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NIB HoldingsNIBHF 88 Debt-to-EBITDA is 0.92 as of Dec. 2025, which is 4% below its 10-year median of 0.96. GuruFocus rates NIBHF with a GF Score™ of 88/100. The stock has 8 warning signs investors should review. Among 322 Insurance companies, NIB Holdings ranks better than 59.63% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for NIB Holdings's Debt-to-EBITDA or its related term are showing as below:
NIBHF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.76 Med: 0.96 Max: 1.86
Current: 0.87
During the past 13 years, the highest Debt-to-EBITDA Ratio of NIB Holdings was 1.86. The lowest was 0.76. And the median was 0.96.
NIBHF's Debt-to-EBITDA is ranked better than 59.63% of 322
companies
in the Insurance industry
Industry Median: 1.185
vs NIBHF: 0.87
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
NIB Holdings Debt-to-EBITDA Related Terms
NIB Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for NIB Holdings's Debt-to-EBITDA 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.
For the Insurance - Specialty subindustry, NIB Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
NIB Holdings Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, NIB Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NIB Holdings's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
NIB Holdings (NIBHF) has a Debt-to-EBITDA of 0.92 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NIB Holdings. This is near median its historical median of 0.96. Over the past decade, NIB Holdings' Debt-to-EBITDA has ranged from 0.76 to 1.86. According to the industry distribution chart, NIB Holdings ranks #130 out of 322 companies in the Insurance industry, placing it in the top 40.4%.
Is NIB Holdings' Debt-to-EBITDA too high?
NIB Holdings' current Debt-to-EBITDA of 0.92 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.86. The Insurance industry median Debt-to-EBITDA is 1.19. NIB Holdings' value of 0.92 is 22.4% below this industry median. Based on the distribution chart, NIB Holdings ranks #130 out of 322 companies in the Insurance industry, which is above the industry midpoint. Overall, NIB Holdings has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does NIB Holdings' Debt-to-EBITDA compare to FNF and AXS?
According to the Insurance industry distribution chart, NIB Holdings ranks #130 out of 322 companies for Debt-to-EBITDA. This puts NIB Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 1.19. NIB Holdings' value of 0.92 is 22.4% below this benchmark. Historically, NIB Holdings' own Debt-to-EBITDA has ranged from 0.76 to 1.86 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.19, NIB Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 322 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIB Holdings's current Debt-to-EBITDA of 0.92 is 22.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NIB Holdings. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIB Holdings's current Debt-to-EBITDA is 0.92, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIB Holdings stock overvalued right now?
NIB Holdings (NIBHF) has a current Debt-to-EBITDA of 0.92. The current Debt-to-EBITDA is 0.92, which is near median its 10-year median of 0.96 and 22.4% below the Insurance industry median of 1.19. NIB Holdings' overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For NIB Holdings (NIBHF), the current Debt-to-EBITDA is 0.92 as of Dec. 2025. 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.
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.
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