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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. Nanyang New Development's
Operating Income
for the
six
months ended in Dec. 2025 was S$-3.91 Mil. Nanyang New Development's Interest Expense for the
six
months ended in Dec. 2025 was S$-0.04 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 Nanyang New Development's Interest Coverage or its related term are showing as below:
SGX:M15's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.28 * Ranked among companies with meaningful Interest Coverage only.
Nanyang New Development (SGX:M15) 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 .
Nanyang New Development Interest Coverage Related Terms
Nanyang New Development Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nanyang New Development'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.
SGX:M15 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Nanyang New Development'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.
Nanyang New Development Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nanyang New Development's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nanyang New Development's Interest Coverage falls into.
Nanyang New Development 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:
Nanyang New Development 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.
What does a Interest Coverage of 0 (At Loss) mean?
Nanyang New Development (SGX:M15) 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 Nanyang New Development and its competitors.
Is Nanyang New Development's Interest Coverage too high?
Nanyang New Development's current Interest Coverage is 0 (At Loss).
How does Nanyang New Development's Interest Coverage compare to LIN and SHW?
Nanyang New Development's Interest Coverage of 0 (At Loss) can be compared against companies in the Chemicals industry. The industry median Interest Coverage is 10.28. 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.28, based on 1,234 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 Nanyang New Development and its competitors. For the Chemicals industry, the median Interest Coverage is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanyang New Development'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 Nanyang New Development stock overvalued right now?
Nanyang New Development (SGX:M15) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 120% above its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 Nanyang New Development (SGX:M15), 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.
Nanyang New Development Ltd principal activities of the Company are the formulation, manufacturing and sale of specialty chemicals focusing on dyestuff and auxiliaries for the textile industry. The geographic segments of the company are the PRC, Malaysia and Singapore. The company generates maximum revenue from the PRC.
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