CodeMill AB (OSTO:CDMIL) Interest Coverage: 49.27 (As of Mar. 2026) — 236% Above Median


OSTO:CDMIL CodeMill AB OSTO:CDMIL
73 GF Score
Price kr14.85
GF Value kr12.67
Valuation Modestly Overvalued
! 4 Warning Signs
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What is CodeMill AB Interest Coverage?

CodeMill AB OSTO:CDMIL 73 Interest Coverage is 49.27 as of Mar. 2026, which is 236% above its 10-year median of 14.68. GuruFocus rates OSTO:CDMIL with a GF Score™ of 73/100 and a GF Value™ of kr12.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,704 Software companies, CodeMill AB ranks worse than 95.6% 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. CodeMill AB's Operating Income for the three months ended in Mar. 2026 was kr1.48 Mil. CodeMill AB's Interest Expense for the three months ended in Mar. 2026 was kr-0.03 Mil. CodeMill AB's interest coverage for the quarter that ended in Mar. 2026 was 49.27. The higher the ratio, the stronger the company's financial strength is.

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

OSTO:CDMIL' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 14.68   Max: 29.12
Current: 0.97


OSTO:CDMIL's Interest Coverage is ranked worse than
95.6% of 1704 companies
in the Software industry
Industry Median: 24.75 vs OSTO:CDMIL: 0.97

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


CodeMill AB  (OSTO:CDMIL) 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 .


CodeMill AB Interest Coverage Related Terms


CodeMill AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for CodeMill 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.

CodeMill AB Interest Coverage Chart

CodeMill AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 29.12 0.24

CodeMill AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.34 0.00 28.44 0.00 49.27

OSTO:CDMIL vs UBER, SHOP, CRM: Interest Coverage Comparison

For the Software - Application subindustry, CodeMill 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.


CodeMill AB Interest Coverage vs Software Industry

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

* The bar in red indicates where CodeMill AB's Interest Coverage falls into.


OSTO:CDMIL
73GF Score
CodeMill AB OSTO:CDMIL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CodeMill 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.

CodeMill 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, CodeMill AB's Interest Expense was kr-0.15 Mil. Its Operating Income was kr0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.036/-0.151
=0.24

CodeMill AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, CodeMill AB's Interest Expense was kr-0.03 Mil. Its Operating Income was kr1.48 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.478/-0.03
=49.27

* 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 49.27 mean?
CodeMill AB (OSTO:CDMIL) has a Interest Coverage of 49.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CodeMill AB and its competitors. This is 236% above median its historical median of 14.68. Over the past decade, CodeMill AB's Interest Coverage has ranged from 0.24 to 29.12. According to the industry distribution chart, CodeMill AB ranks #1629 out of 1704 companies in the Software industry, placing it in the top 95.6%.
Is CodeMill AB's Interest Coverage too high?
CodeMill AB's current Interest Coverage of 49.27 is 236% above median its 10-year median of 14.68. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 29.12. The Software industry median Interest Coverage is 24.75. CodeMill AB's value of 49.27 is 99.1% above this industry median. Based on the distribution chart, CodeMill AB ranks #1629 out of 1704 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CodeMill AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #1629 out of 1704 companies for Interest Coverage. This places CodeMill AB in the lower half of its industry. The industry median Interest Coverage is 24.75. CodeMill AB's value of 49.27 is 99.1% above this benchmark. Historically, CodeMill AB's own Interest Coverage has ranged from 0.24 to 29.12 over the past decade. While the company's 10-year median is 14.68 vs. the industry median of 24.75, CodeMill AB has consistently been above 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 24.75, based on 1,704 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. CodeMill AB's current Interest Coverage of 49.27 is 99.1% above 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 CodeMill AB and its competitors. For the Software industry, the median Interest Coverage is 24.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeMill AB's current Interest Coverage is 49.27, which is 236% above median its own 10-year median of 14.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.67, compared to a current price of kr14.85 — trading 17.2% above its estimated fair value. The current Interest Coverage is 49.27, which is 236% above median its 10-year median of 14.68 and 99.1% above the Software industry median of 24.75. CodeMill AB's overall GF Score™ is 73/100 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 CodeMill AB (OSTO:CDMIL), the current Interest Coverage is 49.27 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?

Based on GuruFocus' analysis, CodeMill AB stock appears to be overvalued. The current stock price of kr14.85 is trading 17.2% above its estimated GF Value™ of kr12.67. GuruFocus considers CodeMill AB to be Modestly Overvalued.

Key valuation signals for OSTO:CDMIL:

  • Interest Coverage: 49.27 (236% above median its 10-year median of 14.68)
  • GF Value™: kr12.67 vs. price of kr14.85 (17.2% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 99.1% above the Software median (#1629 of 1704)

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


CodeMill AB Business Description

Address Sodra Ersmarksgatan 7, Umea, SWE, 903 36
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
73GF Score

Get the complete analysis for OSTO:CDMIL

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

kr14.85
Price
kr12.67
GF Value