Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. NICO Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was MWK161,636 Mil. NICO Holdings's average total debt for the quarter that ended in Dec. 2025 was MWK132,741 Mil. Therefore, NICO Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 121.77%.
NICO Holdings (MSW:NICO) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
NICO Holdings Effective Interest Rate on Debt % Related Terms
NICO Holdings Effective Interest Rate on Debt % Historical Data
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The historical data trend for NICO Holdings's Effective Interest Rate on Debt % 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.
NICO Holdings Effective Interest Rate on Debt % Chart
NICO Holdings Annual Data
Trend
Dec20
Dec21
Dec22
Dec24
Dec25
Effective Interest Rate on Debt %
0.00
111.46
147.80
144.77
121.77
NICO Holdings Semi-Annual Data
Dec20
Dec21
Dec22
Dec24
Dec25
Effective Interest Rate on Debt %
0.00
111.46
147.80
144.77
121.77
MSW:NICO vs BRK.A, AIG, HIG: Effective Interest Rate on Debt % Comparison
For the Insurance - Diversified subindustry, NICO Holdings's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.
NICO Holdings Effective Interest Rate on Debt % vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where NICO Holdings's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is one times the annual (Dec. 2025) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
What does a Effective Interest Rate on Debt % of 121.77% mean?
NICO Holdings (MSW:NICO) has a Effective Interest Rate on Debt % of 121.77% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NICO Holdings and its competitors.
Is NICO Holdings' Effective Interest Rate on Debt % too high?
NICO Holdings' current Effective Interest Rate on Debt % is 121.77%. Overall, NICO Holdings has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' Effective Interest Rate on Debt % compare to BRK.A and AIG?
NICO Holdings' Effective Interest Rate on Debt % of 121.77% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Insurance company?
A good Effective Interest Rate on Debt % depends on the Insurance industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NICO Holdings and its competitors. NICO Holdings's current Effective Interest Rate on Debt % is 121.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICO Holdings stock overvalued right now?
Based on GuruFocus' analysis, NICO Holdings (MSW:NICO) is currently considered Modestly Overvalued. The stock's GF Value™ is MWK1,256.34, compared to a current price of MWK1,578.78 — trading 25.7% above its estimated fair value. The current Effective Interest Rate on Debt % is 121.77%. NICO Holdings' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current Effective Interest Rate on Debt % is 121.77% 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.
Is NICO Holdings (MSW:NICO) Overvalued in 2026?
Based on GuruFocus' analysis, NICO Holdings stock appears to be overvalued.
The current stock price of MWK1,578.78 is trading 25.7% above its estimated GF Value™ of MWK1,256.34.
GuruFocus considers NICO Holdings to be Modestly Overvalued.
Key valuation signals for MSW:NICO:
Effective Interest Rate on Debt %: 121.77%
GF Value™: MWK1,256.34 vs. price of MWK1,578.78 (25.7% above fair value)
No single metric tells the full story. See the MSW:NICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.
77GF Score
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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