FGI (FGI Industries) Interest Coverage: 3.11 (As of Jun. 2026) — 63% Below Median

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FGI FGI Industries Ltd FGI
53 GF Score
Price $9.08
GF Value $5.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is FGI Industries Interest Coverage?

FGI Industries FGI -8.93% 53 Interest Coverage is 3.11 as of Jun. 2026, which is 63% below its 10-year median of 8.47. GuruFocus rates FGI with a GF Score™ of 53/100 and a GF Value™ of $5.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 288 Furnishings, Fixtures & Appliances companies, FGI Industries ranks worse than 347221.88% 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. FGI Industries's Operating Income for the three months ended in Jun. 2026 was $1.4 Mil. FGI Industries's Interest Expense for the three months ended in Jun. 2026 was $-0.5 Mil. FGI Industries's interest coverage for the quarter that ended in Jun. 2026 was 3.11. The higher the ratio, the stronger the company's financial strength is.

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


FGI's Interest Coverage is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 11.245
* Ranked among companies with meaningful Interest Coverage only.

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


FGI Industries  (NAS:FGI) 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 .


FGI Industries Interest Coverage Related Terms


FGI Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for FGI Industries'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.

FGI Industries Interest Coverage Chart

FGI Industries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 18.80 8.47 3.07 0.00 0.00

FGI Industries 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 0.00 0.92 0.00 0.00 3.11

FGI vs NCL, SNTW, ATER: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, FGI Industries'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.


FGI Industries Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FGI Industries's Interest Coverage distribution charts can be found below:

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


FGI
53GF Score
FGI Industries Ltd FGI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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FGI Industries 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.

FGI Industries'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, FGI Industries's Interest Expense was $-1.3 Mil. Its Operating Income was $-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $10.0 Mil.

FGI Industries did not have earnings to cover the interest expense.

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

Here, for the three months ended in Jun. 2026, FGI Industries's Interest Expense was $-0.5 Mil. Its Operating Income was $1.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.9 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1.401/-0.45
=3.11

* 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 3.11 mean?
FGI Industries (FGI) has a Interest Coverage of 3.11 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FGI Industries and its competitors. This is 63% below median its historical median of 8.47. According to the industry distribution chart, FGI Industries ranks #999999 out of 288 companies in the Furnishings, Fixtures & Appliances industry.
Is FGI Industries' Interest Coverage too high?
FGI Industries' current Interest Coverage of 3.11 is 63% below median its 10-year median of 8.47. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 11.25. FGI Industries' value of 3.11 is 72.3% below this industry median. Based on the distribution chart, FGI Industries ranks #999999 out of 288 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, FGI Industries has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FGI Industries' Interest Coverage compare to NCL and SNTW?
According to the Furnishings, Fixtures & Appliances industry distribution chart, FGI Industries ranks #999999 out of 288 companies for Interest Coverage. This places FGI Industries in the lower half of its industry. The industry median Interest Coverage is 11.25. FGI Industries' value of 3.11 is 72.3% below this benchmark. While the company's 10-year median is 8.47 vs. the industry median of 11.25, FGI Industries 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.25, based on 288 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. FGI Industries's current Interest Coverage of 3.11 is 72.3% 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 FGI Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FGI Industries's current Interest Coverage is 3.11, which is 63% below median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FGI Industries stock overvalued right now?
Based on GuruFocus' analysis, FGI Industries (FGI) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.50, compared to a current price of $9.08 — trading 65.1% above its estimated fair value. The current Interest Coverage is 3.11, which is 63% below median its 10-year median of 8.47 and 72.3% below the Furnishings, Fixtures & Appliances industry median of 11.25. FGI Industries' overall GF Score™ is 53/100 with 7 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 FGI Industries (FGI), the current Interest Coverage is 3.11 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 FGI Industries (FGI) Overvalued in 2026?

Based on GuruFocus' analysis, FGI Industries stock appears to be overvalued. The current stock price of $9.08 is trading 65.1% above its estimated GF Value™ of $5.50. GuruFocus considers FGI Industries to be Significantly Overvalued.

Key valuation signals for FGI:

  • Interest Coverage: 3.11 (63% below median its 10-year median of 8.47)
  • GF Value™: $5.50 vs. price of $9.08 (65.1% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 72.3% below the Furnishings, Fixtures & Appliances median (#999999 of 288)

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


FGI Industries Business Description

Address 906 Murray Road, East Hanover, NJ, USA, 07936
FGI Industries Ltd is a supplier of kitchen and bath products. The company is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. The company offers products that fall into four categories: Sanitaryware, Bath Furniture, Shower Systems and Other. The company generates the majority of its revenue from the sale of Sanitaryware products. Geographically, it generates the majority of its revenue from the United States, followed by Canada and Europe.
53GF Score

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

$9.08
Price
$5.50
GF Value