Euro Manganese (ASX:EMN) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Euro Manganese Interest Coverage?

Euro Manganese ASX:EMN Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,317 Metals & Mining companies, Euro Manganese ranks worse than 75930.07% 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. Euro Manganese's Operating Income for the three months ended in Mar. 2026 was A$-2.91 Mil. Euro Manganese's Interest Expense for the three months ended in Mar. 2026 was A$-1.22 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Euro Manganese's Interest Coverage or its related term are showing as below:


ASX:EMN's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Euro Manganese  (ASX:EMN) Interest Coverage Explanation

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 .

Euro Manganese Interest Coverage Related Terms

Euro Manganese Interest Coverage Historical Data

* Premium members only.

The historical data trend for Euro Manganese's Interest Coverage can be seen below:

* 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.

Euro Manganese Interest Coverage Chart

Euro Manganese Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Euro Manganese Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Euro Manganese Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Euro Manganese'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.

Euro Manganese Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Euro Manganese's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Euro Manganese's Interest Coverage falls into.


Euro Manganese Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Euro Manganese's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Euro Manganese's Interest Expense was A$-4.67 Mil. Its Operating Income was A$-12.35 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.01 Mil.

Euro Manganese did not have earnings to cover the interest expense.

Euro Manganese's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Euro Manganese's Interest Expense was A$-1.22 Mil. Its Operating Income was A$-2.91 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

Euro Manganese did not have earnings to cover the 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Euro Manganese (ASX:EMN) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Euro Manganese and its competitors. According to the industry distribution chart, Euro Manganese ranks #999999 out of 1317 companies in the Metals & Mining industry.
Is Euro Manganese's Interest Coverage too high?
Euro Manganese's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Euro Manganese ranks #999999 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Euro Manganese's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Euro Manganese ranks #999999 out of 1317 companies for Interest Coverage. This places Euro Manganese in the lower half of its industry. The industry median Interest Coverage is 10,000.00. 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 1,317 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. 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 Euro Manganese 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. Euro Manganese's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Manganese stock overvalued right now?
Euro Manganese (ASX:EMN) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Euro Manganese (ASX:EMN), the current Interest Coverage is 0 (At Loss) as of Mar. 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.

Euro Manganese Business Description

Address 700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8
Euro Manganese Inc is focused on advancing the Chvaletice Manganese Project, which involves the re-processing of a readily leachable manganese deposit contained in the tailings of a decommissioned mine in the Czech Republic. The Company is also progressing an opportunity to develop a project in Canada aimed at producing high-purity manganese products for the North American market, mainly for use in lithium-ion batteries. The company seeks to produce high-purity manganese products in an economically, socially, and environmentally sound manner. The Company operates through three segments: Mangan, EPCS, and Corporate. The Mangan and EPCS assets are geographically located in the Czech Republic, while corporate activities and assets are based in Canada.