GGNDF (GN Store Nord AS) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


GGNDF GN Store Nord AS GGNDF
73 GF Score
Price $13.63
GF Value $15.78
Valuation Modestly Undervalued
! 6 Warning Signs
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What is GN Store Nord AS Interest Coverage?

GN Store Nord AS GGNDF 73 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates GGNDF with a GF Score™ of 73/100 and a GF Value™ of $15.78 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 468 Medical Devices & Instruments companies, GN Store Nord AS ranks worse than 87.18% 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. GN Store Nord AS's Operating Income for the three months ended in Mar. 2026 was $-73 Mil. GN Store Nord AS's Interest Expense for the three months ended in Mar. 2026 was $-29 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GN Store Nord AS interest coverage is 2.56, which is low.

The historical rank and industry rank for GN Store Nord AS's Interest Coverage or its related term are showing as below:

GGNDF' s Interest Coverage Range Over the Past 10 Years
Min: 2.56   Med: 21.11   Max: 32.16
Current: 2.56


GGNDF's Interest Coverage is ranked worse than
87.18% of 468 companies
in the Medical Devices & Instruments industry
Industry Median: 15.71 vs GGNDF: 2.56

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


GN Store Nord AS  (OTCPK:GGNDF) 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 .


GN Store Nord AS Interest Coverage Related Terms


GN Store Nord AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for GN Store Nord AS'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.

GN Store Nord AS Interest Coverage Chart

GN Store Nord AS 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 26.30 6.02 2.89 4.72 4.04

GN Store Nord AS 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 0.26 1.55 1.34 0.00 0.00

GGNDF vs ABT, SYK, MDT: Interest Coverage Comparison

For the Medical Devices subindustry, GN Store Nord AS'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.


GN Store Nord AS Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GN Store Nord AS's Interest Coverage falls into.


GGNDF
73GF Score
GN Store Nord AS GGNDF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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GN Store Nord AS 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.

GN Store Nord AS'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, GN Store Nord AS's Interest Expense was $-62 Mil. Its Operating Income was $251 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,395 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*250.533/-62.085
=4.04

GN Store Nord AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, GN Store Nord AS's Interest Expense was $-29 Mil. Its Operating Income was $-73 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,254 Mil.

GN Store Nord AS did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
GN Store Nord AS (GGNDF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GN Store Nord AS and its competitors. Over the past decade, GN Store Nord AS's Interest Coverage has ranged from 2.56 to 32.16. According to the industry distribution chart, GN Store Nord AS ranks #408 out of 468 companies in the Medical Devices & Instruments industry, placing it in the top 87.2%.
Is GN Store Nord AS's Interest Coverage too high?
GN Store Nord AS's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 32.16. Based on the distribution chart, GN Store Nord AS ranks #408 out of 468 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, GN Store Nord AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, GN Store Nord AS ranks #408 out of 468 companies for Interest Coverage. This places GN Store Nord AS in the lower half of its industry. The industry median Interest Coverage is 15.71. Historically, GN Store Nord AS's own Interest Coverage has ranged from 2.56 to 32.16 over the past decade. 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.71, based on 468 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 GN Store Nord AS and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GN Store Nord AS's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (GGNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.78, compared to a current price of $13.63 — trading 13.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). GN Store Nord AS's overall GF Score™ is 73/100 with 6 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 GN Store Nord AS (GGNDF), the current Interest Coverage is 0 (At Loss) 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 GN Store Nord AS (GGNDF) Overvalued in 2026?

Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued. The current stock price of $13.63 is trading 13.7% below its estimated GF Value™ of $15.78. GuruFocus considers GN Store Nord AS to be Modestly Undervalued.

Key valuation signals for GGNDF:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $15.78 vs. price of $13.63 (13.7% below fair value)
  • GF Score™: 73/100 with 6 warning signs

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


GN Store Nord AS Business Description

Address Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
73GF Score

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

$13.63
Price
$15.78
GF Value