Nokian Tyres (LTS:0FFY) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


LTS:0FFY Nokian Tyres PLC LTS:0FFY
73 GF Score
Price €11.91
GF Value €9.25
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Nokian Tyres Interest Coverage?

Nokian Tyres LTS:0FFY -0.71% 73 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates LTS:0FFY with a GF Score™ of 73/100 and a GF Value™ of €9.25 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Nokian Tyres ranks worse than 91.84% 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. Nokian Tyres's Operating Income for the three months ended in Mar. 2026 was €-18 Mil. Nokian Tyres's Interest Expense for the three months ended in Mar. 2026 was €-10 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

LTS:0FFY' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 24.66   Max: 97.89
Current: 1.14


LTS:0FFY's Interest Coverage is ranked worse than
91.84% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs LTS:0FFY: 1.14

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


Nokian Tyres  (LTS:0FFY) 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 .


Nokian Tyres Interest Coverage Related Terms


Nokian Tyres Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nokian Tyres'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.

Nokian Tyres Interest Coverage Chart

Nokian Tyres 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 35.09 7.69 1.27 0.03 0.95

Nokian Tyres 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 1.51 1.52 2.61 0.00

LTS:0FFY vs ORLY, AZO, GPC: Interest Coverage Comparison

For the Auto Parts subindustry, Nokian Tyres'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.


Nokian Tyres Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nokian Tyres's Interest Coverage falls into.


LTS:0FFY
73GF Score
Nokian Tyres PLC LTS:0FFY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nokian Tyres 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.

Nokian Tyres'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, Nokian Tyres's Interest Expense was €-38 Mil. Its Operating Income was €36 Mil. And its Long-Term Debt & Capital Lease Obligation was €718 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*35.8/-37.6
=0.95

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

Here, for the three months ended in Mar. 2026, Nokian Tyres's Interest Expense was €-10 Mil. Its Operating Income was €-18 Mil. And its Long-Term Debt & Capital Lease Obligation was €712 Mil.

Nokian Tyres 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?
Nokian Tyres (LTS:0FFY) 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 Nokian Tyres and its competitors. Over the past decade, Nokian Tyres' Interest Coverage has ranged from 0.03 to 97.89. According to the industry distribution chart, Nokian Tyres ranks #979 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 91.8%.
Is Nokian Tyres' Interest Coverage too high?
Nokian Tyres' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 97.89. Based on the distribution chart, Nokian Tyres ranks #979 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nokian Tyres has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #979 out of 1066 companies for Interest Coverage. This places Nokian Tyres in the lower half of its industry. The industry median Interest Coverage is 8.30. Historically, Nokian Tyres' own Interest Coverage has ranged from 0.03 to 97.89 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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 Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres'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 Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (LTS:0FFY) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.25, compared to a current price of €11.91 — trading 28.8% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Nokian Tyres' overall GF Score™ is 73/100 with 11 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 Nokian Tyres (LTS:0FFY), 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 Nokian Tyres (LTS:0FFY) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €11.91 is trading 28.8% above its estimated GF Value™ of €9.25. GuruFocus considers Nokian Tyres to be Modestly Overvalued.

Key valuation signals for LTS:0FFY:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: €9.25 vs. price of €11.91 (28.8% above fair value)
  • GF Score™: 73/100 with 11 warning signs

No single metric tells the full story. See the LTS:0FFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nokian Tyres Business Description

Address Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
73GF Score

Get the complete analysis for LTS:0FFY

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

€11.91
Price
€9.25
GF Value