GRSFF (Greencastle Resources) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


What is Greencastle Resources Interest Coverage?

Greencastle Resources GRSFF Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. The stock has 6 warning signs investors should review. Among 728 Oil & Gas companies, Greencastle Resources ranks better than 99.59% 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. Greencastle Resources's Operating Income for the three months ended in Mar. 2026 was $-0.59 Mil. Greencastle Resources's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. Greencastle Resources has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Greencastle Resources Ltd has no debt.

(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 Greencastle Resources's Interest Coverage or its related term are showing as below:

GRSFF' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


GRSFF's Interest Coverage is ranked better than
99.59% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs GRSFF: No Debt

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


Greencastle Resources  (OTCPK:GRSFF) 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 .


Greencastle Resources Interest Coverage Related Terms


Greencastle Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Greencastle 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.

Greencastle Resources Interest Coverage Chart

Greencastle Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 No Debt No Debt No Debt

Greencastle Resources 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 No Debt No Debt No Debt No Debt No Debt

GRSFF vs COP, EOG, FANG: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Greencastle 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.


Greencastle Resources Interest Coverage vs Oil & Gas Industry

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

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



Greencastle 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.

Greencastle 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, Greencastle Resources's Interest Expense was $0.00 Mil. Its Operating Income was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Greencastle Resources had no debt (1).

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

Here, for the three months ended in Mar. 2026, Greencastle Resources's Interest Expense was $0.00 Mil. Its Operating Income was $-0.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Greencastle Resources 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?
Greencastle Resources (GRSFF) 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 Greencastle Resources and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Greencastle Resources' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Greencastle Resources ranks #3 out of 728 companies in the Oil & Gas industry, placing it in the top 0.40000000000001%.
Is Greencastle Resources' Interest Coverage too high?
Greencastle Resources' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Greencastle Resources ranks #3 out of 728 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Greencastle Resources' Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Greencastle Resources ranks #3 out of 728 companies for Interest Coverage. This places Greencastle Resources in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.84. Historically, Greencastle Resources' own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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. 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 Greencastle 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. Greencastle Resources's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greencastle Resources stock overvalued right now?
Based on GuruFocus' analysis, Greencastle Resources (GRSFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 28% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Greencastle Resources (GRSFF), 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.

Greencastle Resources Business Description

Industry EnergyOil & Gas
Other Exchanges VGN:Canada
Address 82 Richmond Street East, Suite 200, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Greencastle Resources Ltd is a diversified company with interests in gold and base metals exploration and oil and gas exploration and royalties, as well as in strategic and non-strategic investments in other companies that are traded on the North American exchanges. The company's reportable segments include Investments in Private and Public companies, Oil and Gas Interests, Mining Interests. Its investment segment comprises its investment in marketable securities and investment in private and public companies. The oil and gas segment comprises its oil and gas interests. The mining segment comprises its mining interests in Canada and in the USA.