Nord Insuretech Group AB (NGM:NORDIG) Effective Interest Rate on Debt %: 2.50% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:NORDIG Nord Insuretech Group AB NGM:NORDIG
19 GF Score
Price kr0.70
! 8 Warning Signs
View Full Analysis

What is Nord Insuretech Group AB Effective Interest Rate on Debt %?

Nord Insuretech Group AB NGM:NORDIG 19 Effective Interest Rate on Debt % is 2.50% as of Dec. 2025. GuruFocus rates NGM:NORDIG with a GF Score™ of 19/100. The stock has 8 warning signs investors should review.

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. Nord Insuretech Group AB's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was kr0.20 Mil. Nord Insuretech Group AB's average total debt for the quarter that ended in Dec. 2025 was kr7.93 Mil. Therefore, Nord Insuretech Group AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 2.50%.


Nord Insuretech Group AB  (NGM:NORDIG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Nord Insuretech Group AB Effective Interest Rate on Debt % Related Terms


Nord Insuretech Group AB Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Nord Insuretech Group AB'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.

Nord Insuretech Group AB Effective Interest Rate on Debt % Chart

Nord Insuretech Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 18.76 0.68 8.99 4.97 5.17

Nord Insuretech Group AB Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.89 5.19 2.68 8.08 2.50

NGM:NORDIG vs QH, SHOP, UBER: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Nord Insuretech Group AB'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.


Nord Insuretech Group AB Effective Interest Rate on Debt % vs Software Industry

For the Software industry and Technology sector, Nord Insuretech Group AB's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nord Insuretech Group AB's Effective Interest Rate on Debt % falls into.


NGM:NORDIG
19GF Score
Nord Insuretech Group AB NGM:NORDIG
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nord Insuretech Group AB Effective Interest Rate on Debt % Calculation

Nord Insuretech Group AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.989/( (32.034+6.23)/ 2 )
=-1  *  -0.989/19.132
=5.17 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.675 + 30.359
=32.034

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.114 + 5.116
=6.23

Nord Insuretech Group AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -0.198/( (9.628+6.23)/ 2 )
=-1  *  -0.198/7.929
=2.50 %

where

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.164 + 8.464
=9.628

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.114 + 5.116
=6.23

* 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 two times the semi-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 2.50% mean?
Nord Insuretech Group AB (NGM:NORDIG) has a Effective Interest Rate on Debt % of 2.50% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nord Insuretech Group AB and its competitors.
Is Nord Insuretech Group AB's Effective Interest Rate on Debt % too high?
Nord Insuretech Group AB's current Effective Interest Rate on Debt % is 2.50%. Overall, Nord Insuretech Group AB has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nord Insuretech Group AB's Effective Interest Rate on Debt % compare to QH and SHOP?
Nord Insuretech Group AB's Effective Interest Rate on Debt % of 2.50% can be compared against companies in the Software 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 a Software company?
A good Effective Interest Rate on Debt % depends on the Software 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 Nord Insuretech Group AB and its competitors. Nord Insuretech Group AB's current Effective Interest Rate on Debt % is 2.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nord Insuretech Group AB stock overvalued right now?
Nord Insuretech Group AB (NGM:NORDIG) has a current Effective Interest Rate on Debt % of 2.50%. The current Effective Interest Rate on Debt % is 2.50%. Nord Insuretech Group AB's overall GF Score™ is 19/100 with 8 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 Nord Insuretech Group AB (NGM:NORDIG), the current Effective Interest Rate on Debt % is 2.50% 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.

Nord Insuretech Group AB Business Description

Address Industrigatan 4A, Stockholm, SWE, 112 46
Nord Insuretech Group AB is a operator of digital platform. It delivers next-generation integrated insurance in the Nordic region. The company distributes its services through partners who can then sell various insurance products to end customers through the company's digital platform.
19GF Score

Get the complete analysis for NGM:NORDIG

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.70
Price