Arctic Paper (WAR:ATC) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


WAR:ATC Arctic Paper SA WAR:ATC
57 GF Score
Price zł5.85
GF Value zł14.28
Valuation Possible Value Trap
! 6 Warning Signs
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What is Arctic Paper Interest Coverage?

Arctic Paper WAR:ATC +0.17% 57 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates WAR:ATC with a GF Score™ of 57/100 and a GF Value™ of zł14.28 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 182 Forest Products companies, Arctic Paper ranks worse than 549450% 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. Arctic Paper's Operating Income for the three months ended in Mar. 2026 was zł-36 Mil. Arctic Paper's Interest Expense for the three months ended in Mar. 2026 was zł-5 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


WAR:ATC's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 3.97
* Ranked among companies with meaningful Interest Coverage only.

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


Arctic Paper  (WAR:ATC) 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 .


Arctic Paper Interest Coverage Related Terms


Arctic Paper Interest Coverage Historical Data

* Premium members only.

The historical data trend for Arctic Paper'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.

Arctic Paper Interest Coverage Chart

Arctic Paper 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 12.39 116.36 49.19 18.79 0.00

Arctic Paper 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 0.00 0.00 0.00 0.00 0.00

WAR:ATC vs SLVM: Interest Coverage Comparison

For the Paper & Paper Products subindustry, Arctic Paper'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.


Arctic Paper Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Interest Coverage distribution charts can be found below:

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


WAR:ATC
57GF Score
Arctic Paper SA WAR:ATC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arctic Paper 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.

Arctic Paper'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, Arctic Paper's Interest Expense was zł-15 Mil. Its Operating Income was zł-169 Mil. And its Long-Term Debt & Capital Lease Obligation was zł74 Mil.

Arctic Paper did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Arctic Paper's Interest Expense was zł-5 Mil. Its Operating Income was zł-36 Mil. And its Long-Term Debt & Capital Lease Obligation was zł172 Mil.

Arctic Paper did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Arctic Paper (WAR:ATC) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Arctic Paper and its competitors. According to the industry distribution chart, Arctic Paper ranks #999999 out of 182 companies in the Forest Products industry.
Is Arctic Paper's Interest Coverage too high?
Arctic Paper's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Arctic Paper ranks #999999 out of 182 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Arctic Paper has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctic Paper's Interest Coverage compare to SLVM?
According to the Forest Products industry distribution chart, Arctic Paper ranks #999999 out of 182 companies for Interest Coverage. This places Arctic Paper in the lower half of its industry. The industry median Interest Coverage is 3.97. 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.97, based on 182 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. 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 Arctic Paper and its competitors. For the Forest Products industry, the median Interest Coverage is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctic Paper's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctic Paper stock overvalued right now?
Based on GuruFocus' analysis, Arctic Paper (WAR:ATC) is currently considered Possible Value Trap. The stock's GF Value™ is zł14.28, compared to a current price of zł5.85 — trading 59% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Arctic Paper's overall GF Score™ is 57/100 with 6 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 Arctic Paper (WAR:ATC), the current Interest Coverage is 0 (At Loss) 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 Arctic Paper (WAR:ATC) Overvalued in 2026?

Based on GuruFocus' analysis, Arctic Paper stock appears to be undervalued. The current stock price of zł5.85 is trading 59% below its estimated GF Value™ of zł14.28. GuruFocus considers Arctic Paper to be Possible Value Trap.

Key valuation signals for WAR:ATC:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: zł14.28 vs. price of zł5.85 (59% below fair value)
  • GF Score™: 57/100 with 6 warning signs

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


Arctic Paper Business Description

Other Exchanges ARP:SwedenA0P:Germany
Address UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470
Arctic Paper SA produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry. The company's segment includes Paper and Pulp. The firm derives maximum revenue from the Paper segment. The majority of revenue is generated from Uncoated segment. Geographically, the firm derives revenue from Germany, France, the UK, Scandinavia, Western Europe (other countries), Poland, Central and Eastern Europe (other than Poland), and Outside Europe.
57GF Score

Get the complete analysis for WAR:ATC

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

zł5.85
Price
zł14.28
GF Value