Perseverance Metals (FRA:EX0) Interest Coverage: No Debt (1) (As of Mar. 2026)

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FRA:EX0 Perseverance Metals Inc FRA:EX0
22 GF Score
Price €0.32
! 1 Warning Sign
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What is Perseverance Metals Interest Coverage?

Perseverance Metals FRA:EX0 +10.42% 22 Interest Coverage is No Debt (1) as of Mar. 2026. GuruFocus rates FRA:EX0 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 1,319 Metals & Mining companies, Perseverance Metals ranks worse than 75814.94% 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. Perseverance Metals's Operating Income for the three months ended in Mar. 2026 was €-0.67 Mil. Perseverance Metals's Interest Expense for the three months ended in Mar. 2026 was €0.00 Mil. Perseverance Metals 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 Perseverance Metals's Interest Coverage or its related term are showing as below:


FRA:EX0'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.


Perseverance Metals  (FRA:EX0) 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 .


Perseverance Metals Interest Coverage Related Terms


Perseverance Metals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Perseverance 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.

Perseverance Metals Interest Coverage Chart

Perseverance Metals Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
0.00 0.00 0.00

Perseverance Metals Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 No Debt

Perseverance Metals Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Perseverance 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.


Perseverance Metals Interest Coverage vs Metals & Mining Industry

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

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


FRA:EX0
22GF Score
Perseverance Metals Inc FRA:EX0
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Perseverance 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.

Perseverance Metals'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, Perseverance Metals's Interest Expense was €-0.00 Mil. Its Operating Income was €-3.59 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

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

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

Here, for the three months ended in Mar. 2026, Perseverance Metals's Interest Expense was €0.00 Mil. Its Operating Income was €-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Perseverance 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Perseverance Metals (FRA:EX0) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Perseverance Metals and its competitors. According to the industry distribution chart, Perseverance Metals ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Perseverance Metals' Interest Coverage too high?
Perseverance Metals' current Interest Coverage is No Debt (1). Based on the distribution chart, Perseverance Metals ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Perseverance Metals has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Perseverance Metals' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Perseverance Metals ranks #999999 out of 1319 companies for Interest Coverage. This places Perseverance 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 1,319 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 Perseverance 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. Perseverance Metals's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseverance Metals stock overvalued right now?
Perseverance Metals (FRA:EX0) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Perseverance Metals' overall GF Score™ is 22/100 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 Perseverance Metals (FRA:EX0), the current Interest Coverage is No Debt (1) 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.

Perseverance Metals Business Description

Other Exchanges PMI:Canada
Address 375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
Perseverance Metals Inc is a critical minerals explorer with a project portfolio that is strategically located in key North American Ni-Cu-Co-PGE and hard rock lithium regions, including Quebec's prolific James Bay district and Michigan's productive Mid-Continent Rift. Its science-driven approach and extensive track record of discovery provide a distinct competitive advantage. It offers an opportunity for investors to be exposed to a portfolio of projects with the potential for multiple discoveries. Its exploration assets include: the Lac Gayot high-grade Ni-Cu-Co-PGE and lithium pegmatite project, the Voyageur Ni-Cu-Co-PGE project, and the Armit Lake Ni-Cu-Co project.
22GF 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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