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Vultus AB (XSAT:VULTS) Interest Coverage : 16.26 (As of Mar. 2025)


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What is Vultus 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. Vultus AB's Operating Income for the three months ended in Mar. 2025 was kr2.55 Mil. Vultus AB's Interest Expense for the three months ended in Mar. 2025 was kr-0.16 Mil. Vultus AB's interest coverage for the quarter that ended in Mar. 2025 was 16.26. The higher the ratio, the stronger the company's financial strength is.

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


XSAT:VULTS's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 25.82
* 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.


Vultus AB Interest Coverage Historical Data

The historical data trend for Vultus 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.

Vultus AB Interest Coverage Chart

Vultus AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt - No Debt - -

Vultus AB Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt - - - 16.26

Competitive Comparison of Vultus AB's Interest Coverage

For the Information Technology Services subindustry, Vultus 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.


Vultus AB's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Vultus AB's Interest Coverage distribution charts can be found below:

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


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Vultus 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.

Vultus 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, Vultus AB's Interest Expense was kr-0.09 Mil. Its Operating Income was kr-4.56 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Vultus AB did not have earnings to cover the interest expense.

Vultus AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Vultus AB's Interest Expense was kr-0.16 Mil. Its Operating Income was kr2.55 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2.553/-0.157
=16.26

* 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.


Vultus AB  (XSAT:VULTS) 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 .


Vultus AB Interest Coverage Related Terms

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


Vultus AB Business Description

Traded in Other Exchanges
N/A
Address
Scheelevagen 15, Lund, SWE, 223 63
Vultus AB is an IT company. The company specializes in the development of digital platforms. The digital solutions consist, for example, of a fertilizer guide for farmers. Based on satellite and weather data, field-specific maps are created for spreading fertilizer, unique to the different needs of each field. Its products comprise of Nitrogen Prescriptions, Crop Specific Plant Health, Water Stress, and Soil Moisture.

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