An analysis of the notched coating adhesion (NCA) test is presented. This simple adhesion test method is appropriate for measuring the interfacial fracture toughness of some classes of coatings and open-faced adhesive bonds. The NCA specimen consists of a single substrate coated with a thin layer of adhesive. The coating is notched to sever the coating and induce sharp interfacial debonds, and the specimen is then loaded in tension. The substrate strain at which coating debonding occurs is recorded and used to determine the critical strain energy release rate. Yielding of the substrate is permitted, and does not significantly affect the calculation of the strain energy release rate. Analytical and finite element analysis are used to quantify the available strain energy release rate for both steady state and laterally-constrained cases. The available strain energy release rate is shown to be quite insensitive to the initial debond length. The specimen geometry results in a mode mix which causes the adhesive to debond along the interface.