Minerva Knitwear (ATH:MIN) Interest Coverage: 3.51 (As of Dec. 2025) — 234% Above Median


ATH:MIN Minerva Knitwear SA ATH:MIN
35 GF Score
Price €0.59
GF Value €0.58
Valuation Fairly Valued
! 5 Warning Signs
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What is Minerva Knitwear Interest Coverage?

Minerva Knitwear ATH:MIN -0.85% 35 Interest Coverage is 3.51 as of Dec. 2025, which is 234% above its 10-year median of 1.05. GuruFocus rates ATH:MIN with a GF Score™ of 35/100 and a GF Value™ of €0.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 743 Manufacturing - Apparel & Accessories companies, Minerva Knitwear ranks worse than 79% 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. Minerva Knitwear's Operating Income for the six months ended in Dec. 2025 was €1.29 Mil. Minerva Knitwear's Interest Expense for the six months ended in Dec. 2025 was €-0.37 Mil. Minerva Knitwear's interest coverage for the quarter that ended in Dec. 2025 was 3.51. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Minerva Knitwear SA interest coverage is 1.6, which is low.

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

ATH:MIN' s Interest Coverage Range Over the Past 10 Years
Min: 0.45   Med: 1.05   Max: 2.06
Current: 1.6


ATH:MIN's Interest Coverage is ranked worse than
79% of 743 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs ATH:MIN: 1.60

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


Minerva Knitwear  (ATH:MIN) 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 .


Minerva Knitwear Interest Coverage Related Terms


Minerva Knitwear Interest Coverage Historical Data

* Premium members only.

The historical data trend for Minerva Knitwear'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.

Minerva Knitwear Interest Coverage Chart

Minerva Knitwear 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 2.05 2.06 1.33 1.44 1.60

Minerva Knitwear Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 2.21 0.18 3.03 0.21 3.51

ATH:MIN vs AIN: Interest Coverage Comparison

For the Textile Manufacturing subindustry, Minerva Knitwear'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.


Minerva Knitwear Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Minerva Knitwear's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Minerva Knitwear's Interest Coverage falls into.


ATH:MIN
35GF Score
Minerva Knitwear SA ATH:MIN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minerva Knitwear 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.

Minerva Knitwear'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, Minerva Knitwear's Interest Expense was €-0.87 Mil. Its Operating Income was €1.40 Mil. And its Long-Term Debt & Capital Lease Obligation was €13.16 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1.396/-0.873
=1.60

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

Here, for the six months ended in Dec. 2025, Minerva Knitwear's Interest Expense was €-0.37 Mil. Its Operating Income was €1.29 Mil. And its Long-Term Debt & Capital Lease Obligation was €13.16 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1.288/-0.367
=3.51

* 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 3.51 mean?
Minerva Knitwear (ATH:MIN) has a Interest Coverage of 3.51 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minerva Knitwear and its competitors. This is 234% above median its historical median of 1.05. Over the past decade, Minerva Knitwear's Interest Coverage has ranged from 0.45 to 2.06. According to the industry distribution chart, Minerva Knitwear ranks #587 out of 743 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79%.
Is Minerva Knitwear's Interest Coverage too high?
Minerva Knitwear's current Interest Coverage of 3.51 is 234% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.06. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Minerva Knitwear's value of 3.51 is 35.4% below this industry median. Based on the distribution chart, Minerva Knitwear ranks #587 out of 743 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Minerva Knitwear has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minerva Knitwear's Interest Coverage compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Minerva Knitwear ranks #587 out of 743 companies for Interest Coverage. This places Minerva Knitwear in the lower half of its industry. The industry median Interest Coverage is 5.43. Minerva Knitwear's value of 3.51 is 35.4% below this benchmark. Historically, Minerva Knitwear's own Interest Coverage has ranged from 0.45 to 2.06 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 5.43, Minerva Knitwear has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 743 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. Minerva Knitwear's current Interest Coverage of 3.51 is 35.4% below 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 Minerva Knitwear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerva Knitwear's current Interest Coverage is 3.51, which is 234% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Knitwear stock overvalued right now?
Based on GuruFocus' analysis, Minerva Knitwear (ATH:MIN) is currently considered Fairly Valued. The stock's GF Value™ is €0.58, compared to a current price of €0.59 — trading 0.9% above its estimated fair value. The current Interest Coverage is 3.51, which is 234% above median its 10-year median of 1.05 and 35.4% below the Manufacturing - Apparel & Accessories industry median of 5.43. Minerva Knitwear's overall GF Score™ is 35/100 with 5 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 Minerva Knitwear (ATH:MIN), the current Interest Coverage is 3.51 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.

Is Minerva Knitwear (ATH:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Minerva Knitwear stock appears to be overvalued. The current stock price of €0.59 is trading 0.9% above its estimated GF Value™ of €0.58. GuruFocus considers Minerva Knitwear to be Fairly Valued.

Key valuation signals for ATH:MIN:

  • Interest Coverage: 3.51 (234% above median its 10-year median of 1.05)
  • GF Value™: €0.58 vs. price of €0.59 (0.9% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 35.4% below the Manufacturing - Apparel & Accessories median (#587 of 743)

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


Minerva Knitwear Business Description

Address 6th klm Thessaloniki - Oraiokastro, Thessaloniki, GRC, 564 29
Minerva Knitwear SA is engaged in manufacturing, processing and trading of woollen and cotton products, and other textile raw materials. The company's products include men's, women's and children's underwear, men's, women's and children's sleep body-suits-pyjamas, Home-wear clothes for the winter and beachwear for the summer, blouses, T-Shirts, and women's Lingerie.
35GF Score

Get the complete analysis for ATH:MIN

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

€0.59
Price
€0.58
GF Value