MariMedMRMD -0.41% Interest Coverage is 0.19 as of Mar. 2026, which is 88% below its 10-year median of 1.62. The stock has 5 warning signs investors should review. Among 685 Drug Manufacturers companies, MariMed ranks worse than 145985.26% 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. MariMed's
Operating Income
for the
three
months ended in Mar. 2026 was $0.4 Mil. MariMed's Interest Expense for the
three
months ended in Mar. 2026 was $-2.0 Mil.
MariMed's interest coverage for the quarter that ended in Mar. 2026 was 0.19.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for MariMed's Interest Coverage or its related term are showing as below:
MRMD's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 12.78 * 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 .
MariMed Interest Coverage Related Terms
MariMed Interest Coverage Historical Data
* Premium members only.
The historical data trend for MariMed'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.
MRMD vs CPHI, RMTI, HYEX: Interest Coverage Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, MariMed'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.
MariMed Interest Coverage vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, MariMed's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MariMed'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:
* 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.
MariMed (MRMD) has a Interest Coverage of 0.19 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MariMed and its competitors. This is 88% below median its historical median of 1.62. According to the industry distribution chart, MariMed ranks #999999 out of 685 companies in the Drug Manufacturers industry.
Is MariMed's Interest Coverage too high?
MariMed's current Interest Coverage of 0.19 is 88% below median its 10-year median of 1.62. The Drug Manufacturers industry median Interest Coverage is 12.78. MariMed's value of 0.19 is 98.5% below this industry median. Based on the distribution chart, MariMed ranks #999999 out of 685 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does MariMed's Interest Coverage compare to CPHI and RMTI?
According to the Drug Manufacturers industry distribution chart, MariMed ranks #999999 out of 685 companies for Interest Coverage. This places MariMed in the lower half of its industry. The industry median Interest Coverage is 12.78. MariMed's value of 0.19 is 98.5% below this benchmark. While the company's 10-year median is 1.62 vs. the industry median of 12.78, MariMed has consistently been below 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.78, based on 685 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. MariMed's current Interest Coverage of 0.19 is 98.5% below 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 MariMed and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MariMed's current Interest Coverage is 0.19, which is 88% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MariMed stock overvalued right now?
Based on GuruFocus' analysis, MariMed (MRMD) is currently considered Possible Value Trap. The stock's GF Value™ is $0.16, compared to a current price of $0.07 — trading 54.7% below its estimated fair value. The current Interest Coverage is 0.19, which is 88% below median its 10-year median of 1.62 and 98.5% below the Drug Manufacturers industry median of 12.78. 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 MariMed (MRMD), the current Interest Coverage is 0.19 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.
MariMed Inc is a multi-state cannabis operator in the United States dedicated to improving lives every day through its high-quality products. The company develops, owns, and manages seed to sale state-licensed, regulatory-compliant facilities for the cultivation, production, and dispensing of medicinal and adult-use cannabis. It has created and continues to develop its own brands of cannabis flower, concentrates, edibles, and other precision-dosed products utilizing its proprietary strains and formulations. The company also licenses its proprietary brands, along with other top cannabis products, in select domestic markets. Its operations are conducted in compliance with applicable state and local laws and regulations in the jurisdictions in which it operates.
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