GFR (Greenfire Resources) Interest Coverage: 12.41 (As of Mar. 2026) — 318% Above Median


GFR Greenfire Resources Ltd GFR
34 GF Score
Price $5.65
GF Value $3.45
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Greenfire Resources Interest Coverage?

Greenfire Resources GFR 34 Interest Coverage is 12.41 as of Mar. 2026, which is 318% above its 10-year median of 2.97. GuruFocus rates GFR with a GF Score™ of 34/100 and a GF Value™ of $3.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 728 Oil & Gas companies, Greenfire Resources ranks worse than 86.26% 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. Greenfire Resources's Operating Income for the three months ended in Mar. 2026 was $5.1 Mil. Greenfire Resources's Interest Expense for the three months ended in Mar. 2026 was $-0.4 Mil. Greenfire Resources's interest coverage for the quarter that ended in Mar. 2026 was 12.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Greenfire Resources's Interest Coverage or its related term are showing as below:

GFR' s Interest Coverage Range Over the Past 10 Years
Min: 1.42   Med: 2.97   Max: No Debt
Current: 1.56


GFR's Interest Coverage is ranked worse than
86.26% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs GFR: 1.56

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


Greenfire Resources  (NYSE:GFR) 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 .


Greenfire Resources Interest Coverage Related Terms


Greenfire Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Greenfire Resources'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.

Greenfire Resources Interest Coverage Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 2.08 3.54 0.00 2.97 1.42

Greenfire Resources Quarterly Data
Dec20 Dec21 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 1.66 1.27 1.65 1.15 12.41

GFR vs TXO, VTS, REPX: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Greenfire Resources'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.


Greenfire Resources Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Greenfire Resources's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Greenfire Resources's Interest Coverage falls into.


GFR
34GF Score
Greenfire Resources Ltd GFR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenfire Resources 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.

Greenfire Resources'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, Greenfire Resources's Interest Expense was $-30.2 Mil. Its Operating Income was $43.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*42.969/-30.2
=1.42

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

Here, for the three months ended in Mar. 2026, Greenfire Resources's Interest Expense was $-0.4 Mil. Its Operating Income was $5.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.149/-0.415
=12.41

* 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 12.41 mean?
Greenfire Resources (GFR) has a Interest Coverage of 12.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Greenfire Resources and its competitors. This is 318% above median its historical median of 2.97. Over the past decade, Greenfire Resources' Interest Coverage has ranged from 1.42 to 10,000.00. According to the industry distribution chart, Greenfire Resources ranks #628 out of 728 companies in the Oil & Gas industry, placing it in the top 86.3%.
Is Greenfire Resources' Interest Coverage too high?
Greenfire Resources' current Interest Coverage of 12.41 is 318% above median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 10,000.00. The Oil & Gas industry median Interest Coverage is 5.84. Greenfire Resources' value of 12.41 is 112.5% above this industry median. Based on the distribution chart, Greenfire Resources ranks #628 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Greenfire Resources has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenfire Resources' Interest Coverage compare to TXO and VTS?
According to the Oil & Gas industry distribution chart, Greenfire Resources ranks #628 out of 728 companies for Interest Coverage. This places Greenfire Resources in the lower half of its industry. The industry median Interest Coverage is 5.84. Greenfire Resources' value of 12.41 is 112.5% above this benchmark. Historically, Greenfire Resources' own Interest Coverage has ranged from 1.42 to 10,000.00 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 5.84, Greenfire Resources has consistently been above the industry average. 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 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. Greenfire Resources's current Interest Coverage of 12.41 is 112.5% above the industry median. 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 Greenfire Resources and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenfire Resources's current Interest Coverage is 12.41, which is 318% above median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Greenfire Resources (GFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.45, compared to a current price of $5.65 — trading 63.8% above its estimated fair value. The current Interest Coverage is 12.41, which is 318% above median its 10-year median of 2.97 and 112.5% above the Oil & Gas industry median of 5.84. Greenfire Resources' overall GF Score™ is 34/100 with 4 warning signs 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 Greenfire Resources (GFR), the current Interest Coverage is 12.41 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.

Is Greenfire Resources (GFR) Overvalued in 2026?

Based on GuruFocus' analysis, Greenfire Resources stock appears to be overvalued. The current stock price of $5.65 is trading 63.8% above its estimated GF Value™ of $3.45. GuruFocus considers Greenfire Resources to be Significantly Overvalued.

Key valuation signals for GFR:

  • Interest Coverage: 12.41 (318% above median its 10-year median of 2.97)
  • GF Value™: $3.45 vs. price of $5.65 (63.8% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 112.5% above the Oil & Gas median (#628 of 728)

No single metric tells the full story. See the GFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenfire Resources Business Description

Industry EnergyOil & Gas
Other Exchanges GFR:Canada
Address 350 - 7th Avenue S.W, Suite 800, Calgary, AB, CAN, T2P 3N9
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo. The company has one reportable operating segment which is made up of its oil sands operations based on geographic location : Athabasca oil sands region of Alberta, Canada, nature of the products sold and integration of facilities and operations. The company is actively developing its Hangingstone Facilities using SAGD, an enhanced oil recovery extraction method.
34GF Score

Get the complete analysis for GFR

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

$5.65
Price
$3.45
GF Value