MRAM (Everspin Technologies) Interest Coverage: N/A (As of Jun. 2026)

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MRAM Everspin Technologies Inc MRAM
58 GF Score
Price $16.60
GF Value $7.88
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Everspin Technologies 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. Everspin Technologies's Operating Income for the three months ended in Jun. 2026 was $-4.38 Mil. Everspin Technologies's Interest Expense for the three months ended in Jun. 2026 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Everspin Technologies Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


MRAM's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 22.04
* 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.


Everspin Technologies  (NAS:MRAM) 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 .


Everspin Technologies Interest Coverage Related Terms


Everspin Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Everspin Technologies'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.

Everspin Technologies Interest Coverage Chart

Everspin Technologies 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 9.20 22.73 93.41 N/A N/A

Everspin Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 N/A

MRAM vs ALMU, QUIK, GSIT: Interest Coverage Comparison

For the Semiconductors subindustry, Everspin Technologies'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.


Everspin Technologies Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Everspin Technologies's Interest Coverage distribution charts can be found below:

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


MRAM
58GF Score
Everspin Technologies Inc MRAM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Everspin Technologies 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.

Everspin Technologies'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, Everspin Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-6.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.96 Mil.

GuruFocus does not calculate Everspin Technologies's interest coverage with the available data.

Everspin Technologies's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Everspin Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-4.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.43 Mil.

GuruFocus does not calculate Everspin Technologies'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 Everspin Technologies (MRAM) Overvalued in 2026?

Based on GuruFocus' analysis, Everspin Technologies stock appears to be overvalued. The current stock price of $16.60 is trading 110.7% above its estimated GF Value™ of $7.88. GuruFocus considers Everspin Technologies to be Significantly Overvalued.

Key valuation signals for MRAM:

  • Interest Coverage: N/A
  • GF Value™: $7.88 vs. price of $16.60 (110.7% above fair value)
  • GF Score™: 58/100 with 2 warning signs

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


Everspin Technologies Business Description

Other Exchanges 0IJ3:UKE5N:Germany
Address 5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
Everspin Technologies Inc is a manufacturer of Magnetoresistive Random Access Memory (MRAM) technology. The company manufactures MRAM products using both captive and third-party manufacturing capabilities. It purchases industry-standard complementary metal-oxide semiconductor (CMOS) wafers from semiconductor foundries and perform back end of line (BEOL) processing that includes magnetic-bit technology at leased 200mm fabrication facility in Chandler, Arizona. It also manufactures full-flow 300mm CMOS wafers with STT-MRAM magnetic-bit technology integrated in BEOL. The company's customers are in key markets, such as industrial, medical, automotive/transportation, aerospace, and data center.
58GF Score

Get the complete analysis for MRAM

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

$16.60
Price
$7.88
GF Value