Maritime Launch Services (FRA:N5X) Interest Coverage: N/A (As of Jun. 2026)

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FRA:N5X Maritime Launch Services Inc FRA:N5X
19 GF Score
Price €0.25
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What is Maritime Launch Services 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. Maritime Launch Services's Operating Income for the three months ended in Jun. 2026 was €2.06 Mil. Maritime Launch Services's Interest Expense for the three months ended in Jun. 2026 was €0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Maritime Launch Services's Interest Coverage or its related term are showing as below:

FRA:N5X' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.69
Current: 0.69


FRA:N5X's Interest Coverage is ranked worse than
94.63% of 242 companies
in the Aerospace & Defense industry
Industry Median: 9.075 vs FRA:N5X: 0.69

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


Maritime Launch Services  (FRA:N5X) 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 .


Maritime Launch Services Interest Coverage Related Terms


Maritime Launch Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maritime Launch Services'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.

Maritime Launch Services Interest Coverage Chart

Maritime Launch Services 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

Maritime Launch Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 N/A

FRA:N5X vs SPCX, GE, RTX: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Maritime Launch Services'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.


Maritime Launch Services Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maritime Launch Services's Interest Coverage falls into.


FRA:N5X
19GF Score
Maritime Launch Services Inc FRA:N5X
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Maritime Launch Services 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.

Maritime Launch Services'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, Maritime Launch Services's Interest Expense was €-0.18 Mil. Its Operating Income was €-2.37 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.09 Mil.

Maritime Launch Services did not have earnings to cover the interest expense.

Maritime Launch Services's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Maritime Launch Services's Interest Expense was €0.00 Mil. Its Operating Income was €2.06 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.10 Mil.

GuruFocus does not calculate Maritime Launch Services's interest coverage with the available data.

* 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.


Maritime Launch Services Business Description

Other Exchanges MAXQF:USAMAXQ:Canada
Address 1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9
Maritime Launch Services Inc through its subsidiary, owns a fully-permitted site for the establishment of Canada's first commercial Spaceport from which to launch satellites via small and medium sized launch vehicles (rockets), into low earth orbit, located in Canso, Nova Scotia. is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. The company is also focused towards hosting multiple launch vehicle companies that could each launch up to eight or more times per year and are capable of carrying numerous satellites on each mission.
19GF Score

Get the complete analysis for FRA:N5X

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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