MICLF (Mycronic AB) Interest Coverage: 47.32 (As of Mar. 2026) — 50% Below Median


MICLF Mycronic AB MICLF
91 GF Score
Price $32.92
GF Value $22.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mycronic AB Interest Coverage?

Mycronic AB MICLF +13.56% 91 Interest Coverage is 47.32 as of Mar. 2026, which is 50% below its 10-year median of 93.81. GuruFocus rates MICLF with a GF Score™ of 91/100 and a GF Value™ of $22.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,330 Industrial Products companies, Mycronic AB ranks better than 82.53% 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. Mycronic AB's Operating Income for the three months ended in Mar. 2026 was $96.5 Mil. Mycronic AB's Interest Expense for the three months ended in Mar. 2026 was $-2.0 Mil. Mycronic AB's interest coverage for the quarter that ended in Mar. 2026 was 47.32. 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. Mycronic AB has enough cash to cover all of its debt. Its financial situation is stable.

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

MICLF' s Interest Coverage Range Over the Past 10 Years
Min: 66.57   Med: 93.81   Max: 337.47
Current: 109.37


MICLF's Interest Coverage is ranked better than
82.53% of 2330 companies
in the Industrial Products industry
Industry Median: 14.835 vs MICLF: 109.37

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


Mycronic AB  (OTCPK:MICLF) 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 .


Mycronic AB Interest Coverage Related Terms


Mycronic AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mycronic AB'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.

Mycronic AB Interest Coverage Chart

Mycronic AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.94 68.83 96.26 134.32 118.66

Mycronic AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 N/A N/A N/A N/A 47.32

MICLF vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Mycronic AB'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.


Mycronic AB Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mycronic AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mycronic AB's Interest Coverage falls into.


MICLF
91GF Score
Mycronic AB MICLF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mycronic AB 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.

Mycronic AB's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Mycronic AB's Interest Expense was $-1.8 Mil. Its Operating Income was $217.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $27.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*217.033/-1.829
=118.66

Mycronic AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mycronic AB's Interest Expense was $-2.0 Mil. Its Operating Income was $96.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $29.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*96.488/-2.039
=47.32

* 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 47.32 mean?
Mycronic AB (MICLF) has a Interest Coverage of 47.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mycronic AB and its competitors. This is 50% below median its historical median of 93.81. Over the past decade, Mycronic AB's Interest Coverage has ranged from 66.57 to 337.47. According to the industry distribution chart, Mycronic AB ranks #407 out of 2330 companies in the Industrial Products industry, placing it in the top 17.5%.
Is Mycronic AB's Interest Coverage too high?
Mycronic AB's current Interest Coverage of 47.32 is 50% below median its 10-year median of 93.81. Over the past 10 years, this metric has ranged from a low of 66.57 to a high of 337.47. The Industrial Products industry median Interest Coverage is 14.84. Mycronic AB's value of 47.32 is 219% above this industry median. Based on the distribution chart, Mycronic AB ranks #407 out of 2330 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mycronic AB has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mycronic AB's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mycronic AB ranks #407 out of 2330 companies for Interest Coverage. This places Mycronic AB in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.84. Mycronic AB's value of 47.32 is 219% above this benchmark. Historically, Mycronic AB's own Interest Coverage has ranged from 66.57 to 337.47 over the past decade. While the company's 10-year median is 93.81 vs. the industry median of 14.84, Mycronic AB has consistently been above 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,330 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. Mycronic AB's current Interest Coverage of 47.32 is 219% above 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 Mycronic AB and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycronic AB's current Interest Coverage is 47.32, which is 50% below median its own 10-year median of 93.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycronic AB stock overvalued right now?
Based on GuruFocus' analysis, Mycronic AB (MICLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.18, compared to a current price of $32.92 — trading 48.4% above its estimated fair value. The current Interest Coverage is 47.32, which is 50% below median its 10-year median of 93.81 and 219% above the Industrial Products industry median of 14.84. Mycronic AB's overall GF Score™ is 91/100 with 4 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 Mycronic AB (MICLF), the current Interest Coverage is 47.32 as of Mar. 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 Mycronic AB (MICLF) Overvalued in 2026?

Based on GuruFocus' analysis, Mycronic AB stock appears to be overvalued. The current stock price of $32.92 is trading 48.4% above its estimated GF Value™ of $22.18. GuruFocus considers Mycronic AB to be Significantly Overvalued.

Key valuation signals for MICLF:

  • Interest Coverage: 47.32 (50% below median its 10-year median of 93.81)
  • GF Value™: $22.18 vs. price of $32.92 (48.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 219% above the Industrial Products median (#407 of 2330)

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


Mycronic AB Business Description

Address Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, & markets mask writers & measuring machines for the production of photomasks for displays; The PCB Assembly Solutions division develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High Volume division develops, manufactures, & markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation. The majority of its revenue is generated from the PCB Generators segment.
91GF Score

Get the complete analysis for MICLF

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

$32.92
Price
$22.18
GF Value