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. Lightspeed Commerce's
Operating Income
for the
three
months ended in Mar. 2026 was C$-47 Mil. Lightspeed Commerce's Interest Expense for the
three
months ended in Mar. 2026 was C$16 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 Lightspeed Commerce's Interest Coverage or its related term are showing as below:
TSX:LSPD's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.62 * Ranked among companies with meaningful Interest Coverage only.
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 .
Lightspeed Commerce Interest Coverage Related Terms
Lightspeed Commerce Interest Coverage Historical Data
* Premium members only.
The historical data trend for Lightspeed Commerce'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:LSPD vs UBER, SHOP, CRM: Interest Coverage Comparison
For the Software - Application subindustry, Lightspeed Commerce'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.
Lightspeed Commerce Interest Coverage vs Software Industry
For the Software industry and Technology sector, Lightspeed Commerce's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Lightspeed Commerce'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:
* 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?
Lightspeed Commerce (TSX:LSPD) 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 Lightspeed Commerce and its competitors. According to the industry distribution chart, Lightspeed Commerce ranks #999999 out of 1713 companies in the Software industry.
Is Lightspeed Commerce's Interest Coverage too high?
Lightspeed Commerce's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Lightspeed Commerce ranks #999999 out of 1713 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Lightspeed Commerce has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Lightspeed Commerce ranks #999999 out of 1713 companies for Interest Coverage. This places Lightspeed Commerce in the lower half of its industry. The industry median Interest Coverage is 24.62. 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 24.62, based on 1,713 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 Lightspeed Commerce and its competitors. For the Software industry, the median Interest Coverage is 24.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightspeed Commerce'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 Lightspeed Commerce stock overvalued right now?
Based on GuruFocus' analysis, Lightspeed Commerce (TSX:LSPD) is currently considered Significantly Undervalued. The stock's GF Value™ is C$28.57, compared to a current price of C$14.59 — trading 48.9% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Lightspeed Commerce's overall GF Score™ is 68/100 with 1 warning sign 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 Lightspeed Commerce (TSX:LSPD), 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 Lightspeed Commerce (TSX:LSPD) Overvalued in 2026?
Based on GuruFocus' analysis, Lightspeed Commerce stock appears to be undervalued.
The current stock price of C$14.59 is trading 48.9% below its estimated GF Value™ of C$28.57.
GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.
Key valuation signals for TSX:LSPD:
Interest Coverage: 0 (At Loss)
GF Value™: C$28.57 vs. price of C$14.59 (48.9% below fair value)
No single metric tells the full story. See the TSX:LSPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lightspeed Commerce Inc is a one-stop commerce platform providing its customers with the critical functionalities needed to engage with consumers, manage their operations, order their inventory, accept payments, and run their business. It has customers globally in over 100 countries, empowering single- and multi-location small and medium-sized businesses to compete in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Its products are divided into retail, restaurant, and golf categories. Geographically, it operates in Canada, the United States, the United Kingdom, Switzerland, Germany, and Others with the majority of revenue deriving from Canada.
68GF Score
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