IDEX Biometrics ASA (OSL:IDEX) Financial Strength: 6 (As of Jun. 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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OSL:IDEX IDEX Biometrics ASA OSL:IDEX
34 GF Score
Price kr7.80
GF Value kr0.57
Valuation Significantly Overvalued
! 3 Warning Signs
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What is IDEX Biometrics ASA Financial Strength?

IDEX Biometrics ASA OSL:IDEX +5.41% 34 Financial Strength is 6 as of Jun. 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates OSL:IDEX with a GF Score™ of 34/100 and a GF Value™ of kr0.57 (Significantly Overvalued). The stock has 3 warning signs investors should review.

IDEX Biometrics ASA has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

IDEX Biometrics ASA did not have earnings to cover the interest expense. IDEX Biometrics ASA's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.00. As of today, IDEX Biometrics ASA's Altman Z-Score is 15.75.


IDEX Biometrics ASA  (OSL:IDEX) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

IDEX Biometrics ASA has the Financial Strength Rank of 6.


IDEX Biometrics ASA Financial Strength Related Terms


OSL:IDEX vs QH, SHOP, UBER: Financial Strength Comparison

For the Software - Application subindustry, IDEX Biometrics ASA's Financial Strength, along with its competitors' market caps and Financial Strength 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.


IDEX Biometrics ASA Financial Strength vs Software Industry

For the Software industry and Technology sector, IDEX Biometrics ASA's Financial Strength distribution charts can be found below:

* The bar in red indicates where IDEX Biometrics ASA's Financial Strength falls into.


OSL:IDEX
34GF Score
IDEX Biometrics ASA OSL:IDEX
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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IDEX Biometrics ASA Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.

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:

IDEX Biometrics ASA's Interest Expense for the months ended in Jun. 2026 was kr-0.94 Mil. Its Operating Income for the months ended in Jun. 2026 was kr-22.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr0.00 Mil.

IDEX Biometrics ASA's Interest Coverage for the quarter that ended in Jun. 2026 is

IDEX Biometrics ASA did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

IDEX Biometrics ASA's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 6.536
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

IDEX Biometrics ASA has a Z-score of 15.75, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 15.75 is strong.

* 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 Financial Strength →
What does a Financial Strength of 6 mean?
IDEX Biometrics ASA (OSL:IDEX) has a Financial Strength of 6 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on IDEX Biometrics ASA and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, IDEX Biometrics ASA's Financial Strength has ranged from 1.00 to 10.00.
Is IDEX Biometrics ASA's Financial Strength too high?
IDEX Biometrics ASA's current Financial Strength of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, IDEX Biometrics ASA has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IDEX Biometrics ASA's Financial Strength compare to QH and SHOP?
IDEX Biometrics ASA's Financial Strength of 6 can be compared against companies in the Software industry. Historically, IDEX Biometrics ASA's own Financial Strength has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Software company?
A good Financial Strength depends on the Software industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on IDEX Biometrics ASA and its competitors. IDEX Biometrics ASA's current Financial Strength is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX Biometrics ASA stock overvalued right now?
Based on GuruFocus' analysis, IDEX Biometrics ASA (OSL:IDEX) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.57, compared to a current price of kr7.80 — trading 1268.4% above its estimated fair value. The current Financial Strength is 6, which is 14% below median its 10-year median of 7.00. IDEX Biometrics ASA's overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For IDEX Biometrics ASA (OSL:IDEX), the current Financial Strength is 6 as of Jun. 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 IDEX Biometrics ASA (OSL:IDEX) Overvalued in 2026?

Based on GuruFocus' analysis, IDEX Biometrics ASA stock appears to be overvalued. The current stock price of kr7.80 is trading 1268.4% above its estimated GF Value™ of kr0.57. GuruFocus considers IDEX Biometrics ASA to be Significantly Overvalued.

Key valuation signals for OSL:IDEX:

  • Financial Strength: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: kr0.57 vs. price of kr7.80 (1268.4% above fair value)
  • GF Score™: 34/100 with 3 warning signs

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


IDEX Biometrics ASA Business Description

Other Exchanges IDXAF:USA0MTP:UKI8X:Germany
Address Henrik Ibsens gate 90, Oslo, NOR, 0255
IDEX Biometrics ASA develops and manufactures fingerprint biometric cards for access control, digital identity, and payment. Its products use fingerprint biometrics for user authentication and are designed for physical and digital access applications. The company serves banks, enterprises, and public sector organizations through direct sales and channel partners.
34GF Score

Get the complete analysis for OSL:IDEX

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

kr7.80
Price
kr0.57
GF Value