GitLabMEX:GTLB 54 Interest Coverage is No Debt (1) as of Apr. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,424.24 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,707 Software companies, GitLab ranks better than 98.89% 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. GitLab's
Operating Income
for the
three
months ended in Apr. 2026 was MXN-276 Mil. GitLab's Interest Expense for the
three
months ended in Apr. 2026 was MXN0 Mil.
GitLab has no debt.
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. GitLab Inc has enough cash to cover all of its debt. Its financial situation is stable.
(1) 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.
The historical rank and industry rank for GitLab's Interest Coverage or its related term are showing as below:
MEX:GTLB'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
MEX:GTLB's Interest Coverage is ranked better than 98.89% of 1707
companies
in the Software industry
Industry Median: 24.65
vs MEX:GTLB: No Debt
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 .
GitLab Interest Coverage Related Terms
GitLab Interest Coverage Historical Data
* Premium members only.
The historical data trend for GitLab'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.
MEX:GTLB vs BLSH, WEX, NTSK: Interest Coverage Comparison
For the Software - Infrastructure subindustry, GitLab'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.
GitLab Interest Coverage vs Software Industry
For the Software industry and Technology sector, GitLab's Interest Coverage distribution charts can be found below:
* The bar in red indicates where GitLab'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:
* 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 No Debt <sup>(1)</sup> mean?
GitLab (MEX:GTLB) has a Interest Coverage of No Debt (1) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GitLab and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, GitLab's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, GitLab ranks #19 out of 1707 companies in the Software industry, placing it in the top 1.1%.
Is GitLab's Interest Coverage too high?
GitLab's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, GitLab ranks #19 out of 1707 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, GitLab has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Interest Coverage compare to BLSH and WEX?
According to the Software industry distribution chart, GitLab ranks #19 out of 1707 companies for Interest Coverage. This places GitLab in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.65. Historically, GitLab's own Interest Coverage has ranged from 10,000.00 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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 GitLab and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GitLab's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GitLab stock overvalued right now?
Based on GuruFocus' analysis, GitLab (MEX:GTLB) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,424.24, compared to a current price of MXN541.00 — trading 62% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. GitLab's overall GF Score™ is 54/100 with 1 warning sign 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 GitLab (MEX:GTLB), the current Interest Coverage is No Debt (1) as of Apr. 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 GitLab (MEX:GTLB) Overvalued in 2026?
Based on GuruFocus' analysis, GitLab stock appears to be undervalued.
The current stock price of MXN541.00 is trading 62% below its estimated GF Value™ of MXN1,424.24.
GuruFocus considers GitLab to be Significantly Undervalued.
Key valuation signals for MEX:GTLB:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: MXN1,424.24 vs. price of MXN541.00 (62% below fair value)
No single metric tells the full story. See the MEX:GTLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
54GF Score
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