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LODE (Comstock) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Comstock Interest Coverage?

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. Comstock's Operating Income for the three months ended in Mar. 2025 was $-7.04 Mil. Comstock's Interest Expense for the three months ended in Mar. 2025 was $-0.66 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 Comstock's Interest Coverage or its related term are showing as below:


LODE'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.


Comstock Interest Coverage Historical Data

The historical data trend for Comstock'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.

* Premium members only.

Comstock Interest Coverage Chart

Comstock Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Comstock Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of Comstock's Interest Coverage

For the Other Precious Metals & Mining subindustry, Comstock'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.


Comstock's Interest Coverage Distribution in the Metals & Mining Industry

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

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


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Comstock 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.

Comstock's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Comstock's Interest Expense was $-2.97 Mil. Its Operating Income was $-31.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $13.22 Mil.

Comstock did not have earnings to cover the interest expense.

Comstock's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Comstock's Interest Expense was $-0.66 Mil. Its Operating Income was $-7.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $34.23 Mil.

Comstock 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.


Comstock  (AMEX:LODE) 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 .


Comstock Interest Coverage Related Terms

Thank you for viewing the detailed overview of Comstock's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Comstock Business Description

Traded in Other Exchanges
Address
117 American Flat Road, Virginia City, NV, USA, 89440
Comstock Inc innovates and commercializes technologies that are deployable across entire industries to contribute to energy abundance by efficiently extracting and converting under-utilized natural resources, such as waste and other forms of woody biomass into renewable fuels, and end-of-life electronics into recovered electrification metals. Comstock's innovations group is engaged in developing and using artificial intelligence technologies for advanced materials development.
Executives
Leo M Drozdoff director 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Rahul Bobbili officer: Chief Process Engineer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Degasperis Corrado F officer: CEO, Pres., PFO, CRO C/O COMSTOCK MINING INC., 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
William Joseph Mccarthy officer: Chief Operating Officer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Mayaguez J Salinas director 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Kristin Slanina director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
David Winsness officer: Chief Technology Officer 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Kevin Kreisler officer: President P.O. BOX 284, MT. ARLINGTON NJ 07856
William John Nance director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Marting Walter A. Jr director 11055 VINCENT LANE, RENO NV 89511
Judd Merrill director 2425 CROOKED CANYON CT., RENO NV 89521
John Clark Gillam director PO BOX 1118,1800 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Giron Juan Carlos Jr. officer: CFO and President 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Timothy Dwinell Smith officer: Chief Accounting Officer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
John V Winfield director, 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025

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