Nordic Mining ASA (OSL:NOM) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


OSL:NOM Nordic Mining ASA OSL:NOM
18 GF Score
Price kr7.32
! 7 Warning Signs
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What is Nordic Mining ASA Interest Coverage?

Nordic Mining ASA OSL:NOM +6.71% 18 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates OSL:NOM with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,318 Metals & Mining companies, Nordic Mining ASA ranks worse than 75872.46% 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. Nordic Mining ASA's Operating Income for the three months ended in Dec. 2025 was kr-398.95 Mil. Nordic Mining ASA's Interest Expense for the three months ended in Dec. 2025 was kr-3.32 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 Nordic Mining ASA's Interest Coverage or its related term are showing as below:


OSL:NOM's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


Nordic Mining ASA  (OSL:NOM) 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 .


Nordic Mining ASA Interest Coverage Related Terms


Nordic Mining ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nordic Mining 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.

Nordic Mining ASA Interest Coverage Chart

Nordic Mining ASA 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 0.00 0.00 0.00 0.00 0.00

Nordic Mining ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

Nordic Mining ASA Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nordic Mining 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.


Nordic Mining ASA Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nordic Mining ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nordic Mining ASA's Interest Coverage falls into.


OSL:NOM
18GF Score
Nordic Mining ASA OSL:NOM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Mining ASA 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.

Nordic Mining ASA'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, Nordic Mining ASA's Interest Expense was kr-186.35 Mil. Its Operating Income was kr-556.33 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,495.95 Mil.

Nordic Mining ASA did not have earnings to cover the interest expense.

Nordic Mining ASA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Nordic Mining ASA's Interest Expense was kr-3.32 Mil. Its Operating Income was kr-398.95 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,495.95 Mil.

Nordic Mining ASA 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?
Nordic Mining ASA (OSL:NOM) 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 Nordic Mining ASA and its competitors. According to the industry distribution chart, Nordic Mining ASA ranks #999999 out of 1318 companies in the Metals & Mining industry.
Is Nordic Mining ASA's Interest Coverage too high?
Nordic Mining ASA's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Nordic Mining ASA ranks #999999 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Mining ASA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Mining ASA's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Mining ASA ranks #999999 out of 1318 companies for Interest Coverage. This places Nordic Mining ASA in the lower half of its industry. The industry median Interest Coverage is 10,000.00. 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 1,318 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 Nordic Mining 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. Nordic Mining ASA'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 Nordic Mining ASA stock overvalued right now?
Nordic Mining ASA (OSL:NOM) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Nordic Mining ASA's overall GF Score™ is 18/100 with 7 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 Nordic Mining ASA (OSL:NOM), 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.

Nordic Mining ASA Business Description

Address Vika Atrium, Munkedamsveien 45, Entrance A - 5th Floor, Oslo, NOR, N-0250
Nordic Mining ASA is a resource company with its subsidiaries, which is engaged in the integrated operations of exploration, extraction, and production of high-end minerals and metals. The company's reportable segment is the Rutile and Garnet segment. The company's operations include the Engebo rutile and garnet project.
18GF Score

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

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