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. Haivision Systems's
Operating Income
for the
three
months ended in Apr. 2026 was C$-3.1 Mil. Haivision Systems's Interest Expense for the
three
months ended in Apr. 2026 was C$-0.2 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 Haivision Systems's Interest Coverage or its related term are showing as below:
TSX:HAI'
s Interest Coverage Range Over the Past 10 Years
Min: 0.49 Med: 5.22 Max: 29.08
Current: 0.81
TSX:HAI's Interest Coverage is ranked worse than 96.66% of 1705
companies
in the Software industry
Industry Median: 24.78
vs TSX:HAI: 0.81
Haivision Systems (TSX:HAI) 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 .
Haivision Systems Interest Coverage Related Terms
Haivision Systems Interest Coverage Historical Data
* Premium members only.
The historical data trend for Haivision Systems'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.
TSX:HAI vs MSFT, ORCL, PLTR: Interest Coverage Comparison
For the Software - Infrastructure subindustry, Haivision Systems'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.
Haivision Systems Interest Coverage vs Software Industry
For the Software industry and Technology sector, Haivision Systems's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Haivision Systems'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:
Haivision Systems 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?
Haivision Systems (TSX:HAI) has a Interest Coverage of 0 (At Loss) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Haivision Systems and its competitors. Over the past decade, Haivision Systems' Interest Coverage has ranged from 0.49 to 29.08. According to the industry distribution chart, Haivision Systems ranks #1648 out of 1705 companies in the Software industry, placing it in the top 96.7%.
Is Haivision Systems' Interest Coverage too high?
Haivision Systems' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 29.08. Based on the distribution chart, Haivision Systems ranks #1648 out of 1705 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Haivision Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haivision Systems' Interest Coverage compare to MSFT and ORCL?
According to the Software industry distribution chart, Haivision Systems ranks #1648 out of 1705 companies for Interest Coverage. This places Haivision Systems in the lower half of its industry. The industry median Interest Coverage is 24.78. Historically, Haivision Systems' own Interest Coverage has ranged from 0.49 to 29.08 over the past decade. 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 24.78, based on 1,705 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 Haivision Systems and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haivision Systems'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 Haivision Systems stock overvalued right now?
Based on GuruFocus' analysis, Haivision Systems (TSX:HAI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.16, compared to a current price of C$4.44 — trading 14% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Haivision Systems' overall GF Score™ is 85/100 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 Haivision Systems (TSX:HAI), the current Interest Coverage is 0 (At Loss) as of Apr. 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 Haivision Systems (TSX:HAI) Overvalued in 2026?
Based on GuruFocus' analysis, Haivision Systems stock appears to be undervalued.
The current stock price of C$4.44 is trading 14% below its estimated GF Value™ of C$5.16.
GuruFocus considers Haivision Systems to be Modestly Undervalued.
Key valuation signals for TSX:HAI:
Interest Coverage: 0 (At Loss)
GF Value™: C$5.16 vs. price of C$4.44 (14% below fair value)
No single metric tells the full story. See the TSX:HAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.
85GF Score
Get the complete analysis for TSX:HAI
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