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. HIVE Digital Technologies's
Operating Income
for the
three
months ended in Mar. 2026 was $-51.8 Mil. HIVE Digital Technologies's Interest Expense for the
three
months ended in Mar. 2026 was $-0.4 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 HIVE Digital Technologies's Interest Coverage or its related term are showing as below:
HIVE's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.12 * Ranked among companies with meaningful Interest Coverage only.
HIVE Digital Technologies (NAS:HIVE) 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 .
HIVE Digital Technologies Interest Coverage Related Terms
HIVE Digital Technologies Interest Coverage Historical 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.
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.
HIVE vs MS, GS, SCHW: Interest Coverage Comparison
For the Capital Markets subindustry, HIVE Digital Technologies'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.
HIVE Digital Technologies Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HIVE Digital Technologies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where HIVE Digital Technologies's Interest Coverage falls into.
HIVE Digital Technologies 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:
HIVE Digital Technologies 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.
What does a Interest Coverage of 0 (At Loss) mean?
HIVE Digital Technologies (HIVE) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HIVE Digital Technologies and its competitors. According to the industry distribution chart, HIVE Digital Technologies ranks #999999 out of 427 companies in the Capital Markets industry.
Is HIVE Digital Technologies' Interest Coverage too high?
HIVE Digital Technologies' current Interest Coverage is 0 (At Loss). Based on the distribution chart, HIVE Digital Technologies ranks #999999 out of 427 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, HIVE Digital Technologies has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HIVE Digital Technologies' Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, HIVE Digital Technologies ranks #999999 out of 427 companies for Interest Coverage. This places HIVE Digital Technologies in the lower half of its industry. The industry median Interest Coverage is 19.12. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.12, based on 427 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 HIVE Digital Technologies and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIVE Digital Technologies'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 HIVE Digital Technologies stock overvalued right now?
Based on GuruFocus' analysis, HIVE Digital Technologies (HIVE) is currently considered Fairly Valued. The stock's GF Value™ is $3.72, compared to a current price of $3.70 — trading 0.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). HIVE Digital Technologies' overall GF Score™ is 64/100 with 1 warning sign 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 HIVE Digital Technologies (HIVE), the current Interest Coverage is 0 (At Loss) 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 HIVE Digital Technologies (HIVE) Overvalued in 2026?
Based on GuruFocus' analysis, HIVE Digital Technologies stock appears to be undervalued.
The current stock price of $3.70 is trading 0.7% below its estimated GF Value™ of $3.72.
GuruFocus considers HIVE Digital Technologies to be Fairly Valued.
Key valuation signals for HIVE:
Interest Coverage: 0 (At Loss)
GF Value™: $3.72 vs. price of $3.70 (0.7% below fair value)
No single metric tells the full story. See the HIVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIVE Digital Technologies Ltd is a sustainable-energy-focused digital infrastructure company that provides infrastructure solutions through the operation of Tier-1 and Tier-3 data centers. Its computing power is used for high-performance computing (HPC) and for generating hashrate sold to mining pools for cryptocurrency mining. The Company uses cash flow from its hashrate services business to support the expansion of its AI and HPC operations through its subsidiary. The Company focuses on Canada, Sweden, and Paraguay, where low-cost renewable power supports its operations and expansion. It operates in one segment with two revenue streams: the mining and sale of digital currencies and high-performance computing hosting. The majority of its revenue is generated from Bermuda.
64GF Score
Get the complete analysis for HIVE
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