QNCRF (QuantumCore) Interest Coverage: No Debt (1) (As of Mar. 2026)

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QNCRF QuantumCore Ltd QNCRF
8 GF Score
Price $2.01
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What is QuantumCore Interest Coverage?

QuantumCore QNCRF 8 Interest Coverage is No Debt (1) as of Mar. 2026. GuruFocus rates QNCRF with a GF Score™ of 8/100. Among 674 Semiconductors companies, QuantumCore ranks worse than 148367.8% 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. QuantumCore's Operating Income for the six months ended in Mar. 2026 was $-0.77 Mil. QuantumCore's Interest Expense for the six months ended in Mar. 2026 was $0.00 Mil. QuantumCore has no debt. The higher the ratio, the stronger the company's financial strength is.

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


QNCRF's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 23.455
* 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.


QuantumCore  (OTCPK:QNCRF) 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 .


QuantumCore Interest Coverage Related Terms


QuantumCore Interest Coverage Historical Data

* Premium members only.

The historical data trend for QuantumCore'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.

QuantumCore Interest Coverage Chart

QuantumCore Annual Data
Trend
Interest Coverage

QuantumCore Semi-Annual Data
Mar26
Interest Coverage No Debt

QNCRF vs : Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, QuantumCore'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.


QuantumCore Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, QuantumCore's Interest Coverage distribution charts can be found below:

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


QNCRF
8GF Score
QuantumCore Ltd QNCRF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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QuantumCore 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.

QuantumCore's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, QuantumCore's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

QuantumCore had no debt (1).

QuantumCore's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, QuantumCore's Interest Expense was $0.00 Mil. Its Operating Income was $-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

QuantumCore 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?
QuantumCore (QNCRF) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on QuantumCore and its competitors. According to the industry distribution chart, QuantumCore ranks #999999 out of 674 companies in the Semiconductors industry.
Is QuantumCore's Interest Coverage too high?
QuantumCore's current Interest Coverage is No Debt (1). Based on the distribution chart, QuantumCore ranks #999999 out of 674 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, QuantumCore has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does QuantumCore's Interest Coverage compare to ?
According to the Semiconductors industry distribution chart, QuantumCore ranks #999999 out of 674 companies for Interest Coverage. This places QuantumCore in the lower half of its industry. The industry median Interest Coverage is 23.46. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 23.46, based on 674 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 QuantumCore and its competitors. For the Semiconductors industry, the median Interest Coverage is 23.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QuantumCore's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuantumCore stock overvalued right now?
QuantumCore (QNCRF) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). QuantumCore's overall GF Score™ is 8/100. 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 QuantumCore (QNCRF), the current Interest Coverage is No Debt (1) as of Mar. 2026. 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.

QuantumCore Business Description

Comparable Companies
Other Exchanges K1Y:GermanyQNCR:Canada
Address 365 Bay Street, Suite 800, Toronto, ON, CAN, M5H 2V1
QuantumCore Ltd is focused on computing industry, designing and building microchip sets engineered for cryogenic and superconducting environments. The company's cryogenic signal-processing chips are designed to improve qubit performance, increase readout accuracy, and reduce heat interference- helping quantum hardware companies build faster, more stable, and commercially practical quantum computers.
8GF Score

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

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