NiCAN

NiCAN Interest Coverage

The Interest Coverage Ratio of NiCAN (NICN.V) as of Oct 5, 2026 is -45.22. In the previous year, Interest Coverage Ratio was -34.04 — a change of 32.86% (lower).

Interest Coverage

-45.22

YoY

32.86%

Last updated:

Interest Coverage Ratio of NiCAN is 2026 -45.22 . Interest Coverage Ratio of NiCAN was 2025 -34.04 . It decreases by 32.86% lower compared to the previous year.

The NiCAN Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2022
-36.37 CAD
Jan 1, 2023
-34.04 CAD
Jan 1, 2024
-45.22 CAD
The NiCAN Interest Coverage history
YEARInterest CoverageYoY
-45.22+32.86%
-34.04-6.41%
-36.37—
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NiCAN Stock analysis

What does NiCAN do? NiCAN is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NiCAN stock

Interest Coverage Ratio of NiCAN is -45.22 in 2026.

Interest Coverage Ratio of NiCAN changed from -34.04 to -45.22, representing a 32.86% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio NiCAN since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's NiCAN with sector peers and the industry average to assess whether it is attractive.

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