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SCHMID Group N.V. Class A Ordinary Shares (SHMD)
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SCHMID Group N.V. Class A Ordinary Shares (SHMD) Interest Coverage Ratio: -0.14x

The interest coverage ratio for SCHMID Group N.V. Class A Ordinary Shares (SHMD) is -0.14x as of Monday, June 15, 2026.

SHMD Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

-0.14x

SHMD Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
SCHMID Group N.V. Class A Ordinary Shares (SHMD)$255.14M-0.14xN/AN/AN/A
Ampco-Pittsburgh Corporation (AP)vs ›$257.54M0.53x0.79x0.70x0.92x
Kforce Inc. (KFRC)vs ›$855.94MN/A8.10x20.27x20.27x
Upwork Inc. (UPWK)vs ›$1.05B184.72x104.44x104.44x104.44x
Ameresco, Inc. (AMRC)vs ›$1.52B1.46x1.49x2.28x3.10x
T1 Energy Inc (TE)vs ›$1.55B-4.85x2.99x2.94x2.92x
Enerpac Tool Group Corp. (EPAC)vs ›$1.87B14.06x11.53x9.22x7.98x
Preformed Line Products Company (PLPC)vs ›$1.88B42.24x32.55x27.05x24.75x
Werner Enterprises, Inc. (WERN)vs ›$2.58B1.79x1.74x9.01x26.65x
Teekay Tankers Ltd. (TNK)vs ›$2.62B74.24x62.56x38.06x31.00x

Financial Health Indicators

Interest Coverage

-0.1x

Debt/Equity

-0.99

Current Ratio

0.37

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

SCHMID Group N.V. Class A Ordinary Shares Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

SCHMID Group N.V. Class A Ordinary Shares Interest Coverage Ratio FAQ

What is the interest coverage ratio for SCHMID Group N.V. Class A Ordinary Shares (SHMD)?
The interest coverage ratio for SHMD stock is -0.14x.

About SCHMID Group N.V. Class A Ordinary Shares

SCHMID Group N.V. designs and manufactures specialized equipment and comprehensive process solutions for critical sectors such as electronics, solar energy, glass production, and power systems. The company operates globally, with its roots in Germany. Its extensive offerings for the electronics industry include everything from advanced equipment and ET board technology to vertical and horizontal wet processing, vacuum metallization, plating, chemical mechanical polishing, and sophisticated automation systems. For the photovoltaic sector, SCHMID Group provides full-spectrum systems and process technologies for manufacturing and processing solar components like wafers, cells, modules, and thin films, extending to complete, ready-to-operate production lines. Beyond its primary products, the firm is committed to client support, offering maintenance, post-sales assistance, tailored customer training, on-site services, and the provision of essential spare parts. Established in Freudenstadt, Germany, in 1864, the company boasts a long-standing history.

Freudenstadt
800 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
Christian Schmid