BlueYield ABNGM:SHIP -1.71%12 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:SHIP with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 838 Transportation companies, BlueYield AB ranks better than 99.64% 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. BlueYield AB's
Operating Income
for the
three
months ended in Mar. 2026 was kr-1.11 Mil. BlueYield AB's Interest Expense for the
three
months ended in Mar. 2026 was kr0.00 Mil.
BlueYield AB has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
BlueYield AB has no debt.
(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 BlueYield AB's Interest Coverage or its related term are showing as below:
NGM:SHIP'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
NGM:SHIP's Interest Coverage is ranked better than 99.64% of 838
companies
in the Transportation industry
Industry Median: 5.72
vs NGM:SHIP: No Debt
BlueYield AB (NGM:SHIP) 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 .
BlueYield AB Interest Coverage Related Terms
BlueYield AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for BlueYield 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.
BlueYield AB Interest Coverage Chart
BlueYield AB Annual Data
Trend
Dec25
Interest Coverage
No Debt
BlueYield AB Quarterly Data
Jun25
Sep25
Dec25
Mar26
Interest Coverage
No Debt
No Debt
No Debt
No Debt
NGM:SHIP vs KEX: Interest Coverage Comparison
For the Marine Shipping subindustry, BlueYield 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.
BlueYield AB Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, BlueYield AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where BlueYield AB's Interest Coverage falls into.
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:
* 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?
BlueYield AB (NGM:SHIP) 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 BlueYield AB and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, BlueYield AB's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, BlueYield AB ranks #3 out of 838 companies in the Transportation industry, placing it in the top 0.40000000000001%.
Is BlueYield AB's Interest Coverage too high?
BlueYield AB's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, BlueYield AB ranks #3 out of 838 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, BlueYield AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BlueYield AB's Interest Coverage compare to KEX?
According to the Transportation industry distribution chart, BlueYield AB ranks #3 out of 838 companies for Interest Coverage. This places BlueYield AB in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.72. Historically, BlueYield AB's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 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 BlueYield AB and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueYield AB'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 BlueYield AB stock overvalued right now?
BlueYield AB (NGM:SHIP) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. BlueYield AB's overall GF Score™ is 12/100 with 2 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 BlueYield AB (NGM:SHIP), 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.
BlueYield AB is an investment company with a focus on acquiring, managing, and strategically divesting maritime assets. The portfolio of vessels is globally diversified, consisting of a wide range of vessels across several segments, and offers an opportunity to access the returns of shipping. It holds minority interests across some special purpose vehicles (SPVs). These SPVs collectively own and manage a diversified portfolio of several vessels, spanning various shipping segments including Tanker, Container, Dry Bulk, Multi-Purpose Vessels (MPP), Platform Supply Vessels (PSV), and Subsea/Offshore.
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