Mips AB (CHIX:MIPSS) Interest Expense: kr-7.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:MIPSS Mips AB CHIX:MIPSS
75 GF Score
Price kr271.70
GF Value kr625.06
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mips AB Interest Expense?

Mips AB CHIX:MIPSS 75 Interest Expense is kr-7.0 Mil as of Mar. 2026. GuruFocus rates CHIX:MIPSS with a GF Score™ of 75/100 and a GF Value™ of kr625.06 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mips AB's interest expense for the three months ended in Mar. 2026 was kr -7.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr-7.0 Mil.

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. Mips AB's Operating Income for the three months ended in Mar. 2026 was kr 43.0 Mil. Mips AB's Interest Expense for the three months ended in Mar. 2026 was kr -7.0 Mil. Mips AB's Interest Coverage for the quarter that ended in Mar. 2026 was 6.14. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mips AB  (CHIX:MIPSs) Interest Expense Explanation

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. The higher, the better.

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

Mips AB's Interest Expense for the three months ended in Mar. 2026 was kr-7.0 Mil. Its Operating Income for the three months ended in Mar. 2026 was kr43.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was kr269.0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*43/-7
=6.14

* 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.


Mips AB Interest Expense Historical Data

* Premium members only.

The historical data trend for Mips AB's Interest Expense 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.

Mips AB Interest Expense Chart

Mips AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -1.00 -1.00 -1.00 0.00

Mips AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -7.00
CHIX:MIPSS
75GF Score
Mips AB CHIX:MIPSS
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mips AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-7.0 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of kr-7.0 Mil mean?
Mips AB (CHIX:MIPSS) has a Interest Expense of kr-7.0 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mips AB and its competitors.
Is Mips AB's Interest Expense too high?
Mips AB's current Interest Expense is kr-7.0 Mil. Overall, Mips AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's Interest Expense compare to AS and HAS?
Mips AB's Interest Expense of kr-7.0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mips AB and its competitors. Mips AB's current Interest Expense is kr-7.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (CHIX:MIPSS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr625.06, compared to a current price of kr271.70 — trading 56.5% below its estimated fair value. The current Interest Expense is kr-7.0 Mil. Mips AB's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mips AB (CHIX:MIPSS), the current Interest Expense is kr-7.0 Mil 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 Mips AB (CHIX:MIPSS) Overvalued in 2026?

Based on GuruFocus' analysis, Mips AB stock appears to be undervalued. The current stock price of kr271.70 is trading 56.5% below its estimated GF Value™ of kr625.06. GuruFocus considers Mips AB to be Significantly Undervalued.

Key valuation signals for CHIX:MIPSS:

  • Interest Expense: kr-7.0 Mil
  • GF Value™: kr625.06 vs. price of kr271.70 (56.5% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Mips AB Business Description

Address Kemistvagen 1B, Taby, Stockholm, SWE, 183 79
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
75GF Score

Get the complete analysis for CHIX:MIPSS

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

kr271.70
Price
kr625.06
GF Value