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Gosol Energy Group AB (XSAT:GOSOL) Interest Coverage : 86.87 (As of Dec. 2024)


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What is Gosol Energy Group AB Interest Coverage?

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. Gosol Energy Group AB's Operating Income for the six months ended in Dec. 2024 was kr4.7 Mil. Gosol Energy Group AB's Interest Expense for the six months ended in Dec. 2024 was kr-0.1 Mil. Gosol Energy Group AB's interest coverage for the quarter that ended in Dec. 2024 was 86.87. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Gosol Energy Group AB has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Gosol Energy Group AB's Interest Coverage or its related term are showing as below:

XSAT:GOSOL' s Interest Coverage Range Over the Past 10 Years
Min: 86.87   Med: 829   Max: 4289.67
Current: 86.87


XSAT:GOSOL's Interest Coverage is ranked better than
71.36% of 611 companies
in the Semiconductors industry
Industry Median: 19.06 vs XSAT:GOSOL: 86.87

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


Gosol Energy Group AB Interest Coverage Historical Data

The historical data trend for Gosol Energy Group AB'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.

* Premium members only.

Gosol Energy Group AB Interest Coverage Chart

Gosol Energy Group AB Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
829.00 4,289.67 86.87

Gosol Energy Group AB Semi-Annual Data
Dec22 Dec23 Dec24
Interest Coverage 829.00 4,289.67 86.87

Competitive Comparison of Gosol Energy Group AB's Interest Coverage

For the Solar subindustry, Gosol Energy Group AB'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.


Gosol Energy Group AB's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Gosol Energy Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gosol Energy Group AB's Interest Coverage falls into.


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Gosol Energy Group AB 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.

Gosol Energy Group AB's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Gosol Energy Group AB's Interest Expense was kr-0.1 Mil. Its Operating Income was kr4.7 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4.691/-0.054
=86.87

Gosol Energy Group AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Gosol Energy Group AB's Interest Expense was kr-0.1 Mil. Its Operating Income was kr4.7 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*4.691/-0.054
=86.87

* 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.


Gosol Energy Group AB  (XSAT:GOSOL) 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 .


Gosol Energy Group AB Interest Coverage Related Terms

Thank you for viewing the detailed overview of Gosol Energy Group AB's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Gosol Energy Group AB Business Description

Traded in Other Exchanges
N/A
Address
Telefonvagen 30, Stockholm, SWE, 126 26
Gosol Energy Group AB is a comprehensive supplier of energy solutions with a focus on solar cells, charging infrastructure and battery solutions for private individuals and companies.

Gosol Energy Group AB Headlines

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