Mani (MNICF) Interest Coverage: 3,053.83 (As of Feb. 2026) — 32% Below Median


MNICF Mani Inc MNICF
98 GF Score
Price $12.82
GF Value $15.94
! 6 Warning Signs
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What is Mani Interest Coverage?

Mani MNICF 98 Interest Coverage is 3,053.83 as of Feb. 2026, which is 32% below its 10-year median of 4,485.00. GuruFocus rates MNICF with a GF Score™ of 98/100 and a GF Value™ of $15.94. The stock has 6 warning signs investors should review. Among 468 Medical Devices & Instruments companies, Mani ranks better than 91.88% 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. Mani's Operating Income for the three months ended in Feb. 2026 was $18.3 Mil. Mani's Interest Expense for the three months ended in Feb. 2026 was $-0.0 Mil. Mani's interest coverage for the quarter that ended in Feb. 2026 was 3,053.83. 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. Mani Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

MNICF' s Interest Coverage Range Over the Past 10 Years
Min: 1398.67   Med: 4485   Max: 39899.19
Current: 3039.33


MNICF's Interest Coverage is ranked better than
91.88% of 468 companies
in the Medical Devices & Instruments industry
Industry Median: 15.71 vs MNICF: 3039.33

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


Mani  (OTCPK:MNICF) 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 .


Mani Interest Coverage Related Terms


Mani Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mani'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.

Mani Interest Coverage Chart

Mani Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,409.22 3,037.60 3,573.86 1,399.41 2,777.70

Mani Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1,936.57 1,992.57 N/A 3,053.83

MNICF vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mani's Interest Coverage distribution charts can be found below:

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


MNICF
98GF Score
Mani Inc MNICF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mani 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.

Mani's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Mani's Interest Expense was $-0.0 Mil. Its Operating Income was $55.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.2 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*55.554/-0.02
=2,777.70

Mani's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Mani's Interest Expense was $-0.0 Mil. Its Operating Income was $18.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.2 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*18.323/-0.006
=3,053.83

* 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 3,053.83 mean?
Mani (MNICF) has a Interest Coverage of 3,053.83 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mani and its competitors. This is 32% below median its historical median of 4,485.00. Over the past decade, Mani's Interest Coverage has ranged from 1,398.67 to 39,899.19. According to the industry distribution chart, Mani ranks #38 out of 468 companies in the Medical Devices & Instruments industry, placing it in the top 8.1%.
Is Mani's Interest Coverage too high?
Mani's current Interest Coverage of 3,053.83 is 32% below median its 10-year median of 4,485.00. Over the past 10 years, this metric has ranged from a low of 1,398.67 to a high of 39,899.19. The Medical Devices & Instruments industry median Interest Coverage is 15.71. Mani's value of 3,053.83 is 19338.8% above this industry median. Based on the distribution chart, Mani ranks #38 out of 468 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Mani has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Mani's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mani ranks #38 out of 468 companies for Interest Coverage. This places Mani in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 15.71. Mani's value of 3,053.83 is 19338.8% above this benchmark. Historically, Mani's own Interest Coverage has ranged from 1,398.67 to 39,899.19 over the past decade. While the company's 10-year median is 4,485.00 vs. the industry median of 15.71, Mani 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.71, based on 468 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. Mani's current Interest Coverage of 3,053.83 is 19338.8% 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 Mani and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mani's current Interest Coverage is 3,053.83, which is 32% below median its own 10-year median of 4,485.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mani stock overvalued right now?
Mani (MNICF) has a current Interest Coverage of 3,053.83. The stock's GF Value™ is $15.94, compared to a current price of $12.82 — trading 19.6% below its estimated fair value. The current Interest Coverage is 3,053.83, which is 32% below median its 10-year median of 4,485.00 and 19338.8% above the Medical Devices & Instruments industry median of 15.71. Mani's overall GF Score™ is 98/100 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 Mani (MNICF), the current Interest Coverage is 3,053.83 as of Feb. 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 Mani (MNICF) Overvalued in 2026?

Based on GuruFocus' analysis, Mani stock appears to be undervalued. The current stock price of $12.82 is trading 19.6% below its estimated GF Value™ of $15.94.

Key valuation signals for MNICF:

  • Interest Coverage: 3,053.83 (32% below median its 10-year median of 4,485.00)
  • GF Value™: $15.94 vs. price of $12.82 (19.6% below fair value)
  • GF Score™: 98/100 with 6 warning signs
  • Industry Position: 19338.8% above the Medical Devices & Instruments median (#38 of 468)

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


Mani Business Description

Other Exchanges 7730:Japan
Address 8-3 Kogyodanchi, Tochigi, JPN
Mani Inc manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.
98GF Score

Get the complete analysis for MNICF

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

$12.82
Price
$15.94
GF Value