ML System (WAR:MLS) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


WAR:MLS ML System SA WAR:MLS
72 GF Score
Price zł14.70
GF Value zł22.93
Valuation Possible Value Trap
! 8 Warning Signs
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What is ML System Interest Coverage?

ML System WAR:MLS +0.41% 72 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates WAR:MLS with a GF Score™ of 72/100 and a GF Value™ of zł22.93 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 636 Semiconductors companies, ML System ranks worse than 157232.55% 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. ML System's Operating Income for the three months ended in Mar. 2026 was zł-5.15 Mil. ML System's Interest Expense for the three months ended in Mar. 2026 was zł-1.26 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 ML System's Interest Coverage or its related term are showing as below:


WAR:MLS's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.225
* Ranked among companies with meaningful Interest Coverage only.

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


ML System  (WAR:MLS) 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 .


ML System Interest Coverage Related Terms


ML System Interest Coverage Historical Data

* Premium members only.

The historical data trend for ML System'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.

ML System Interest Coverage Chart

ML System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.45 2.73 0.96 0.00 0.00

ML System Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.00 0.00

WAR:MLS vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, ML System'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.


ML System Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ML System's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ML System's Interest Coverage falls into.


WAR:MLS
72GF Score
ML System SA WAR:MLS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ML System 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.

ML System's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, ML System's Interest Expense was zł-10.43 Mil. Its Operating Income was zł-36.25 Mil. And its Long-Term Debt & Capital Lease Obligation was zł69.58 Mil.

ML System did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, ML System's Interest Expense was zł-1.26 Mil. Its Operating Income was zł-5.15 Mil. And its Long-Term Debt & Capital Lease Obligation was zł59.56 Mil.

ML System 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.

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 (At Loss) mean?
ML System (WAR:MLS) 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 ML System and its competitors. According to the industry distribution chart, ML System ranks #999999 out of 636 companies in the Semiconductors industry.
Is ML System's Interest Coverage too high?
ML System's current Interest Coverage is 0 (At Loss). Based on the distribution chart, ML System ranks #999999 out of 636 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, ML System has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ML System's Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, ML System ranks #999999 out of 636 companies for Interest Coverage. This places ML System in the lower half of its industry. The industry median Interest Coverage is 20.23. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 636 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 ML System and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ML System'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 ML System stock overvalued right now?
Based on GuruFocus' analysis, ML System (WAR:MLS) is currently considered Possible Value Trap. The stock's GF Value™ is zł22.93, compared to a current price of zł14.70 — trading 35.9% below its estimated fair value. The current Interest Coverage is 0 (At Loss). ML System's overall GF Score™ is 72/100 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 ML System (WAR:MLS), 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 ML System (WAR:MLS) Overvalued in 2026?

Based on GuruFocus' analysis, ML System stock appears to be undervalued. The current stock price of zł14.70 is trading 35.9% below its estimated GF Value™ of zł22.93. GuruFocus considers ML System to be Possible Value Trap.

Key valuation signals for WAR:MLS:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: zł22.93 vs. price of zł14.70 (35.9% below fair value)
  • GF Score™: 72/100 with 8 warning signs

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


ML System Business Description

Address Zaczernie 190 G, Zaczernie, POL, 36-062
ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems.
72GF Score

Get the complete analysis for WAR:MLS

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

zł14.70
Price
zł22.93
GF Value