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 -118.69x is 700% below its 1-year average of -14.83x, near the low end of its 1-year range (-118.69x–-11.77x).
700.27% below its 12-month average of -14.83x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2025 (2025-03-31): -20.17x.
INTEREST COVERAGE RATIO
-118.69x
INTEREST COVERAGE RATIO AVG TTM
-14.83x
INTEREST COVERAGE RATIO AVG 3Y
N/A
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
-700.27%
CURRENT VS 3Y AVG
N/A
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
3.75x
median of 108 covered companies
CURRENT VS SECTOR MEDIAN
-3269.29%
vs the sector median at left
Nexmetals Mining Corp.
Market Cap
$65.24M
Interest Coverage Ratio
-118.69x
TTM Avg
-14.83x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$63.17M
Interest Coverage Ratio
6.30x
TTM Avg
7.97x
3Y Avg
7.97x
5Y Avg
7.97x
Market Cap
$74.09M
Interest Coverage Ratio
-9.96x
TTM Avg
308.22x
3Y Avg
387.19x
5Y Avg
311.87x
Market Cap
$53.50M
Interest Coverage Ratio
-1.59x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$79.18M
Interest Coverage Ratio
-44.12x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.25M
Interest Coverage Ratio
1.40x
TTM Avg
1.40x
3Y Avg
1.40x
5Y Avg
1.40x
Market Cap
$79.71M
Interest Coverage Ratio
303.44x
TTM Avg
303.44x
3Y Avg
566.36x
5Y Avg
566.36x
Market Cap
$39.81M
Interest Coverage Ratio
-2.72x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.33M
Interest Coverage Ratio
-3.50x
TTM Avg
21.04x
3Y Avg
21.04x
5Y Avg
13.00x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nexmetals Mining Corp. (NEXM) | $65.24M | -118.69x | -14.83x | N/A | N/A |
| Namib Minerals (NAMM)vs › | $63.17M | 6.30x | 7.97x | 7.97x | 7.97x |
| Northern Technologies International Corporation (NTIC)vs › | $74.09M | -9.96x | 308.22x | 387.19x | 311.87x |
| Electra Battery Materials Corporation (ELBM)vs › | $53.50M | -1.59x | N/A | N/A | N/A |
| Atlas Lithium Corporation (ATLX)vs › | $79.18M | -44.12x | N/A | N/A | N/A |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.25M | 1.40x | 1.40x | 1.40x | 1.40x |
| Julong Holding Limited (JLHL)vs › | $79.71M | 303.44x | 303.44x | 566.36x | 566.36x |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.81M | -2.72x | N/A | N/A | N/A |
| Largo Inc. (LGO)vs › | $35.33M | -3.50x | 21.04x | 21.04x | 13.00x |
| Caesarstone Ltd. (CSTE)vs › | $98.37M | -19.45x | 4.65x | 5.87x | 9.52x |
Interest Coverage
-118.7x
Debt/Equity
0.03
Current Ratio
5.16
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 |
|---|---|
| 2025-03-31 | -20.17x |
| 2024-12-31 | -14.76x |
| 2024-09-30 | -14.10x |
| 2024-06-30 | -11.77x |
| 2024-03-31 | -13.36x |
