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. Techstep ASA's
Operating Income
for the
three
months ended in Mar. 2026 was kr-21.7 Mil. Techstep ASA's Interest Expense for the
three
months ended in Mar. 2026 was kr-5.8 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 Techstep ASA's Interest Coverage or its related term are showing as below:
OSL:TECH's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.73 * 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 .
Techstep ASA Interest Coverage Related Terms
Techstep ASA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Techstep ASA'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.
OSL:TECH vs CSCO, CIEN, MSI: Interest Coverage Comparison
For the Communication Equipment subindustry, Techstep ASA'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.
Techstep ASA Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Techstep ASA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Techstep ASA'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:
Techstep ASA 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?
Techstep ASA (OSL:TECH) 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 Techstep ASA and its competitors. According to the industry distribution chart, Techstep ASA ranks #999999 out of 1672 companies in the Hardware industry.
Is Techstep ASA's Interest Coverage too high?
Techstep ASA's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Techstep ASA ranks #999999 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Techstep ASA has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techstep ASA's Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Techstep ASA ranks #999999 out of 1672 companies for Interest Coverage. This places Techstep ASA in the lower half of its industry. The industry median Interest Coverage is 13.73. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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 Techstep ASA and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstep ASA'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 Techstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Techstep ASA (OSL:TECH) is currently considered Modestly Undervalued. The stock's GF Value™ is kr9.54, compared to a current price of kr8.08 — trading 15.3% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Techstep ASA's overall GF Score™ is 48/100 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 Techstep ASA (OSL:TECH), 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 Techstep ASA (OSL:TECH) Overvalued in 2026?
Based on GuruFocus' analysis, Techstep ASA stock appears to be undervalued.
The current stock price of kr8.08 is trading 15.3% below its estimated GF Value™ of kr9.54.
GuruFocus considers Techstep ASA to be Modestly Undervalued.
Key valuation signals for OSL:TECH:
Interest Coverage: 0 (At Loss)
GF Value™: kr9.54 vs. price of kr8.08 (15.3% below fair value)
No single metric tells the full story. See the OSL:TECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.
48GF Score
Get the complete analysis for OSL:TECH
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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