HY (Hyster Yale) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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HY Hyster Yale Inc HY
68 GF Score
Price $34.00
GF Value $41.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hyster Yale Interest Coverage?

Hyster Yale HY -3.22% 68 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates HY with a GF Score™ of 68/100 and a GF Value™ of $41.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Hyster Yale ranks worse than 591715.38% 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. Hyster Yale's Operating Income for the three months ended in Mar. 2026 was $-26 Mil. Hyster Yale's Interest Expense for the three months ended in Mar. 2026 was $-7 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 Hyster Yale's Interest Coverage or its related term are showing as below:


HY's Interest Coverage is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.63
* 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.


Hyster Yale  (NYSE:HY) 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 .


Hyster Yale Interest Coverage Related Terms


Hyster Yale Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hyster Yale'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.

Hyster Yale Interest Coverage Chart

Hyster Yale 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 5.60 7.91 0.52

Hyster Yale 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 2.79 0.91 0.41 0.00 0.00

HY vs WNC, TWI, MTW: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Hyster Yale'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.


Hyster Yale Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster Yale's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hyster Yale's Interest Coverage falls into.


HY
68GF Score
Hyster Yale Inc HY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hyster Yale 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.

Hyster Yale'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, Hyster Yale's Interest Expense was $-31 Mil. Its Operating Income was $16 Mil. And its Long-Term Debt & Capital Lease Obligation was $380 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*16.3/-31.2
=0.52

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

Here, for the three months ended in Mar. 2026, Hyster Yale's Interest Expense was $-7 Mil. Its Operating Income was $-26 Mil. And its Long-Term Debt & Capital Lease Obligation was $251 Mil.

Hyster Yale 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?
Hyster Yale (HY) 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 Hyster Yale and its competitors. According to the industry distribution chart, Hyster Yale ranks #999999 out of 169 companies in the Farm & Heavy Construction Machinery industry.
Is Hyster Yale's Interest Coverage too high?
Hyster Yale's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Hyster Yale ranks #999999 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Hyster Yale has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hyster Yale's Interest Coverage compare to WNC and TWI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hyster Yale ranks #999999 out of 169 companies for Interest Coverage. This places Hyster Yale in the lower half of its industry. The industry median Interest Coverage is 9.63. 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.63, based on 169 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 Hyster Yale and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyster Yale'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 Hyster Yale stock overvalued right now?
Based on GuruFocus' analysis, Hyster Yale (HY) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.69, compared to a current price of $34.00 — trading 18.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Hyster Yale's overall GF Score™ is 68/100 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 Hyster Yale (HY), 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 Hyster Yale (HY) Overvalued in 2026?

Based on GuruFocus' analysis, Hyster Yale stock appears to be undervalued. The current stock price of $34.00 is trading 18.4% below its estimated GF Value™ of $41.69. GuruFocus considers Hyster Yale to be Modestly Undervalued.

Key valuation signals for HY:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $41.69 vs. price of $34.00 (18.4% below fair value)
  • GF Score™: 68/100 with 3 warning signs

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


Hyster Yale Business Description

Other Exchanges HYEA:Germany
Address 5875 Landerbrook Drive, Suite 300, Cleveland, OH, USA, 44124-4069
Hyster Yale Inc designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, aftermarket parts, and technology solutions marketed globally under the Hyster and Yale brand names. The company has four segments, which include three in the lift truck business as discussed below, as well as Bolzoni S.p.A. (Bolzoni). The majority of its revenue is generated from Lift Trucks. Geographically, it operates in America, EMEA, and JAPIC regions, of which maximum revenue is generated from its business in America, which includes lift truck operations in the U.S., Canada, Mexico, Brazil, and Latin America.
68GF Score

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

$34.00
Price
$41.69
GF Value