Iniziative Bresciane SpA (MIL:IB) Interest Coverage: 1.15 (As of Dec. 2025) — 56% Below Median


MIL:IB Iniziative Bresciane SpA MIL:IB
73 GF Score
Price €9.75
GF Value €13.98
Valuation Possible Value Trap
! 9 Warning Signs
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What is Iniziative Bresciane SpA Interest Coverage?

Iniziative Bresciane SpA MIL:IB +1.56% 73 Interest Coverage is 1.15 as of Dec. 2025, which is 56% below its 10-year median of 2.64. GuruFocus rates MIL:IB with a GF Score™ of 73/100 and a GF Value™ of €13.98 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Iniziative Bresciane SpA ranks worse than 70.72% 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. Iniziative Bresciane SpA's Operating Income for the six months ended in Dec. 2025 was €1.59 Mil. Iniziative Bresciane SpA's Interest Expense for the six months ended in Dec. 2025 was €-1.39 Mil. Iniziative Bresciane SpA's interest coverage for the quarter that ended in Dec. 2025 was 1.15. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Iniziative Bresciane SpA interest coverage is 1.55, which is low.

The historical rank and industry rank for Iniziative Bresciane SpA's Interest Coverage or its related term are showing as below:

MIL:IB' s Interest Coverage Range Over the Past 10 Years
Min: 0.7   Med: 2.64   Max: 4.45
Current: 1.55


MIL:IB's Interest Coverage is ranked worse than
70.72% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.92 vs MIL:IB: 1.55

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


Iniziative Bresciane SpA  (MIL:IB) 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 .


Iniziative Bresciane SpA Interest Coverage Related Terms


Iniziative Bresciane SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Iniziative Bresciane SpA'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.

Iniziative Bresciane SpA Interest Coverage Chart

Iniziative Bresciane SpA 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 4.10 0.70 1.90 2.50 1.55

Iniziative Bresciane SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.33 3.16 1.72 1.89 1.15

Iniziative Bresciane SpA Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Iniziative Bresciane SpA'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.


Iniziative Bresciane SpA Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Iniziative Bresciane SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Iniziative Bresciane SpA's Interest Coverage falls into.


MIL:IB
73GF Score
Iniziative Bresciane SpA MIL:IB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iniziative Bresciane SpA 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.

Iniziative Bresciane SpA'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, Iniziative Bresciane SpA's Interest Expense was €-3.07 Mil. Its Operating Income was €4.77 Mil. And its Long-Term Debt & Capital Lease Obligation was €76.37 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4.774/-3.074
=1.55

Iniziative Bresciane SpA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Iniziative Bresciane SpA's Interest Expense was €-1.39 Mil. Its Operating Income was €1.59 Mil. And its Long-Term Debt & Capital Lease Obligation was €76.37 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1.592/-1.389
=1.15

* 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 1.15 mean?
Iniziative Bresciane SpA (MIL:IB) has a Interest Coverage of 1.15 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Iniziative Bresciane SpA and its competitors. This is 56% below median its historical median of 2.64. Over the past decade, Iniziative Bresciane SpA's Interest Coverage has ranged from 0.70 to 4.45. According to the industry distribution chart, Iniziative Bresciane SpA ranks #227 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 70.7%.
Is Iniziative Bresciane SpA's Interest Coverage too high?
Iniziative Bresciane SpA's current Interest Coverage of 1.15 is 56% below median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 4.45. The Utilities - Independent Power Producers industry median Interest Coverage is 2.92. Iniziative Bresciane SpA's value of 1.15 is 60.6% below this industry median. Based on the distribution chart, Iniziative Bresciane SpA ranks #227 out of 321 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Iniziative Bresciane SpA has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Iniziative Bresciane SpA's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Iniziative Bresciane SpA ranks #227 out of 321 companies for Interest Coverage. This places Iniziative Bresciane SpA in the lower half of its industry. The industry median Interest Coverage is 2.92. Iniziative Bresciane SpA's value of 1.15 is 60.6% below this benchmark. Historically, Iniziative Bresciane SpA's own Interest Coverage has ranged from 0.70 to 4.45 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 2.92, Iniziative Bresciane SpA 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 an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 321 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. Iniziative Bresciane SpA's current Interest Coverage of 1.15 is 60.6% 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 Iniziative Bresciane SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iniziative Bresciane SpA's current Interest Coverage is 1.15, which is 56% below median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iniziative Bresciane SpA stock overvalued right now?
Based on GuruFocus' analysis, Iniziative Bresciane SpA (MIL:IB) is currently considered Possible Value Trap. The stock's GF Value™ is €13.98, compared to a current price of €9.75 — trading 30.3% below its estimated fair value. The current Interest Coverage is 1.15, which is 56% below median its 10-year median of 2.64 and 60.6% below the Utilities - Independent Power Producers industry median of 2.92. Iniziative Bresciane SpA's overall GF Score™ is 73/100 with 9 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 Iniziative Bresciane SpA (MIL:IB), the current Interest Coverage is 1.15 as of Dec. 2025. 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 Iniziative Bresciane SpA (MIL:IB) Overvalued in 2026?

Based on GuruFocus' analysis, Iniziative Bresciane SpA stock appears to be undervalued. The current stock price of €9.75 is trading 30.3% below its estimated GF Value™ of €13.98. GuruFocus considers Iniziative Bresciane SpA to be Possible Value Trap.

Key valuation signals for MIL:IB:

  • Interest Coverage: 1.15 (56% below median its 10-year median of 2.64)
  • GF Value™: €13.98 vs. price of €9.75 (30.3% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 60.6% below the Utilities - Independent Power Producers median (#227 of 321)

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


Iniziative Bresciane SpA Business Description

Address Piazza Vittoria 19, Breno, Brescia, ITA, 25043
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.
73GF Score

Get the complete analysis for MIL:IB

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

€9.75
Price
€13.98
GF Value