SBLCF (Spirit Blockchain Capital) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Spirit Blockchain Capital Interest Coverage?

Spirit Blockchain Capital SBLCF +4.23% Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 2 warning signs investors should review. Among 430 Capital Markets companies, Spirit Blockchain Capital ranks worse than 232557.91% 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. Spirit Blockchain Capital's Operating Income for the three months ended in Mar. 2026 was $-0.15 Mil. Spirit Blockchain Capital's Interest Expense for the three months ended in Mar. 2026 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Spirit Blockchain Capital's Interest Coverage or its related term are showing as below:


SBLCF's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375
* 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.

Spirit Blockchain Capital  (OTCPK:SBLCF) 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 .

Spirit Blockchain Capital Interest Coverage Related Terms

Spirit Blockchain Capital Interest Coverage Historical Data

* Premium members only.

The historical data trend for Spirit Blockchain Capital'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.

Spirit Blockchain Capital Interest Coverage Chart

Spirit Blockchain Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
No Debt No Debt 0.00 0.00 0.00

Spirit Blockchain Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00

SBLCF vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Spirit Blockchain Capital'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.

Spirit Blockchain Capital Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spirit Blockchain Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Spirit Blockchain Capital's Interest Coverage falls into.


Spirit Blockchain Capital 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.

Spirit Blockchain Capital'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, Spirit Blockchain Capital's Interest Expense was $-0.01 Mil. Its Operating Income was $-3.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.08 Mil.

Spirit Blockchain Capital did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Spirit Blockchain Capital's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.03 Mil.

Spirit Blockchain Capital did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Spirit Blockchain Capital (SBLCF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Spirit Blockchain Capital and its competitors. According to the industry distribution chart, Spirit Blockchain Capital ranks #999999 out of 430 companies in the Capital Markets industry.
Is Spirit Blockchain Capital's Interest Coverage too high?
Spirit Blockchain Capital's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Spirit Blockchain Capital ranks #999999 out of 430 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Spirit Blockchain Capital's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Spirit Blockchain Capital ranks #999999 out of 430 companies for Interest Coverage. This places Spirit Blockchain Capital in the lower half of its industry. The industry median Interest Coverage is 19.38. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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 Spirit Blockchain Capital and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirit Blockchain Capital's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Blockchain Capital stock overvalued right now?
Spirit Blockchain Capital (SBLCF) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Spirit Blockchain Capital (SBLCF), the current Interest Coverage is 0 (At Loss) 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.

Spirit Blockchain Capital Business Description

Other Exchanges JN9:GermanySPIR:Canada
Address 505 Burrard Street, Suite 1570, One Bentall Centre, Vancouver, BC, CAN, V7X 1M5
Spirit Blockchain Capital Inc is Redefining the Future of Wealth Management: Digital Assets, Tokenization, and Next-Generation Investing. The Company is a blockchain company providing capital to blockchain ecosystem participants and blockchain research and advisory services. The Company aims to supply capital to the blockchain ecosystem through lending, staking, streaming and mining.