Merus Power Oyj (OHEL:MERUS) Interest Coverage: 1.06 (As of Dec. 2025) — 63% Above Median

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OHEL:MERUS Merus Power Oyj OHEL:MERUS
80 GF Score
Price €5.10
GF Value €9.50
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Merus Power Oyj Interest Coverage?

Merus Power Oyj OHEL:MERUS +2.00% 80 Interest Coverage is 1.06 as of Dec. 2025, which is 63% above its 10-year median of 0.65. GuruFocus rates OHEL:MERUS with a GF Score™ of 80/100 and a GF Value™ of €9.50 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,337 Industrial Products companies, Merus Power Oyj ranks worse than 99.14% 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. Merus Power Oyj's Operating Income for the six months ended in Dec. 2025 was €0.81 Mil. Merus Power Oyj's Interest Expense for the six months ended in Dec. 2025 was €-0.76 Mil. Merus Power Oyj's interest coverage for the quarter that ended in Dec. 2025 was 1.06. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Merus Power Oyj's Interest Coverage or its related term are showing as below:

OHEL:MERUS' s Interest Coverage Range Over the Past 10 Years
Min: 0.21   Med: 0.65   Max: 5.76
Current: 0.21


OHEL:MERUS's Interest Coverage is ranked worse than
99.14% of 2337 companies
in the Industrial Products industry
Industry Median: 14.63 vs OHEL:MERUS: 0.21

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Merus Power Oyj  (OHEL:MERUS) 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 .


Merus Power Oyj Interest Coverage Related Terms


Merus Power Oyj Interest Coverage Historical Data

* Premium members only.

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Interest Coverage Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.26 0.65 0.00 0.00 0.21

Merus Power Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.10 0.00 4.56 0.00 1.06

OHEL:MERUS vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.


Merus Power Oyj Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's Interest Coverage falls into.


OHEL:MERUS
80GF Score
Merus Power Oyj OHEL:MERUS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merus Power Oyj 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.

Merus Power Oyj'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, Merus Power Oyj's Interest Expense was €-1.48 Mil. Its Operating Income was €0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.53 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.317/-1.481
=0.21

Merus Power Oyj's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Merus Power Oyj's Interest Expense was €-0.76 Mil. Its Operating Income was €0.81 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.53 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*0.805/-0.758
=1.06

* 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 1.06 mean?
Merus Power Oyj (OHEL:MERUS) has a Interest Coverage of 1.06 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Merus Power Oyj and its competitors. This is 63% above median its historical median of 0.65. Over the past decade, Merus Power Oyj's Interest Coverage has ranged from 0.21 to 5.76. According to the industry distribution chart, Merus Power Oyj ranks #2317 out of 2337 companies in the Industrial Products industry, placing it in the top 99.1%.
Is Merus Power Oyj's Interest Coverage too high?
Merus Power Oyj's current Interest Coverage of 1.06 is 63% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 5.76. The Industrial Products industry median Interest Coverage is 14.63. Merus Power Oyj's value of 1.06 is 92.8% below this industry median. Based on the distribution chart, Merus Power Oyj ranks #2317 out of 2337 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Merus Power Oyj has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merus Power Oyj's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Merus Power Oyj ranks #2317 out of 2337 companies for Interest Coverage. This places Merus Power Oyj in the lower half of its industry. The industry median Interest Coverage is 14.63. Merus Power Oyj's value of 1.06 is 92.8% below this benchmark. Historically, Merus Power Oyj's own Interest Coverage has ranged from 0.21 to 5.76 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 14.63, Merus Power Oyj 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.63, based on 2,337 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. Merus Power Oyj's current Interest Coverage of 1.06 is 92.8% 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 Merus Power Oyj and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merus Power Oyj's current Interest Coverage is 1.06, which is 63% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merus Power Oyj stock overvalued right now?
Based on GuruFocus' analysis, Merus Power Oyj (OHEL:MERUS) is currently considered Significantly Undervalued. The stock's GF Value™ is €9.50, compared to a current price of €5.10 — trading 46.3% below its estimated fair value. The current Interest Coverage is 1.06, which is 63% above median its 10-year median of 0.65 and 92.8% below the Industrial Products industry median of 14.63. Merus Power Oyj's overall GF Score™ is 80/100 with 5 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 Merus Power Oyj (OHEL:MERUS), the current Interest Coverage is 1.06 as of Dec. 2025. 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 Merus Power Oyj (OHEL:MERUS) Overvalued in 2026?

Based on GuruFocus' analysis, Merus Power Oyj stock appears to be undervalued. The current stock price of €5.10 is trading 46.3% below its estimated GF Value™ of €9.50. GuruFocus considers Merus Power Oyj to be Significantly Undervalued.

Key valuation signals for OHEL:MERUS:

  • Interest Coverage: 1.06 (63% above median its 10-year median of 0.65)
  • GF Value™: €9.50 vs. price of €5.10 (46.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 92.8% below the Industrial Products median (#2317 of 2337)

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


Merus Power Oyj Business Description

Other Exchanges 99H:Germany
Address Pallotie 2, Ylojarvi, FIN, 33470
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic electricity storage, power quality solutions and services. Its business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's business operations have been divided into two technological areas: Energy storage solutions and Energy quality solutions.
80GF Score

Get the complete analysis for OHEL:MERUS

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

€5.10
Price
€9.50
GF Value