Provide IT Sweden AB (XSAT:PROVIT) Interest Coverage: 2.40 (As of Mar. 2026) — 100% Below Median


XSAT:PROVIT Provide IT Sweden AB XSAT:PROVIT
62 GF Score
Price kr0.54
GF Value kr1.22
Valuation Possible Value Trap
! 4 Warning Signs
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What is Provide IT Sweden AB Interest Coverage?

Provide IT Sweden AB XSAT:PROVIT 62 Interest Coverage is 2.40 as of Mar. 2026, which is 100% below its 10-year median of 997.90. GuruFocus rates XSAT:PROVIT with a GF Score™ of 62/100 and a GF Value™ of kr1.22 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,705 Software companies, Provide IT Sweden AB ranks worse than 58650.97% 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. Provide IT Sweden AB's Operating Income for the three months ended in Mar. 2026 was kr0.14 Mil. Provide IT Sweden AB's Interest Expense for the three months ended in Mar. 2026 was kr-0.06 Mil. Provide IT Sweden AB's interest coverage for the quarter that ended in Mar. 2026 was 2.40. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Provide IT Sweden AB's Interest Coverage or its related term are showing as below:


XSAT:PROVIT's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.78
* 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.


Provide IT Sweden AB  (XSAT:PROVIT) 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 .


Provide IT Sweden AB Interest Coverage Related Terms


Provide IT Sweden AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Provide IT Sweden AB'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.

Provide IT Sweden AB Interest Coverage Chart

Provide IT Sweden AB Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,815.00 1,589.00 6.71 0.00 0.00

Provide IT Sweden AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.00 0.00 2.40

XSAT:PROVIT vs UBER, SHOP, CRM: Interest Coverage Comparison

For the Software - Application subindustry, Provide IT Sweden AB'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.


Provide IT Sweden AB Interest Coverage vs Software Industry

For the Software industry and Technology sector, Provide IT Sweden AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Provide IT Sweden AB's Interest Coverage falls into.


XSAT:PROVIT
62GF Score
Provide IT Sweden AB XSAT:PROVIT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Provide IT Sweden AB 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.

Provide IT Sweden AB's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Provide IT Sweden AB's Interest Expense was kr-0.21 Mil. Its Operating Income was kr-2.40 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.83 Mil.

Provide IT Sweden AB did not have earnings to cover the interest expense.

Provide IT Sweden AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Provide IT Sweden AB's Interest Expense was kr-0.06 Mil. Its Operating Income was kr0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.83 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.139/-0.058
=2.40

* 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 2.40 mean?
Provide IT Sweden AB (XSAT:PROVIT) has a Interest Coverage of 2.40 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Provide IT Sweden AB and its competitors. This is 100% below median its historical median of 997.90. According to the industry distribution chart, Provide IT Sweden AB ranks #999999 out of 1705 companies in the Software industry.
Is Provide IT Sweden AB's Interest Coverage too high?
Provide IT Sweden AB's current Interest Coverage of 2.40 is 100% below median its 10-year median of 997.90. The Software industry median Interest Coverage is 24.78. Provide IT Sweden AB's value of 2.40 is 90.3% below this industry median. Based on the distribution chart, Provide IT Sweden AB ranks #999999 out of 1705 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Provide IT Sweden AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Provide IT Sweden AB's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Provide IT Sweden AB ranks #999999 out of 1705 companies for Interest Coverage. This places Provide IT Sweden AB in the lower half of its industry. The industry median Interest Coverage is 24.78. Provide IT Sweden AB's value of 2.40 is 90.3% below this benchmark. While the company's 10-year median is 997.90 vs. the industry median of 24.78, Provide IT Sweden AB 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 24.78, 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. Provide IT Sweden AB's current Interest Coverage of 2.40 is 90.3% 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 Provide IT Sweden AB 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. Provide IT Sweden AB's current Interest Coverage is 2.40, which is 100% below median its own 10-year median of 997.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provide IT Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, Provide IT Sweden AB (XSAT:PROVIT) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.22, compared to a current price of kr0.54 — trading 55.7% below its estimated fair value. The current Interest Coverage is 2.40, which is 100% below median its 10-year median of 997.90 and 90.3% below the Software industry median of 24.78. Provide IT Sweden AB's overall GF Score™ is 62/100 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 Provide IT Sweden AB (XSAT:PROVIT), the current Interest Coverage is 2.40 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 Provide IT Sweden AB (XSAT:PROVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Provide IT Sweden AB stock appears to be undervalued. The current stock price of kr0.54 is trading 55.7% below its estimated GF Value™ of kr1.22. GuruFocus considers Provide IT Sweden AB to be Possible Value Trap.

Key valuation signals for XSAT:PROVIT:

  • Interest Coverage: 2.40 (100% below median its 10-year median of 997.90)
  • GF Value™: kr1.22 vs. price of kr0.54 (55.7% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 90.3% below the Software median (#999999 of 1705)

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


Provide IT Sweden AB Business Description

Address Gotabergsgatan 20, Gothenburg, SWE, 41134
Provide IT Sweden AB is a digital production company. The company is engaged in the development of web and mobile applications. It provides websites, applications, portals, and e-commerce to national and foreign companies.
62GF Score

Get the complete analysis for XSAT:PROVIT

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

kr0.54
Price
kr1.22
GF Value