Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of -3.09x is 100% above its 3-year average of -649.15x, near the high end of its 3-year range (-5889.96x–-1.08x).
99.82% above its 12-month average of -1754.04x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -1123.56x.
INTEREST COVERAGE RATIO
-3.09x
INTEREST COVERAGE RATIO AVG TTM
-1754.04x
INTEREST COVERAGE RATIO AVG 3Y
-649.15x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+99.82%
CURRENT VS 3Y AVG
+99.52%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
3.68x
median of 109 covered companies
CURRENT VS SECTOR MEDIAN
-183.97%
vs the sector median at left
Greenland Mines Ltd.
Market Cap
$19.13M
Interest Coverage Ratio
-3.09x
TTM Avg
-1754.04x
3Y Avg
-649.15x
5Y Avg
N/A
Market Cap
$20.28M
Interest Coverage Ratio
-5.95x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.78M
Interest Coverage Ratio
-1.59x
TTM Avg
0.14x
3Y Avg
3.53x
5Y Avg
2.50x
Market Cap
$21.64M
Interest Coverage Ratio
0.00x
TTM Avg
0.00x
3Y Avg
1.32x
5Y Avg
1.60x
Market Cap
$11.37M
Interest Coverage Ratio
-6.88x
TTM Avg
17.71x
3Y Avg
18.96x
5Y Avg
27.08x
Market Cap
$10.56M
Interest Coverage Ratio
N/A
TTM Avg
6.51x
3Y Avg
85.70x
5Y Avg
85.70x
Market Cap
$9.58M
Interest Coverage Ratio
N/A
TTM Avg
5.06x
3Y Avg
3.36x
5Y Avg
3.55x
Market Cap
$7.50M
Interest Coverage Ratio
N/A
TTM Avg
0.68x
3Y Avg
1.10x
5Y Avg
1.10x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenland Mines Ltd. (GRML) | $19.13M | -3.09x | -1754.04x | -649.15x | N/A |
| Loop Industries, Inc. (LOOP)vs › | $20.28M | -5.95x | N/A | N/A | N/A |
| Mercer International Inc. (MERC)vs › | $16.78M | -1.59x | 0.14x | 3.53x | 2.50x |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.64M | 0.00x | 0.00x | 1.32x | 1.60x |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.37M | -6.88x | 17.71x | 18.96x | 27.08x |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.56M | N/A | 6.51x | 85.70x | 85.70x |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.58M | N/A | 5.06x | 3.36x | 3.55x |
| Blue Gold Limited (BGL)vs › | $8.27M | N/A | N/A | N/A | N/A |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.50M | N/A | 0.68x | 1.10x | 1.10x |
| Bon Natural Life Limited (BON)vs › | $7.06M | -4.43x | 15.51x | 15.41x | 13.62x |
Interest Coverage
-3.1x
Debt/Equity
0.01
Current Ratio
10.09
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-06-30 | -1123.56x |
| 2026-03-31 | -5889.96x |
| 2025-09-30 | -1.57x |
| 2025-06-30 | -1.08x |
| 2025-03-31 | -2.86x |
| 2024-12-31 | -6.24x |
| 2024-09-30 | -63.86x |
| 2024-06-30 | -26.26x |
| 2023-12-31 | -7.03x |
| 2023-09-30 | -6.07x |
| 2023-06-30 | -12.12x |
