TD Synnex (MEX:SNX1) Interest Coverage: 5.31 (As of May. 2026) — 13% Below Median

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MEX:SNX1 TD Synnex Corp MEX:SNX1
85 GF Score
Price MXN2,727.15
GF Value MXN1,813.76
! 6 Warning Signs
View Full Analysis

What is TD Synnex Interest Coverage?

TD Synnex MEX:SNX1 85 Interest Coverage is 5.31 as of May. 2026, which is 13% below its 10-year median of 6.11. GuruFocus rates MEX:SNX1 with a GF Score™ of 85/100 and a GF Value™ of MXN1,813.76. The stock has 6 warning signs investors should review. Among 1,678 Hardware companies, TD Synnex ranks worse than 74.26% 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. TD Synnex's Operating Income for the three months ended in May. 2026 was MXN9,011 Mil. TD Synnex's Interest Expense for the three months ended in May. 2026 was MXN-1,698 Mil. TD Synnex's interest coverage for the quarter that ended in May. 2026 was 5.31. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for TD Synnex's Interest Coverage or its related term are showing as below:

MEX:SNX1' s Interest Coverage Range Over the Past 10 Years
Min: 3.96   Med: 6.11   Max: 13.09
Current: 4.95


MEX:SNX1's Interest Coverage is ranked worse than
74.26% of 1678 companies
in the Hardware industry
Industry Median: 13.645 vs MEX:SNX1: 4.95

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


TD Synnex  (MEX:SNX1) 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 .


TD Synnex Interest Coverage Related Terms


TD Synnex Interest Coverage Historical Data

* Premium members only.

The historical data trend for TD Synnex'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.

TD Synnex Interest Coverage Chart

TD Synnex Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 5.72 4.45 3.96 3.99

TD Synnex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 Premium Member Only 3.65 4.23 4.59 5.66 5.31

MEX:SNX1 vs ARW, AVT, NSIT: Interest Coverage Comparison

For the Electronics & Computer Distribution subindustry, TD Synnex'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.


TD Synnex Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, TD Synnex's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TD Synnex's Interest Coverage falls into.


MEX:SNX1
85GF Score
TD Synnex Corp MEX:SNX1
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TD Synnex 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.

TD Synnex's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, TD Synnex's Interest Expense was MXN-6,533 Mil. Its Operating Income was MXN26,053 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN65,809 Mil.

Interest Coverage=-1* Operating Income (A: Nov. 2025 )/Interest Expense (A: Nov. 2025 )
=-1*26053.165/-6533.137
=3.99

TD Synnex's Interest Coverage for the quarter that ended in May. 2026 is calculated as

Here, for the three months ended in May. 2026, TD Synnex's Interest Expense was MXN-1,698 Mil. Its Operating Income was MXN9,011 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN62,358 Mil.

Interest Coverage=-1* Operating Income (Q: May. 2026 )/Interest Expense (Q: May. 2026 )
=-1*9010.827/-1697.522
=5.31

* 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 5.31 mean?
TD Synnex (MEX:SNX1) has a Interest Coverage of 5.31 as of May. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TD Synnex and its competitors. This is 13% below median its historical median of 6.11. Over the past decade, TD Synnex's Interest Coverage has ranged from 3.96 to 13.09. According to the industry distribution chart, TD Synnex ranks #1246 out of 1678 companies in the Hardware industry, placing it in the top 74.3%.
Is TD Synnex's Interest Coverage too high?
TD Synnex's current Interest Coverage of 5.31 is 13% below median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 13.09. The Hardware industry median Interest Coverage is 13.65. TD Synnex's value of 5.31 is 61.1% below this industry median. Based on the distribution chart, TD Synnex ranks #1246 out of 1678 companies in the Hardware industry, which is below the industry midpoint. Overall, TD Synnex has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does TD Synnex's Interest Coverage compare to ARW and AVT?
According to the Hardware industry distribution chart, TD Synnex ranks #1246 out of 1678 companies for Interest Coverage. This places TD Synnex in the lower half of its industry. The industry median Interest Coverage is 13.65. TD Synnex's value of 5.31 is 61.1% below this benchmark. Historically, TD Synnex's own Interest Coverage has ranged from 3.96 to 13.09 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 13.65, TD Synnex has consistently been below the industry average. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.65, based on 1,678 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. TD Synnex's current Interest Coverage of 5.31 is 61.1% below the industry median. 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 TD Synnex and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TD Synnex's current Interest Coverage is 5.31, which is 13% below median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TD Synnex stock overvalued right now?
TD Synnex (MEX:SNX1) has a current Interest Coverage of 5.31. The stock's GF Value™ is MXN1,813.76, compared to a current price of MXN2,727.15 — trading 50.4% above its estimated fair value. The current Interest Coverage is 5.31, which is 13% below median its 10-year median of 6.11 and 61.1% below the Hardware industry median of 13.65. TD Synnex's overall GF Score™ is 85/100 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 TD Synnex (MEX:SNX1), the current Interest Coverage is 5.31 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 TD Synnex (MEX:SNX1) Overvalued in 2026?

Based on GuruFocus' analysis, TD Synnex stock appears to be overvalued. The current stock price of MXN2,727.15 is trading 50.4% above its estimated GF Value™ of MXN1,813.76.

Key valuation signals for MEX:SNX1:

  • Interest Coverage: 5.31 (13% below median its 10-year median of 6.11)
  • GF Value™: MXN1,813.76 vs. price of MXN2,727.15 (50.4% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 61.1% below the Hardware median (#1246 of 1678)

No single metric tells the full story. See the MEX:SNX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TD Synnex Business Description

Other Exchanges SNX:USASUX:Germany
Address 44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
85GF Score

Get the complete analysis for MEX:SNX1

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

MXN2,727.15
Price
MXN1,813.76
GF Value