Global Ferronickel Holdings (PHS:FNI) Interest Coverage: 36.12 (As of Mar. 2026) — 176% Above Median


PHS:FNI Global Ferronickel Holdings Inc PHS:FNI
70 GF Score
Price ₱1.99
GF Value ₱1.73
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Global Ferronickel Holdings Interest Coverage?

Global Ferronickel Holdings PHS:FNI +0.51% 70 Interest Coverage is 36.12 as of Mar. 2026, which is 176% above its 10-year median of 13.09. GuruFocus rates PHS:FNI with a GF Score™ of 70/100 and a GF Value™ of ₱1.73 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,319 Metals & Mining companies, Global Ferronickel Holdings ranks worse than 76.12% 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. Global Ferronickel Holdings's Operating Income for the three months ended in Mar. 2026 was ₱581 Mil. Global Ferronickel Holdings's Interest Expense for the three months ended in Mar. 2026 was ₱-16 Mil. Global Ferronickel Holdings's interest coverage for the quarter that ended in Mar. 2026 was 36.12. The higher the ratio, the stronger the company's financial strength is.

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

PHS:FNI' s Interest Coverage Range Over the Past 10 Years
Min: 3.41   Med: 13.09   Max: 57.81
Current: 16.64


PHS:FNI's Interest Coverage is ranked worse than
76.12% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs PHS:FNI: 16.64

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


Global Ferronickel Holdings  (PHS:FNI) 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 .


Global Ferronickel Holdings Interest Coverage Related Terms


Global Ferronickel Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Global Ferronickel Holdings'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.

Global Ferronickel Holdings Interest Coverage Chart

Global Ferronickel Holdings 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 54.81 12.61 10.32 5.02 12.52

Global Ferronickel Holdings 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 7.43 12.85 27.07 0.00 36.12

Global Ferronickel Holdings Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Global Ferronickel Holdings'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.


Global Ferronickel Holdings Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Global Ferronickel Holdings's Interest Coverage falls into.


PHS:FNI
70GF Score
Global Ferronickel Holdings Inc PHS:FNI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Ferronickel Holdings 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.

Global Ferronickel Holdings'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, Global Ferronickel Holdings's Interest Expense was ₱-154 Mil. Its Operating Income was ₱1,934 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱636 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1934.04/-154.454
=12.52

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

Here, for the three months ended in Mar. 2026, Global Ferronickel Holdings's Interest Expense was ₱-16 Mil. Its Operating Income was ₱581 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱621 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*580.772/-16.081
=36.12

* 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 36.12 mean?
Global Ferronickel Holdings (PHS:FNI) has a Interest Coverage of 36.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Ferronickel Holdings and its competitors. This is 176% above median its historical median of 13.09. Over the past decade, Global Ferronickel Holdings' Interest Coverage has ranged from 3.41 to 57.81. According to the industry distribution chart, Global Ferronickel Holdings ranks #1004 out of 1319 companies in the Metals & Mining industry, placing it in the top 76.1%.
Is Global Ferronickel Holdings' Interest Coverage too high?
Global Ferronickel Holdings' current Interest Coverage of 36.12 is 176% above median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 57.81. The Metals & Mining industry median Interest Coverage is 10,000.00. Global Ferronickel Holdings' value of 36.12 is 99.6% below this industry median. Based on the distribution chart, Global Ferronickel Holdings ranks #1004 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Global Ferronickel Holdings has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Ferronickel Holdings' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Global Ferronickel Holdings ranks #1004 out of 1319 companies for Interest Coverage. This places Global Ferronickel Holdings in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Global Ferronickel Holdings' value of 36.12 is 99.6% below this benchmark. Historically, Global Ferronickel Holdings' own Interest Coverage has ranged from 3.41 to 57.81 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 10,000.00, Global Ferronickel Holdings 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. Global Ferronickel Holdings's current Interest Coverage of 36.12 is 99.6% 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 Global Ferronickel Holdings 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. Global Ferronickel Holdings's current Interest Coverage is 36.12, which is 176% above median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Ferronickel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Global Ferronickel Holdings (PHS:FNI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱1.73, compared to a current price of ₱1.99 — trading 15% above its estimated fair value. The current Interest Coverage is 36.12, which is 176% above median its 10-year median of 13.09 and 99.6% below the Metals & Mining industry median of 10,000.00. Global Ferronickel Holdings' overall GF Score™ is 70/100 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 Global Ferronickel Holdings (PHS:FNI), the current Interest Coverage is 36.12 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 Global Ferronickel Holdings (PHS:FNI) Overvalued in 2026?

Based on GuruFocus' analysis, Global Ferronickel Holdings stock appears to be overvalued. The current stock price of ₱1.99 is trading 15% above its estimated GF Value™ of ₱1.73. GuruFocus considers Global Ferronickel Holdings to be Modestly Overvalued.

Key valuation signals for PHS:FNI:

  • Interest Coverage: 36.12 (176% above median its 10-year median of 13.09)
  • GF Value™: ₱1.73 vs. price of ₱1.99 (15% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 99.6% below the Metals & Mining median (#1004 of 1319)

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


Global Ferronickel Holdings Business Description

Address Asean Avenue corner Fuentes Street, Penthouse, Platinum Tower, Metro Manila, Paranaque, PHL, 1701
Global Ferronickel Holdings Inc is a nickel producer in the Philippines and a supplier of nickel ore. The company has an extensive portfolio of exploration sites and exploration programs. Its operating segment includes Mining; Manufacturing, and Services. The company generates maximum revenue from the Mining segment. The mining segment is engaged in the mining and exploration of nickel saprolite and limonite ore. Geographically, it operates in the Philippines and Hong Kong.
70GF Score

Get the complete analysis for PHS:FNI

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

₱1.99
Price
₱1.73
GF Value