Bitcoin Well (FRA:BH9) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Bitcoin Well Interest Coverage?

Bitcoin Well FRA:BH9 Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 4 warning signs investors should review. Among 430 Capital Markets companies, Bitcoin Well ranks worse than 232557.91% 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. Bitcoin Well's Operating Income for the three months ended in Mar. 2026 was €-0.63 Mil. Bitcoin Well's Interest Expense for the three months ended in Mar. 2026 was €-0.51 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 Bitcoin Well's Interest Coverage or its related term are showing as below:


FRA:BH9's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375
* 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.


Bitcoin Well  (FRA:BH9) 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 .


Bitcoin Well Interest Coverage Related Terms


Bitcoin Well Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bitcoin Well'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.

Bitcoin Well Interest Coverage Chart

Bitcoin Well Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Bitcoin Well Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 0.00 0.00 0.00

FRA:BH9 vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Bitcoin Well'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.


Bitcoin Well Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Well's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bitcoin Well's Interest Coverage falls into.



Bitcoin Well 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.

Bitcoin Well's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Bitcoin Well's Interest Expense was €-1.98 Mil. Its Operating Income was €-1.58 Mil. And its Long-Term Debt & Capital Lease Obligation was €9.79 Mil.

Bitcoin Well did not have earnings to cover the interest expense.

Bitcoin Well's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Bitcoin Well's Interest Expense was €-0.51 Mil. Its Operating Income was €-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation was €8.43 Mil.

Bitcoin Well 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?
Bitcoin Well (FRA:BH9) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bitcoin Well and its competitors. According to the industry distribution chart, Bitcoin Well ranks #999999 out of 430 companies in the Capital Markets industry.
Is Bitcoin Well's Interest Coverage too high?
Bitcoin Well's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Bitcoin Well ranks #999999 out of 430 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Bitcoin Well's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitcoin Well ranks #999999 out of 430 companies for Interest Coverage. This places Bitcoin Well in the lower half of its industry. The industry median Interest Coverage is 19.38. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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 Bitcoin Well and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Well'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 Bitcoin Well stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Well (FRA:BH9) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.08, compared to a current price of €0.01 — trading 82.5% below its estimated fair value. 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 Bitcoin Well (FRA:BH9), the current Interest Coverage is 0 (At Loss) 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.

Bitcoin Well Business Description

Other Exchanges BCNWF:USABTCW:Canada
Address 10175 - 101 Street NW, Suite 1700, Enbridge Centre, Edmonton, AB, CAN, T5J 0H3
Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services. The company operates in three operating business segments: Bitcoin ATMs, Online Bitcoin Portal and Bitcoin Well Infinite. It derives maximum revenue from the Bitcoin ATM segment, which comprises sales and expenses related to the company's Bitcoin ATMs placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the company's online bitcoin platform. The Bitcoin Well Infinite segment includes sales and expenses related to large bitcoin transactions for high net worth individuals and businesses.