MTN Zakhele Futhi (RF) (JSE:MTNZF) Interest Coverage: 4.36 (As of Jun. 2025) — 19% Above Median

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JSE:MTNZF MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
34 GF Score
Price R0.20
GF Value R17.15
! 3 Warning Signs
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What is MTN Zakhele Futhi (RF) Interest Coverage?

MTN Zakhele Futhi (RF) JSE:MTNZF 34 Interest Coverage is 4.36 as of Jun. 2025, which is 19% above its 10-year median of 3.65. GuruFocus rates JSE:MTNZF with a GF Score™ of 34/100 and a GF Value™ of R17.15. The stock has 3 warning signs investors should review.

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. MTN Zakhele Futhi (RF)'s Operating Income for the six months ended in Jun. 2025 was R246.4 Mil. MTN Zakhele Futhi (RF)'s Interest Expense for the six months ended in Jun. 2025 was R-56.5 Mil. MTN Zakhele Futhi (RF)'s interest coverage for the quarter that ended in Jun. 2025 was 4.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for MTN Zakhele Futhi (RF)'s Interest Coverage or its related term are showing as below:

JSE:MTNZF' s Interest Coverage Range Over the Past 10 Years
Min: 2.58   Med: 3.65   Max: 4.17
Current: 2.58


JSE:MTNZF's Interest Coverage is not ranked
in the Diversified Financial Services industry.
Industry Median: No Debt vs JSE:MTNZF: 2.58

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


MTN Zakhele Futhi (RF)  (JSE:MTNZF) 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 .


MTN Zakhele Futhi (RF) Interest Coverage Related Terms


MTN Zakhele Futhi (RF) Interest Coverage Historical Data

* Premium members only.

The historical data trend for MTN Zakhele Futhi (RF)'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.

MTN Zakhele Futhi (RF) Interest Coverage Chart

MTN Zakhele Futhi (RF) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 4.17 0.00 3.65 3.57 3.90

MTN Zakhele Futhi (RF) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 9.04 0.00 10.42 0.00 4.36

JSE:MTNZF vs XXI, APAD, CCCX: Interest Coverage Comparison

For the Shell Companies subindustry, MTN Zakhele Futhi (RF)'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.


MTN Zakhele Futhi (RF) Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MTN Zakhele Futhi (RF)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where MTN Zakhele Futhi (RF)'s Interest Coverage falls into.


JSE:MTNZF
34GF Score
MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTN Zakhele Futhi (RF) 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.

MTN Zakhele Futhi (RF)'s Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, MTN Zakhele Futhi (RF)'s Interest Expense was R-56.7 Mil. Its Operating Income was R221.1 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*221.137/-56.708
=3.90

MTN Zakhele Futhi (RF)'s Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Here, for the six months ended in Jun. 2025, MTN Zakhele Futhi (RF)'s Interest Expense was R-56.5 Mil. Its Operating Income was R246.4 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2025 )/Interest Expense (Q: Jun. 2025 )
=-1*246.422/-56.462
=4.36

* 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 4.36 mean?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a Interest Coverage of 4.36 as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MTN Zakhele Futhi (RF) and its competitors. This is 19% above median its historical median of 3.65. Over the past decade, MTN Zakhele Futhi (RF)'s Interest Coverage has ranged from 2.58 to 4.17.
Is MTN Zakhele Futhi (RF)'s Interest Coverage too high?
MTN Zakhele Futhi (RF)'s current Interest Coverage of 4.36 is 19% above median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 4.17. The Diversified Financial Services industry median Interest Coverage is 10,000.00. MTN Zakhele Futhi (RF)'s value of 4.36 is 100% below this industry median. Overall, MTN Zakhele Futhi (RF) has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does MTN Zakhele Futhi (RF)'s Interest Coverage compare to XXI and APAD?
MTN Zakhele Futhi (RF)'s Interest Coverage of 4.36 can be compared against companies in the Diversified Financial Services industry. The industry median Interest Coverage is 10,000.00. MTN Zakhele Futhi (RF)'s value of 4.36 is 100% below this benchmark. Historically, MTN Zakhele Futhi (RF)'s own Interest Coverage has ranged from 2.58 to 4.17 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 10,000.00, MTN Zakhele Futhi (RF) has consistently been below 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 Diversified Financial Services company?
The median Interest Coverage among Diversified Financial Services companies is 10,000.00, based on 389 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. MTN Zakhele Futhi (RF)'s current Interest Coverage of 4.36 is 100% below 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 MTN Zakhele Futhi (RF) and its competitors. For the Diversified Financial Services industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Zakhele Futhi (RF)'s current Interest Coverage is 4.36, which is 19% above median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Zakhele Futhi (RF) stock overvalued right now?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a current Interest Coverage of 4.36. The stock's GF Value™ is R17.15, compared to a current price of R0.20 — trading 98.8% below its estimated fair value. The current Interest Coverage is 4.36, which is 19% above median its 10-year median of 3.65 and 100% below the Diversified Financial Services industry median of 10,000.00. MTN Zakhele Futhi (RF)'s overall GF Score™ is 34/100 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 MTN Zakhele Futhi (RF) (JSE:MTNZF), the current Interest Coverage is 4.36 as of Jun. 2025. 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 MTN Zakhele Futhi (RF) (JSE:MTNZF) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Zakhele Futhi (RF) stock appears to be undervalued. The current stock price of R0.20 is trading 98.8% below its estimated GF Value™ of R17.15.

Key valuation signals for JSE:MTNZF:

  • Interest Coverage: 4.36 (19% above median its 10-year median of 3.65)
  • GF Value™: R17.15 vs. price of R0.20 (98.8% below fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 100% below the Diversified Financial Services median

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


MTN Zakhele Futhi (RF) Business Description

Address 135 Rivonia Road, Sandown, Johannesburg, GT, ZAF, 2196
MTN Zakhele Futhi (RF) Ltd is an investment company formed as a special purpose investment vehicle to facilitate the implementation of a Broad-Based Black Economic Empowerment. The company is engaged in acquiring and holding shares in MTN Group on behalf of the participating black public.
34GF Score

Get the complete analysis for JSE:MTNZF

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

R0.20
Price
R17.15
GF Value