El.En. SpAELEAF 74 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 101.59. GuruFocus rates ELEAF with a GF Score™ of 74/100 and a GF Value™ of $15.64 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 468 Medical Devices & Instruments companies, El.En. SpA ranks worse than 213675% 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. El.En. SpA's
Operating Income
for the
three
months ended in Mar. 2026 was $23.0 Mil. El.En. SpA's Interest Expense for the
three
months ended in Mar. 2026 was $0.0 Mil.
El.En. SpA has no debt.
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. El.En. SpA has enough cash to cover all of its debt. Its financial situation is stable.
(1) 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.
The historical rank and industry rank for El.En. SpA's Interest Coverage or its related term are showing as below:
ELEAF's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 15.71 * Ranked among companies with meaningful Interest Coverage only.
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 .
El.En. SpA Interest Coverage Related Terms
El.En. SpA Interest Coverage Historical Data
* Premium members only.
The historical data trend for El.En. SpA'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.
ELEAF vs ABT, SYK, MDT: Interest Coverage Comparison
For the Medical Devices subindustry, El.En. SpA'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.
El.En. SpA Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, El.En. SpA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where El.En. SpA'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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
El.En. SpA (ELEAF) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on El.En. SpA and its competitors. This is 99% below median its historical median of 101.59. Over the past decade, El.En. SpA's Interest Coverage has ranged from 56.29 to 228.05. According to the industry distribution chart, El.En. SpA ranks #999999 out of 468 companies in the Medical Devices & Instruments industry.
Is El.En. SpA's Interest Coverage too high?
El.En. SpA's current Interest Coverage of No Debt (1) is 99% below median its 10-year median of 101.59. Over the past 10 years, this metric has ranged from a low of 56.29 to a high of 228.05. Based on the distribution chart, El.En. SpA ranks #999999 out of 468 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, El.En. SpA has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does El.En. SpA's Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, El.En. SpA ranks #999999 out of 468 companies for Interest Coverage. This places El.En. SpA in the lower half of its industry. The industry median Interest Coverage is 15.71. Historically, El.En. SpA's own Interest Coverage has ranged from 56.29 to 228.05 over the past decade. 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.71, based on 468 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. 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 El.En. SpA and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. El.En. SpA's current Interest Coverage is No Debt (1), which is 99% below median its own 10-year median of 101.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El.En. SpA stock overvalued right now?
Based on GuruFocus' analysis, El.En. SpA (ELEAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.64, compared to a current price of $18.50 — trading 18.3% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 99% below median its 10-year median of 101.59. El.En. SpA's overall GF Score™ is 74/100 with 6 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 El.En. SpA (ELEAF), the current Interest Coverage is No Debt (1) 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 El.En. SpA (ELEAF) Overvalued in 2026?
Based on GuruFocus' analysis, El.En. SpA stock appears to be overvalued.
The current stock price of $18.50 is trading 18.3% above its estimated GF Value™ of $15.64.
GuruFocus considers El.En. SpA to be Modestly Overvalued.
Key valuation signals for ELEAF:
Interest Coverage: No Debt (1) (99% below median its 10-year median of 101.59)
GF Value™: $15.64 vs. price of $18.50 (18.3% above fair value)
No single metric tells the full story. See the ELEAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
El.En. SpA is engaged in the research and development, manufacturing, distribution, and sales of laser systems. The company operates in two divisions: medical and industrial. In the medical division, the application of laser is used as a healing treatment for aesthetic, surgical, physiotherapy and dental. Industrial division develops solutions for laser material processing applications through cutting, marking, laser sources and restoration. The company generates the majority of its revenue from the medical division. Geographically, it derives maximum revenue from the Rest of the World.
74GF Score
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