National Investment Trust (XMAU:NIT) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


XMAU:NIT National Investment Trust Ltd XMAU:NIT
52 GF Score
Price MUR9.00
! 4 Warning Signs
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What is National Investment Trust Interest Coverage?

National Investment Trust XMAU:NIT +5.88% 52 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 1,329.23. GuruFocus rates XMAU:NIT with a GF Score™ of 52/100. The stock has 4 warning signs investors should review. Among 481 Asset Management companies, National Investment Trust ranks better than 99.79% 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. National Investment Trust's Operating Income for the three months ended in Mar. 2026 was MUR0.00 Mil. National Investment Trust's Interest Expense for the three months ended in Mar. 2026 was MUR0.00 Mil. National Investment Trust has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

National Investment Trust Ltd has no debt.

(1) 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.

The historical rank and industry rank for National Investment Trust's Interest Coverage or its related term are showing as below:

XMAU:NIT' s Interest Coverage Range Over the Past 10 Years
Min: 25.13   Med: 1329.23   Max: No Debt
Current: No Debt


XMAU:NIT's Interest Coverage is ranked better than
99.79% of 481 companies
in the Asset Management industry
Industry Median: 44.74 vs XMAU:NIT: No Debt

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


National Investment Trust  (XMAU:NIT) 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 .


National Investment Trust Interest Coverage Related Terms


National Investment Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for National Investment Trust'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.

National Investment Trust Interest Coverage Chart

National Investment Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,308.04 1,608.69 25.13 354.54 1,008.16

National Investment Trust Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 No Debt No Debt No Debt No Debt No Debt

XMAU:NIT vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, National Investment Trust'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.


National Investment Trust Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investment Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where National Investment Trust's Interest Coverage falls into.


XMAU:NIT
52GF Score
National Investment Trust Ltd XMAU:NIT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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National Investment Trust 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.

National Investment Trust's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, National Investment Trust's Interest Expense was MUR-0.05 Mil. Its Operating Income was MUR50.41 Mil. And its Long-Term Debt & Capital Lease Obligation was MUR0.00 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*50.408/-0.05
=1,008.16

National Investment Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, National Investment Trust's Interest Expense was MUR0.00 Mil. Its Operating Income was MUR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was MUR0.00 Mil.

National Investment Trust had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
National Investment Trust (XMAU:NIT) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Investment Trust and its competitors. This is 100% below median its historical median of 1,329.23. Over the past decade, National Investment Trust's Interest Coverage has ranged from 25.13 to 10,000.00. According to the industry distribution chart, National Investment Trust ranks #1 out of 481 companies in the Asset Management industry, placing it in the top 0.2%.
Is National Investment Trust's Interest Coverage too high?
National Investment Trust's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 1,329.23. Over the past 10 years, this metric has ranged from a low of 25.13 to a high of 10,000.00. Based on the distribution chart, National Investment Trust ranks #1 out of 481 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, National Investment Trust has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does National Investment Trust's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, National Investment Trust ranks #1 out of 481 companies for Interest Coverage. This places National Investment Trust in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 44.74. Historically, National Investment Trust's own Interest Coverage has ranged from 25.13 to 10,000.00 over the past decade. 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 44.74, based on 481 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 National Investment Trust and its competitors. For the Asset Management industry, the median Interest Coverage is 44.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Investment Trust's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 1,329.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Investment Trust stock overvalued right now?
National Investment Trust (XMAU:NIT) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 1,329.23. National Investment Trust's overall GF Score™ is 52/100 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 National Investment Trust (XMAU:NIT), the current Interest Coverage is No Debt (1) 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.

National Investment Trust Business Description

Address Sir William Newton Street, Level 8, Newton Tower, Port Louis, MUS, 11328
National Investment Trust Ltd is a closed-end fund. It invests in shares and securities in both the local and international markets. The investment objective of the NIT Local Equity Fund is to produce both income and capital growth from a diversified portfolio of domestic securities. The company has eight Funds under namely, the NIT Local Equity Fund, NIT Global Opportunities Fund, NIT North America Fund, NIT Europe Fund, NIT Emerging Markets Fund, NIT Global Healthcare Fund, NIT Global Bond Fund and the NIT Global Value.
52GF Score

Get the complete analysis for XMAU:NIT

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

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