Corsair Gaming (FRA:6C2) Interest Coverage: 8.16 (As of Mar. 2026) — 1118% Above Median


FRA:6C2 Corsair Gaming Inc FRA:6C2
71 GF Score
Price €7.57
GF Value €8.33
Valuation Fairly Valued
! 3 Warning Signs
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What is Corsair Gaming Interest Coverage?

Corsair Gaming FRA:6C2 -2.51% 71 Interest Coverage is 8.16 as of Mar. 2026, which is 1118% above its 10-year median of 0.67. GuruFocus rates FRA:6C2 with a GF Score™ of 71/100 and a GF Value™ of €8.33 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,672 Hardware companies, Corsair Gaming ranks worse than 87.92% 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. Corsair Gaming's Operating Income for the three months ended in Mar. 2026 was €12 Mil. Corsair Gaming's Interest Expense for the three months ended in Mar. 2026 was €-1 Mil. Corsair Gaming's interest coverage for the quarter that ended in Mar. 2026 was 8.16. The higher the ratio, the stronger the company's financial strength is.

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

FRA:6C2' s Interest Coverage Range Over the Past 10 Years
Min: 0.22   Med: 0.67   Max: 10.8
Current: 2.17


FRA:6C2's Interest Coverage is ranked worse than
87.92% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs FRA:6C2: 2.17

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


Corsair Gaming  (FRA:6C2) 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 .


Corsair Gaming Interest Coverage Related Terms


Corsair Gaming Interest Coverage Historical Data

* Premium members only.

The historical data trend for Corsair Gaming'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.

Corsair Gaming Interest Coverage Chart

Corsair Gaming Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 10.80 0.00 0.56 0.00 0.22

Corsair Gaming Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 12.53 8.16

FRA:6C2 vs UMAC, CRCT, SSYS: Interest Coverage Comparison

For the Computer Hardware subindustry, Corsair Gaming'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.


Corsair Gaming Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Corsair Gaming's Interest Coverage distribution charts can be found below:

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


FRA:6C2
71GF Score
Corsair Gaming Inc FRA:6C2
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corsair Gaming 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.

Corsair Gaming'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, Corsair Gaming's Interest Expense was €-8 Mil. Its Operating Income was €2 Mil. And its Long-Term Debt & Capital Lease Obligation was €143 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1.773/-7.985
=0.22

Corsair Gaming's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Corsair Gaming's Interest Expense was €-1 Mil. Its Operating Income was €12 Mil. And its Long-Term Debt & Capital Lease Obligation was €142 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*11.934/-1.463
=8.16

* 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 8.16 mean?
Corsair Gaming (FRA:6C2) has a Interest Coverage of 8.16 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Corsair Gaming and its competitors. This is 1118% above median its historical median of 0.67. Over the past decade, Corsair Gaming's Interest Coverage has ranged from 0.22 to 10.80. According to the industry distribution chart, Corsair Gaming ranks #1470 out of 1672 companies in the Hardware industry, placing it in the top 87.9%.
Is Corsair Gaming's Interest Coverage too high?
Corsair Gaming's current Interest Coverage of 8.16 is 1118% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 10.80. The Hardware industry median Interest Coverage is 13.73. Corsair Gaming's value of 8.16 is 40.6% below this industry median. Based on the distribution chart, Corsair Gaming ranks #1470 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Corsair Gaming has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corsair Gaming's Interest Coverage compare to UMAC and CRCT?
According to the Hardware industry distribution chart, Corsair Gaming ranks #1470 out of 1672 companies for Interest Coverage. This places Corsair Gaming in the lower half of its industry. The industry median Interest Coverage is 13.73. Corsair Gaming's value of 8.16 is 40.6% below this benchmark. Historically, Corsair Gaming's own Interest Coverage has ranged from 0.22 to 10.80 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 13.73, Corsair Gaming 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Corsair Gaming's current Interest Coverage of 8.16 is 40.6% 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 Corsair Gaming and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corsair Gaming's current Interest Coverage is 8.16, which is 1118% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corsair Gaming stock overvalued right now?
Based on GuruFocus' analysis, Corsair Gaming (FRA:6C2) is currently considered Fairly Valued. The stock's GF Value™ is €8.33, compared to a current price of €7.57 — trading 9.2% below its estimated fair value. The current Interest Coverage is 8.16, which is 1118% above median its 10-year median of 0.67 and 40.6% below the Hardware industry median of 13.73. Corsair Gaming's overall GF Score™ is 71/100 with 3 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 Corsair Gaming (FRA:6C2), the current Interest Coverage is 8.16 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 Corsair Gaming (FRA:6C2) Overvalued in 2026?

Based on GuruFocus' analysis, Corsair Gaming stock appears to be undervalued. The current stock price of €7.57 is trading 9.2% below its estimated GF Value™ of €8.33. GuruFocus considers Corsair Gaming to be Fairly Valued.

Key valuation signals for FRA:6C2:

  • Interest Coverage: 8.16 (1118% above median its 10-year median of 0.67)
  • GF Value™: €8.33 vs. price of €7.57 (9.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 40.6% below the Hardware median (#1470 of 1672)

No single metric tells the full story. See the FRA:6C2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corsair Gaming Business Description

Address 115 N. McCarthy Boulevard, Milpitas, CA, USA, 95035
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and Systems. Geographically, the group derives revenue from the United States (U.S.), Americas (excluding U.S.) , Europe and the Middle East, and the Asia Pacific, of which maximum revenue is generated from United States (U.S.).
71GF Score

Get the complete analysis for FRA:6C2

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

€7.57
Price
€8.33
GF Value