Green Minerals AS (HAM:5IP) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


HAM:5IP Green Minerals AS HAM:5IP
24 GF Score
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What is Green Minerals AS Interest Coverage?

Green Minerals AS HAM:5IP +5.14% 24 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates HAM:5IP with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,319 Metals & Mining companies, Green Minerals AS ranks worse than 75814.94% 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. Green Minerals AS's Operating Income for the three months ended in Dec. 2025 was €0.00 Mil. Green Minerals AS's Interest Expense for the three months ended in Dec. 2025 was €0.00 Mil. Green Minerals AS has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Green Minerals AS 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 Green Minerals AS's Interest Coverage or its related term are showing as below:


HAM:5IP'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.


Green Minerals AS  (HAM:5IP) 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 .


Green Minerals AS Interest Coverage Related Terms


Green Minerals AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Green Minerals AS'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.

Green Minerals AS Interest Coverage Chart

Green Minerals AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Green Minerals AS Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 No Debt 0.00 No Debt No Debt No Debt

Green Minerals AS Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Green Minerals AS'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.


Green Minerals AS Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Green Minerals AS's Interest Coverage falls into.


HAM:5IP
24GF Score
Green Minerals AS HAM:5IP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Minerals AS 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.

Green Minerals AS'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, Green Minerals AS's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Green Minerals AS did not have earnings to cover the interest expense.

Green Minerals AS's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Green Minerals AS's Interest Expense was €0.00 Mil. Its Operating Income was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Green Minerals AS 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?
Green Minerals AS (HAM:5IP) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Green Minerals AS and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Green Minerals AS's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Green Minerals AS ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Green Minerals AS's Interest Coverage too high?
Green Minerals AS's 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, Green Minerals AS ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Green Minerals AS has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Green Minerals AS's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Green Minerals AS ranks #999999 out of 1319 companies for Interest Coverage. This places Green Minerals AS in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Historically, Green Minerals AS's 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 a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 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 Green Minerals AS 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. Green Minerals AS'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 Green Minerals AS stock overvalued right now?
Green Minerals AS (HAM:5IP) 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. Green Minerals AS's overall GF Score™ is 24/100 with 1 warning sign 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 Green Minerals AS (HAM:5IP), the current Interest Coverage is No Debt (1) as of Dec. 2025. 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.

Green Minerals AS Business Description

Other Exchanges GEM:Norway5IP:Germany
Address Olav Selvaags plass 5, Oslo, NOR, 0252
Green Minerals AS is a Norway-based company, which operates within marine minerals industry and provides offshore mining services. The Company aims to win licenses to survey, explore and produce marine minerals on the Norwegian Continental Shelf. The main focus of Green Minerals is exploration design, design of marine minerals production system and winning licenses. The company enables the worlds drive towards electrification and digitization in a sustainable manner. The Company does this by deep sea mining of marine minerals and Rare Earth Elements key to the green shift, eliminating the social costs in onshore mining while reducing the environmental footprint and solving a strategic need for EU and USA.
24GF Score

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

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