Norsk Hydro ASANHYDY -0.91%82 Interest Coverage is 19.37 as of Mar. 2026, which is 15% below its 10-year median of 22.80. GuruFocus rates NHYDY with a GF Score™ of 82/100 and a GF Value™ of $6.88 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,316 Metals & Mining companies, Norsk Hydro ASA ranks worse than 77.74% 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. Norsk Hydro ASA's
Operating Income
for the
three
months ended in Mar. 2026 was $943 Mil. Norsk Hydro ASA's Interest Expense for the
three
months ended in Mar. 2026 was $-49 Mil.
Norsk Hydro ASA's interest coverage for the quarter that ended in Mar. 2026 was 19.37.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Norsk Hydro ASA's Interest Coverage or its related term are showing as below:
NHYDY'
s Interest Coverage Range Over the Past 10 Years
Min: 12.8 Med: 22.8 Max: 39.91
Current: 14.57
NHYDY's Interest Coverage is ranked worse than 77.74% of 1316
companies
in the Metals & Mining industry
Industry Median: No Debt
vs NHYDY: 14.57
Norsk Hydro ASA (OTCPK:NHYDY) 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 .
Norsk Hydro ASA Interest Coverage Related Terms
Norsk Hydro ASA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Norsk Hydro ASA'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.
NHYDY vs AA, CENX, CSTM: Interest Coverage Comparison
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA'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.
Norsk Hydro ASA (NHYDY) has a Interest Coverage of 19.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Norsk Hydro ASA and its competitors. This is 15% below median its historical median of 22.80. Over the past decade, Norsk Hydro ASA's Interest Coverage has ranged from 12.80 to 39.91. According to the industry distribution chart, Norsk Hydro ASA ranks #1023 out of 1316 companies in the Metals & Mining industry, placing it in the top 77.7%.
Is Norsk Hydro ASA's Interest Coverage too high?
Norsk Hydro ASA's current Interest Coverage of 19.37 is 15% below median its 10-year median of 22.80. Over the past 10 years, this metric has ranged from a low of 12.80 to a high of 39.91. The Metals & Mining industry median Interest Coverage is 10,000.00. Norsk Hydro ASA's value of 19.37 is 99.8% below this industry median. Based on the distribution chart, Norsk Hydro ASA ranks #1023 out of 1316 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Norsk Hydro ASA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Interest Coverage compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #1023 out of 1316 companies for Interest Coverage. This places Norsk Hydro ASA in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Norsk Hydro ASA's value of 19.37 is 99.8% below this benchmark. Historically, Norsk Hydro ASA's own Interest Coverage has ranged from 12.80 to 39.91 over the past decade. While the company's 10-year median is 22.80 vs. the industry median of 10,000.00, Norsk Hydro ASA 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,316 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. Norsk Hydro ASA's current Interest Coverage of 19.37 is 99.8% 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 Norsk Hydro ASA and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current Interest Coverage is 19.37, which is 15% below median its own 10-year median of 22.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (NHYDY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.88, compared to a current price of $8.68 — trading 26.2% above its estimated fair value. The current Interest Coverage is 19.37, which is 15% below median its 10-year median of 22.80 and 99.8% below the Metals & Mining industry median of 10,000.00. Norsk Hydro ASA's overall GF Score™ is 82/100 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 Norsk Hydro ASA (NHYDY), the current Interest Coverage is 19.37 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 Norsk Hydro ASA (NHYDY) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued.
The current stock price of $8.68 is trading 26.2% above its estimated GF Value™ of $6.88.
GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.
Key valuation signals for NHYDY:
Interest Coverage: 19.37 (15% below median its 10-year median of 22.80)
GF Value™: $6.88 vs. price of $8.68 (26.2% above fair value)
Industry Position: 99.8% below the Metals & Mining median (#1023 of 1316)
No single metric tells the full story. See the NHYDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
82GF Score
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