SanDiskTSX:SNDK -2.45%47 Interest Coverage is 694.00 as of Mar. 2026, which is 7069% above its 10-year median of 9.68. GuruFocus rates TSX:SNDK with a GF Score™ of 47/100. The stock has 3 warning signs investors should review. Among 1,671 Hardware companies, SanDisk ranks better than 71.15% 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. SanDisk's
Operating Income
for the
three
months ended in Mar. 2026 was C$5,713 Mil. SanDisk's Interest Expense for the
three
months ended in Mar. 2026 was C$-8 Mil.
SanDisk's interest coverage for the quarter that ended in Mar. 2026 was 694.00.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for SanDisk's Interest Coverage or its related term are showing as below:
TSX:SNDK'
s Interest Coverage Range Over the Past 10 Years
Min: 5.79 Med: 9.68 Max: 48.95
Current: 48.95
TSX:SNDK's Interest Coverage is ranked better than 71.15% of 1671
companies
in the Hardware industry
Industry Median: 13.79
vs TSX:SNDK: 48.95
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 .
SanDisk Interest Coverage Related Terms
SanDisk Interest Coverage Historical Data
* Premium members only.
The historical data trend for SanDisk'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:SNDK vs DELL, ANET, STX: Interest Coverage Comparison
For the Computer Hardware subindustry, SanDisk'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.
SanDisk Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, SanDisk's Interest Coverage distribution charts can be found below:
* The bar in red indicates where SanDisk'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.
SanDisk (TSX:SNDK) has a Interest Coverage of 694.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SanDisk and its competitors. This is 7069% above median its historical median of 9.68. Over the past decade, SanDisk's Interest Coverage has ranged from 5.79 to 48.95. According to the industry distribution chart, SanDisk ranks #482 out of 1671 companies in the Hardware industry, placing it in the top 28.8%.
Is SanDisk's Interest Coverage too high?
SanDisk's current Interest Coverage of 694.00 is 7069% above median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 48.95. The Hardware industry median Interest Coverage is 13.79. SanDisk's value of 694.00 is 4932.6% above this industry median. Based on the distribution chart, SanDisk ranks #482 out of 1671 companies in the Hardware industry, which is above the industry midpoint. Overall, SanDisk has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does SanDisk's Interest Coverage compare to DELL and ANET?
According to the Hardware industry distribution chart, SanDisk ranks #482 out of 1671 companies for Interest Coverage. This puts SanDisk in the upper half of its industry. The industry median Interest Coverage is 13.79. SanDisk's value of 694.00 is 4932.6% above this benchmark. Historically, SanDisk's own Interest Coverage has ranged from 5.79 to 48.95 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 13.79, SanDisk has consistently been above 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 13.79, based on 1,671 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. SanDisk's current Interest Coverage of 694.00 is 4932.6% above 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 SanDisk and its competitors. For the Hardware industry, the median Interest Coverage is 13.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanDisk's current Interest Coverage is 694.00, which is 7069% above median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SanDisk stock overvalued right now?
SanDisk (TSX:SNDK) has a current Interest Coverage of 694.00. The current Interest Coverage is 694.00, which is 7069% above median its 10-year median of 9.68 and 4932.6% above the Hardware industry median of 13.79. SanDisk's overall GF Score™ is 47/100 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 SanDisk (TSX:SNDK), the current Interest Coverage is 694.00 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.
Sandisk is one of the five largest suppliers of NAND flash memory semiconductors globally. Sandisk is vertically integrated, producing substantially all of its flash chips at manufacturing sites across Japan via a joint-venture framework with Kioxia. Sandisk then repackages most of its chips into SSDs for consumer electronics, external storage, or cloud storage. Sandisk was formerly a piece of Western Digital for nine years (after being acquired in 2016) and was spun off as an independent company in 2025.
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