GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Base Carbon Inc (NEOE:BCBN) » Definitions » Interest Coverage

Base Carbon (NEOE:BCBN) Interest Coverage : 272.67 (As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Base Carbon 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. Base Carbon's Operating Income for the three months ended in Mar. 2025 was C$0.82 Mil. Base Carbon's Interest Expense for the three months ended in Mar. 2025 was C$-0.00 Mil. Base Carbon's interest coverage for the quarter that ended in Mar. 2025 was 272.67. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Base Carbon's Interest Coverage or its related term are showing as below:


NEOE:BCBN's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.465
* 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.


Base Carbon Interest Coverage Historical Data

The historical data trend for Base Carbon'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.

Base Carbon Interest Coverage Chart

Base Carbon Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt No Debt 139,851.00 -

Base Carbon Quarterly Data
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 - 11,146.00 14.46 - 272.67

Competitive Comparison of Base Carbon's Interest Coverage

For the Asset Management subindustry, Base Carbon'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.


Base Carbon's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Base Carbon's Interest Coverage distribution charts can be found below:

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


;
;

Base Carbon 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.

Base Carbon'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, Base Carbon's Interest Expense was C$-0.04 Mil. Its Operating Income was C$-38.20 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.09 Mil.

Base Carbon did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Base Carbon's Interest Expense was C$-0.00 Mil. Its Operating Income was C$0.82 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.08 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*0.818/-0.003
=272.67

* 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.


Base Carbon  (NEOE:BCBN) 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 .


Base Carbon Interest Coverage Related Terms

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


Base Carbon Business Description

Traded in Other Exchanges
Address
50 Carroll Street East, Toronto, ON, CAN, M5M 3G3
Base Carbon Inc is engaged in the business of providing capital, development expertise, and management operating resources to projects involved predominantly in the voluntary carbon markets and the broader environmental markets. The company also utilizes technologies within the evolving carbon industry to enhance efficiencies, commercial credibility, and trading transparency. It is curating a diversified project portfolio, balancing removal and reduction credits, varied project types, jurisdictions, and carbon standards. The company has been involved in projects like the Rwanda Cookstoves Project, Vietnam Household Devices Project, and India Afforestation, Reforestation, and Revegetation (ARR) Project.
Executives
Bruce Christian Tozer Director
Catherine Flax Director, Director or Senior Officer of 10% Security Holder
Margot Naudie Director, Director or Senior Officer of 10% Security Holder
Michael Costa Director, Senior Officer
Ryan Hornby Senior Officer
William Scott Leckie Director or Senior Officer of 10% Security Holder
Steve Fray Director or Senior Officer of 10% Security Holder
Joshua Dale Crumb Director or Senior Officer of 10% Security Holder

Base Carbon Headlines

No Headlines