Triple One Metals (FRA:55V1) Interest Coverage: 0 (At Loss) (As of May. 2026)

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What is Triple One Metals Interest Coverage?

Triple One Metals FRA:55V1 +46.43% Interest Coverage is 0 (At Loss) as of May. 2026. Among 1,343 Metals & Mining companies, Triple One Metals ranks worse than 74460.09% 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. Triple One Metals's Operating Income for the three months ended in May. 2026 was €-0.05 Mil. Triple One Metals's Interest Expense for the three months ended in May. 2026 was €-0.00 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 Triple One Metals's Interest Coverage or its related term are showing as below:


FRA:55V1'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.


Triple One Metals  (FRA:55V1) 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 .


Triple One Metals Interest Coverage Related Terms


Triple One Metals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Triple One 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.

Triple One Metals Interest Coverage Chart

Triple One Metals Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial 0.00 No Debt 0.00 0.00 0.00

Triple One Metals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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

Triple One Metals Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Triple One 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.


Triple One Metals Interest Coverage vs Metals & Mining Industry

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

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



Triple One 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.

Triple One Metals's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, Triple One Metals's Interest Expense was €-0.01 Mil. Its Operating Income was €-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Triple One Metals did not have earnings to cover the interest expense.

Triple One Metals's Interest Coverage for the quarter that ended in May. 2026 is calculated as

Here, for the three months ended in May. 2026, Triple One Metals's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Triple One Metals 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?
Triple One Metals (FRA:55V1) has a Interest Coverage of 0 (At Loss) as of May. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Triple One Metals and its competitors. According to the industry distribution chart, Triple One Metals ranks #999999 out of 1343 companies in the Metals & Mining industry.
Is Triple One Metals' Interest Coverage too high?
Triple One Metals' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Triple One Metals ranks #999999 out of 1343 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Triple One Metals' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Triple One Metals ranks #999999 out of 1343 companies for Interest Coverage. This places Triple One Metals 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 1,343 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 Triple One Metals 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. Triple One Metals'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 Triple One Metals stock overvalued right now?
Triple One Metals (FRA:55V1) 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 Triple One Metals (FRA:55V1), the current Interest Coverage is 0 (At Loss) as of May. 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.

Triple One Metals Business Description

Other Exchanges TONE:Canada
Address 2040 Cullin Road, Shawnigan Lake, BC, CAN, V8H 2G5
Triple One Metals Inc is a junior exploration company exploring for precious and base metal deposits. Its current projects are located in the province of Newfoundland and Labrador in Canada. The company owns a hundred percent interest innterest in seven licenses at the Caledonia Brook gold property located south of Windsor-Grand Falls in central Newfoundland. The Caledonia Brook Properties consist of two adjacent blocks, Caledonia 1 to the south and Caledonia 2 to the north.