Intercede GroupIRCDF 82 Interest Coverage is 35.70 as of Mar. 2026, which is 480% above its 10-year median of 6.16. GuruFocus rates IRCDF with a GF Score™ of 82/100 and a GF Value™ of $1.85. The stock has 2 warning signs investors should review. Among 1,707 Software companies, Intercede Group ranks better than 54.19% 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. Intercede Group's
Operating Income
for the
six
months ended in Mar. 2026 was $2.96 Mil. Intercede Group's Interest Expense for the
six
months ended in Mar. 2026 was $-0.08 Mil.
Intercede Group's interest coverage for the quarter that ended in Mar. 2026 was 35.70.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Intercede Group's Interest Coverage or its related term are showing as below:
IRCDF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.1 Med: 6.16 Max: 83.57
Current: 32.96
IRCDF's Interest Coverage is ranked better than 54.19% of 1707
companies
in the Software industry
Industry Median: 24.65
vs IRCDF: 32.96
Intercede Group (OTCPK:IRCDF) 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 .
Intercede Group Interest Coverage Related Terms
Intercede Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Intercede Group'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.
IRCDF vs CRM, SHOP, UBER: Interest Coverage Comparison
For the Software - Application subindustry, Intercede Group'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.
Intercede Group Interest Coverage vs Software Industry
For the Software industry and Technology sector, Intercede Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Intercede Group'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:
* 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.
Intercede Group (IRCDF) has a Interest Coverage of 35.70 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Intercede Group and its competitors. This is 480% above median its historical median of 6.16. Over the past decade, Intercede Group's Interest Coverage has ranged from 0.10 to 83.57. According to the industry distribution chart, Intercede Group ranks #782 out of 1707 companies in the Software industry, placing it in the top 45.8%.
Is Intercede Group's Interest Coverage too high?
Intercede Group's current Interest Coverage of 35.70 is 480% above median its 10-year median of 6.16. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 83.57. The Software industry median Interest Coverage is 24.65. Intercede Group's value of 35.70 is 44.8% above this industry median. Based on the distribution chart, Intercede Group ranks #782 out of 1707 companies in the Software industry, which is above the industry midpoint. Overall, Intercede Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, Intercede Group ranks #782 out of 1707 companies for Interest Coverage. This puts Intercede Group in the upper half of its industry. The industry median Interest Coverage is 24.65. Intercede Group's value of 35.70 is 44.8% above this benchmark. Historically, Intercede Group's own Interest Coverage has ranged from 0.10 to 83.57 over the past decade. While the company's 10-year median is 6.16 vs. the industry median of 24.65, Intercede Group has consistently been above the industry average. 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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. Intercede Group's current Interest Coverage of 35.70 is 44.8% above the industry median. 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 Intercede Group and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercede Group's current Interest Coverage is 35.70, which is 480% above median its own 10-year median of 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current Interest Coverage of 35.70. The stock's GF Value™ is $1.85, compared to a current price of $1.37 — trading 25.9% below its estimated fair value. The current Interest Coverage is 35.70, which is 480% above median its 10-year median of 6.16 and 44.8% above the Software industry median of 24.65. Intercede Group's overall GF Score™ is 82/100 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 Intercede Group (IRCDF), the current Interest Coverage is 35.70 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 Intercede Group (IRCDF) Overvalued in 2026?
Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued.
The current stock price of $1.37 is trading 25.9% below its estimated GF Value™ of $1.85.
Key valuation signals for IRCDF:
Interest Coverage: 35.70 (480% above median its 10-year median of 6.16)
GF Value™: $1.85 vs. price of $1.37 (25.9% below fair value)
Industry Position: 44.8% above the Software median (#782 of 1707)
No single metric tells the full story. See the IRCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
82GF Score
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