NVLPF (Nova Leap Health) Interest Coverage: 3.73 (As of Mar. 2026) — Near Median


NVLPF Nova Leap Health Corp NVLPF
50 GF Score
Price $0.26
GF Value $0.22
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Nova Leap Health Interest Coverage?

Nova Leap Health NVLPF -10.74% 50 Interest Coverage is 3.73 as of Mar. 2026, which is 6% below its 10-year median of 3.97. GuruFocus rates NVLPF with a GF Score™ of 50/100 and a GF Value™ of $0.22 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 453 Healthcare Providers & Services companies, Nova Leap Health ranks worse than 67.99% 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. Nova Leap Health's Operating Income for the three months ended in Mar. 2026 was $0.29 Mil. Nova Leap Health's Interest Expense for the three months ended in Mar. 2026 was $-0.08 Mil. Nova Leap Health's interest coverage for the quarter that ended in Mar. 2026 was 3.73. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nova Leap Health's Interest Coverage or its related term are showing as below:

NVLPF' s Interest Coverage Range Over the Past 10 Years
Min: 3.16   Med: 3.97   Max: 9.78
Current: 3.81


NVLPF's Interest Coverage is ranked worse than
67.99% of 453 companies
in the Healthcare Providers & Services industry
Industry Median: 8 vs NVLPF: 3.81

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


Nova Leap Health  (OTCPK:NVLPF) 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 .


Nova Leap Health Interest Coverage Related Terms


Nova Leap Health Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nova Leap Health'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.

Nova Leap Health Interest Coverage Chart

Nova Leap Health 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 9.78 0.00 3.17 8.07 3.16

Nova Leap Health 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 0.93 3.27 4.99 3.36 3.73

NVLPF vs HCA, THC, DVA: Interest Coverage Comparison

For the Medical Care Facilities subindustry, Nova Leap Health'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.


Nova Leap Health Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nova Leap Health's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nova Leap Health's Interest Coverage falls into.


NVLPF
50GF Score
Nova Leap Health Corp NVLPF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Leap Health 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.

Nova Leap Health'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, Nova Leap Health's Interest Expense was $-0.35 Mil. Its Operating Income was $1.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.71 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1.106/-0.35
=3.16

Nova Leap Health's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nova Leap Health's Interest Expense was $-0.08 Mil. Its Operating Income was $0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.70 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.291/-0.078
=3.73

* 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 3.73 mean?
Nova Leap Health (NVLPF) has a Interest Coverage of 3.73 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nova Leap Health and its competitors. This is near median its historical median of 3.97. Over the past decade, Nova Leap Health's Interest Coverage has ranged from 3.16 to 9.78. According to the industry distribution chart, Nova Leap Health ranks #308 out of 453 companies in the Healthcare Providers & Services industry, placing it in the top 68%.
Is Nova Leap Health's Interest Coverage too high?
Nova Leap Health's current Interest Coverage of 3.73 is near median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 9.78. The Healthcare Providers & Services industry median Interest Coverage is 8.00. Nova Leap Health's value of 3.73 is 53.4% below this industry median. Based on the distribution chart, Nova Leap Health ranks #308 out of 453 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Nova Leap Health has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova Leap Health's Interest Coverage compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Nova Leap Health ranks #308 out of 453 companies for Interest Coverage. This places Nova Leap Health in the lower half of its industry. The industry median Interest Coverage is 8.00. Nova Leap Health's value of 3.73 is 53.4% below this benchmark. Historically, Nova Leap Health's own Interest Coverage has ranged from 3.16 to 9.78 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 8.00, Nova Leap Health 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 8.00, based on 453 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. Nova Leap Health's current Interest Coverage of 3.73 is 53.4% 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 Nova Leap Health and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Leap Health's current Interest Coverage is 3.73, which is near median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Leap Health stock overvalued right now?
Based on GuruFocus' analysis, Nova Leap Health (NVLPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.22, compared to a current price of $0.26 — trading 18.2% above its estimated fair value. The current Interest Coverage is 3.73, which is near median its 10-year median of 3.97 and 53.4% below the Healthcare Providers & Services industry median of 8.00. Nova Leap Health's overall GF Score™ is 50/100 with 4 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 Nova Leap Health (NVLPF), the current Interest Coverage is 3.73 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 Nova Leap Health (NVLPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nova Leap Health stock appears to be overvalued. The current stock price of $0.26 is trading 18.2% above its estimated GF Value™ of $0.22. GuruFocus considers Nova Leap Health to be Modestly Overvalued.

Key valuation signals for NVLPF:

  • Interest Coverage: 3.73 (near median its 10-year median of 3.97)
  • GF Value™: $0.22 vs. price of $0.26 (18.2% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 53.4% below the Healthcare Providers & Services median (#308 of 453)

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


Nova Leap Health Business Description

Other Exchanges NLH:Canada
Address 7071 Bayers Road, Suite 3006, Halifax, NS, CAN, B3L 2C2
Nova Leap Health Corp operates in the healthcare industry. The company is a provider of home and home health care services to clients..The principal business activities of the company and its subsidiaries are to provide skilled and non-medical home care to clients. Its service offerings include meal preparation, housekeeping, transportation, personal care, and medication reminders. Its segments comprise Canadian and U.S. operations. The company derives a majority of its revenue from the United States.
50GF Score

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

$0.26
Price
$0.22
GF Value