BLSRF (Blast Resources) Interest Coverage: No Debt (1) (As of Apr. 2026) — 100% Below Median

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BLSRF Blast Resources Inc BLSRF
14 GF Score
Price $0.27
! 1 Warning Sign
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What is Blast Resources Interest Coverage?

Blast Resources BLSRF 14 Interest Coverage is No Debt (1) as of Apr. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BLSRF with a GF Scoreâ„¢ of 14/100. The stock has 1 warning sign investors should review. Among 1,337 Metals & Mining companies, Blast Resources ranks worse than 74794.24% 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. Blast Resources's Operating Income for the three months ended in Apr. 2026 was $-0.33 Mil. Blast Resources's Interest Expense for the three months ended in Apr. 2026 was $0.00 Mil. Blast Resources 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 Blast Resources's Interest Coverage or its related term are showing as below:


BLSRF'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.


Blast Resources  (OTCPK:BLSRF) 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 .


Blast Resources Interest Coverage Related Terms


Blast Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Blast Resources'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.

Blast Resources Interest Coverage Chart

Blast Resources Annual Data
Trend Jan22 Jan23 Jan24 Jan25 Jan26
Interest Coverage
No Debt No Debt No Debt 0.00 0.00

Blast Resources Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 No Debt No Debt 0.00 No Debt

BLSRF vs : Interest Coverage Comparison

For the Other Industrial Metals & Mining subindustry, Blast Resources'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.


Blast Resources Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Blast Resources's Interest Coverage falls into.


BLSRF
14GF Score
Blast Resources Inc BLSRF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Blast Resources 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.

Blast Resources's Interest Coverage for the fiscal year that ended in Jan. 2026 is calculated as

Here, for the fiscal year that ended in Jan. 2026, Blast Resources's Interest Expense was $-0.01 Mil. Its Operating Income was $-1.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Blast Resources did not have earnings to cover the interest expense.

Blast Resources's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Blast Resources's Interest Expense was $0.00 Mil. Its Operating Income was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Blast Resources 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Blast Resources (BLSRF) has a Interest Coverage of No Debt (1) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Blast Resources and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, Blast Resources ranks #999999 out of 1337 companies in the Metals & Mining industry.
Is Blast Resources' Interest Coverage too high?
Blast Resources' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Based on the distribution chart, Blast Resources ranks #999999 out of 1337 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Blast Resources has a GF Scoreâ„¢ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Blast Resources' Interest Coverage compare to ?
According to the Metals & Mining industry distribution chart, Blast Resources ranks #999999 out of 1337 companies for Interest Coverage. This places Blast Resources 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 1,337 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 Blast Resources 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. Blast Resources's current Interest Coverage is No Debt (1), 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 Blast Resources stock overvalued right now?
Blast Resources (BLSRF) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Blast Resources' overall GF Score™ is 14/100 with 1 warning sign 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 Blast Resources (BLSRF), the current Interest Coverage is No Debt (1) as of Apr. 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.

Blast Resources Business Description

Comparable Companies
Other Exchanges O0E:GermanyBLST:Canada
Address 580 Hornby Street, Suite 380, Vancouver, BC, CAN, V6C 2T8
Blast Resources Inc is a mineral exploration company engaged in acquiring, exploring, and evaluating resource properties. The company holds the option to earn a 100% interest in the Property located near Vernon, Utah, United States in central Tooele County, Utah, United States. The company's objective is to explore and, if warranted, develop the Property. The company will evaluate opportunities to acquire interests in additional exploration-stage mineral properties.
14GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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