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CPPMF (Coppernico Metals) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Coppernico 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. Coppernico Metals's Operating Income for the three months ended in Mar. 2025 was $-2.32 Mil. Coppernico Metals's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. Coppernico Metals has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Coppernico Metals Inc has no debt.

(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 Coppernico Metals's Interest Coverage or its related term are showing as below:

CPPMF' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


CPPMF's Interest Coverage is ranked better than
99.77% of 1321 companies
in the Metals & Mining industry
Industry Median: No Debt vs CPPMF: No Debt

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


Coppernico Metals Interest Coverage Historical Data

The historical data trend for Coppernico 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.

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Coppernico Metals Interest Coverage Chart

Coppernico Metals Annual Data
Trend Dec23 Dec24
Interest Coverage
- -

Coppernico Metals Quarterly Data
Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial - No Debt No Debt No Debt No Debt

Competitive Comparison of Coppernico Metals's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Coppernico 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.


Coppernico Metals's Interest Coverage Distribution in the Metals & Mining Industry

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

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


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Coppernico 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.

Coppernico Metals's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Coppernico Metals's Interest Expense was $-0.00 Mil. Its Operating Income was $-6.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Coppernico Metals did not have earnings to cover the interest expense.

Coppernico Metals's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Coppernico Metals's Interest Expense was $0.00 Mil. Its Operating Income was $-2.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Coppernico 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.


Coppernico Metals  (OTCPK:CPPMF) 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 .


Coppernico Metals Interest Coverage Related Terms

Thank you for viewing the detailed overview of Coppernico Metals's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Coppernico Metals Business Description

Traded in Other Exchanges
Address
997 Seymour Street, Suite 250, No. 1300, Vancouver, BC, CAN, V6B 3M1
Coppernico Metals Inc is an mineral exploration company focused on creating value for shareholders and stakeholders through the exploration and discovery of world-class copper-gold deposits in South America. The company's primary asset is the Sombrero copper-gold district located in southern Peru.