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BBCMF (Blackbird Critical Metals) Interest Coverage : No Debt (1) (As of Jan. 2025)


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What is Blackbird Critical Metals Interest Coverage?

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. Blackbird Critical Metals's Operating Income for the three months ended in Jan. 2025 was $-0.14 Mil. Blackbird Critical Metals's Interest Expense for the three months ended in Jan. 2025 was $0.00 Mil. Blackbird Critical Metals has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Blackbird Critical Metals's Interest Coverage or its related term are showing as below:


BBCMF'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.


Blackbird Critical Metals Interest Coverage Historical Data

The historical data trend for Blackbird Critical Metals'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.

* Premium members only.

Blackbird Critical Metals Interest Coverage Chart

Blackbird Critical Metals Annual Data
Trend Jan21 Jan22
Interest Coverage
No Debt No Debt

Blackbird Critical Metals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Jul24 Oct24 Jan25
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 - - No Debt - No Debt

Competitive Comparison of Blackbird Critical Metals's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Blackbird Critical Metals'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.


Blackbird Critical Metals's Interest Coverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Blackbird Critical Metals's Interest Coverage falls into.


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Blackbird Critical Metals 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.

Blackbird Critical Metals's Interest Coverage for the fiscal year that ended in Jan. 2022 is calculated as

Here, for the fiscal year that ended in Jan. 2022, Blackbird Critical Metals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Blackbird Critical Metals had no debt (1).

Blackbird Critical Metals's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, Blackbird Critical Metals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Blackbird Critical Metals had no debt (1).

* 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.


Blackbird Critical Metals  (OTCPK:BBCMF) 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 .


Blackbird Critical Metals Interest Coverage Related Terms

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Blackbird Critical Metals Business Description

Traded in Other Exchanges
Address
2133 – 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3
Blackbird Critical Metals Corp is a mineral exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties located in British Columbia, Quebec, and the Northwest Territories in Canada. The company owns 100% of the Tyee Critical Metals Project located in North-Eastern Quebec and has the right to acquire a 100% interest in the Muskox Lithium Pegmatite Project located within the Yellowknife Pegmatite Province in the Northwest Territories.