Novus Properties (XMAU:NOV) Interest Expense: MUR-0.97 Mil (TTM As of Mar. 2026)

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XMAU:NOV Novus Properties Ltd XMAU:NOV
80 GF Score
Price MUR6.80
GF Value MUR9.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Novus Properties Interest Expense?

Novus Properties XMAU:NOV 80 Interest Expense is MUR-0.97 Mil as of Mar. 2026. GuruFocus rates XMAU:NOV with a GF Score™ of 80/100 and a GF Value™ of MUR9.11 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Novus Properties's interest expense for the three months ended in Mar. 2026 was MUR -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was MUR-0.97 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. Novus Properties's Operating Income for the three months ended in Mar. 2026 was MUR 3.45 Mil. Novus Properties's Interest Expense for the three months ended in Mar. 2026 was MUR -0.32 Mil. Novus Properties's Interest Coverage for the quarter that ended in Mar. 2026 was 10.74. 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.

Novus Properties  (XMAU:NOV) 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.

Novus Properties's Interest Expense for the three months ended in Mar. 2026 was MUR-0.32 Mil. Its Operating Income for the three months ended in Mar. 2026 was MUR3.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was MUR0.00 Mil.

Novus Properties'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*3.447/-0.321
=10.74

* 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.

Novus Properties Interest Expense Historical Data

* Premium members only.

The historical data trend for Novus Properties'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.

Novus Properties Interest Expense Chart

Novus Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.71 -2.75 -3.82 -4.37 -2.22

Novus Properties Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 -0.10 -0.31 -0.32 -0.33 -0.32
XMAU:NOV
80GF Score
Novus Properties Ltd XMAU:NOV
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Properties 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 MUR-0.97 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 MUR-0.97 Mil mean?
Novus Properties (XMAU:NOV) has a Interest Expense of MUR-0.97 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Novus Properties and its competitors.
Is Novus Properties' Interest Expense too high?
Novus Properties' current Interest Expense is MUR-0.97 Mil. Overall, Novus Properties has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novus Properties' Interest Expense compare to CBRE and BEKE?
Novus Properties' Interest Expense of MUR-0.97 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Interest Expense depends on the Real Estate 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 Novus Properties and its competitors. Novus Properties's current Interest Expense is MUR-0.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Properties stock overvalued right now?
Based on GuruFocus' analysis, Novus Properties (XMAU:NOV) is currently considered Modestly Undervalued. The stock's GF Value™ is MUR9.11, compared to a current price of MUR6.80 — trading 25.4% below its estimated fair value. The current Interest Expense is MUR-0.97 Mil. Novus Properties' overall GF Score™ is 80/100 with 3 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 Novus Properties (XMAU:NOV), the current Interest Expense is MUR-0.97 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 Novus Properties (XMAU:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, Novus Properties stock appears to be undervalued. The current stock price of MUR6.80 is trading 25.4% below its estimated GF Value™ of MUR9.11. GuruFocus considers Novus Properties to be Modestly Undervalued.

Key valuation signals for XMAU:NOV:

  • Interest Expense: MUR-0.97 Mil
  • GF Value™: MUR9.11 vs. price of MUR6.80 (25.4% below fair value)
  • GF Score™: 80/100 with 3 warning signs

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

Novus Properties Business Description

Address C/o NWT Secretarial Services Ltd, Wall Street, 3rd Floor, Carleton Tower, Cybercity, Ebene, MUS, 72201
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income. The company has invested in Industrial building at Pailles, GRNW, Offices at Grand Bay Business Park.
80GF Score

Get the complete analysis for XMAU:NOV

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

MUR6.80
Price
MUR9.11
GF Value