Progressive Planet SolutionsASHXF -3.54%34 Interest Coverage is 4.19 as of Jan. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates ASHXF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,319 Metals & Mining companies, Progressive Planet Solutions ranks worse than 86.66% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Progressive Planet Solutions's
Operating Income
for the
three
months ended in Jan. 2026 was $0.29 Mil. Progressive Planet Solutions's Interest Expense for the
three
months ended in Jan. 2026 was $-0.07 Mil.
Progressive Planet Solutions's interest coverage for the quarter that ended in Jan. 2026 was 4.19.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Progressive Planet Solutions's Interest Coverage or its related term are showing as below:
ASHXF'
s Interest Coverage Range Over the Past 10 Years
Min: 1.2 Med: No Debt Max: No Debt
Current: 6.39
ASHXF's Interest Coverage is ranked worse than 86.66% of 1319
companies
in the Metals & Mining industry
Industry Median: No Debt
vs ASHXF: 6.39
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Progressive Planet Solutions Interest Coverage Related Terms
Progressive Planet Solutions Interest Coverage Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Progressive Planet Solutions Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Progressive Planet Solutions's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progressive Planet Solutions (ASHXF) has a Interest Coverage of 4.19 as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Progressive Planet Solutions and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Progressive Planet Solutions' Interest Coverage has ranged from 1.20 to 10,000.00. According to the industry distribution chart, Progressive Planet Solutions ranks #1143 out of 1319 companies in the Metals & Mining industry, placing it in the top 86.7%.
Is Progressive Planet Solutions' Interest Coverage too high?
Progressive Planet Solutions' current Interest Coverage of 4.19 is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 10,000.00. The Metals & Mining industry median Interest Coverage is 10,000.00. Progressive Planet Solutions' value of 4.19 is 100% below this industry median. Based on the distribution chart, Progressive Planet Solutions ranks #1143 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Progressive Planet Solutions has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #1143 out of 1319 companies for Interest Coverage. This places Progressive Planet Solutions in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Progressive Planet Solutions' value of 4.19 is 100% below this benchmark. Historically, Progressive Planet Solutions' own Interest Coverage has ranged from 1.20 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 10,000.00, Progressive Planet Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progressive Planet Solutions's current Interest Coverage of 4.19 is 100% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Progressive Planet Solutions and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Planet Solutions's current Interest Coverage is 4.19, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.23 — trading 65.4% above its estimated fair value. The current Interest Coverage is 4.19, which is 100% below median its 10-year median of 10,000.00 and 100% below the Metals & Mining industry median of 10,000.00. Progressive Planet Solutions' overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Progressive Planet Solutions (ASHXF), the current Interest Coverage is 4.19 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progressive Planet Solutions (ASHXF) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued.
The current stock price of $0.23 is trading 65.4% above its estimated GF Value™ of $0.14.
GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.
Key valuation signals for ASHXF:
Interest Coverage: 4.19 (100% below median its 10-year median of 10,000.00)
GF Value™: $0.14 vs. price of $0.23 (65.4% above fair value)
Industry Position: 100% below the Metals & Mining median (#1143 of 1319)
No single metric tells the full story. See the ASHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
34GF Score
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