Next (NXGPF) Interest Expense: $-131 Mil (TTM As of Jan. 2026)


NXGPF Next PLC NXGPF
85 GF Score
Price $197.60
GF Value $166.60
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Next Interest Expense?

Next NXGPF 85 Interest Expense is $-131 Mil as of Jan. 2026. GuruFocus rates NXGPF with a GF Score™ of 85/100 and a GF Value™ of $166.60 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Next's interest expense for the six months ended in Jan. 2026 was $ -65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2026 was $-131 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. Next's Operating Income for the six months ended in Jan. 2026 was $ 985 Mil. Next's Interest Expense for the six months ended in Jan. 2026 was $ -65 Mil. Next's Interest Coverage for the quarter that ended in Jan. 2026 was 15.10. 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.


Next  (OTCPK:NXGPF) 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.

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

Next's Interest Expense for the six months ended in Jan. 2026 was $-65 Mil. Its Operating Income for the six months ended in Jan. 2026 was $985 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2026 was $1,937 Mil.

Next's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2026 )/Interest Expense (Q: Jan. 2026 )
=-1*984.709/-65.223
=15.10

* 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.


Next Interest Expense Historical Data

* Premium members only.

The historical data trend for Next'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.

Next Interest Expense Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -117.21 -95.35 -111.18 -119.41 -131.53

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Interest Expense 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 -59.21 -61.39 -60.45 -66.13 -65.22
NXGPF
85GF Score
Next PLC NXGPF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Interest Expense Calculation

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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-131 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-131 Mil mean?
Next (NXGPF) has a Interest Expense of $-131 Mil as of Jan. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Next and its competitors.
Is Next's Interest Expense too high?
Next's current Interest Expense is $-131 Mil. Overall, Next has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Interest Expense compare to TJX and ROST?
Next's Interest Expense of $-131 Mil can be compared against companies in the Retail - Cyclical 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 a Retail - Cyclical company?
A good Interest Expense depends on the Retail - Cyclical 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 Next and its competitors. Next's current Interest Expense is $-131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $166.60, compared to a current price of $197.60 — trading 18.6% above its estimated fair value. The current Interest Expense is $-131 Mil. Next's overall GF Score™ is 85/100 with 2 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 Next (NXGPF), the current Interest Expense is $-131 Mil as of Jan. 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 Next (NXGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of $197.60 is trading 18.6% above its estimated GF Value™ of $166.60. GuruFocus considers Next to be Modestly Overvalued.

Key valuation signals for NXGPF:

  • Interest Expense: $-131 Mil
  • GF Value™: $166.60 vs. price of $197.60 (18.6% above fair value)
  • GF Score™: 85/100 with 2 warning signs

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


Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
85GF Score

Get the complete analysis for NXGPF

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

$197.60
Price
$166.60
GF Value