Atenor Group (XBRU:ATES) Interest Coverage: 0 (At Loss) (As of Dec. 2025)

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What is Atenor Group Interest Coverage?

Atenor Group XBRU:ATES 39 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates XBRU:ATES with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 1,305 Real Estate companies, Atenor Group ranks worse than 76628.28% 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. Atenor Group's Operating Income for the six months ended in Dec. 2025 was €-12.64 Mil. Atenor Group's Interest Expense for the six months ended in Dec. 2025 was €-11.29 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 Atenor Group's Interest Coverage or its related term are showing as below:


XBRU:ATES's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.24
* 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.


Atenor Group  (XBRU:ATES) 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 .


Atenor Group Interest Coverage Related Terms


Atenor Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Atenor Group'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.

Atenor Group Interest Coverage Chart

Atenor Group 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 5.18 0.01 0.00 0.84 0.00

Atenor Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.09 0.59 0.09 0.00

Atenor Group Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Atenor Group'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.


Atenor Group Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Atenor Group's Interest Coverage distribution charts can be found below:

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



Atenor Group 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.

Atenor Group'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, Atenor Group's Interest Expense was €-27.20 Mil. Its Operating Income was €-11.24 Mil. And its Long-Term Debt & Capital Lease Obligation was €319.73 Mil.

Atenor Group did not have earnings to cover the interest expense.

Atenor Group's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Atenor Group's Interest Expense was €-11.29 Mil. Its Operating Income was €-12.64 Mil. And its Long-Term Debt & Capital Lease Obligation was €319.73 Mil.

Atenor Group 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?
Atenor Group (XBRU:ATES) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Atenor Group and its competitors. Over the past decade, Atenor Group's Interest Coverage has ranged from 0.01 to 5.18. According to the industry distribution chart, Atenor Group ranks #999999 out of 1305 companies in the Real Estate industry.
Is Atenor Group's Interest Coverage too high?
Atenor Group's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 5.18. Based on the distribution chart, Atenor Group ranks #999999 out of 1305 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Atenor Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Atenor Group's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Atenor Group ranks #999999 out of 1305 companies for Interest Coverage. This places Atenor Group in the lower half of its industry. The industry median Interest Coverage is 4.24. Historically, Atenor Group's own Interest Coverage has ranged from 0.01 to 5.18 over the past decade. 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,305 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 Atenor Group and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atenor Group'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 Atenor Group stock overvalued right now?
Atenor Group (XBRU:ATES) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Atenor Group's overall GF Score™ is 39/100 with 3 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 Atenor Group (XBRU:ATES), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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.

Atenor Group Business Description

Address Avenue Reine Astrid 92, La Hulpe, BEL, B-1310
Atenor SA is a Belgium-based real estate development company engaged in the business activity of developing real estate projects. Its project portfolio comprises offices, mixed-use, and residential complexes. The company's projects include Up-Site, Hermes Business Campus, Vaci Greens, Victor, Trebel, and South City Hotel. The group operates in Belgium, the Grand Duchy of Luxembourg, Hungary, and Romania.