Novem Group (WBO:NVM) Interest Expense: €-15.1 Mil (TTM As of Mar. 2026)


What is Novem Group Interest Expense?

Novem Group WBO:NVM +1.55% Interest Expense is €-15.1 Mil as of Mar. 2026. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Novem Group's interest expense for the three months ended in Mar. 2026 was € -3.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was €-15.1 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. Novem Group's Operating Income for the three months ended in Mar. 2026 was € 5.3 Mil. Novem Group's Interest Expense for the three months ended in Mar. 2026 was € -3.3 Mil. Novem Group's Interest Coverage for the quarter that ended in Mar. 2026 was 1.62. 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.

Novem Group  (WBO:NVM) 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.

Novem Group's Interest Expense for the three months ended in Mar. 2026 was €-3.3 Mil. Its Operating Income for the three months ended in Mar. 2026 was €5.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was €30.8 Mil.

Novem Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.307/-3.284
=1.62

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Novem Group SA interest coverage is 1.24, which is low.

Novem Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Novem Group'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.

Novem Group Interest Expense Chart

Novem Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -19.01 -9.88 -19.28 -19.48 -15.38

Novem Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.42 -4.20 -3.72 -3.90 -3.28

Novem Group 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-15.1 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 €-15.1 Mil mean?
Novem Group (WBO:NVM) has a Interest Expense of €-15.1 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Novem Group and its competitors.
Is Novem Group's Interest Expense too high?
Novem Group's current Interest Expense is €-15.1 Mil.
How does Novem Group's Interest Expense compare to ORLY and AZO?
Novem Group's Interest Expense of €-15.1 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts 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 Novem Group and its competitors. Novem Group's current Interest Expense is €-15.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novem Group stock overvalued right now?
Novem Group (WBO:NVM) has a current Interest Expense of €-15.1 Mil. The stock's GF Value™ is €7.63, compared to a current price of €2.62 — trading 65.7% below its estimated fair value. The current Interest Expense is €-15.1 Mil. 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 Novem Group (WBO:NVM), the current Interest Expense is €-15.1 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.

Novem Group Business Description

Other Exchanges 0ABP:UKNVM:Germany
Address Industriestrasse 45, Vorbach, DEU, 95519
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments include the production, processing, and sale of high-quality trims and decorative functional elements in vehicle interiors. The three reportable operating segments of the Group are Europe, Americas, and Asia.