FRPMF (Forty Pillars Mining) Interest Coverage: 0 (At Loss) (As of Feb. 2026)

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What is Forty Pillars Mining Interest Coverage?

Forty Pillars Mining FRPMF Interest Coverage is 0 (At Loss) as of Feb. 2026. The stock has 5 warning signs investors should review. Among 1,328 Metals & Mining companies, Forty Pillars Mining ranks worse than 75301.13% 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. Forty Pillars Mining's Operating Income for the three months ended in Feb. 2026 was $-0.08 Mil. Forty Pillars Mining's Interest Expense for the three months ended in Feb. 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 Forty Pillars Mining's Interest Coverage or its related term are showing as below:


FRPMF'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.


Forty Pillars Mining  (OTCPK:FRPMF) 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 .


Forty Pillars Mining Interest Coverage Related Terms


Forty Pillars Mining Interest Coverage Historical Data

* Premium members only.

The historical data trend for Forty Pillars Mining'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.

Forty Pillars Mining Interest Coverage Chart

Forty Pillars Mining Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 No Debt 0.00

Forty Pillars Mining Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 No Debt No Debt 0.00 0.00 0.00

Forty Pillars Mining Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Forty Pillars Mining'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.


Forty Pillars Mining Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Forty Pillars Mining's Interest Coverage falls into.



Forty Pillars Mining 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.

Forty Pillars Mining's Interest Coverage for the fiscal year that ended in Feb. 2026 is calculated as

Here, for the fiscal year that ended in Feb. 2026, Forty Pillars Mining's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Forty Pillars Mining did not have earnings to cover the interest expense.

Forty Pillars Mining's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Forty Pillars Mining's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Forty Pillars Mining 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?
Forty Pillars Mining (FRPMF) has a Interest Coverage of 0 (At Loss) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Forty Pillars Mining and its competitors. According to the industry distribution chart, Forty Pillars Mining ranks #999999 out of 1328 companies in the Metals & Mining industry.
Is Forty Pillars Mining's Interest Coverage too high?
Forty Pillars Mining's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Forty Pillars Mining ranks #999999 out of 1328 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Forty Pillars Mining's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Forty Pillars Mining ranks #999999 out of 1328 companies for Interest Coverage. This places Forty Pillars Mining 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 1,328 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 Forty Pillars Mining 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. Forty Pillars Mining'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 Forty Pillars Mining stock overvalued right now?
Forty Pillars Mining (FRPMF) 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 Forty Pillars Mining (FRPMF), the current Interest Coverage is 0 (At Loss) as of Feb. 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.

Forty Pillars Mining Business Description

Other Exchanges 69D:GermanyPLLR:Canada
Address 625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Forty Pillars Mining Corp is a mineral exploration company. Its properties include the Silver Dollar, Beatrice, and Wishbone properties. The Company currently operates in one segment, being the acquisition and exploration, and evaluation of resource assets.