Seamless Distribution Systems AB (NGM:SDS) Interest Coverage: 2.61 (As of Jun. 2026) — 74% Above Median

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NGM:SDS Seamless Distribution Systems AB NGM:SDS
26 GF Score
Price kr6.80
GF Value kr3.39
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Seamless Distribution Systems AB Interest Coverage?

Seamless Distribution Systems AB NGM:SDS -5.56% 26 Interest Coverage is 2.61 as of Jun. 2026, which is 74% above its 10-year median of 1.50. GuruFocus rates NGM:SDS with a GF Score™ of 26/100 and a GF Value™ of kr3.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,732 Software companies, Seamless Distribution Systems AB ranks worse than 57736.66% 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. Seamless Distribution Systems AB's Operating Income for the three months ended in Jun. 2026 was kr16.0 Mil. Seamless Distribution Systems AB's Interest Expense for the three months ended in Jun. 2026 was kr-6.1 Mil. Seamless Distribution Systems AB's interest coverage for the quarter that ended in Jun. 2026 was 2.61. The higher the ratio, the stronger the company's financial strength is.

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


NGM:SDS's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.335
* 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.


Seamless Distribution Systems AB  (NGM:SDS) 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 .


Seamless Distribution Systems AB Interest Coverage Related Terms


Seamless Distribution Systems AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Seamless Distribution Systems 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.

Seamless Distribution Systems AB Interest Coverage Chart

Seamless Distribution Systems 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 1.50 0.00 0.00 0.64 0.00

Seamless Distribution Systems AB 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 0.00 0.00 0.00 2.61 2.61

NGM:SDS vs MSFT, ORCL, PLTR: Interest Coverage Comparison

For the Software - Infrastructure subindustry, Seamless Distribution Systems 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.


Seamless Distribution Systems AB Interest Coverage vs Software Industry

For the Software industry and Technology sector, Seamless Distribution Systems AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Seamless Distribution Systems AB's Interest Coverage falls into.


NGM:SDS
26GF Score
Seamless Distribution Systems AB NGM:SDS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seamless Distribution Systems 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.

Seamless Distribution Systems 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, Seamless Distribution Systems AB's Interest Expense was kr-27.7 Mil. Its Operating Income was kr-36.5 Mil. And its Long-Term Debt & Capital Lease Obligation was kr252.5 Mil.

Seamless Distribution Systems AB did not have earnings to cover the interest expense.

Seamless Distribution Systems AB's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Seamless Distribution Systems AB's Interest Expense was kr-6.1 Mil. Its Operating Income was kr16.0 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*15.992/-6.122
=2.61

* 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 2.61 mean?
Seamless Distribution Systems AB (NGM:SDS) has a Interest Coverage of 2.61 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Seamless Distribution Systems AB and its competitors. This is 74% above median its historical median of 1.50. According to the industry distribution chart, Seamless Distribution Systems AB ranks #999999 out of 1732 companies in the Software industry.
Is Seamless Distribution Systems AB's Interest Coverage too high?
Seamless Distribution Systems AB's current Interest Coverage of 2.61 is 74% above median its 10-year median of 1.50. The Software industry median Interest Coverage is 26.34. Seamless Distribution Systems AB's value of 2.61 is 90.1% below this industry median. Based on the distribution chart, Seamless Distribution Systems AB ranks #999999 out of 1732 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Seamless Distribution Systems AB has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seamless Distribution Systems AB's Interest Coverage compare to MSFT and ORCL?
According to the Software industry distribution chart, Seamless Distribution Systems AB ranks #999999 out of 1732 companies for Interest Coverage. This places Seamless Distribution Systems AB in the lower half of its industry. The industry median Interest Coverage is 26.34. Seamless Distribution Systems AB's value of 2.61 is 90.1% below this benchmark. While the company's 10-year median is 1.50 vs. the industry median of 26.34, Seamless Distribution Systems AB 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 Software company?
The median Interest Coverage among Software companies is 26.34, based on 1,732 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. Seamless Distribution Systems AB's current Interest Coverage of 2.61 is 90.1% 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 Seamless Distribution Systems AB and its competitors. For the Software industry, the median Interest Coverage is 26.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seamless Distribution Systems AB's current Interest Coverage is 2.61, which is 74% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seamless Distribution Systems AB stock overvalued right now?
Based on GuruFocus' analysis, Seamless Distribution Systems AB (NGM:SDS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr3.39, compared to a current price of kr6.80 — trading 100.6% above its estimated fair value. The current Interest Coverage is 2.61, which is 74% above median its 10-year median of 1.50 and 90.1% below the Software industry median of 26.34. Seamless Distribution Systems AB's overall GF Score™ is 26/100 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 Seamless Distribution Systems AB (NGM:SDS), the current Interest Coverage is 2.61 as of Jun. 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 Seamless Distribution Systems AB (NGM:SDS) Overvalued in 2026?

Based on GuruFocus' analysis, Seamless Distribution Systems AB stock appears to be overvalued. The current stock price of kr6.80 is trading 100.6% above its estimated GF Value™ of kr3.39. GuruFocus considers Seamless Distribution Systems AB to be Significantly Overvalued.

Key valuation signals for NGM:SDS:

  • Interest Coverage: 2.61 (74% above median its 10-year median of 1.50)
  • GF Value™: kr3.39 vs. price of kr6.80 (100.6% above fair value)
  • GF Score™: 26/100 with 4 warning signs
  • Industry Position: 90.1% below the Software median (#999999 of 1732)

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


Seamless Distribution Systems AB Business Description

Address Vasagatan 7, Stockholm, SWE, 111 20
Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.
26GF Score

Get the complete analysis for NGM:SDS

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

kr6.80
Price
kr3.39
GF Value