MGNC (Mag Magna) Interest Coverage: No Debt (1) (As of Jan. 2026) — 100% Below Median

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MGNC Mag Magna Corp MGNC
12 GF Score
Price $0.46
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What is Mag Magna Interest Coverage?

Mag Magna MGNC 12 Interest Coverage is No Debt (1) as of Jan. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MGNC with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 1,512 Consumer Packaged Goods companies, Mag Magna ranks better than 99.67% 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. Mag Magna's Operating Income for the three months ended in Jan. 2026 was $-0.13 Mil. Mag Magna's Interest Expense for the three months ended in Jan. 2026 was $0.00 Mil. Mag Magna has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Mag Magna's Interest Coverage or its related term are showing as below:

MGNC' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


MGNC's Interest Coverage is ranked better than
99.67% of 1512 companies
in the Consumer Packaged Goods industry
Industry Median: 8.6 vs MGNC: No Debt

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


Mag Magna  (OTCPK:MGNC) 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 .


Mag Magna Interest Coverage Related Terms


Mag Magna Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mag Magna'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.

Mag Magna Interest Coverage Chart

Mag Magna Annual Data
Trend Apr23 Apr24 Apr25
Interest Coverage
No Debt No Debt No Debt

Mag Magna Quarterly Data
Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 No Debt No Debt No Debt No Debt No Debt

MGNC vs AGRZ, AQB, EDBL: Interest Coverage Comparison

For the Farm Products subindustry, Mag Magna'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.


Mag Magna Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mag Magna's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mag Magna's Interest Coverage falls into.


MGNC
12GF Score
Mag Magna Corp MGNC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mag Magna 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.

Mag Magna's Interest Coverage for the fiscal year that ended in Apr. 2025 is calculated as

Here, for the fiscal year that ended in Apr. 2025, Mag Magna's Interest Expense was $0.00 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mag Magna had no debt (1).

Mag Magna's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the three months ended in Jan. 2026, Mag Magna's Interest Expense was $0.00 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mag Magna had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Mag Magna (MGNC) has a Interest Coverage of No Debt (1) as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mag Magna and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Mag Magna's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Mag Magna ranks #5 out of 1512 companies in the Consumer Packaged Goods industry, placing it in the top 0.3%.
Is Mag Magna's Interest Coverage too high?
Mag Magna'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, Mag Magna ranks #5 out of 1512 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Mag Magna has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mag Magna's Interest Coverage compare to AGRZ and AQB?
According to the Consumer Packaged Goods industry distribution chart, Mag Magna ranks #5 out of 1512 companies for Interest Coverage. This places Mag Magna in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.60. Historically, Mag Magna'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 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 Mag Magna 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. Mag Magna'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 Mag Magna stock overvalued right now?
Mag Magna (MGNC) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Mag Magna's overall GF Score™ is 12/100 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 Mag Magna (MGNC), the current Interest Coverage is No Debt (1) as of Jan. 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.

Mag Magna Business Description

Address Huaqiang Square, Room 2318, Anxiaowo Apartment, Fuhai Sub-District, Bao’an District, Shenzhen, CHN, 518000
Mag Magna Corp focuses on assisting and consulting businesses engaged in poultry farming. Its purpose is to introduce and promote alternative methods of raising chickens without the use of antibiotics. Its business activities include providing consulting in poultry farming optimization including data analysis, planning, and environmental impact; optimization of bird feeding processes; transitioning to antibiotic-free practices; IT product integration covering software, strategic decision consulting, software acquisitions, and integration; disease prevention and management; egg production and quality improvement; implementing sustainable practices in poultry farming such as waste management, and resource sustainability; poultry genetics and breeding strategies; and others.
12GF Score

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