MNYFF (Money Forward) Interest Coverage: N/A (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MNYFF Money Forward Inc MNYFF
61 GF Score
Price $26.76
GF Value $39.20
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Money Forward Interest Coverage?

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 May. 2026 was $0.0 Mil. Money Forward's Interest Expense for the three months ended in May. 2026 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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: 24.61
* Ranked among companies with meaningful Interest Coverage only.

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

Money Forward  (OTCPK:MNYFF) 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 .

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.

Money Forward Interest Coverage Chart

Money Forward Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Money Forward Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 1.50 N/A

MNYFF vs UBER, SHOP, CRM: 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.


MNYFF
61GF Score
Money Forward Inc MNYFF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Money Forward 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.

Money Forward's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, Money Forward's Interest Expense was $-1.7 Mil. Its Operating Income was $-17.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $148.2 Mil.

Money Forward did not have earnings to cover the interest expense.

Money Forward's Interest Coverage for the quarter that ended in May. 2026 is calculated as

Here, for the three months ended in May. 2026, Money Forward's Interest Expense was $0.0 Mil. Its Operating Income was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $205.0 Mil.

GuruFocus does not calculate Money Forward's interest coverage with the available data.

* 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.

Is Money Forward (MNYFF) Overvalued in 2026?

Based on GuruFocus' analysis, Money Forward stock appears to be undervalued. The current stock price of $26.76 is trading 31.7% below its estimated GF Value™ of $39.20. GuruFocus considers Money Forward to be Significantly Undervalued.

Key valuation signals for MNYFF:

  • Interest Coverage: N/A
  • GF Value™: $39.20 vs. price of $26.76 (31.7% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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 Business Description

Other Exchanges 3994:Japan47D:Germany
Address 21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
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.
61GF 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.

$26.76
Price
$39.20
GF Value