Ethernity Networks (FRA:82N) Interest Coverage: No Debt (1) (As of Dec. 2025) — 71% Below Median


What is Ethernity Networks Interest Coverage?

Ethernity Networks FRA:82N Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 3.45. The stock has 2 warning signs investors should review. Among 1,704 Software companies, Ethernity Networks ranks better than 98.94% 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. Ethernity Networks's Operating Income for the six months ended in Dec. 2025 was €0.00 Mil. Ethernity Networks's Interest Expense for the six months ended in Dec. 2025 was €0.00 Mil. Ethernity Networks has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Ethernity Networks's Interest Coverage or its related term are showing as below:

FRA:82N' s Interest Coverage Range Over the Past 10 Years
Min: 2.2   Med: 3.45   Max: No Debt
Current: No Debt

FRA:82N's Interest Coverage is ranked better than
98.94% of 1704 companies
in the Software industry
Industry Median: 24.695 vs FRA:82N: 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.

Ethernity Networks  (FRA:82N) 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 .

Ethernity Networks Interest Coverage Related Terms

Ethernity Networks Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ethernity Networks'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.

Ethernity Networks Interest Coverage Chart

Ethernity Networks 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 0.00 0.00 0.00 0.00 0.00

Ethernity Networks Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24 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 Premium Member Only 0.00 0.00 0.00 N/A No Debt

FRA:82N vs CRM, SHOP, UBER: Interest Coverage Comparison

For the Software - Application subindustry, Ethernity Networks'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.

Ethernity Networks Interest Coverage vs Software Industry

For the Software industry and Technology sector, Ethernity Networks's Interest Coverage distribution charts can be found below:

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


Ethernity Networks 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.

Ethernity Networks'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, Ethernity Networks's Interest Expense was €-0.25 Mil. Its Operating Income was €-3.33 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Ethernity Networks did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2025, Ethernity Networks's Interest Expense was €0.00 Mil. Its Operating Income was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Ethernity Networks had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Ethernity Networks (FRA:82N) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ethernity Networks and its competitors. This is 71% below median its historical median of 3.45. Over the past decade, Ethernity Networks' Interest Coverage has ranged from 2.20 to 10,000.00. According to the industry distribution chart, Ethernity Networks ranks #18 out of 1704 companies in the Software industry, placing it in the top 1.1%.
Is Ethernity Networks' Interest Coverage too high?
Ethernity Networks' current Interest Coverage of No Debt (1) is 71% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 10,000.00. Based on the distribution chart, Ethernity Networks ranks #18 out of 1704 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Ethernity Networks' Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, Ethernity Networks ranks #18 out of 1704 companies for Interest Coverage. This places Ethernity Networks in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.70. Historically, Ethernity Networks' own Interest Coverage has ranged from 2.20 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 Software company?
The median Interest Coverage among Software companies is 24.70, based on 1,704 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 Ethernity Networks and its competitors. For the Software industry, the median Interest Coverage is 24.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ethernity Networks's current Interest Coverage is No Debt (1), which is 71% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ethernity Networks stock overvalued right now?
Ethernity Networks (FRA:82N) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 71% below median its 10-year median of 3.45. 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 Ethernity Networks (FRA:82N), the current Interest Coverage is No Debt (1) 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.

Ethernity Networks Business Description

Other Exchanges ENET:UK
Address 1 Golan Street, Corner HaNegev, Beit Golan, 3rd Floor, Airport City, ISR, 7019900
Ethernity Networks Ltd technology solutions provider that develops and delivers data processing technology and solutions used in high-end Carrier Ethernet applications across the telecom, mobile, security, and data center markets. The company's only operating segment is the development and delivery of high-end network processing technology. Geographically, it derives a majority of its revenue from the United States and also has a presence in Asia, Europe, Israel, and the United States. Its product categories include ENET Network Appliances, PON Devices ACE-NIC SmartNICs, ENET Flow Processors, and FPGA Boards.