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Modern Plant Based FoodsMDRND 16 Interest Coverage is 0 (At Loss) as of May. 2026. GuruFocus rates MDRND with a GF Score™ of 16/100 and a GF Value™ of $0.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,512 Consumer Packaged Goods companies, Modern Plant Based Foods ranks worse than 66137.5% 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. Modern Plant Based Foods's
Operating Income
for the
three
months ended in May. 2026 was $-0.08 Mil. Modern Plant Based Foods's Interest Expense for the
three
months ended in May. 2026 was $-0.04 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 Modern Plant Based Foods's Interest Coverage or its related term are showing as below:
MDRND's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6 * Ranked among companies with meaningful Interest Coverage only.
Modern Plant Based Foods (OTCPK:MDRND) 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 .
Modern Plant Based Foods Interest Coverage Related Terms
Modern Plant Based Foods 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.
MDRND vs KHC, GIS, HRL: Interest Coverage Comparison
For the Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods's Interest Coverage falls into.
Modern Plant Based Foods 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:
Modern Plant Based Foods 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?
Modern Plant Based Foods (MDRND) has a Interest Coverage of 0 (At Loss) as of May. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modern Plant Based Foods and its competitors. According to the industry distribution chart, Modern Plant Based Foods ranks #999999 out of 1512 companies in the Consumer Packaged Goods industry.
Is Modern Plant Based Foods' Interest Coverage too high?
Modern Plant Based Foods' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Modern Plant Based Foods ranks #999999 out of 1512 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Modern Plant Based Foods has a GF Score™ of 16/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modern Plant Based Foods' Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #999999 out of 1512 companies for Interest Coverage. This places Modern Plant Based Foods in the lower half of its industry. The industry median Interest Coverage is 8.60. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,512 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 Modern Plant Based Foods and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Plant Based Foods'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 Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRND) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $0.14 — trading 71.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Modern Plant Based Foods' overall GF Score™ is 16/100 with 6 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 Modern Plant Based Foods (MDRND), the current Interest Coverage is 0 (At Loss) as of May. 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 Modern Plant Based Foods (MDRND) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Plant Based Foods stock appears to be undervalued.
The current stock price of $0.14 is trading 71.2% below its estimated GF Value™ of $0.50.
GuruFocus considers Modern Plant Based Foods to be Modestly Overvalued.
Key valuation signals for MDRND:
Interest Coverage: 0 (At Loss)
GF Value™: $0.50 vs. price of $0.14 (71.2% below fair value)
No single metric tells the full story. See the MDRND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
16GF Score
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