Ryanair Holdings (XTER:RY4C) Interest Coverage: N/A (As of Jun. 2026)

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XTER:RY4C Ryanair Holdings PLC XTER:RY4C
89 GF Score
Price €24.66
GF Value €25.05
Valuation Fairly Valued
! 2 Warning Signs
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What is Ryanair Holdings 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. Ryanair Holdings's Operating Income for the three months ended in Jun. 2026 was €575 Mil. Ryanair Holdings's Interest Expense for the three months ended in Jun. 2026 was €0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Ryanair Holdings PLC has enough cash to cover all of its debt. Its financial situation is stable.

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

XTER:RY4C' s Interest Coverage Range Over the Past 10 Years
Min: 15.47   Med: 23.13   Max: 62.81
Current: 53.87


XTER:RY4C's Interest Coverage is ranked better than
88.94% of 841 companies
in the Transportation industry
Industry Median: 5.72 vs XTER:RY4C: 53.87

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


Ryanair Holdings  (XTER:RY4C) 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 .


Ryanair Holdings Interest Coverage Related Terms


Ryanair Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ryanair Holdings'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.

Ryanair Holdings Interest Coverage Chart

Ryanair Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 18.78 24.83 23.43 62.81

Ryanair Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 N/A N/A N/A 0.00 N/A

XTER:RY4C vs DAL, UAL, LUV: Interest Coverage Comparison

For the Airlines subindustry, Ryanair Holdings'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.


Ryanair Holdings Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Ryanair Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ryanair Holdings's Interest Coverage falls into.


XTER:RY4C
89GF Score
Ryanair Holdings PLC XTER:RY4C
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ryanair Holdings 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.

Ryanair Holdings's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Ryanair Holdings's Interest Expense was €-38 Mil. Its Operating Income was €2,374 Mil. And its Long-Term Debt & Capital Lease Obligation was €253 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2374.2/-37.8
=62.81

Ryanair Holdings's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Ryanair Holdings's Interest Expense was €0 Mil. Its Operating Income was €575 Mil. And its Long-Term Debt & Capital Lease Obligation was €142 Mil.

GuruFocus does not calculate Ryanair Holdings's interest coverage with the available data.

* 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.

Is Ryanair Holdings (XTER:RY4C) Overvalued in 2026?

Based on GuruFocus' analysis, Ryanair Holdings stock appears to be undervalued. The current stock price of €24.66 is trading 1.6% below its estimated GF Value™ of €25.05. GuruFocus considers Ryanair Holdings to be Fairly Valued.

Key valuation signals for XTER:RY4C:

  • Interest Coverage: N/A
  • GF Value™: €25.05 vs. price of €24.66 (1.6% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the XTER:RY4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ryanair Holdings Business Description

Address Airside Business Park, Swords, County Dublin, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,600 flights daily across 240-plus destinations in 40 countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, including the newer 737 8-200 "Gamechanger" variant, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volume, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.
89GF Score

Get the complete analysis for XTER:RY4C

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

€24.66
Price
€25.05
GF Value