49 North ResourcesFNINF +1,150.00% Interest Coverage is 13.25 as of Mar. 2026, which is 94% above its 10-year median of 6.84. The stock has 3 warning signs investors should review. Among 476 Asset Management companies, 49 North Resources ranks worse than 52.52% 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. 49 North Resources's
Operating Income
for the
three
months ended in Mar. 2026 was $0.21 Mil. 49 North Resources's Interest Expense for the
three
months ended in Mar. 2026 was $-0.02 Mil.
49 North Resources's interest coverage for the quarter that ended in Mar. 2026 was 13.25.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for 49 North Resources's Interest Coverage or its related term are showing as below:
FNINF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.26 Med: 6.84 Max: 34.49
Current: 34.49
FNINF's Interest Coverage is ranked worse than 52.52% of 476
companies
in the Asset Management industry
Industry Median: 43.13
vs FNINF: 34.49
49 North Resources (OTCPK:FNINF) 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 .
49 North Resources Interest Coverage Related Terms
49 North Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for 49 North 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.
FNINF vs BLK, BX, KKR: Interest Coverage Comparison
For the Asset Management subindustry, 49 North 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.
49 North Resources Interest Coverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, 49 North Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where 49 North Resources'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.
49 North Resources (FNINF) has a Interest Coverage of 13.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on 49 North Resources and its competitors. This is 94% above median its historical median of 6.84. Over the past decade, 49 North Resources' Interest Coverage has ranged from 0.26 to 34.49. According to the industry distribution chart, 49 North Resources ranks #250 out of 476 companies in the Asset Management industry, placing it in the top 52.5%.
Is 49 North Resources' Interest Coverage too high?
49 North Resources' current Interest Coverage of 13.25 is 94% above median its 10-year median of 6.84. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 34.49. The Asset Management industry median Interest Coverage is 43.13. 49 North Resources' value of 13.25 is 69.3% below this industry median. Based on the distribution chart, 49 North Resources ranks #250 out of 476 companies in the Asset Management industry, which is below the industry midpoint.
How does 49 North Resources' Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, 49 North Resources ranks #250 out of 476 companies for Interest Coverage. This places 49 North Resources in the lower half of its industry. The industry median Interest Coverage is 43.13. 49 North Resources' value of 13.25 is 69.3% below this benchmark. Historically, 49 North Resources' own Interest Coverage has ranged from 0.26 to 34.49 over the past decade. While the company's 10-year median is 6.84 vs. the industry median of 43.13, 49 North Resources 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 43.13, based on 476 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. 49 North Resources's current Interest Coverage of 13.25 is 69.3% 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 49 North Resources and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 49 North Resources's current Interest Coverage is 13.25, which is 94% above median its own 10-year median of 6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 49 North Resources stock overvalued right now?
49 North Resources (FNINF) has a current Interest Coverage of 13.25. The current Interest Coverage is 13.25, which is 94% above median its 10-year median of 6.84 and 69.3% below the Asset Management industry median of 43.13. 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 49 North Resources (FNINF), the current Interest Coverage is 13.25 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.
49 North Resources Inc is a Saskatchewan-focused resource investment company. The company provides diversified exposure to oil & gas, potash, uranium, diamonds, coal, base & precious metals, and rare earth elements.
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