ELMD (Electromed) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

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ELMD Electromed Inc ELMD
96 GF Score
Price $27.25
GF Value $27.46
Valuation Fairly Valued
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What is Electromed Interest Coverage?

Electromed ELMD +2.70% 96 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates ELMD with a GF Score™ of 96/100 and a GF Value™ of $27.46 (Fairly Valued). Among 462 Medical Devices & Instruments companies, Electromed ranks better than 99.35% 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. Electromed's Operating Income for the three months ended in Jun. 2026 was $3.83 Mil. Electromed's Interest Expense for the three months ended in Jun. 2026 was $0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Electromed Inc has no debt.

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

ELMD' s Interest Coverage Range Over the Past 10 Years
Min: 71.38   Med: No Debt   Max: No Debt
Current: No Debt


ELMD's Interest Coverage is ranked better than
99.35% of 462 companies
in the Medical Devices & Instruments industry
Industry Median: 16.755 vs ELMD: No Debt

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


Electromed  (AMEX:ELMD) 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 .


Electromed Interest Coverage Related Terms


Electromed Interest Coverage Historical Data

* Premium members only.

The historical data trend for Electromed'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.

Electromed Interest Coverage Chart

Electromed Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Interest Coverage
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Electromed 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 - - - - -

ELMD vs LAB, INFU, STIM: Interest Coverage Comparison

For the Medical Devices subindustry, Electromed'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.


Electromed Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Electromed's Interest Coverage distribution charts can be found below:

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


ELMD
96GF Score
Electromed Inc ELMD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electromed 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.

Electromed's Interest Coverage for the fiscal year that ended in Jun. 2026 is calculated as

Here, for the fiscal year that ended in Jun. 2026, Electromed's Interest Expense was $0.00 Mil. Its Operating Income was $13.88 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

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

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

Here, for the three months ended in Jun. 2026, Electromed's Interest Expense was $0.00 Mil. Its Operating Income was $3.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

GuruFocus does not calculate Electromed'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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Electromed (ELMD) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Electromed and its competitors. Over the past decade, Electromed's Interest Coverage has ranged from 71.38 to 10,000.00. According to the industry distribution chart, Electromed ranks #3 out of 462 companies in the Medical Devices & Instruments industry, placing it in the top 0.59999999999999%.
Is Electromed's Interest Coverage too high?
Electromed's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 71.38 to a high of 10,000.00. Based on the distribution chart, Electromed ranks #3 out of 462 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Electromed has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Electromed's Interest Coverage compare to LAB and INFU?
According to the Medical Devices & Instruments industry distribution chart, Electromed ranks #3 out of 462 companies for Interest Coverage. This places Electromed in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 16.76. Historically, Electromed's own Interest Coverage has ranged from 71.38 to 10,000.00 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 16.76, based on 462 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 Electromed and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electromed's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electromed stock overvalued right now?
Based on GuruFocus' analysis, Electromed (ELMD) is currently considered Fairly Valued. The stock's GF Value™ is $27.46, compared to a current price of $27.25 — trading 0.8% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Electromed's overall GF Score™ is 96/100. 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 Electromed (ELMD), the current Interest Coverage is 0 (At Loss) as of Jun. 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 Electromed (ELMD) Overvalued in 2026?

Based on GuruFocus' analysis, Electromed stock appears to be undervalued. The current stock price of $27.25 is trading 0.8% below its estimated GF Value™ of $27.46. GuruFocus considers Electromed to be Fairly Valued.

Key valuation signals for ELMD:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $27.46 vs. price of $27.25 (0.8% below fair value)
  • GF Score™: 96/100

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


Electromed Business Description

Address 500 Sixth Avenue NW, New Prague, MN, USA, 56071
Electromed Inc is a United States-based company that develops, manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest Airway Clearance System and related products, to patients with compromised pulmonary function with a commitment to excellence and compassionate service. The SmartVest System features a programmable air pulse generator, a therapy garment worn over the upper body and a connecting hose, which together provide safe, comfortable, and effective airway clearance therapy.
96GF Score

Get the complete analysis for ELMD

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

$27.25
Price
$27.46
GF Value