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. MIND Technology's
Operating Income
for the
three
months ended in Apr. 2026 was €0.01 Mil. MIND Technology's Interest Expense for the
three
months ended in Apr. 2026 was €0.00 Mil.
GuruFocus does not calculate 's interest coverage with the available data.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. MIND Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for MIND Technology's Interest Coverage or its related term are showing as below:
FRA:MI70's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.645 * Ranked among companies with meaningful Interest Coverage only.
MIND Technology (FRA:MI70) 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 .
MIND Technology Interest Coverage Related Terms
MIND Technology Interest Coverage Historical Data
* Premium members only.
The historical data trend for MIND Technology'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.
FRA:MI70 vs LGL, ACFN, TRCK: Interest Coverage Comparison
For the Scientific & Technical Instruments subindustry, MIND Technology'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.
MIND Technology Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, MIND Technology's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MIND Technology's Interest Coverage falls into.
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:
GuruFocus does not calculate MIND Technology'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.
Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued.
The current stock price of €4.46 is trading 281.2% above its estimated GF Value™ of €1.17.
GuruFocus considers MIND Technology to be Significantly Overvalued.
Key valuation signals for FRA:MI70:
Interest Coverage: N/A
GF Value™: €1.17 vs. price of €4.46 (281.2% above fair value)
No single metric tells the full story. See the FRA:MI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
49GF Score
Get the complete analysis for FRA:MI70
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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