PLIXF (Prairie Lithium) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


What is Prairie Lithium Interest Coverage?

Prairie Lithium PLIXF -20.00% Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 5 warning signs investors should review. Among 1,318 Metals & Mining companies, Prairie Lithium ranks worse than 75872.46% 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. Prairie Lithium's Operating Income for the six months ended in Dec. 2025 was $-1.50 Mil. Prairie Lithium's Interest Expense for the six months ended in Dec. 2025 was $0.00 Mil. Prairie Lithium has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Prairie Lithium Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(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 Prairie Lithium's Interest Coverage or its related term are showing as below:


PLIXF'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.


Prairie Lithium  (OTCPK:PLIXF) 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 .


Prairie Lithium Interest Coverage Related Terms


Prairie Lithium Interest Coverage Historical Data

* Premium members only.

The historical data trend for Prairie Lithium'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.

Prairie Lithium Interest Coverage Chart

Prairie Lithium Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A N/A N/A N/A

Prairie Lithium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 Premium Member Only 0.00 N/A N/A N/A No Debt

Prairie Lithium Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Prairie Lithium'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.


Prairie Lithium Interest Coverage vs Metals & Mining Industry

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

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



Prairie Lithium 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.

Prairie Lithium's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Prairie Lithium's Interest Expense was $0.00 Mil. Its Operating Income was $2.58 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

GuruFocus does not calculate Prairie Lithium's interest coverage with the available data.

Prairie Lithium's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Prairie Lithium's Interest Expense was $0.00 Mil. Its Operating Income was $-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Prairie Lithium 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?
Prairie Lithium (PLIXF) 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 Prairie Lithium and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Prairie Lithium's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Prairie Lithium ranks #999999 out of 1318 companies in the Metals & Mining industry.
Is Prairie Lithium's Interest Coverage too high?
Prairie Lithium'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, Prairie Lithium ranks #999999 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Prairie Lithium's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Prairie Lithium ranks #999999 out of 1318 companies for Interest Coverage. This places Prairie Lithium in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Historically, Prairie Lithium'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 1,318 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 Prairie Lithium 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. Prairie Lithium'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 Prairie Lithium stock overvalued right now?
Prairie Lithium (PLIXF) 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. 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 Prairie Lithium (PLIXF), 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.

Prairie Lithium Business Description

Other Exchanges UDE:GermanyPL9:Australia
Address 10 Outram Street, Level 2, West Perth, WA, AUS, 6005
Prairie Lithium Ltd is a lithium exploration & development company in Western Australia. The company is currently exploring and developing the Prairie Lithium project in Saskatchewan, Canada. The company also has BLM claims for exploration near Lordsburg, New Mexico, USA.