Borealis Foods Inc. (BRLS) Interest Coverage Ratio: -1.84x
The interest coverage ratio for Borealis Foods Inc. (BRLS) is -1.84x as of Friday, June 12, 2026.
BRLS Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-1.84x
BRLS Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Borealis Foods Inc. (BRLS) | $29.83M | -1.84x | N/A | N/A | N/A |
| Conagra Brands, Inc. (CAG) | $6.43B | 3.27x | 2.62x | 2.84x | 3.08x |
| Celsius Holdings, Inc. (CELH) | $7.26B | 9.57x | 9.57x | 9.57x | 8.47x |
| The Clorox Company (CLX) | $11.89B | 13.38x | 10.71x | 9.33x | 10.41x |
| Brown-Forman Corporation (BF-B) | $12.44B | 12.46x | 11.02x | 10.89x | 12.11x |
| The J. M. Smucker Company (SJM) | $12.46B | 0.94x | 0.94x | 2.40x | 4.28x |
| McCormick & Company, Incorporated (MKC) | $13.24B | 5.57x | 5.31x | 5.26x | 5.97x |
| Hormel Foods Corporation (HRL) | $13.45B | 9.21x | 11.21x | 14.51x | 22.69x |
| General Mills, Inc. (GIS) | $18.05B | 6.02x | 6.42x | 7.70x | 7.46x |
| Dollar Tree, Inc. (DLTR) | $22.08B | 18.69x | 16.14x | 16.02x | 14.94x |
Financial Health Indicators
Interest Coverage
-1.8x
Debt/Equity
-1.20
Current Ratio
0.12
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Borealis Foods Inc. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Borealis Foods Inc. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Borealis Foods Inc. (BRLS)?
- The interest coverage ratio for BRLS stock is -1.84x.
About Borealis Foods Inc.
Borealis Foods Inc. is an enterprise focused on the distribution of food products that are rich in plant-derived protein. The company's offerings feature Chef Woo, a meat alternative with a high protein content, and Ramen Express, which provides vegetarian ramen noodle selections. Established in 2020, Borealis Foods Inc. conducts its operations from its headquarters in Oakville, Canada.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Reza Soltanzadeh