ITM Power (FRA:IJ8) Interest Coverage: 0 (At Loss) (As of Oct. 2025)


FRA:IJ8 ITM Power PLC FRA:IJ8
77 GF Score
Price €1.45
GF Value €2.15
Valuation Possible Value Trap
! 2 Warning Signs
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What is ITM Power Interest Coverage?

ITM Power FRA:IJ8 -4.35% 77 Interest Coverage is 0 (At Loss) as of Oct. 2025. GuruFocus rates FRA:IJ8 with a GF Score™ of 77/100 and a GF Value™ of €2.15 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,325 Industrial Products companies, ITM Power ranks worse than 43010.71% 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. ITM Power's Operating Income for the six months ended in Oct. 2025 was €-20.00 Mil. ITM Power's Interest Expense for the six months ended in Oct. 2025 was €-0.82 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


FRA:IJ8's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.87
* 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.


ITM Power  (FRA:IJ8) 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 .


ITM Power Interest Coverage Related Terms


ITM Power Interest Coverage Historical Data

* Premium members only.

The historical data trend for ITM Power'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.

ITM Power Interest Coverage Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 0.00

FRA:IJ8 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, ITM Power'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.


ITM Power Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITM Power's Interest Coverage distribution charts can be found below:

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


FRA:IJ8
77GF Score
ITM Power PLC FRA:IJ8
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITM Power 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.

ITM Power's Interest Coverage for the fiscal year that ended in Apr. 2025 is calculated as

Here, for the fiscal year that ended in Apr. 2025, ITM Power's Interest Expense was €-1.15 Mil. Its Operating Income was €-48.49 Mil. And its Long-Term Debt & Capital Lease Obligation was €13.44 Mil.

ITM Power did not have earnings to cover the interest expense.

ITM Power's Interest Coverage for the quarter that ended in Oct. 2025 is calculated as

Here, for the six months ended in Oct. 2025, ITM Power's Interest Expense was €-0.82 Mil. Its Operating Income was €-20.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €15.38 Mil.

ITM Power did not have earnings to cover the 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.

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?
ITM Power (FRA:IJ8) has a Interest Coverage of 0 (At Loss) as of Oct. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ITM Power and its competitors. According to the industry distribution chart, ITM Power ranks #999999 out of 2325 companies in the Industrial Products industry.
Is ITM Power's Interest Coverage too high?
ITM Power's current Interest Coverage is 0 (At Loss). Based on the distribution chart, ITM Power ranks #999999 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ITM Power has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #999999 out of 2325 companies for Interest Coverage. This places ITM Power in the lower half of its industry. The industry median Interest Coverage is 14.87. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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 ITM Power and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power'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 ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (FRA:IJ8) is currently considered Possible Value Trap. The stock's GF Value™ is €2.15, compared to a current price of €1.45 — trading 32.6% below its estimated fair value. The current Interest Coverage is 0 (At Loss). ITM Power's overall GF Score™ is 77/100 with 2 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 ITM Power (FRA:IJ8), the current Interest Coverage is 0 (At Loss) as of Oct. 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.

Is ITM Power (FRA:IJ8) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of €1.45 is trading 32.6% below its estimated GF Value™ of €2.15. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for FRA:IJ8:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: €2.15 vs. price of €1.45 (32.6% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the FRA:IJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITM Power Business Description

Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
77GF Score

Get the complete analysis for FRA:IJ8

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

€1.45
Price
€2.15
GF Value