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. Money Forward's
Operating Income
for the
three
months ended in Nov. 2025 was $-4.3 Mil. Money Forward's Interest Expense for the
three
months ended in Nov. 2025 was $-0.4 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Money Forward's Interest Coverage or its related term are showing as below:
MNYFF's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.78 * Ranked among companies with meaningful Interest Coverage only.
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 .
Money Forward Interest Coverage Related Terms
Money Forward Interest Coverage Historical Data
* Premium members only.
The historical data trend for Money Forward'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.
MNYFF vs CRM, SHOP, UBER: Interest Coverage Comparison
For the Software - Application subindustry, Money Forward'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.
Money Forward Interest Coverage vs Software Industry
For the Software industry and Technology sector, Money Forward's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Money Forward's Interest Coverage falls into.
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:
Money Forward did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Money Forward (MNYFF) has a Interest Coverage of 0 (At Loss) as of Nov. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Money Forward and its competitors. According to the industry distribution chart, Money Forward ranks #999999 out of 1705 companies in the Software industry.
Is Money Forward's Interest Coverage too high?
Money Forward's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Money Forward ranks #999999 out of 1705 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Money Forward has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, Money Forward ranks #999999 out of 1705 companies for Interest Coverage. This places Money Forward in the lower half of its industry. The industry median Interest Coverage is 24.78. 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 Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,705 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 Money Forward and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Money Forward's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Money Forward (MNYFF) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is $60.91, compared to a current price of $29.42 — trading 51.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Money Forward's overall GF Score™ is 65/100 with 3 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 Money Forward (MNYFF), the current Interest Coverage is 0 (At Loss) as of Nov. 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 Money Forward (MNYFF) Overvalued in 2026?
Based on GuruFocus' analysis, Money Forward stock appears to be undervalued.
The current stock price of $29.42 is trading 51.7% below its estimated GF Value™ of $60.91.
Key valuation signals for MNYFF:
Interest Coverage: 0 (At Loss)
GF Value™: $60.91 vs. price of $29.42 (51.7% below fair value)
No single metric tells the full story. See the MNYFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
65GF Score
Get the complete analysis for MNYFF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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