Midsummer

Midsummer Interest Coverage

The Interest Coverage Ratio of Midsummer (MIDS.ST) as of Nov 14, 2026 is -15.98. In the previous year, Interest Coverage Ratio was -8.20 — a change of 94.91% (lower).

Interest Coverage

-15.98

YoY

94.91%

Last updated:

Interest Coverage Ratio of Midsummer is 2024 -15.98 . Interest Coverage Ratio of Midsummer was 2023 -8.20 . It decreases by 94.91% lower compared to the previous year.

The Midsummer Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
46.91 SEK
Jan 1, 2018
34.60 SEK
Jan 1, 2019
-1.77 SEK
Jan 1, 2020
-4.13 SEK
Jan 1, 2021
-5.67 SEK
Jan 1, 2022
-22.65 SEK
Jan 1, 2023
-8.20 SEK
Jan 1, 2024
-15.98 SEK
The Midsummer Interest Coverage history
YEARInterest CoverageYoY
-15.98+94.91%
-8.20-63.79%
-22.65+299.32%
-5.67+37.24%
-4.13+134.10%
-1.77-105.10%
34.60-26.24%
46.91+249.40%
13.43—

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Midsummer Stock analysis

What does Midsummer do? Midsummer AB generates revenue by manufacturing and supplying solar energy technology solutions, specifically focusing on the production and installation of thin film solar panels. The company leverages its proprietary technology to create customized lightweight flexible solar panels that can be attached to various surfaces. These products are designed for applications such as floating modules, vehicles, landfills, portable power generation, and membrane roofs on structures like factories and offices that cannot support traditional glass modules. The company's product portfolio includes the DUO, which serves as mass production deposition equipment, and the UNO, a research and development tool available in different configurations. Process improvements developed for the UNO research tool are directly transferable to the DUO production tools, ensuring that advancements in R&D enhance the manufacturing capabilities. This integration allows Midsummer AB to offer efficient solutions for producing flexible solar technology. The primary customers for these solutions are entities requiring solar power for diverse applications, including industrial facilities, offices, and mobile or temporary structures. By providing both the equipment for mass production and specialized R&D tools, Midsummer AB supports the creation of solar panels tailored to specific structural and functional needs, thereby serving the renewable energy sector with its thin film technology. Midsummer is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Midsummer stock

Interest Coverage Ratio of Midsummer is -15.98 in 2024.

Interest Coverage Ratio of Midsummer changed from -8.20 to -15.98, representing a 94.91% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Midsummer since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Midsummer with sector peers and the industry average to assess whether it is attractive.

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Leverage — Midsummer

All Key Metrics — Midsummer