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. Neptune Digital Assets's
Operating Income
for the
three
months ended in Feb. 2026 was C$-1.32 Mil. Neptune Digital Assets's Interest Expense for the
three
months ended in Feb. 2026 was C$-0.26 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 Neptune Digital Assets's Interest Coverage or its related term are showing as below:
TSXV:NDA's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375 * Ranked among companies with meaningful Interest Coverage only.
Neptune Digital Assets (TSXV:NDA) 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 .
Neptune Digital Assets Interest Coverage Related Terms
Neptune Digital Assets Interest Coverage Historical Data
* Premium members only.
The historical data trend for Neptune Digital Assets'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.
TSXV:NDA vs MS, GS, SCHW: Interest Coverage Comparison
For the Capital Markets subindustry, Neptune Digital Assets'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.
Neptune Digital Assets Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Neptune Digital Assets's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Neptune Digital Assets's Interest Coverage falls into.
Neptune Digital Assets 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:
Neptune Digital Assets 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?
Neptune Digital Assets (TSXV:NDA) has a Interest Coverage of 0 (At Loss) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Neptune Digital Assets and its competitors. According to the industry distribution chart, Neptune Digital Assets ranks #999999 out of 430 companies in the Capital Markets industry.
Is Neptune Digital Assets' Interest Coverage too high?
Neptune Digital Assets' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Neptune Digital Assets ranks #999999 out of 430 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Neptune Digital Assets has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neptune Digital Assets' Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Neptune Digital Assets ranks #999999 out of 430 companies for Interest Coverage. This places Neptune Digital Assets in the lower half of its industry. The industry median Interest Coverage is 19.38. 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 19.38, based on 430 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 Neptune Digital Assets and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Digital Assets'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 Neptune Digital Assets stock overvalued right now?
Based on GuruFocus' analysis, Neptune Digital Assets (TSXV:NDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.22, compared to a current price of C$0.61 — trading 177.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Neptune Digital Assets' overall GF Score™ is 31/100 with 6 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 Neptune Digital Assets (TSXV:NDA), the current Interest Coverage is 0 (At Loss) as of Feb. 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 Neptune Digital Assets (TSXV:NDA) Overvalued in 2026?
Based on GuruFocus' analysis, Neptune Digital Assets stock appears to be overvalued.
The current stock price of C$0.61 is trading 177.3% above its estimated GF Value™ of C$0.22.
GuruFocus considers Neptune Digital Assets to be Significantly Overvalued.
Key valuation signals for TSXV:NDA:
Interest Coverage: 0 (At Loss)
GF Value™: C$0.22 vs. price of C$0.61 (177.3% above fair value)
No single metric tells the full story. See the TSXV:NDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neptune Digital Assets Corp is engaged in developing, owning, and operating infrastructure for the digital currency ecosystem. Its core assets are digital currencies, and its main business activities include Bitcoin mining, blockchain staking, and node management to generate digital currency rewards, as well as participation in decentralized finance (DeFi) activities. Additionally, the company engages in cash lending with the objective of earning interest. The company operates in Canada and the United States. The majority of the company's bitcoin mining revenue is derived from Canada.
31GF Score
Get the complete analysis for TSXV:NDA
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