Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NEL ASA's interest expense for the
three
months ended in Mar. 2026 was $ -1.30 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.49 Mil.
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. NEL ASA's Operating Income for the
three
months ended in Mar. 2026 was $ -15.94 Mil. NEL ASA's Interest Expense for the
three
months ended in Mar. 2026 was $ -1.30 Mil.
NEL ASA did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
NEL ASA (OTCPK:NLLSY) Interest Expense Explanation
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. The higher, the better.
NEL ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as
NEL 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.
NEL ASA Interest Expense Historical Data
* Premium members only.
The historical data trend for NEL ASA's Interest Expense 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.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.49 Mil.
* 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.
NEL ASA (NLLSY) has a Interest Expense of $-2.49 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on NEL ASA and its competitors.
Is NEL ASA's Interest Expense too high?
NEL ASA's current Interest Expense is $-2.49 Mil. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Interest Expense compare to GEV and ETN?
NEL ASA's Interest Expense of $-2.49 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on NEL ASA and its competitors. NEL ASA's current Interest Expense is $-2.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Fairly Valued. The stock's GF Value™ is $8.46, compared to a current price of $7.67 — trading 9.3% below its estimated fair value. The current Interest Expense is $-2.49 Mil. NEL ASA's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For NEL ASA (NLLSY), the current Interest Expense is $-2.49 Mil 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 NEL ASA (NLLSY) Overvalued in 2026?
Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued.
The current stock price of $7.67 is trading 9.3% below its estimated GF Value™ of $8.46.
GuruFocus considers NEL ASA to be Fairly Valued.
Key valuation signals for NLLSY:
Interest Expense: $-2.49 Mil
GF Value™: $8.46 vs. price of $7.67 (9.3% below fair value)
No single metric tells the full story. See the NLLSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score
Get the complete analysis for NLLSY
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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