GRVE (Groove Botanicals) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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What is Groove Botanicals Interest Coverage?

Groove Botanicals GRVE Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. Among 731 Oil & Gas companies, Groove Botanicals 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. Groove Botanicals's Operating Income for the three months ended in Mar. 2026 was $-0.04 Mil. Groove Botanicals's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. Groove Botanicals has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Groove Botanicals Inc 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 Groove Botanicals's Interest Coverage or its related term are showing as below:

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


GRVE's Interest Coverage is ranked better than
99.59% of 731 companies
in the Oil & Gas industry
Industry Median: 6.07 vs GRVE: 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.


Groove Botanicals  (OTCPK:GRVE) 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 .


Groove Botanicals Interest Coverage Related Terms


Groove Botanicals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Groove Botanicals'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.

Groove Botanicals Interest Coverage Chart

Groove Botanicals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 No Debt No Debt

Groove Botanicals Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 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

GRVE vs LEEN, SPOWF, BRLL: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Groove Botanicals'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.


Groove Botanicals Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Groove Botanicals's Interest Coverage falls into.



Groove Botanicals 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.

Groove Botanicals's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Groove Botanicals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Groove Botanicals had no debt (1).

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

Here, for the three months ended in Mar. 2026, Groove Botanicals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Groove Botanicals 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?
Groove Botanicals (GRVE) 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 Groove Botanicals and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Groove Botanicals' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Groove Botanicals ranks #3 out of 731 companies in the Oil & Gas industry, placing it in the top 0.40000000000001%.
Is Groove Botanicals' Interest Coverage too high?
Groove Botanicals' 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, Groove Botanicals ranks #3 out of 731 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Groove Botanicals' Interest Coverage compare to LEEN and SPOWF?
According to the Oil & Gas industry distribution chart, Groove Botanicals ranks #3 out of 731 companies for Interest Coverage. This places Groove Botanicals in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.07. Historically, Groove Botanicals' 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 6.07, based on 731 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 Groove Botanicals and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Groove Botanicals'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 Groove Botanicals stock overvalued right now?
Groove Botanicals (GRVE) has a current Interest Coverage of No Debt (1). 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 Groove Botanicals (GRVE), 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.

Groove Botanicals Business Description

Industry EnergyOil & Gas
Address 310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415
Groove Botanicals Inc is Nevada Based corporation which engage its business development and asset acquisitions. The company also plan plan to assemble a portfolio of early-stage EV Battery Technologies developed from Universities in Norway, Sweden and Finland, and seek grants from the State of Minnesota.and the company previously engaged in oil and gas Production.