MPZAF (Mips AB) Interest Coverage: 6.15 (As of Mar. 2026) — 99% Below Median


MPZAF Mips AB MPZAF
77 GF Score
Price $25.48
GF Value $110.00
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mips AB Interest Coverage?

Mips AB MPZAF 77 Interest Coverage is 6.15 as of Mar. 2026, which is 99% below its 10-year median of 414.79. GuruFocus rates MPZAF with a GF Score™ of 77/100 and a GF Value™ of $110.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 609 Travel & Leisure companies, Mips AB ranks better than 73.89% 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. Mips AB's Operating Income for the three months ended in Mar. 2026 was $4.62 Mil. Mips AB's Interest Expense for the three months ended in Mar. 2026 was $-0.75 Mil. Mips AB's interest coverage for the quarter that ended in Mar. 2026 was 6.15. The higher the ratio, the stronger the company's financial strength is.

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

MPZAF' s Interest Coverage Range Over the Past 10 Years
Min: 24.86   Med: 414.79   Max: 10909.14
Current: 24.86


MPZAF's Interest Coverage is ranked better than
73.89% of 609 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs MPZAF: 24.86

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


Mips AB  (OTCPK:MPZAF) 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 .


Mips AB Interest Coverage Related Terms


Mips AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mips AB'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.

Mips AB Interest Coverage Chart

Mips AB 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 N/A 249.93 83.42 175.07 N/A

Mips AB 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 N/A N/A N/A N/A 6.15

MPZAF vs AS, HAS, LTH: Interest Coverage Comparison

For the Leisure subindustry, Mips AB'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.


Mips AB Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Interest Coverage distribution charts can be found below:

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


MPZAF
77GF Score
Mips AB MPZAF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mips AB 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.

Mips AB'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, Mips AB's Interest Expense was $0.00 Mil. Its Operating Income was $18.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $34.33 Mil.

GuruFocus does not calculate Mips AB's interest coverage with the available data.

Mips AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mips AB's Interest Expense was $-0.75 Mil. Its Operating Income was $4.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $28.87 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.615/-0.751
=6.15

* 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 6.15 mean?
Mips AB (MPZAF) has a Interest Coverage of 6.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mips AB and its competitors. This is 99% below median its historical median of 414.79. Over the past decade, Mips AB's Interest Coverage has ranged from 24.86 to 10,909.14. According to the industry distribution chart, Mips AB ranks #159 out of 609 companies in the Travel & Leisure industry, placing it in the top 26.1%.
Is Mips AB's Interest Coverage too high?
Mips AB's current Interest Coverage of 6.15 is 99% below median its 10-year median of 414.79. Over the past 10 years, this metric has ranged from a low of 24.86 to a high of 10,909.14. The Travel & Leisure industry median Interest Coverage is 5.35. Mips AB's value of 6.15 is 15% above this industry median. Based on the distribution chart, Mips AB ranks #159 out of 609 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Mips AB has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's Interest Coverage compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mips AB ranks #159 out of 609 companies for Interest Coverage. This puts Mips AB in the upper half of its industry. The industry median Interest Coverage is 5.35. Mips AB's value of 6.15 is 15% above this benchmark. Historically, Mips AB's own Interest Coverage has ranged from 24.86 to 10,909.14 over the past decade. While the company's 10-year median is 414.79 vs. the industry median of 5.35, Mips AB 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 609 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. Mips AB's current Interest Coverage of 6.15 is 15% 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 Mips AB and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mips AB's current Interest Coverage is 6.15, which is 99% below median its own 10-year median of 414.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (MPZAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $110.00, compared to a current price of $25.48 — trading 76.8% below its estimated fair value. The current Interest Coverage is 6.15, which is 99% below median its 10-year median of 414.79 and 15% above the Travel & Leisure industry median of 5.35. Mips AB's overall GF Score™ is 77/100 with 5 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 Mips AB (MPZAF), the current Interest Coverage is 6.15 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 Mips AB (MPZAF) Overvalued in 2026?

Based on GuruFocus' analysis, Mips AB stock appears to be undervalued. The current stock price of $25.48 is trading 76.8% below its estimated GF Value™ of $110.00. GuruFocus considers Mips AB to be Significantly Undervalued.

Key valuation signals for MPZAF:

  • Interest Coverage: 6.15 (99% below median its 10-year median of 414.79)
  • GF Value™: $110.00 vs. price of $25.48 (76.8% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 15% above the Travel & Leisure median (#159 of 609)

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


Mips AB Business Description

Address Kemistvagen 1B, Taby, Stockholm, SWE, 183 79
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
77GF Score

Get the complete analysis for MPZAF

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

$25.48
Price
$110.00
GF Value