Norwegian Block Exchange AS (OSL:NBX) Interest Coverage: 0 (At Loss) (As of Dec. 2025)

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OSL:NBX Norwegian Block Exchange AS OSL:NBX
51 GF Score
Price kr0.54
GF Value kr0.47
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Norwegian Block Exchange AS Interest Coverage?

Norwegian Block Exchange AS OSL:NBX -5.43% 51 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates OSL:NBX with a GF Score™ of 51/100 and a GF Value™ of kr0.47 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 432 Capital Markets companies, Norwegian Block Exchange AS ranks worse than 231481.25% 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. Norwegian Block Exchange AS's Operating Income for the six months ended in Dec. 2025 was kr-12.40 Mil. Norwegian Block Exchange AS's Interest Expense for the six months ended in Dec. 2025 was kr-1.32 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 Norwegian Block Exchange AS's Interest Coverage or its related term are showing as below:


OSL:NBX's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.55
* 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.


Norwegian Block Exchange AS  (OSL:NBX) 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 .


Norwegian Block Exchange AS Interest Coverage Related Terms


Norwegian Block Exchange AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Norwegian Block Exchange AS'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.

Norwegian Block Exchange AS Interest Coverage Chart

Norwegian Block Exchange AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Norwegian Block Exchange AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

OSL:NBX vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Norwegian Block Exchange AS'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.


Norwegian Block Exchange AS Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Norwegian Block Exchange AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Norwegian Block Exchange AS's Interest Coverage falls into.


OSL:NBX
51GF Score
Norwegian Block Exchange AS OSL:NBX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norwegian Block Exchange AS 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.

Norwegian Block Exchange AS'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, Norwegian Block Exchange AS's Interest Expense was kr-2.64 Mil. Its Operating Income was kr-21.07 Mil. And its Long-Term Debt & Capital Lease Obligation was kr20.60 Mil.

Norwegian Block Exchange AS did not have earnings to cover the interest expense.

Norwegian Block Exchange AS's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Norwegian Block Exchange AS's Interest Expense was kr-1.32 Mil. Its Operating Income was kr-12.40 Mil. And its Long-Term Debt & Capital Lease Obligation was kr20.60 Mil.

Norwegian Block Exchange AS 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?
Norwegian Block Exchange AS (OSL:NBX) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Norwegian Block Exchange AS and its competitors. According to the industry distribution chart, Norwegian Block Exchange AS ranks #999999 out of 432 companies in the Capital Markets industry.
Is Norwegian Block Exchange AS's Interest Coverage too high?
Norwegian Block Exchange AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Norwegian Block Exchange AS ranks #999999 out of 432 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Norwegian Block Exchange AS has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Block Exchange AS's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Norwegian Block Exchange AS ranks #999999 out of 432 companies for Interest Coverage. This places Norwegian Block Exchange AS in the lower half of its industry. The industry median Interest Coverage is 20.55. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 20.55, based on 432 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 Norwegian Block Exchange AS and its competitors. For the Capital Markets industry, the median Interest Coverage is 20.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Block Exchange AS'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 Norwegian Block Exchange AS stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Block Exchange AS (OSL:NBX) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.47, compared to a current price of kr0.54 — trading 14.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Norwegian Block Exchange AS's overall GF Score™ is 51/100 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 Norwegian Block Exchange AS (OSL:NBX), the current Interest Coverage is 0 (At Loss) 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 Norwegian Block Exchange AS (OSL:NBX) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Block Exchange AS stock appears to be overvalued. The current stock price of kr0.54 is trading 14.9% above its estimated GF Value™ of kr0.47. GuruFocus considers Norwegian Block Exchange AS to be Modestly Overvalued.

Key valuation signals for OSL:NBX:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: kr0.47 vs. price of kr0.54 (14.9% above fair value)
  • GF Score™: 51/100 with 4 warning signs

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


Norwegian Block Exchange AS Business Description

Other Exchanges 9Q3:Germany
Address Arnstein Arnebergs Vei 30, Lysaker, NOR, 1366
Norwegian Block Exchange AS is a financial services company that specializes in developing digital asset-based products. It is a cryptocurrency exchange serving the Nordic market, offering secure trading of digital assets, tokenization, custody solutions, and blockchain technology services for retail and institutional clients. NBX provides a compliant trading environment with robust security measures and transparent operations. The company has also issued a credit card with BTC cashback.
51GF Score

Get the complete analysis for OSL:NBX

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

kr0.54
Price
kr0.47
GF Value