VQSSF (VIQ Solutions) Interest Coverage: 0.87 (As of Mar. 2026) — 625% Above Median


What is VIQ Solutions Interest Coverage?

VIQ Solutions VQSSF Interest Coverage is 0.87 as of Mar. 2026, which is 625% above its 10-year median of 0.12. The stock has 8 warning signs investors should review. Among 1,707 Software companies, VIQ Solutions ranks worse than 96.13% 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. VIQ Solutions's Operating Income for the three months ended in Mar. 2026 was $0.90 Mil. VIQ Solutions's Interest Expense for the three months ended in Mar. 2026 was $-1.04 Mil. VIQ Solutions's interest coverage for the quarter that ended in Mar. 2026 was 0.87. 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. VIQ Solutions 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 VIQ Solutions's Interest Coverage or its related term are showing as below:

VQSSF' s Interest Coverage Range Over the Past 10 Years
Min: 0.12   Med: 0.12   Max: 0.87
Current: 0.87


VQSSF's Interest Coverage is ranked worse than
96.13% of 1707 companies
in the Software industry
Industry Median: 24.65 vs VQSSF: 0.87

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


VIQ Solutions  (OTCPK:VQSSF) 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 .


VIQ Solutions Interest Coverage Related Terms


VIQ Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for VIQ Solutions'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.

VIQ Solutions Interest Coverage Chart

VIQ Solutions 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 0.00 0.00 0.00 0.00 0.12

VIQ Solutions Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 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 0.00 0.00 0.80 0.94 0.87

VQSSF vs CRM, SHOP, UBER: Interest Coverage Comparison

For the Software - Application subindustry, VIQ Solutions'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.


VIQ Solutions Interest Coverage vs Software Industry

For the Software industry and Technology sector, VIQ Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where VIQ Solutions's Interest Coverage falls into.



VIQ Solutions 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.

VIQ Solutions'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, VIQ Solutions's Interest Expense was $-3.80 Mil. Its Operating Income was $0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.76 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.44/-3.804
=0.12

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

Here, for the three months ended in Mar. 2026, VIQ Solutions's Interest Expense was $-1.04 Mil. Its Operating Income was $0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.66 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.898/-1.037
=0.87

* 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 0.87 mean?
VIQ Solutions (VQSSF) has a Interest Coverage of 0.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on VIQ Solutions and its competitors. This is 625% above median its historical median of 0.12. Over the past decade, VIQ Solutions' Interest Coverage has ranged from 0.12 to 0.87. According to the industry distribution chart, VIQ Solutions ranks #1641 out of 1707 companies in the Software industry, placing it in the top 96.1%.
Is VIQ Solutions' Interest Coverage too high?
VIQ Solutions' current Interest Coverage of 0.87 is 625% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.87. The Software industry median Interest Coverage is 24.65. VIQ Solutions' value of 0.87 is 96.5% below this industry median. Based on the distribution chart, VIQ Solutions ranks #1641 out of 1707 companies in the Software industry, which is in the bottom quartile relative to peers.
How does VIQ Solutions' Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, VIQ Solutions ranks #1641 out of 1707 companies for Interest Coverage. This places VIQ Solutions in the lower half of its industry. The industry median Interest Coverage is 24.65. VIQ Solutions' value of 0.87 is 96.5% below this benchmark. Historically, VIQ Solutions' own Interest Coverage has ranged from 0.12 to 0.87 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 24.65, VIQ Solutions 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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. VIQ Solutions's current Interest Coverage of 0.87 is 96.5% 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 VIQ Solutions and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIQ Solutions's current Interest Coverage is 0.87, which is 625% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (VQSSF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.08, compared to a current price of $0.05 — trading 42% below its estimated fair value. The current Interest Coverage is 0.87, which is 625% above median its 10-year median of 0.12 and 96.5% below the Software industry median of 24.65. 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 VIQ Solutions (VQSSF), the current Interest Coverage is 0.87 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.

VIQ Solutions Business Description

Other Exchanges VQS:Canada
Address 35 West Pearce Street, Unit 12 & 13, Richmond Hill, ON, CAN, L4B 3A9
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.