SLVYY (Solvay) Interest Coverage: 3.28 (As of Mar. 2026) — 35% Below Median


SLVYY Solvay SA SLVYY
70 GF Score
Price $3.02
GF Value $2.95
Valuation Fairly Valued
! 7 Warning Signs
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What is Solvay Interest Coverage?

Solvay SLVYY -0.17% 70 Interest Coverage is 3.28 as of Mar. 2026, which is 35% below its 10-year median of 5.03. GuruFocus rates SLVYY with a GF Score™ of 70/100 and a GF Value™ of $2.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,237 Chemicals companies, Solvay ranks worse than 75.75% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Solvay's Operating Income for the three months ended in Mar. 2026 was $136 Mil. Solvay's Interest Expense for the three months ended in Mar. 2026 was $-42 Mil. Solvay's interest coverage for the quarter that ended in Mar. 2026 was 3.28. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Solvay SA interest coverage is 3.31, which is low.

The historical rank and industry rank for Solvay's Interest Coverage or its related term are showing as below:

SLVYY' s Interest Coverage Range Over the Past 10 Years
Min: 3.16   Med: 5.03   Max: 14.85
Current: 3.31


SLVYY's Interest Coverage is ranked worse than
75.75% of 1237 companies
in the Chemicals industry
Industry Median: 10.21 vs SLVYY: 3.31

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Solvay  (OTCPK:SLVYY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Solvay Interest Coverage Related Terms


Solvay Interest Coverage Historical Data

* Premium members only.

The historical data trend for Solvay's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Solvay Interest Coverage Chart

Solvay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.32 14.85 6.16 5.29 3.81

Solvay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.20 3.41 3.83 2.44 3.28

SLVYY vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Solvay's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solvay Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Solvay's Interest Coverage falls into.


SLVYY
70GF Score
Solvay SA SLVYY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Solvay Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Solvay's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Solvay's Interest Expense was $-146 Mil. Its Operating Income was $557 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,108 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*557.377/-146.37
=3.81

Solvay's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Solvay's Interest Expense was $-42 Mil. Its Operating Income was $136 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,116 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*136.416/-41.618
=3.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.28 mean?
Solvay (SLVYY) has a Interest Coverage of 3.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Solvay and its competitors. This is 35% below median its historical median of 5.03. Over the past decade, Solvay's Interest Coverage has ranged from 3.16 to 14.85. According to the industry distribution chart, Solvay ranks #937 out of 1237 companies in the Chemicals industry, placing it in the top 75.7%.
Is Solvay's Interest Coverage too high?
Solvay's current Interest Coverage of 3.28 is 35% below median its 10-year median of 5.03. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 14.85. The Chemicals industry median Interest Coverage is 10.21. Solvay's value of 3.28 is 67.9% below this industry median. Based on the distribution chart, Solvay ranks #937 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Solvay has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solvay's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Solvay ranks #937 out of 1237 companies for Interest Coverage. This places Solvay in the lower half of its industry. The industry median Interest Coverage is 10.21. Solvay's value of 3.28 is 67.9% below this benchmark. Historically, Solvay's own Interest Coverage has ranged from 3.16 to 14.85 over the past decade. While the company's 10-year median is 5.03 vs. the industry median of 10.21, Solvay has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solvay's current Interest Coverage of 3.28 is 67.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Solvay and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solvay's current Interest Coverage is 3.28, which is 35% below median its own 10-year median of 5.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solvay stock overvalued right now?
Based on GuruFocus' analysis, Solvay (SLVYY) is currently considered Fairly Valued. The stock's GF Value™ is $2.95, compared to a current price of $3.02 — trading 2.2% above its estimated fair value. The current Interest Coverage is 3.28, which is 35% below median its 10-year median of 5.03 and 67.9% below the Chemicals industry median of 10.21. Solvay's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Solvay (SLVYY), the current Interest Coverage is 3.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Solvay (SLVYY) Overvalued in 2026?

Based on GuruFocus' analysis, Solvay stock appears to be overvalued. The current stock price of $3.02 is trading 2.2% above its estimated GF Value™ of $2.95. GuruFocus considers Solvay to be Fairly Valued.

Key valuation signals for SLVYY:

  • Interest Coverage: 3.28 (35% below median its 10-year median of 5.03)
  • GF Value™: $2.95 vs. price of $3.02 (2.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 67.9% below the Chemicals median (#937 of 1237)

No single metric tells the full story. See the SLVYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solvay Business Description

Address Rue De Ransbeek, 310, Brussels, BEL, 1120
Solvay SA is a Belgium-based producer of chemicals, plastics, and composites, operating businesses in soda ash, peroxides, silica, rare earths, and fluorine. The company's segments are: Basic Chemicals, including soda ash, bicarbonate, and peroxides, serving mature and resilient markets such as building and construction, consumer goods, and food; Performance Chemicals, through Silica, Coatis, Rare Earths, and Fluorine (GBU Special Chem), offering customized products based on formulations and application expertise; and Corporate, comprising corporate and other business services, including Business Services, Procurement, and Energy expertise. Its products serve diverse end markets, including Consumer, Home & Personal Care, Healthcare, Automotive, Food & Feed, and others.
70GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.02
Price
$2.95
GF Value