MHA (LSE:MHA) Interest Coverage: 25.94 (As of Sep. 2025) — 48% Below Median


LSE:MHA MHA PLC LSE:MHA
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What is MHA Interest Coverage?

MHA LSE:MHA -1.11% 29 Interest Coverage is 25.94 as of Sep. 2025, which is 48% below its 10-year median of 50.23. GuruFocus rates LSE:MHA with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 812 Business Services companies, MHA ranks better than 70.07% 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. MHA's Operating Income for the six months ended in Sep. 2025 was £18.8 Mil. MHA's Interest Expense for the six months ended in Sep. 2025 was £-0.7 Mil. MHA's interest coverage for the quarter that ended in Sep. 2025 was 25.94. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for MHA's Interest Coverage or its related term are showing as below:

LSE:MHA' s Interest Coverage Range Over the Past 10 Years
Min: 29.11   Med: 50.23   Max: 61.38
Current: 44.41


LSE:MHA's Interest Coverage is ranked better than
70.07% of 812 companies
in the Business Services industry
Industry Median: 12.98 vs LSE:MHA: 44.41

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


MHA  (LSE:MHA) 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 .


MHA Interest Coverage Related Terms


MHA Interest Coverage Historical Data

* Premium members only.

The historical data trend for MHA'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.

MHA Interest Coverage Chart

MHA Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Interest Coverage
29.11 40.11 60.34 61.38

MHA Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Interest Coverage Get a 7-Day Free Trial 34.77 94.83 57.24 65.84 25.94

LSE:MHA vs CTAS, CPRT, GPN: Interest Coverage Comparison

For the Specialty Business Services subindustry, MHA'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.


MHA Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, MHA's Interest Coverage distribution charts can be found below:

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


LSE:MHA
29GF Score
MHA PLC LSE:MHA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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MHA 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.

MHA's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, MHA's Interest Expense was £-1.3 Mil. Its Operating Income was £79.4 Mil. And its Long-Term Debt & Capital Lease Obligation was £17.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*79.426/-1.294
=61.38

MHA's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, MHA's Interest Expense was £-0.7 Mil. Its Operating Income was £18.8 Mil. And its Long-Term Debt & Capital Lease Obligation was £17.5 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*18.755/-0.723
=25.94

* 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 25.94 mean?
MHA (LSE:MHA) has a Interest Coverage of 25.94 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MHA and its competitors. This is 48% below median its historical median of 50.23. Over the past decade, MHA's Interest Coverage has ranged from 29.11 to 61.38. According to the industry distribution chart, MHA ranks #243 out of 812 companies in the Business Services industry, placing it in the top 29.9%.
Is MHA's Interest Coverage too high?
MHA's current Interest Coverage of 25.94 is 48% below median its 10-year median of 50.23. Over the past 10 years, this metric has ranged from a low of 29.11 to a high of 61.38. The Business Services industry median Interest Coverage is 12.98. MHA's value of 25.94 is 99.8% above this industry median. Based on the distribution chart, MHA ranks #243 out of 812 companies in the Business Services industry, which is above the industry midpoint. Overall, MHA has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does MHA's Interest Coverage compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MHA ranks #243 out of 812 companies for Interest Coverage. This puts MHA in the upper half of its industry. The industry median Interest Coverage is 12.98. MHA's value of 25.94 is 99.8% above this benchmark. Historically, MHA's own Interest Coverage has ranged from 29.11 to 61.38 over the past decade. While the company's 10-year median is 50.23 vs. the industry median of 12.98, MHA 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 Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 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. MHA's current Interest Coverage of 25.94 is 99.8% 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 MHA and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MHA's current Interest Coverage is 25.94, which is 48% below median its own 10-year median of 50.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MHA stock overvalued right now?
MHA (LSE:MHA) has a current Interest Coverage of 25.94. The current Interest Coverage is 25.94, which is 48% below median its 10-year median of 50.23 and 99.8% above the Business Services industry median of 12.98. MHA's overall GF Score™ is 29/100 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 MHA (LSE:MHA), the current Interest Coverage is 25.94 as of Sep. 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.

MHA Business Description

Address 150 Midsummer Boulevard, The Pinnacle, Buckinghamshire, Milton Keynes, GBR, MK9 1LZ
MHA PLC is an accountancy firm in the UK. The company acts as a professional services provider of audit and assurance, tax, accountancy, and advisory services, based in the UK with an international presence. The company is referred to as a trusted advisor to its clients, offering skills and services across multiple disciplines and sectors. The company operates in one operating segment, which is the provision of professional services.
29GF Score

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