FGNX (FG Nexus) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


FGNX FG Nexus Inc FGNX
40 GF Score
Price $5.64
GF Value $28.37
Valuation Possible Value Trap
! 3 Warning Signs
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What is FG Nexus Interest Coverage?

FG Nexus FGNX +4.78% 40 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates FGNX with a GF Score™ of 40/100 and a GF Value™ of $28.37 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 475 Asset Management companies, FG Nexus ranks worse than 210526.11% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. FG Nexus's Operating Income for the three months ended in Mar. 2026 was $-3.67 Mil. FG Nexus's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. FG Nexus has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for FG Nexus's Interest Coverage or its related term are showing as below:


FGNX's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 42.97
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


FG Nexus  (NAS:FGNX) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


FG Nexus Interest Coverage Related Terms


FG Nexus Interest Coverage Historical Data

* Premium members only.

The historical data trend for FG Nexus's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

FG Nexus Interest Coverage Chart

FG Nexus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 0.00 0.00 0.00

FG Nexus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 No Debt 0.00 No Debt

FGNX vs HERZ, TRLC, RAND: Interest Coverage Comparison

For the Asset Management subindustry, FG Nexus's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


FG Nexus Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FG Nexus's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FG Nexus's Interest Coverage falls into.


FGNX
40GF Score
FG Nexus Inc FGNX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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FG Nexus Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FG Nexus's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, FG Nexus's Interest Expense was $-0.13 Mil. Its Operating Income was $-19.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FG Nexus did not have earnings to cover the interest expense.

FG Nexus's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, FG Nexus's Interest Expense was $0.00 Mil. Its Operating Income was $-3.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FG Nexus had no debt (1).

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
FG Nexus (FGNX) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FG Nexus and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, FG Nexus ranks #999999 out of 475 companies in the Asset Management industry.
Is FG Nexus' Interest Coverage too high?
FG Nexus' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Based on the distribution chart, FG Nexus ranks #999999 out of 475 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FG Nexus has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FG Nexus' Interest Coverage compare to HERZ and TRLC?
According to the Asset Management industry distribution chart, FG Nexus ranks #999999 out of 475 companies for Interest Coverage. This places FG Nexus in the lower half of its industry. The industry median Interest Coverage is 42.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Asset Management company?
The median Interest Coverage among Asset Management companies is 42.97, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FG Nexus and its competitors. For the Asset Management industry, the median Interest Coverage is 42.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FG Nexus's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FG Nexus stock overvalued right now?
Based on GuruFocus' analysis, FG Nexus (FGNX) is currently considered Possible Value Trap. The stock's GF Value™ is $28.37, compared to a current price of $5.64 — trading 80.1% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. FG Nexus' overall GF Score™ is 40/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For FG Nexus (FGNX), the current Interest Coverage is No Debt (1) as of Mar. 2026. 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 FG Nexus (FGNX) Overvalued in 2026?

Based on GuruFocus' analysis, FG Nexus stock appears to be undervalued. The current stock price of $5.64 is trading 80.1% below its estimated GF Value™ of $28.37. GuruFocus considers FG Nexus to be Possible Value Trap.

Key valuation signals for FGNX:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: $28.37 vs. price of $5.64 (80.1% below fair value)
  • GF Score™: 40/100 with 3 warning signs

No single metric tells the full story. See the FGNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FG Nexus Business Description

Other Exchanges FGNXP.PFD:USA
Address 6408 Bannington Road, Charlotte, NC, USA, 28226
FG Nexus Inc operates through two primary segments: Digital Assets and Merchant Banking, with Digital Assets contributing the majority of revenue. The Company functions as a digital asset treasury, mainly holding Ethereum (ETH) and exploring opportunities in the tokenization of real-world assets, leveraging ETH as the foundation for digital finance, stablecoins, DeFi, and tokenized assets. The Merchant Banking segment offers strategic, administrative, and regulatory support to newly formed SPACs through the Company's SPAC platform.
40GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.64
Price
$28.37
GF Value