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
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SCHMID Group N.V. Class A Ordinary Shares (SHMD) | $255.14M | -0.14x | N/A | N/A | N/A |
| Ampco-Pittsburgh Corporation (AP)vs › | $257.54M | 0.53x | 0.79x | 0.70x | 0.92x |
| Kforce Inc. (KFRC)vs › | $855.94M | N/A | 8.10x | 20.27x | 20.27x |
| Upwork Inc. (UPWK)vs › | $1.05B | 184.72x | 104.44x | 104.44x | 104.44x |
| Ameresco, Inc. (AMRC)vs › | $1.52B | 1.46x | 1.49x | 2.28x | 3.10x |
| T1 Energy Inc (TE)vs › | $1.55B | -4.85x | 2.99x | 2.94x | 2.92x |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.87B | 14.06x | 11.53x | 9.22x | 7.98x |
| Preformed Line Products Company (PLPC)vs › | $1.88B | 42.24x | 32.55x | 27.05x | 24.75x |
| Werner Enterprises, Inc. (WERN)vs › | $2.58B | 1.79x | 1.74x | 9.01x | 26.65x |
| Teekay Tankers Ltd. (TNK)vs › | $2.62B | 74.24x | 62.56x | 38.06x | 31.00x |
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.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Christian Schmid