NXB (NextBoat) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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NXB NextBoat Inc NXB
16 GF Score
Price $1.97
! 5 Warning Signs
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What is NextBoat Interest Coverage?

NextBoat NXB +2.34% 16 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NXB with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,066 Vehicles & Parts companies, NextBoat ranks worse than 93808.54% 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. NextBoat's Operating Income for the three months ended in Mar. 2026 was $-2.9 Mil. NextBoat's Interest Expense for the three months ended in Mar. 2026 was $-0.5 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


NXB's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.46
* Ranked among companies with meaningful Interest Coverage only.

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


NextBoat  (AMEX:NXB) 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 .


NextBoat Interest Coverage Related Terms


NextBoat Interest Coverage Historical Data

* Premium members only.

The historical data trend for NextBoat'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.

NextBoat Interest Coverage Chart

NextBoat Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
1.81 1.65 0.20

NextBoat Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.95 0.62 0.00 0.00

NXB vs CRMT, UCAR, SDA: Interest Coverage Comparison

For the Auto & Truck Dealerships subindustry, NextBoat'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.


NextBoat Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NextBoat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where NextBoat's Interest Coverage falls into.


NXB
16GF Score
NextBoat Inc NXB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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NextBoat 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.

NextBoat'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, NextBoat's Interest Expense was $-2.3 Mil. Its Operating Income was $0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.463/-2.261
=0.20

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

Here, for the three months ended in Mar. 2026, NextBoat's Interest Expense was $-0.5 Mil. Its Operating Income was $-2.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.5 Mil.

NextBoat did not have earnings to cover the 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.

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 0 (At Loss) mean?
NextBoat (NXB) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NextBoat and its competitors. According to the industry distribution chart, NextBoat ranks #999999 out of 1066 companies in the Vehicles & Parts industry.
Is NextBoat's Interest Coverage too high?
NextBoat's current Interest Coverage is 0 (At Loss). Based on the distribution chart, NextBoat ranks #999999 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, NextBoat has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does NextBoat's Interest Coverage compare to CRMT and UCAR?
According to the Vehicles & Parts industry distribution chart, NextBoat ranks #999999 out of 1066 companies for Interest Coverage. This places NextBoat in the lower half of its industry. The industry median Interest Coverage is 8.46. 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.46, based on 1,066 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 NextBoat and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextBoat's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextBoat stock overvalued right now?
NextBoat (NXB) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). NextBoat's overall GF Score™ is 16/100 with 5 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 NextBoat (NXB), the current Interest Coverage is 0 (At Loss) 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.

NextBoat Business Description

Address 1701 Jel Wade Drive, Wilmington, NC, USA, 28401
NextBoat Inc focused on AI-powered technology platform designed to modernize and scale the world-wide pre-owned marine marketplace.
16GF Score

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

$1.97
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