Nickel IndustriesNICMF 64 Interest Coverage is 0.28 as of Dec. 2025, which is 96% below its 10-year median of 7.65. GuruFocus rates NICMF with a GF Score™ of 64/100 and a GF Value™ of $0.53 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,319 Metals & Mining companies, Nickel Industries ranks worse than 98.64% 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. Nickel Industries's
Operating Income
for the
six
months ended in Dec. 2025 was $26 Mil. Nickel Industries's Interest Expense for the
six
months ended in Dec. 2025 was $-92 Mil.
Nickel Industries's interest coverage for the quarter that ended in Dec. 2025 was 0.28.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Nickel Industries Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Nickel Industries's Interest Coverage or its related term are showing as below:
NICMF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.83 Med: 7.65 Max: 304.35
Current: 0.83
NICMF's Interest Coverage is ranked worse than 98.64% of 1319
companies
in the Metals & Mining industry
Industry Median: No Debt
vs NICMF: 0.83
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 .
Nickel Industries Interest Coverage Related Terms
Nickel Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nickel Industries'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.
For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.
Nickel Industries Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nickel Industries'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.
Nickel Industries (NICMF) has a Interest Coverage of 0.28 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nickel Industries and its competitors. This is 96% below median its historical median of 7.65. Over the past decade, Nickel Industries' Interest Coverage has ranged from 0.83 to 304.35. According to the industry distribution chart, Nickel Industries ranks #1301 out of 1319 companies in the Metals & Mining industry, placing it in the top 98.6%.
Is Nickel Industries' Interest Coverage too high?
Nickel Industries' current Interest Coverage of 0.28 is 96% below median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 304.35. The Metals & Mining industry median Interest Coverage is 10,000.00. Nickel Industries' value of 0.28 is 100% below this industry median. Based on the distribution chart, Nickel Industries ranks #1301 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nickel Industries has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Industries ranks #1301 out of 1319 companies for Interest Coverage. This places Nickel Industries in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Nickel Industries' value of 0.28 is 100% below this benchmark. Historically, Nickel Industries' own Interest Coverage has ranged from 0.83 to 304.35 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 10,000.00, Nickel Industries 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 1,319 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. Nickel Industries's current Interest Coverage of 0.28 is 100% 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 Nickel Industries 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. Nickel Industries's current Interest Coverage is 0.28, which is 96% below median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (NICMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.53, compared to a current price of $0.58 — trading 9.1% above its estimated fair value. The current Interest Coverage is 0.28, which is 96% below median its 10-year median of 7.65 and 100% below the Metals & Mining industry median of 10,000.00. Nickel Industries' overall GF Score™ is 64/100 with 10 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 Nickel Industries (NICMF), the current Interest Coverage is 0.28 as of Dec. 2025. 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 Nickel Industries (NICMF) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued.
The current stock price of $0.58 is trading 9.1% above its estimated GF Value™ of $0.53.
GuruFocus considers Nickel Industries to be Fairly Valued.
Key valuation signals for NICMF:
Interest Coverage: 0.28 (96% below median its 10-year median of 7.65)
GF Value™: $0.53 vs. price of $0.58 (9.1% above fair value)
Industry Position: 100% below the Metals & Mining median (#1301 of 1319)
No single metric tells the full story. See the NICMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
64GF Score
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