Mesabi TrustMSB +0.16%75 Interest Coverage is No Debt (1) as of Apr. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 459 Steel companies, Mesabi Trust ranks better than 99.78% 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. Mesabi Trust's
Operating Income
for the
three
months ended in Apr. 2026 was $2.08 Mil. Mesabi Trust's Interest Expense for the
three
months ended in Apr. 2026 was $0.00 Mil.
Mesabi Trust has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Mesabi Trust has no debt.
(1) 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.
The historical rank and industry rank for Mesabi Trust's Interest Coverage or its related term are showing as below:
MSB'
s Interest Coverage Range Over the Past 10 Years
Min: 187.3 Med: No Debt Max: No Debt
Current: No Debt
MSB's Interest Coverage is ranked better than 99.78% of 459
companies
in the Steel industry
Industry Median: 4.48
vs MSB: No Debt
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 .
Mesabi Trust Interest Coverage Related Terms
Mesabi Trust Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mesabi Trust'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.
MSB vs FRD, LUD, ZKIN: Interest Coverage Comparison
For the Steel subindustry, Mesabi Trust'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.
Mesabi Trust Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mesabi Trust'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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Mesabi Trust (MSB) has a Interest Coverage of No Debt (1) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mesabi Trust and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Mesabi Trust's Interest Coverage has ranged from 187.30 to 10,000.00. According to the industry distribution chart, Mesabi Trust ranks #1 out of 459 companies in the Steel industry, placing it in the top 0.2%.
Is Mesabi Trust's Interest Coverage too high?
Mesabi Trust's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 187.30 to a high of 10,000.00. Based on the distribution chart, Mesabi Trust ranks #1 out of 459 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mesabi Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's Interest Coverage compare to FRD and LUD?
According to the Steel industry distribution chart, Mesabi Trust ranks #1 out of 459 companies for Interest Coverage. This places Mesabi Trust in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.48. Historically, Mesabi Trust's own Interest Coverage has ranged from 187.30 to 10,000.00 over the past decade. 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 Steel company?
The median Interest Coverage among Steel companies is 4.48, based on 459 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 Mesabi Trust and its competitors. For the Steel industry, the median Interest Coverage is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesabi Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.16, compared to a current price of $24.35 — trading 34.1% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Mesabi Trust's overall GF Score™ is 75/100 with 4 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 Mesabi Trust (MSB), the current Interest Coverage is No Debt (1) as of Apr. 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 Mesabi Trust (MSB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued.
The current stock price of $24.35 is trading 34.1% above its estimated GF Value™ of $18.16.
GuruFocus considers Mesabi Trust to be Significantly Overvalued.
Key valuation signals for MSB:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
75GF Score
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