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Focus Xplore (LSE:FOX) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Focus Xplore 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. Focus Xplore's Operating Income for the six months ended in Dec. 2024 was £-0.37 Mil. Focus Xplore's Interest Expense for the six months ended in Dec. 2024 was £0.00 Mil. Focus Xplore has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Focus Xplore PLC 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 Focus Xplore's Interest Coverage or its related term are showing as below:

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


LSE:FOX's Interest Coverage is ranked better than
99.77% of 1324 companies
in the Metals & Mining industry
Industry Median: No Debt vs LSE:FOX: 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.


Focus Xplore Interest Coverage Historical Data

The historical data trend for Focus Xplore'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.

Focus Xplore Interest Coverage Chart

Focus Xplore Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - No Debt No Debt No Debt No Debt

Focus Xplore Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 No Debt No Debt No Debt No Debt

Competitive Comparison of Focus Xplore's Interest Coverage

For the Gold subindustry, Focus Xplore'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.


Focus Xplore's Interest Coverage Distribution in the Metals & Mining Industry

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

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


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Focus Xplore 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.

Focus Xplore'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, Focus Xplore's Interest Expense was £0.00 Mil. Its Operating Income was £-0.57 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Focus Xplore had no debt (1).

Focus Xplore's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Focus Xplore's Interest Expense was £0.00 Mil. Its Operating Income was £-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Focus Xplore 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.


Focus Xplore  (LSE:FOX) 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 .


Focus Xplore Interest Coverage Related Terms

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


Focus Xplore Business Description

Traded in Other Exchanges
N/A
Address
c/o Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London, GBR, EC2N 4BQ
Focus Xplore PLC is a strategic energy and critical minerals exploration company. Its priority projects involve prospective uranium, lithium, and magnet metals (selected rare earth elements) exploration. Its projects are Pearl, Iva, White Pine, Burrows, Bay Road, Ellie, Oba, and Wapesi. The group is exploring Ontario, Canada, a mineral resource-rich jurisdiction with an established critical minerals sector to secure its position as a reliable supplier of critical minerals.