Nigerian Exchange Group

Nigerian Exchange Group Interest Coverage

The Interest Coverage Ratio of Nigerian Exchange Group (NGXGROUP.NL) as of Nov 3, 2026 is 3.28. In the previous year, Interest Coverage Ratio was 1.27 — a change of 158.55% (higher).

Interest Coverage

3.28

YoY

158.55%

Last updated:

Interest Coverage Ratio of Nigerian Exchange Group is 2024 3.28 . Interest Coverage Ratio of Nigerian Exchange Group was 2023 1.27 . It decreases by 158.55% higher compared to the previous year.

The Nigerian Exchange Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
0.31 NGN
Jan 1, 2018
-0.04 NGN
Jan 1, 2019
-0.37 NGN
Jan 1, 2020
-0.41 NGN
Jan 1, 2021
0.19 NGN
Jan 1, 2022
13.10 NGN
Jan 1, 2023
1.27 NGN
Jan 1, 2024
3.28 NGN
The Nigerian Exchange Group Interest Coverage history
YEARInterest CoverageYoY
3.28+158.55%
1.27-90.31%
13.10+6,738.58%
0.19-147.04%
-0.41+10.89%
-0.37+911.69%
-0.04-111.86%
0.31-131.67%
-0.97—

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Nigerian Exchange Group Stock analysis

What does Nigerian Exchange Group do? Nigerian Exchange Group Plc generates revenue through its subsidiaries offering market data solutions, securities listing and trading platforms, and regulatory services. Nigerian Exchange Limited provides facilities for securities trading and market data indices sold to the public. NGX Regulation Limited offers regulatory services. NGX Real Estate Limited manages property letting and investments, while Coral Properties Limited handles real estate development and sales. NSE Consult Limited serves financial advisers and consultants. The company's primary customers include investors, financial institutions, and real estate clients seeking market infrastructure and advisory services. The firm's revenue streams are derived from licensing market data, securities trading fees, real estate leasing, and consultancy services. Nigerian Exchange Limited's platform supports public securities transactions and data sales, while NGX Regulation Limited's regulatory services cater to market participants. Coral Properties Limited's real estate development targets property buyers, and NSE Consult Limited's advisory services are used by financial professionals. Nigerian Exchange Group Plc's business model integrates capital market infrastructure with real estate and consultancy services. Its subsidiaries operate across multiple segments: market data for public and institutional buyers, securities trading for investors, regulatory oversight for market participants, and real estate development for property clients. The company monetizes these segments through direct sales of data, transaction fees, property leases, and consultancy contracts. Nigerian Exchange Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nigerian Exchange Group stock

Interest Coverage Ratio of Nigerian Exchange Group is 3.28 in 2024.

Interest Coverage Ratio of Nigerian Exchange Group changed from 1.27 to 3.28, representing a 158.55% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Nigerian Exchange Group 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 Nigerian Exchange Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Nigerian Exchange Group

All Key Metrics — Nigerian Exchange Group