SEAT (Vivid Seats) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


SEAT Vivid Seats Inc SEAT
58 GF Score
Price $6.39
GF Value $4.13
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Vivid Seats Interest Coverage?

Vivid Seats SEAT -2.60% 58 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates SEAT with a GF Score™ of 58/100 and a GF Value™ of $4.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 316 Interactive Media companies, Vivid Seats ranks worse than 316455.38% 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. Vivid Seats's Operating Income for the three months ended in Mar. 2026 was $-8.8 Mil. Vivid Seats's Interest Expense for the three months ended in Mar. 2026 was $-5.9 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 Vivid Seats's Interest Coverage or its related term are showing as below:


SEAT's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 38.305
* 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.


Vivid Seats  (NAS:SEAT) 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 .


Vivid Seats Interest Coverage Related Terms


Vivid Seats Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vivid Seats'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.

Vivid Seats Interest Coverage Chart

Vivid Seats Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 1.32 5.91 5.95 1.82 0.00

Vivid Seats 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 0.00 0.00 0.00 0.00 0.00

SEAT vs LVO, GIBO, UPXI: Interest Coverage Comparison

For the Internet Content & Information subindustry, Vivid Seats'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.


Vivid Seats Interest Coverage vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Seats's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vivid Seats's Interest Coverage falls into.


SEAT
58GF Score
Vivid Seats Inc SEAT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vivid Seats 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.

Vivid Seats'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, Vivid Seats's Interest Expense was $-23.7 Mil. Its Operating Income was $-56.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $399.9 Mil.

Vivid Seats did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Vivid Seats's Interest Expense was $-5.9 Mil. Its Operating Income was $-8.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $398.5 Mil.

Vivid Seats 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.

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 0 (At Loss) mean?
Vivid Seats (SEAT) 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 Vivid Seats and its competitors. According to the industry distribution chart, Vivid Seats ranks #999999 out of 316 companies in the Interactive Media industry.
Is Vivid Seats' Interest Coverage too high?
Vivid Seats' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Vivid Seats ranks #999999 out of 316 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Vivid Seats has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Seats' Interest Coverage compare to LVO and GIBO?
According to the Interactive Media industry distribution chart, Vivid Seats ranks #999999 out of 316 companies for Interest Coverage. This places Vivid Seats in the lower half of its industry. The industry median Interest Coverage is 38.31. 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 Interactive Media company?
The median Interest Coverage among Interactive Media companies is 38.31, based on 316 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 Vivid Seats and its competitors. For the Interactive Media industry, the median Interest Coverage is 38.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivid Seats'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 Vivid Seats stock overvalued right now?
Based on GuruFocus' analysis, Vivid Seats (SEAT) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.13, compared to a current price of $6.39 — trading 54.7% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Vivid Seats' overall GF Score™ is 58/100 with 6 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 Vivid Seats (SEAT), 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 Vivid Seats (SEAT) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Seats stock appears to be overvalued. The current stock price of $6.39 is trading 54.7% above its estimated GF Value™ of $4.13. GuruFocus considers Vivid Seats to be Significantly Overvalued.

Key valuation signals for SEAT:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $4.13 vs. price of $6.39 (54.7% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Vivid Seats Business Description

Address 24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602
Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry, providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada, and Japan. It operates in two segments: Marketplace, which generates maximum revenue, and Resale. The Marketplace segment acts as an intermediary between ticket buyers, sellers, and partners, earning revenue from processing ticket sales for live events and facilitating the booking of hotel rooms and packages on websites and mobile applications. The Resale segment acquires tickets to resell on secondary ticket marketplaces, including its own, and offers internal research and development support for Skybox.
58GF Score

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

$6.39
Price
$4.13
GF Value