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. Metalpha Technology Holding's
Operating Income
for the
six
months ended in Sep. 2025 was $-2.91 Mil. Metalpha Technology Holding's Interest Expense for the
six
months ended in Sep. 2025 was $-0.01 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Metalpha Technology Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Metalpha Technology Holding's Interest Coverage or its related term are showing as below:
MATH'
s Interest Coverage Range Over the Past 10 Years
Min: 10.95 Med: 333 Max: No Debt
Current: 613.67
MATH's Interest Coverage is ranked better than 72.98% of 433
companies
in the Capital Markets industry
Industry Median: 20.17
vs MATH: 613.67
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 .
Metalpha Technology Holding Interest Coverage Related Terms
Metalpha Technology Holding 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.
MATH vs HGBL, GSIW, PLUT: Interest Coverage Comparison
For the Capital Markets subindustry, Metalpha Technology Holding'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.
Metalpha Technology Holding Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Metalpha Technology Holding'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:
Metalpha Technology Holding 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?
Metalpha Technology Holding (MATH) has a Interest Coverage of 0 (At Loss) as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Metalpha Technology Holding and its competitors. Over the past decade, Metalpha Technology Holding's Interest Coverage has ranged from 10.95 to 10,000.00. According to the industry distribution chart, Metalpha Technology Holding ranks #117 out of 433 companies in the Capital Markets industry, placing it in the top 27%.
Is Metalpha Technology Holding's Interest Coverage too high?
Metalpha Technology Holding's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 10.95 to a high of 10,000.00. Based on the distribution chart, Metalpha Technology Holding ranks #117 out of 433 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Metalpha Technology Holding has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Metalpha Technology Holding's Interest Coverage compare to HGBL and GSIW?
According to the Capital Markets industry distribution chart, Metalpha Technology Holding ranks #117 out of 433 companies for Interest Coverage. This puts Metalpha Technology Holding in the upper half of its industry. The industry median Interest Coverage is 20.17. Historically, Metalpha Technology Holding's own Interest Coverage has ranged from 10.95 to 10,000.00 over the past decade. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 20.17, based on 433 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 Metalpha Technology Holding and its competitors. For the Capital Markets industry, the median Interest Coverage is 20.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalpha Technology Holding'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 Metalpha Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Metalpha Technology Holding (MATH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.30, compared to a current price of $0.99 — trading 56.9% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Metalpha Technology Holding's overall GF Score™ is 42/100 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 Metalpha Technology Holding (MATH), the current Interest Coverage is 0 (At Loss) 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.
Is Metalpha Technology Holding (MATH) Overvalued in 2026?
Based on GuruFocus' analysis, Metalpha Technology Holding stock appears to be undervalued.
The current stock price of $0.99 is trading 56.9% below its estimated GF Value™ of $2.30.
GuruFocus considers Metalpha Technology Holding to be Possible Value Trap.
Key valuation signals for MATH:
Interest Coverage: 0 (At Loss)
GF Value™: $2.30 vs. price of $0.99 (56.9% below fair value)
No single metric tells the full story. See the MATH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and generates majority of its revenue from Hong Kong.
42GF Score
Get the complete analysis for MATH
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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