Mercantile Ports and LogisticsLSE:MPL +55.17% Interest Coverage is 0 (At Loss) as of Jun. 2025. The stock has 5 warning signs investors should review. Among 845 Transportation companies, Mercantile Ports and Logistics ranks worse than 118343.08% 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. Mercantile Ports and Logistics's
Operating Income
for the
six
months ended in Jun. 2025 was £-2.47 Mil. Mercantile Ports and Logistics's Interest Expense for the
six
months ended in Jun. 2025 was £-3.38 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 Mercantile Ports and Logistics's Interest Coverage or its related term are showing as below:
LSE:MPL's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.66 * Ranked among companies with meaningful Interest Coverage only.
Mercantile Ports and Logistics (LSE:MPL) 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 .
Mercantile Ports and Logistics Interest Coverage Related Terms
Mercantile Ports and Logistics Interest Coverage Historical Data
* 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.
Mercantile Ports and Logistics Interest Coverage Chart
Mercantile Ports and Logistics Interest Coverage Competitor Comparison
For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.
Mercantile Ports and Logistics Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Mercantile Ports and Logistics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mercantile Ports and Logistics's Interest Coverage falls into.
Mercantile Ports and Logistics 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:
Mercantile Ports and Logistics 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?
Mercantile Ports and Logistics (LSE:MPL) has a Interest Coverage of 0 (At Loss) as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mercantile Ports and Logistics and its competitors. According to the industry distribution chart, Mercantile Ports and Logistics ranks #999999 out of 845 companies in the Transportation industry.
Is Mercantile Ports and Logistics' Interest Coverage too high?
Mercantile Ports and Logistics' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Mercantile Ports and Logistics ranks #999999 out of 845 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Mercantile Ports and Logistics' Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Mercantile Ports and Logistics ranks #999999 out of 845 companies for Interest Coverage. This places Mercantile Ports and Logistics in the lower half of its industry. The industry median Interest Coverage is 5.66. 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 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 Mercantile Ports and Logistics and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Ports and Logistics'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 Mercantile Ports and Logistics stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Ports and Logistics (LSE:MPL) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.02 — trading 125% above its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 Mercantile Ports and Logistics (LSE:MPL), the current Interest Coverage is 0 (At Loss) 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.
Mercantile Ports and Logistics Business Description
Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.
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