Northern CapSek Ventures AB (publ)NGM:CAPS -11.39%47 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates NGM:CAPS with a GF Score™ of 47/100 and a GF Value™ of kr29.13 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 481 Asset Management companies, Northern CapSek Ventures AB (publ) ranks worse than 207900% 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. Northern CapSek Ventures AB (publ)'s
Operating Income
for the
three
months ended in Mar. 2026 was kr-0.22 Mil. Northern CapSek Ventures AB (publ)'s Interest Expense for the
three
months ended in Mar. 2026 was kr0.00 Mil.
Northern CapSek Ventures AB (publ) 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 Northern CapSek Ventures AB (publ)'s Interest Coverage or its related term are showing as below:
NGM:CAPS's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.74 * Ranked among companies with meaningful Interest Coverage only.
Northern CapSek Ventures AB (publ) (NGM:CAPS) 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 .
Northern CapSek Ventures AB (publ) Interest Coverage Related Terms
Northern CapSek Ventures AB (publ) Interest Coverage Historical Data
* 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.
Northern CapSek Ventures AB (publ) Interest Coverage Chart
NGM:CAPS vs BLK, BX, KKR: Interest Coverage Comparison
For the Asset Management subindustry, Northern CapSek Ventures AB (publ)'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.
Northern CapSek Ventures AB (publ) Interest Coverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Northern CapSek Ventures AB (publ)'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Northern CapSek Ventures AB (publ)'s Interest Coverage falls into.
Northern CapSek Ventures AB (publ) 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:
Northern CapSek Ventures AB (publ) 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Northern CapSek Ventures AB (publ) (NGM:CAPS) 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 Northern CapSek Ventures AB (publ) and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, Northern CapSek Ventures AB (publ) ranks #999999 out of 481 companies in the Asset Management industry.
Is Northern CapSek Ventures AB (publ)'s Interest Coverage too high?
Northern CapSek Ventures AB (publ)'s current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Based on the distribution chart, Northern CapSek Ventures AB (publ) ranks #999999 out of 481 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Northern CapSek Ventures AB (publ) has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern CapSek Ventures AB (publ)'s Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Northern CapSek Ventures AB (publ) ranks #999999 out of 481 companies for Interest Coverage. This places Northern CapSek Ventures AB (publ) in the lower half of its industry. The industry median Interest Coverage is 44.74. 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 44.74, based on 481 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 Northern CapSek Ventures AB (publ) and its competitors. For the Asset Management industry, the median Interest Coverage is 44.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern CapSek Ventures AB (publ)'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 Northern CapSek Ventures AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Northern CapSek Ventures AB (publ) (NGM:CAPS) is currently considered Possible Value Trap. The stock's GF Value™ is kr29.13, compared to a current price of kr7.00 — trading 76% 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. Northern CapSek Ventures AB (publ)'s overall GF Score™ is 47/100 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 Northern CapSek Ventures AB (publ) (NGM:CAPS), 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 Northern CapSek Ventures AB (publ) (NGM:CAPS) Overvalued in 2026?
Based on GuruFocus' analysis, Northern CapSek Ventures AB (publ) stock appears to be undervalued.
The current stock price of kr7.00 is trading 76% below its estimated GF Value™ of kr29.13.
GuruFocus considers Northern CapSek Ventures AB (publ) to be Possible Value Trap.
Key valuation signals for NGM:CAPS:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: kr29.13 vs. price of kr7.00 (76% below fair value)
No single metric tells the full story. See the NGM:CAPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern CapSek Ventures AB (publ) Business Description
Northern CapSek Ventures AB (publ) is an investment company. The firm invests in growth companies with scalable business models and specializes in sectors driving digital transformation, including Software as a Service (SaaS), Internet of Things (IoT), AI/Machine Learning, and gaming.
47GF Score
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