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. Scandinavian Medical Solutions AS's
Operating Income
for the
six
months ended in Mar. 2026 was kr-12.0 Mil. Scandinavian Medical Solutions AS's Interest Expense for the
six
months ended in Mar. 2026 was kr-1.3 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Scandinavian Medical Solutions AS's Interest Coverage or its related term are showing as below:
OCSE:SMSMED's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 15.875 * Ranked among companies with meaningful Interest Coverage only.
Scandinavian Medical Solutions AS (OCSE:SMSMED) 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 .
Scandinavian Medical Solutions AS Interest Coverage Related Terms
Scandinavian Medical Solutions AS Interest Coverage Historical 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.
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.
Scandinavian Medical Solutions AS Interest Coverage Chart
OCSE:SMSMED vs ABT, SYK, MDT: Interest Coverage Comparison
For the Medical Devices subindustry, Scandinavian Medical Solutions AS'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.
Scandinavian Medical Solutions AS Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Medical Solutions AS's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Scandinavian Medical Solutions AS's Interest Coverage falls into.
Scandinavian Medical Solutions AS 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:
Scandinavian Medical Solutions AS did not have earnings to cover the 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 0 (At Loss) mean?
Scandinavian Medical Solutions AS (OCSE:SMSMED) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Scandinavian Medical Solutions AS and its competitors. According to the industry distribution chart, Scandinavian Medical Solutions AS ranks #999999 out of 466 companies in the Medical Devices & Instruments industry.
Is Scandinavian Medical Solutions AS's Interest Coverage too high?
Scandinavian Medical Solutions AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Scandinavian Medical Solutions AS ranks #999999 out of 466 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Scandinavian Medical Solutions AS has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Medical Solutions AS's Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Medical Solutions AS ranks #999999 out of 466 companies for Interest Coverage. This places Scandinavian Medical Solutions AS in the lower half of its industry. The industry median Interest Coverage is 15.88. 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 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 Scandinavian Medical Solutions AS and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Medical Solutions AS's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Medical Solutions AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS (OCSE:SMSMED) is currently considered Possible Value Trap. The stock's GF Value™ is kr6.23, compared to a current price of kr3.15 — trading 49.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Scandinavian Medical Solutions AS's overall GF Score™ is 82/100 with 7 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 Scandinavian Medical Solutions AS (OCSE:SMSMED), the current Interest Coverage is 0 (At Loss) 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 Scandinavian Medical Solutions AS (OCSE:SMSMED) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS stock appears to be undervalued.
The current stock price of kr3.15 is trading 49.4% below its estimated GF Value™ of kr6.23.
GuruFocus considers Scandinavian Medical Solutions AS to be Possible Value Trap.
Key valuation signals for OCSE:SMSMED:
Interest Coverage: 0 (At Loss)
GF Value™: kr6.23 vs. price of kr3.15 (49.4% below fair value)
No single metric tells the full story. See the OCSE:SMSMED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Medical Solutions AS Business Description
Scandinavian Medical Solutions AS is a provider of Medical Imaging equipment. The company specializes in the acquisition, quality check, and resale of high-quality pre-owned medical imaging systems. The company supplies value-added resellers and distributors in various countries with MRI, CT, PET/CT, and other diagnostic scanners. It operates the business through three business areas, Equipment Solutions, Parts Solutions and Rental Solutions. Equipment Solutions is the company's main source of revenue, which focuses on sourcing, inspecting, and selling imaging systems such as MRI, CT, PET/CT, Cath-Lab, and Mammography units.
82GF Score
Get the complete analysis for OCSE:SMSMED
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