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. Indie Semiconductor's
Operating Income
for the
three
months ended in Mar. 2026 was $-38.9 Mil. Indie Semiconductor's Interest Expense for the
three
months ended in Mar. 2026 was $-4.3 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 Indie Semiconductor's Interest Coverage or its related term are showing as below:
INDI's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.13 * Ranked among companies with meaningful Interest Coverage only.
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 .
Indie Semiconductor Interest Coverage Related Terms
Indie Semiconductor Interest Coverage Historical Data
* Premium members only.
The historical data trend for Indie Semiconductor'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.
INDI vs CEVA, LAES, AOSL: Interest Coverage Comparison
For the Semiconductors subindustry, Indie Semiconductor'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.
Indie Semiconductor Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Indie Semiconductor's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Indie Semiconductor'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:
Indie Semiconductor 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?
Indie Semiconductor (INDI) 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 Indie Semiconductor and its competitors. According to the industry distribution chart, Indie Semiconductor ranks #999999 out of 637 companies in the Semiconductors industry.
Is Indie Semiconductor's Interest Coverage too high?
Indie Semiconductor's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Indie Semiconductor ranks #999999 out of 637 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Indie Semiconductor has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indie Semiconductor's Interest Coverage compare to CEVA and LAES?
According to the Semiconductors industry distribution chart, Indie Semiconductor ranks #999999 out of 637 companies for Interest Coverage. This places Indie Semiconductor in the lower half of its industry. The industry median Interest Coverage is 20.13. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.13, based on 637 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 Indie Semiconductor and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indie Semiconductor'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 Indie Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Indie Semiconductor (INDI) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.26, compared to a current price of $3.57 — trading 16.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Indie Semiconductor's overall GF Score™ is 79/100 with 7 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 Indie Semiconductor (INDI), 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 Indie Semiconductor (INDI) Overvalued in 2026?
Based on GuruFocus' analysis, Indie Semiconductor stock appears to be undervalued.
The current stock price of $3.57 is trading 16.2% below its estimated GF Value™ of $4.26.
GuruFocus considers Indie Semiconductor to be Modestly Undervalued.
Key valuation signals for INDI:
Interest Coverage: 0 (At Loss)
GF Value™: $4.26 vs. price of $3.57 (16.2% below fair value)
No single metric tells the full story. See the INDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indie Semiconductor Inc caters to the autotech industry with semiconductors, photonics, and software platforms. The company's products include devices for a multitude of automotive applications spanning vision and radar processors, in-cabin wireless charging and USB power delivery, device interfacing through Apple CarPlay and Android Auto, and high-speed video and data connectivity. New products under evaluation or development include LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. Its Photonics division mainly offers low-noise lasers, standard, and custom light sources. Geographically, the company generates the majority of its revenue from Greater China and the rest from the United States, Europe, South Korea, and other regions.
79GF Score
Get the complete analysis for INDI
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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