National Industries Co KSC (KUW:NICBM) Interest Coverage: 1.44 (As of Jun. 2026) — 95% Below Median

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KUW:NICBM National Industries Co KSC KUW:NICBM
47 GF Score
Price KWD0.27
GF Value KWD0.23
Valuation Modestly Overvalued
! 8 Warning Signs
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What is National Industries Co KSC Interest Coverage?

National Industries Co KSC KUW:NICBM -3.23% 47 Interest Coverage is 1.44 as of Jun. 2026, which is 95% below its 10-year median of 27.50. GuruFocus rates KUW:NICBM with a GF Score™ of 47/100 and a GF Value™ of KWD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,360 Construction companies, National Industries Co KSC ranks better than 50.96% 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. National Industries Co KSC's Operating Income for the three months ended in Jun. 2026 was KWD0.08 Mil. National Industries Co KSC's Interest Expense for the three months ended in Jun. 2026 was KWD-0.06 Mil. National Industries Co KSC's interest coverage for the quarter that ended in Jun. 2026 was 1.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for National Industries Co KSC's Interest Coverage or its related term are showing as below:

KUW:NICBM' s Interest Coverage Range Over the Past 10 Years
Min: 0.95   Med: 27.5   Max: 1740.5
Current: 8.54


KUW:NICBM's Interest Coverage is ranked better than
50.96% of 1360 companies
in the Construction industry
Industry Median: 8.08 vs KUW:NICBM: 8.54

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


National Industries Co KSC  (KUW:NICBM) 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 .


National Industries Co KSC Interest Coverage Related Terms


National Industries Co KSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for National Industries Co KSC'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.

National Industries Co KSC Interest Coverage Chart

National Industries Co KSC 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 64.72 30.66 26.21 25.36 13.98

National Industries Co KSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.75 23.83 7.25 9.94 1.44

KUW:NICBM vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, National Industries Co KSC'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.


National Industries Co KSC Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, National Industries Co KSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where National Industries Co KSC's Interest Coverage falls into.


KUW:NICBM
47GF Score
National Industries Co KSC KUW:NICBM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industries Co KSC 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.

National Industries Co KSC'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, National Industries Co KSC's Interest Expense was KWD-0.17 Mil. Its Operating Income was KWD2.43 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD2.40 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2.433/-0.174
=13.98

National Industries Co KSC's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, National Industries Co KSC's Interest Expense was KWD-0.06 Mil. Its Operating Income was KWD0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD2.23 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*0.082/-0.057
=1.44

* 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 1.44 mean?
National Industries Co KSC (KUW:NICBM) has a Interest Coverage of 1.44 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Industries Co KSC and its competitors. This is 95% below median its historical median of 27.50. Over the past decade, National Industries Co KSC's Interest Coverage has ranged from 0.95 to 1,740.50. According to the industry distribution chart, National Industries Co KSC ranks #667 out of 1360 companies in the Construction industry, placing it in the top 49%.
Is National Industries Co KSC's Interest Coverage too high?
National Industries Co KSC's current Interest Coverage of 1.44 is 95% below median its 10-year median of 27.50. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1,740.50. The Construction industry median Interest Coverage is 8.08. National Industries Co KSC's value of 1.44 is 82.2% below this industry median. Based on the distribution chart, National Industries Co KSC ranks #667 out of 1360 companies in the Construction industry, which is above the industry midpoint. Overall, National Industries Co KSC has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Co KSC's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, National Industries Co KSC ranks #667 out of 1360 companies for Interest Coverage. This puts National Industries Co KSC in the upper half of its industry. The industry median Interest Coverage is 8.08. National Industries Co KSC's value of 1.44 is 82.2% below this benchmark. Historically, National Industries Co KSC's own Interest Coverage has ranged from 0.95 to 1,740.50 over the past decade. While the company's 10-year median is 27.50 vs. the industry median of 8.08, National Industries Co KSC has consistently been below 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 Construction company?
The median Interest Coverage among Construction companies is 8.08, based on 1,360 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. National Industries Co KSC's current Interest Coverage of 1.44 is 82.2% below 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 National Industries Co KSC and its competitors. For the Construction industry, the median Interest Coverage is 8.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Co KSC's current Interest Coverage is 1.44, which is 95% below median its own 10-year median of 27.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Industries Co KSC (KUW:NICBM) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.23, compared to a current price of KWD0.27 — trading 17.4% above its estimated fair value. The current Interest Coverage is 1.44, which is 95% below median its 10-year median of 27.50 and 82.2% below the Construction industry median of 8.08. National Industries Co KSC's overall GF Score™ is 47/100 with 8 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 National Industries Co KSC (KUW:NICBM), the current Interest Coverage is 1.44 as of Jun. 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 National Industries Co KSC (KUW:NICBM) Overvalued in 2026?

Based on GuruFocus' analysis, National Industries Co KSC stock appears to be overvalued. The current stock price of KWD0.27 is trading 17.4% above its estimated GF Value™ of KWD0.23. GuruFocus considers National Industries Co KSC to be Modestly Overvalued.

Key valuation signals for KUW:NICBM:

  • Interest Coverage: 1.44 (95% below median its 10-year median of 27.50)
  • GF Value™: KWD0.23 vs. price of KWD0.27 (17.4% above fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 82.2% below the Construction median (#667 of 1360)

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


National Industries Co KSC Business Description

Address Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.
47GF Score

Get the complete analysis for KUW:NICBM

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

KWD0.27
Price
KWD0.23
GF Value