Photocat AS (XSAT:PCAT) Interest Coverage: 11.63 (As of Dec. 2025) — 58050% Above Median


XSAT:PCAT Photocat AS XSAT:PCAT
9 GF Score
Price kr5.90
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What is Photocat AS Interest Coverage?

Photocat AS XSAT:PCAT -1.67% 9 Interest Coverage is 11.63 as of Dec. 2025, which is 58050% above its 10-year median of 0.02. GuruFocus rates XSAT:PCAT with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 1,232 Chemicals companies, Photocat AS ranks better than 52.52% 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. Photocat AS's Operating Income for the six months ended in Dec. 2025 was kr2.27 Mil. Photocat AS's Interest Expense for the six months ended in Dec. 2025 was kr-0.20 Mil. Photocat AS's interest coverage for the quarter that ended in Dec. 2025 was 11.63. The higher the ratio, the stronger the company's financial strength is.

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

XSAT:PCAT' s Interest Coverage Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 11.63
Current: 11.63


XSAT:PCAT's Interest Coverage is ranked better than
52.52% of 1232 companies
in the Chemicals industry
Industry Median: 10.13 vs XSAT:PCAT: 11.63

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


Photocat AS  (XSAT:PCAT) 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 .


Photocat AS Interest Coverage Related Terms


Photocat AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Photocat AS'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.

Photocat AS Interest Coverage Chart

Photocat AS 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 0.00 0.00 0.00 0.00 0.02

Photocat AS Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 0.00 0.00 0.00 11.63

XSAT:PCAT vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Photocat AS'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.


Photocat AS Interest Coverage vs Chemicals Industry

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

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


XSAT:PCAT
9GF Score
Photocat AS XSAT:PCAT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Photocat AS 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.

Photocat AS'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, Photocat AS's Interest Expense was kr-1.12 Mil. Its Operating Income was kr0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.026/-1.118
=0.02

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

Here, for the six months ended in Dec. 2025, Photocat AS's Interest Expense was kr-0.20 Mil. Its Operating Income was kr2.27 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*2.267/-0.195
=11.63

* 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 11.63 mean?
Photocat AS (XSAT:PCAT) has a Interest Coverage of 11.63 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Photocat AS and its competitors. This is 58050% above median its historical median of 0.02. Over the past decade, Photocat AS's Interest Coverage has ranged from 0.02 to 11.63. According to the industry distribution chart, Photocat AS ranks #585 out of 1232 companies in the Chemicals industry, placing it in the top 47.5%.
Is Photocat AS's Interest Coverage too high?
Photocat AS's current Interest Coverage of 11.63 is 58050% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 11.63. The Chemicals industry median Interest Coverage is 10.13. Photocat AS's value of 11.63 is 14.8% above this industry median. Based on the distribution chart, Photocat AS ranks #585 out of 1232 companies in the Chemicals industry, which is above the industry midpoint. Overall, Photocat AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Photocat AS's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Photocat AS ranks #585 out of 1232 companies for Interest Coverage. This puts Photocat AS in the upper half of its industry. The industry median Interest Coverage is 10.13. Photocat AS's value of 11.63 is 14.8% above this benchmark. Historically, Photocat AS's own Interest Coverage has ranged from 0.02 to 11.63 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 10.13, Photocat AS has consistently been above 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 10.13, based on 1,232 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. Photocat AS's current Interest Coverage of 11.63 is 14.8% above 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 Photocat AS and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photocat AS's current Interest Coverage is 11.63, which is 58050% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photocat AS stock overvalued right now?
Photocat AS (XSAT:PCAT) has a current Interest Coverage of 11.63. The current Interest Coverage is 11.63, which is 58050% above median its 10-year median of 0.02 and 14.8% above the Chemicals industry median of 10.13. Photocat AS's overall GF Score™ is 9/100 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 Photocat AS (XSAT:PCAT), the current Interest Coverage is 11.63 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.

Photocat AS Business Description

Address Langebjerg 4, Roskilde, DNK, 4000
Photocat AS is a Danish green tech company has developed photocatalytic liquids and solutions designed to improve environmental conditions and potentially deliver life-saving enhancements to air quality. Its solutions are developed with both economic and scientific objectives, enabling its customers to add enhanced value when delivering their own products, such as roofing membranes, coatings, roads, and flooring. The company markets its products under the NOxOFF, Actifloor, ShineOn, and Photocat Garden trademarks. All products are currently in the early stages of their lifecycle, due to the nature of the underlying technology and processes. Its solutions include NOxOFF Concrete, NOxOFF Bitumen, NOxOFF Asphalt, Photocat Garden, and Actifloor.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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