MITNF (MI Technovation Bhd) Interest Coverage: 55.72 (As of Mar. 2026) — 35% Below Median


MITNF MI Technovation Bhd MITNF
83 GF Score
Price $0.57
GF Value $0.41
! 8 Warning Signs
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What is MI Technovation Bhd Interest Coverage?

MI Technovation Bhd MITNF 83 Interest Coverage is 55.72 as of Mar. 2026, which is 35% below its 10-year median of 86.09. GuruFocus rates MITNF with a GF Score™ of 83/100 and a GF Value™ of $0.41. The stock has 8 warning signs investors should review. Among 636 Semiconductors companies, MI Technovation Bhd ranks better than 72.17% 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. MI Technovation Bhd's Operating Income for the three months ended in Mar. 2026 was $9.7 Mil. MI Technovation Bhd's Interest Expense for the three months ended in Mar. 2026 was $-0.2 Mil. MI Technovation Bhd's interest coverage for the quarter that ended in Mar. 2026 was 55.72. 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. MI Technovation Bhd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for MI Technovation Bhd's Interest Coverage or its related term are showing as below:

MITNF' s Interest Coverage Range Over the Past 10 Years
Min: 37.44   Med: 86.09   Max: 1095.36
Current: 84.09


MITNF's Interest Coverage is ranked better than
72.17% of 636 companies
in the Semiconductors industry
Industry Median: 20.225 vs MITNF: 84.09

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


MI Technovation Bhd  (OTCPK:MITNF) 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 .


MI Technovation Bhd Interest Coverage Related Terms


MI Technovation Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for MI Technovation Bhd'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.

MI Technovation Bhd Interest Coverage Chart

MI Technovation Bhd 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 79.76 40.93 37.44 55.87 81.82

MI Technovation Bhd 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 65.74 99.30 119.44 86.40 55.72

MITNF vs LRCX, AMAT, KLAC: Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd'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.


MI Technovation Bhd Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, MI Technovation Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MI Technovation Bhd's Interest Coverage falls into.


MITNF
83GF Score
MI Technovation Bhd MITNF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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MI Technovation Bhd 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.

MI Technovation Bhd'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, MI Technovation Bhd's Interest Expense was $-0.4 Mil. Its Operating Income was $30.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*30.108/-0.368
=81.82

MI Technovation Bhd's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, MI Technovation Bhd's Interest Expense was $-0.2 Mil. Its Operating Income was $9.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*9.695/-0.174
=55.72

* 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 55.72 mean?
MI Technovation Bhd (MITNF) has a Interest Coverage of 55.72 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MI Technovation Bhd and its competitors. This is 35% below median its historical median of 86.09. Over the past decade, MI Technovation Bhd's Interest Coverage has ranged from 37.44 to 1,095.36. According to the industry distribution chart, MI Technovation Bhd ranks #177 out of 636 companies in the Semiconductors industry, placing it in the top 27.8%.
Is MI Technovation Bhd's Interest Coverage too high?
MI Technovation Bhd's current Interest Coverage of 55.72 is 35% below median its 10-year median of 86.09. Over the past 10 years, this metric has ranged from a low of 37.44 to a high of 1,095.36. The Semiconductors industry median Interest Coverage is 20.23. MI Technovation Bhd's value of 55.72 is 175.5% above this industry median. Based on the distribution chart, MI Technovation Bhd ranks #177 out of 636 companies in the Semiconductors industry, which is above the industry midpoint. Overall, MI Technovation Bhd has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's Interest Coverage compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, MI Technovation Bhd ranks #177 out of 636 companies for Interest Coverage. This puts MI Technovation Bhd in the upper half of its industry. The industry median Interest Coverage is 20.23. MI Technovation Bhd's value of 55.72 is 175.5% above this benchmark. Historically, MI Technovation Bhd's own Interest Coverage has ranged from 37.44 to 1,095.36 over the past decade. While the company's 10-year median is 86.09 vs. the industry median of 20.23, MI Technovation Bhd 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 a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 636 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. MI Technovation Bhd's current Interest Coverage of 55.72 is 175.5% 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 MI Technovation Bhd and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MI Technovation Bhd's current Interest Coverage is 55.72, which is 35% below median its own 10-year median of 86.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MI Technovation Bhd stock overvalued right now?
MI Technovation Bhd (MITNF) has a current Interest Coverage of 55.72. The stock's GF Value™ is $0.41, compared to a current price of $0.57 — trading 39% above its estimated fair value. The current Interest Coverage is 55.72, which is 35% below median its 10-year median of 86.09 and 175.5% above the Semiconductors industry median of 20.23. MI Technovation Bhd's overall GF Score™ is 83/100 with 8 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 MI Technovation Bhd (MITNF), the current Interest Coverage is 55.72 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 MI Technovation Bhd (MITNF) Overvalued in 2026?

Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued. The current stock price of $0.57 is trading 39% above its estimated GF Value™ of $0.41.

Key valuation signals for MITNF:

  • Interest Coverage: 55.72 (35% below median its 10-year median of 86.09)
  • GF Value™: $0.41 vs. price of $0.57 (39% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 175.5% above the Semiconductors median (#177 of 636)

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


MI Technovation Bhd Business Description

Other Exchanges 5286:Malaysia
Address ILHAM Tower No.8 Jalan Binjai, Office Suite 12A-2, Level 12A, Kuala Lumpur, MYS, 50450
MI Technovation Bhd is engaged in the design, development, manufacturing and sales of semiconductor manufacturing equipment, provision of maintenance services and technical support, manufacturing and sales of solder spheres, research and development, manufacturing, sales and marketing of specific process and application in assembly and packaging solutions to customer. Its segments include Semiconductor Equipment Business Unit, Semiconductor Equipment Business Unit, and Semiconductor Solutions Business Unit, and Others. The SEBU is involved in design, manufacturing and sales of semiconductor manufacturing equipment, coupled with integrated Artificial Intelligence (AI) technologies and smart factory automation solutions.
83GF Score

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

$0.57
Price
$0.41
GF Value