TRCK (Track Group) Interest Coverage: 0.67 (As of Mar. 2026) — 19% Below Median


TRCK Track Group Inc TRCK
22 GF Score
Price $0.81
GF Value $0.27
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Track Group Interest Coverage?

Track Group TRCK 22 Interest Coverage is 0.67 as of Mar. 2026, which is 19% below its 10-year median of 0.83. GuruFocus rates TRCK with a GF Score™ of 22/100 and a GF Value™ of $0.27 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,672 Hardware companies, Track Group ranks worse than 96.59% 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. Track Group's Operating Income for the three months ended in Mar. 2026 was $0.41 Mil. Track Group's Interest Expense for the three months ended in Mar. 2026 was $-0.61 Mil. Track Group's interest coverage for the quarter that ended in Mar. 2026 was 0.67. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Track Group Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

TRCK' s Interest Coverage Range Over the Past 10 Years
Min: 0.48   Med: 0.83   Max: 2.15
Current: 0.67


TRCK's Interest Coverage is ranked worse than
96.59% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs TRCK: 0.67

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


Track Group  (OTCPK:TRCK) 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 .


Track Group Interest Coverage Related Terms


Track Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Track Group'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.

Track Group Interest Coverage Chart

Track Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 0.00 0.00 0.00 0.56

Track Group 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 0.08 1.32 0.51 0.25 0.67

TRCK vs ELSE, AATC, ARAI: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Track Group'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.


Track Group Interest Coverage vs Hardware Industry

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

* The bar in red indicates where Track Group's Interest Coverage falls into.


TRCK
22GF Score
Track Group Inc TRCK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Track Group 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.

Track Group's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Track Group's Interest Expense was $-2.34 Mil. Its Operating Income was $1.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $43.25 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*1.311/-2.338
=0.56

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

Here, for the three months ended in Mar. 2026, Track Group's Interest Expense was $-0.61 Mil. Its Operating Income was $0.41 Mil. And its Long-Term Debt & Capital Lease Obligation was $43.18 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.41/-0.612
=0.67

* 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 0.67 mean?
Track Group (TRCK) has a Interest Coverage of 0.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Track Group and its competitors. This is 19% below median its historical median of 0.83. Over the past decade, Track Group's Interest Coverage has ranged from 0.48 to 2.15. According to the industry distribution chart, Track Group ranks #1615 out of 1672 companies in the Hardware industry, placing it in the top 96.6%.
Is Track Group's Interest Coverage too high?
Track Group's current Interest Coverage of 0.67 is 19% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.15. The Hardware industry median Interest Coverage is 13.73. Track Group's value of 0.67 is 95.1% below this industry median. Based on the distribution chart, Track Group ranks #1615 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Track Group has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Interest Coverage compare to ELSE and AATC?
According to the Hardware industry distribution chart, Track Group ranks #1615 out of 1672 companies for Interest Coverage. This places Track Group in the lower half of its industry. The industry median Interest Coverage is 13.73. Track Group's value of 0.67 is 95.1% below this benchmark. Historically, Track Group's own Interest Coverage has ranged from 0.48 to 2.15 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 13.73, Track Group 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 13.73, 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. Track Group's current Interest Coverage of 0.67 is 95.1% 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 Track Group 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. Track Group's current Interest Coverage is 0.67, which is 19% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.81 — trading 201.5% above its estimated fair value. The current Interest Coverage is 0.67, which is 19% below median its 10-year median of 0.83 and 95.1% below the Hardware industry median of 13.73. Track Group's overall GF Score™ is 22/100 with 8 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 Track Group (TRCK), the current Interest Coverage is 0.67 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 Track Group (TRCK) Overvalued in 2026?

Based on GuruFocus' analysis, Track Group stock appears to be overvalued. The current stock price of $0.81 is trading 201.5% above its estimated GF Value™ of $0.27. GuruFocus considers Track Group to be Significantly Overvalued.

Key valuation signals for TRCK:

  • Interest Coverage: 0.67 (19% below median its 10-year median of 0.83)
  • GF Value™: $0.27 vs. price of $0.81 (201.5% above fair value)
  • GF Score™: 22/100 with 8 warning signs
  • Industry Position: 95.1% below the Hardware median (#1615 of 1672)

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


Track Group Business Description

Other Exchanges G7F2:Germany
Address 200 E. 5th Avenue, Suite 100, Naperville, IL, USA, 60563
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
22GF Score

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

$0.81
Price
$0.27
GF Value