Ceragon Networks (STU:GGN) Interest Coverage: 0.92 (As of Mar. 2026) — 77% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:GGN Ceragon Networks Ltd STU:GGN
65 GF Score
Price €1.98
GF Value €1.90
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ceragon Networks Interest Coverage?

Ceragon Networks STU:GGN -1.88% 65 Interest Coverage is 0.92 as of Mar. 2026, which is 77% below its 10-year median of 3.94. GuruFocus rates STU:GGN with a GF Score™ of 65/100 and a GF Value™ of €1.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,678 Hardware companies, Ceragon Networks ranks worse than 93.5% 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. Ceragon Networks's Operating Income for the three months ended in Mar. 2026 was €2.3 Mil. Ceragon Networks's Interest Expense for the three months ended in Mar. 2026 was €-2.5 Mil. Ceragon Networks's interest coverage for the quarter that ended in Mar. 2026 was 0.92. The higher the ratio, the stronger the company's financial strength is.

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

STU:GGN' s Interest Coverage Range Over the Past 10 Years
Min: 1.03   Med: 3.94   Max: 7
Current: 1.2


STU:GGN's Interest Coverage is ranked worse than
93.5% of 1678 companies
in the Hardware industry
Industry Median: 13.645 vs STU:GGN: 1.20

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


Ceragon Networks  (STU:GGN) 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 .


Ceragon Networks Interest Coverage Related Terms


Ceragon Networks Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ceragon Networks'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.

Ceragon Networks Interest Coverage Chart

Ceragon Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.00 3.08 7.00 2.20

Ceragon Networks 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 N/A 0.84 1.27 19.26 0.92

STU:GGN vs SILC, LTRX, AMPG: Interest Coverage Comparison

For the Communication Equipment subindustry, Ceragon Networks'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.


Ceragon Networks Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Ceragon Networks's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ceragon Networks's Interest Coverage falls into.


STU:GGN
65GF Score
Ceragon Networks Ltd STU:GGN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceragon Networks 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.

Ceragon Networks'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, Ceragon Networks's Interest Expense was €-4.3 Mil. Its Operating Income was €9.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €11.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*9.437/-4.299
=2.20

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

Here, for the three months ended in Mar. 2026, Ceragon Networks's Interest Expense was €-2.5 Mil. Its Operating Income was €2.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €10.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2.271/-2.47
=0.92

* 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 0.92 mean?
Ceragon Networks (STU:GGN) has a Interest Coverage of 0.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ceragon Networks and its competitors. This is 77% below median its historical median of 3.94. Over the past decade, Ceragon Networks' Interest Coverage has ranged from 1.03 to 7.00. According to the industry distribution chart, Ceragon Networks ranks #1569 out of 1678 companies in the Hardware industry, placing it in the top 93.5%.
Is Ceragon Networks' Interest Coverage too high?
Ceragon Networks' current Interest Coverage of 0.92 is 77% below median its 10-year median of 3.94. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 7.00. The Hardware industry median Interest Coverage is 13.65. Ceragon Networks' value of 0.92 is 93.3% below this industry median. Based on the distribution chart, Ceragon Networks ranks #1569 out of 1678 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ceragon Networks has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ceragon Networks' Interest Coverage compare to SILC and LTRX?
According to the Hardware industry distribution chart, Ceragon Networks ranks #1569 out of 1678 companies for Interest Coverage. This places Ceragon Networks in the lower half of its industry. The industry median Interest Coverage is 13.65. Ceragon Networks' value of 0.92 is 93.3% below this benchmark. Historically, Ceragon Networks' own Interest Coverage has ranged from 1.03 to 7.00 over the past decade. While the company's 10-year median is 3.94 vs. the industry median of 13.65, Ceragon Networks 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 a Hardware company?
The median Interest Coverage among Hardware companies is 13.65, based on 1,678 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. Ceragon Networks's current Interest Coverage of 0.92 is 93.3% 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 Ceragon Networks and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceragon Networks's current Interest Coverage is 0.92, which is 77% below median its own 10-year median of 3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceragon Networks stock overvalued right now?
Based on GuruFocus' analysis, Ceragon Networks (STU:GGN) is currently considered Fairly Valued. The stock's GF Value™ is €1.90, compared to a current price of €1.98 — trading 4.3% above its estimated fair value. The current Interest Coverage is 0.92, which is 77% below median its 10-year median of 3.94 and 93.3% below the Hardware industry median of 13.65. Ceragon Networks' overall GF Score™ is 65/100 with 3 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 Ceragon Networks (STU:GGN), the current Interest Coverage is 0.92 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 Ceragon Networks (STU:GGN) Overvalued in 2026?

Based on GuruFocus' analysis, Ceragon Networks stock appears to be overvalued. The current stock price of €1.98 is trading 4.3% above its estimated GF Value™ of €1.90. GuruFocus considers Ceragon Networks to be Fairly Valued.

Key valuation signals for STU:GGN:

  • Interest Coverage: 0.92 (77% below median its 10-year median of 3.94)
  • GF Value™: €1.90 vs. price of €1.98 (4.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 93.3% below the Hardware median (#1569 of 1678)

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


Ceragon Networks Business Description

Other Exchanges CRNT:USA
Address 3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, ISR, 4810002
Ceragon Networks Ltd is a wireless transport specialist, providing wireless connectivity solutions to markets globally across various industries, including wireless (mobile) network service providers and private networks, enabling them to build new networks and evolve networks towards 4G and 5G services. Its portfolio mainly comprises the IP-20 and IP-50 product series, including integrated multi-technology radio units operating across frequencies from 4 GHz to 86 GHz, as well as single-radio devices used for wireless data transport. Additionally, the company offers turnkey services including: network and radio planning, site survey, installation, network auditing and optimization, and more. Geographically, it derives maximum revenue from India, followed by North America and other regions.
65GF Score

Get the complete analysis for STU:GGN

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

€1.98
Price
€1.90
GF Value