Technology OneASX:TNE -1.10%100 Interest Coverage is 53.97 as of Mar. 2026, which is 15% below its 10-year median of 63.67. GuruFocus rates ASX:TNE with a GF Score™ of 100/100 and a GF Value™ of A$30.03 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,707 Software companies, Technology One ranks better than 60.81% 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. Technology One's
Operating Income
for the
six
months ended in Mar. 2026 was A$86.4 Mil. Technology One's Interest Expense for the
six
months ended in Mar. 2026 was A$-1.6 Mil.
Technology One's interest coverage for the quarter that ended in Mar. 2026 was 53.97.
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. Technology One Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Technology One's Interest Coverage or its related term are showing as below:
ASX:TNE'
s Interest Coverage Range Over the Past 10 Years
Min: 49.42 Med: 63.67 Max: 3123.63
Current: 55.01
ASX:TNE's Interest Coverage is ranked better than 60.81% of 1707
companies
in the Software industry
Industry Median: 24.65
vs ASX:TNE: 55.01
Technology One (ASX:TNE) 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 .
Technology One Interest Coverage Related Terms
Technology One Interest Coverage Historical Data
* Premium members only.
The historical data trend for Technology One'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.
ASX:TNE vs CRM, SHOP, UBER: Interest Coverage Comparison
For the Software - Application subindustry, Technology One'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.
Technology One Interest Coverage vs Software Industry
For the Software industry and Technology sector, Technology One's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Technology One's Interest Coverage falls into.
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:
* 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.
Technology One (ASX:TNE) has a Interest Coverage of 53.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Technology One and its competitors. This is 15% below median its historical median of 63.67. Over the past decade, Technology One's Interest Coverage has ranged from 49.42 to 3,123.63. According to the industry distribution chart, Technology One ranks #669 out of 1707 companies in the Software industry, placing it in the top 39.2%.
Is Technology One's Interest Coverage too high?
Technology One's current Interest Coverage of 53.97 is 15% below median its 10-year median of 63.67. Over the past 10 years, this metric has ranged from a low of 49.42 to a high of 3,123.63. The Software industry median Interest Coverage is 24.65. Technology One's value of 53.97 is 118.9% above this industry median. Based on the distribution chart, Technology One ranks #669 out of 1707 companies in the Software industry, which is above the industry midpoint. Overall, Technology One has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technology One's Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, Technology One ranks #669 out of 1707 companies for Interest Coverage. This puts Technology One in the upper half of its industry. The industry median Interest Coverage is 24.65. Technology One's value of 53.97 is 118.9% above this benchmark. Historically, Technology One's own Interest Coverage has ranged from 49.42 to 3,123.63 over the past decade. While the company's 10-year median is 63.67 vs. the industry median of 24.65, Technology One 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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. Technology One's current Interest Coverage of 53.97 is 118.9% 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 Technology One and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology One's current Interest Coverage is 53.97, which is 15% below median its own 10-year median of 63.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology One stock overvalued right now?
Based on GuruFocus' analysis, Technology One (ASX:TNE) is currently considered Fairly Valued. The stock's GF Value™ is A$30.03, compared to a current price of A$28.87 — trading 3.9% below its estimated fair value. The current Interest Coverage is 53.97, which is 15% below median its 10-year median of 63.67 and 118.9% above the Software industry median of 24.65. Technology One's overall GF Score™ is 100/100 with 1 warning sign 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 Technology One (ASX:TNE), the current Interest Coverage is 53.97 as of Mar. 2026. 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.
Is Technology One (ASX:TNE) Overvalued in 2026?
Based on GuruFocus' analysis, Technology One stock appears to be undervalued.
The current stock price of A$28.87 is trading 3.9% below its estimated GF Value™ of A$30.03.
GuruFocus considers Technology One to be Fairly Valued.
Key valuation signals for ASX:TNE:
Interest Coverage: 53.97 (15% below median its 10-year median of 63.67)
GF Value™: A$30.03 vs. price of A$28.87 (3.9% below fair value)
Industry Position: 118.9% above the Software median (#669 of 1707)
No single metric tells the full story. See the ASX:TNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technology One is a technology company providing enterprise resource planning software, primarily to governmental organizations, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
100GF Score
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