Tekmar Group (LSE:TGP) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


LSE:TGP Tekmar Group PLC LSE:TGP
50 GF Score
Price £0.15
GF Value £0.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tekmar Group Interest Coverage?

Tekmar Group LSE:TGP 50 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates LSE:TGP with a GF Score™ of 50/100 and a GF Value™ of £0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,351 Construction companies, Tekmar Group ranks worse than 74019.17% 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. Tekmar Group's Operating Income for the six months ended in Mar. 2026 was £-0.88 Mil. Tekmar Group's Interest Expense for the six months ended in Mar. 2026 was £-0.27 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 Tekmar Group's Interest Coverage or its related term are showing as below:


LSE:TGP's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.81
* Ranked among companies with meaningful Interest Coverage only.

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


Tekmar Group  (LSE:TGP) 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 .


Tekmar Group Interest Coverage Related Terms


Tekmar Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tekmar 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.

Tekmar Group Interest Coverage Chart

Tekmar Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.03 0.00 0.00 0.00 0.00

Tekmar Group Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only 0.00 0.00 0.00 0.00 0.00

LSE:TGP vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Tekmar 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.


Tekmar Group Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Tekmar Group's Interest Coverage distribution charts can be found below:

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


LSE:TGP
50GF Score
Tekmar Group PLC LSE:TGP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekmar Group 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.

Tekmar Group's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Tekmar Group's Interest Expense was £-0.68 Mil. Its Operating Income was £-3.52 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.59 Mil.

Tekmar Group did not have earnings to cover the interest expense.

Tekmar Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Tekmar Group's Interest Expense was £-0.27 Mil. Its Operating Income was £-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation was £1.66 Mil.

Tekmar Group 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.

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 0 (At Loss) mean?
Tekmar Group (LSE:TGP) 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 Tekmar Group and its competitors. According to the industry distribution chart, Tekmar Group ranks #999999 out of 1351 companies in the Construction industry.
Is Tekmar Group's Interest Coverage too high?
Tekmar Group's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Tekmar Group ranks #999999 out of 1351 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tekmar Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekmar Group's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Tekmar Group ranks #999999 out of 1351 companies for Interest Coverage. This places Tekmar Group in the lower half of its industry. The industry median Interest Coverage is 7.81. 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,351 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 Tekmar Group and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tekmar Group'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 Tekmar Group stock overvalued right now?
Based on GuruFocus' analysis, Tekmar Group (LSE:TGP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.07, compared to a current price of £0.15 — trading 107.1% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Tekmar Group's overall GF Score™ is 50/100 with 5 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 Tekmar Group (LSE:TGP), 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 Tekmar Group (LSE:TGP) Overvalued in 2026?

Based on GuruFocus' analysis, Tekmar Group stock appears to be overvalued. The current stock price of £0.15 is trading 107.1% above its estimated GF Value™ of £0.07. GuruFocus considers Tekmar Group to be Significantly Overvalued.

Key valuation signals for LSE:TGP:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: £0.07 vs. price of £0.15 (107.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Tekmar Group Business Description

Other Exchanges 6UA:Germany
Address Grindon Way, Aycliffe Business Park, Newton Aycliffe, County Durham, GBR, DL5 6SH
Tekmar Group PLC is engaged in the designing, manufacturing, and supply of subsea cables, umbilical, and flexible protection systems. Its sector includes Offshore Wind, Oil & Gas, Interconnectors, Wave & Tidal, Marine Civils, and Engineering consultancy services. Geographically it has a presence in the UK, Europe, the USA and Canada, the Middle East, and the Rest of the World, and the majority of the revenue comes from Europe.
50GF Score

Get the complete analysis for LSE:TGP

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

£0.15
Price
£0.07
GF Value