Polar Resources AS (OSL:POLAR) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median

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OSL:POLAR Polar Resources AS OSL:POLAR
6 GF Score
Price kr4.79
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What is Polar Resources AS Interest Coverage?

Polar Resources AS OSL:POLAR +4.59% 6 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates OSL:POLAR with a GF Score™ of 6/100. Among 1,319 Metals & Mining companies, Polar Resources AS ranks better than 99.47% 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. Polar Resources AS's Operating Income for the three months ended in Dec. 2025 was kr0.00 Mil. Polar Resources AS's Interest Expense for the three months ended in Dec. 2025 was kr0.00 Mil. Polar Resources AS has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Polar Resources 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 Polar Resources AS's Interest Coverage or its related term are showing as below:

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


OSL:POLAR's Interest Coverage is ranked better than
99.47% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs OSL:POLAR: 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.


Polar Resources AS  (OSL:POLAR) 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 .


Polar Resources AS Interest Coverage Related Terms


Polar Resources AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Polar Resources 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.

Polar Resources AS Interest Coverage Chart

Polar Resources AS Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
No Debt 0.00 0.00

Polar Resources AS Quarterly Data
Dec23 Dec24 Dec25
Interest Coverage No Debt No Debt No Debt

Polar Resources AS Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Polar Resources 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.


Polar Resources AS Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Polar Resources AS's Interest Coverage falls into.


OSL:POLAR
6GF Score
Polar Resources AS OSL:POLAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polar Resources 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.

Polar Resources 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, Polar Resources AS's Interest Expense was kr-0.37 Mil. Its Operating Income was kr-3.85 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Polar Resources AS did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2025, Polar Resources AS's Interest Expense was kr0.00 Mil. Its Operating Income was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Polar Resources 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?
Polar Resources AS (OSL:POLAR) 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 Polar Resources AS and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Polar Resources AS's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Polar Resources AS ranks #7 out of 1319 companies in the Metals & Mining industry, placing it in the top 0.5%.
Is Polar Resources AS's Interest Coverage too high?
Polar Resources 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, Polar Resources AS ranks #7 out of 1319 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Polar Resources AS has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Polar Resources AS's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Polar Resources AS ranks #7 out of 1319 companies for Interest Coverage. This places Polar Resources AS in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Polar Resources 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 Polar Resources 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. Polar Resources 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 Polar Resources AS stock overvalued right now?
Polar Resources AS (OSL:POLAR) 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. Polar Resources AS's overall GF Score™ is 6/100. 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 Polar Resources AS (OSL:POLAR), 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.

Polar Resources AS Business Description

Address Tjuvholmen alle 16, Oslo, NOR, 0252
Polar Resources AS is focused on the fragmented junior mining sector in Norway. The company is engaged in mineral exploration and natural resource asset acquisitions. Its business activities include mineral exploration in Norway and the acquisition of assets in the natural resources industry. The company holds exploration licences covering four areas in Central Norway with reported occurrences of copper and zinc mineralisation. It also pursues acquisitions of oil and gas assets in Europe, Latin America, and Southeast Asia.
6GF Score

Get the complete analysis for OSL:POLAR

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

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