Premium Snacks Nordic AB (FRA:N3K) Interest Coverage: 14.70 (As of Mar. 2026) — 500% Above Median

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FRA:N3K Premium Snacks Nordic AB FRA:N3K
78 GF Score
Price €2.97
GF Value €2.28
Valuation Modestly Overvalued
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What is Premium Snacks Nordic AB Interest Coverage?

Premium Snacks Nordic AB FRA:N3K -0.17% 78 Interest Coverage is 14.70 as of Mar. 2026, which is 500% above its 10-year median of 2.45. GuruFocus rates FRA:N3K with a GF Score™ of 78/100 and a GF Value™ of €2.28 (Modestly Overvalued). Among 1,514 Consumer Packaged Goods companies, Premium Snacks Nordic AB ranks better than 59.84% 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. Premium Snacks Nordic AB's Operating Income for the three months ended in Mar. 2026 was €0.65 Mil. Premium Snacks Nordic AB's Interest Expense for the three months ended in Mar. 2026 was €-0.04 Mil. Premium Snacks Nordic AB's interest coverage for the quarter that ended in Mar. 2026 was 14.70. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Premium Snacks Nordic AB's Interest Coverage or its related term are showing as below:

FRA:N3K' s Interest Coverage Range Over the Past 10 Years
Min: 1.61   Med: 2.45   Max: 14.88
Current: 14.88


FRA:N3K's Interest Coverage is ranked better than
59.84% of 1514 companies
in the Consumer Packaged Goods industry
Industry Median: 8.64 vs FRA:N3K: 14.88

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


Premium Snacks Nordic AB  (FRA:N3K) 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 .


Premium Snacks Nordic AB Interest Coverage Related Terms


Premium Snacks Nordic AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Premium Snacks Nordic AB'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.

Premium Snacks Nordic AB Interest Coverage Chart

Premium Snacks Nordic AB 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 2.35 0.00 1.63 6.35 13.21

Premium Snacks Nordic AB 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 9.39 24.52 12.23 9.91 14.70

FRA:N3K vs KHC, GIS, HRL: Interest Coverage Comparison

For the Packaged Foods subindustry, Premium Snacks Nordic AB'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.


Premium Snacks Nordic AB Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Snacks Nordic AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Premium Snacks Nordic AB's Interest Coverage falls into.


FRA:N3K
78GF Score
Premium Snacks Nordic AB FRA:N3K
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premium Snacks Nordic AB 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.

Premium Snacks Nordic AB'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, Premium Snacks Nordic AB's Interest Expense was €-0.23 Mil. Its Operating Income was €3.08 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.77 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3.079/-0.233
=13.21

Premium Snacks Nordic AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Premium Snacks Nordic AB's Interest Expense was €-0.04 Mil. Its Operating Income was €0.65 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.65 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.647/-0.044
=14.70

* 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 14.70 mean?
Premium Snacks Nordic AB (FRA:N3K) has a Interest Coverage of 14.70 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Premium Snacks Nordic AB and its competitors. This is 500% above median its historical median of 2.45. Over the past decade, Premium Snacks Nordic AB's Interest Coverage has ranged from 1.61 to 14.88. According to the industry distribution chart, Premium Snacks Nordic AB ranks #608 out of 1514 companies in the Consumer Packaged Goods industry, placing it in the top 40.2%.
Is Premium Snacks Nordic AB's Interest Coverage too high?
Premium Snacks Nordic AB's current Interest Coverage of 14.70 is 500% above median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 14.88. The Consumer Packaged Goods industry median Interest Coverage is 8.64. Premium Snacks Nordic AB's value of 14.70 is 70.1% above this industry median. Based on the distribution chart, Premium Snacks Nordic AB ranks #608 out of 1514 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Premium Snacks Nordic AB has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premium Snacks Nordic AB's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Premium Snacks Nordic AB ranks #608 out of 1514 companies for Interest Coverage. This puts Premium Snacks Nordic AB in the upper half of its industry. The industry median Interest Coverage is 8.64. Premium Snacks Nordic AB's value of 14.70 is 70.1% above this benchmark. Historically, Premium Snacks Nordic AB's own Interest Coverage has ranged from 1.61 to 14.88 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 8.64, Premium Snacks Nordic AB has consistently been above 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 Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,514 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. Premium Snacks Nordic AB's current Interest Coverage of 14.70 is 70.1% above 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 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 Premium Snacks Nordic AB and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premium Snacks Nordic AB's current Interest Coverage is 14.70, which is 500% above median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Snacks Nordic AB stock overvalued right now?
Based on GuruFocus' analysis, Premium Snacks Nordic AB (FRA:N3K) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.28, compared to a current price of €2.97 — trading 30% above its estimated fair value. The current Interest Coverage is 14.70, which is 500% above median its 10-year median of 2.45 and 70.1% above the Consumer Packaged Goods industry median of 8.64. Premium Snacks Nordic AB's overall GF Score™ is 78/100. 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 Premium Snacks Nordic AB (FRA:N3K), the current Interest Coverage is 14.70 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 Premium Snacks Nordic AB (FRA:N3K) Overvalued in 2026?

Based on GuruFocus' analysis, Premium Snacks Nordic AB stock appears to be overvalued. The current stock price of €2.97 is trading 30% above its estimated GF Value™ of €2.28. GuruFocus considers Premium Snacks Nordic AB to be Modestly Overvalued.

Key valuation signals for FRA:N3K:

  • Interest Coverage: 14.70 (500% above median its 10-year median of 2.45)
  • GF Value™: €2.28 vs. price of €2.97 (30% above fair value)
  • GF Score™: 78/100
  • Industry Position: 70.1% above the Consumer Packaged Goods median (#608 of 1514)

No single metric tells the full story. See the FRA:N3K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premium Snacks Nordic AB Business Description

Other Exchanges SNX:Sweden
Address Kullsgardsvagen 18, Laholm, SWE, 312 34
Premium Snacks Nordic AB develops, manufactures and sells high-quality snacks under the brands Gardschips and Exotic Snacks. Under the Exotic Snacks brand, consumers are offered a wide range of high-quality snack products that include everything from natural and spiced nuts, to chocolate dragees, licorice, Asian rice snacks and exotic dried fruits.
78GF Score

Get the complete analysis for FRA:N3K

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

€2.97
Price
€2.28
GF Value