SLSR (Solaris Resources) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


SLSR Solaris Resources Inc SLSR
34 GF Score
Price $7.83
! 1 Warning Sign
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What is Solaris Resources Interest Coverage?

Solaris Resources SLSR -6.56% 34 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates SLSR with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,318 Metals & Mining companies, Solaris Resources 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. Solaris Resources's Operating Income for the three months ended in Mar. 2026 was $-4.14 Mil. Solaris Resources's Interest Expense for the three months ended in Mar. 2026 was $-1.11 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 Solaris Resources's Interest Coverage or its related term are showing as below:


SLSR'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.


Solaris Resources  (AMEX:SLSR) 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 .


Solaris Resources Interest Coverage Related Terms


Solaris Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Solaris Resources'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.

Solaris Resources Interest Coverage Chart

Solaris Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial N/A N/A 0.00 0.00 0.00

Solaris Resources 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

SLSR vs HL: Interest Coverage Comparison

For the Other Precious Metals & Mining subindustry, Solaris Resources'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.


Solaris Resources Interest Coverage vs Metals & Mining Industry

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

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


SLSR
34GF Score
Solaris Resources Inc SLSR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Solaris Resources 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.

Solaris Resources'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, Solaris Resources's Interest Expense was $-5.74 Mil. Its Operating Income was $-48.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.42 Mil.

Solaris Resources did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Solaris Resources's Interest Expense was $-1.11 Mil. Its Operating Income was $-4.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.39 Mil.

Solaris Resources 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?
Solaris Resources (SLSR) 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 Solaris Resources and its competitors. According to the industry distribution chart, Solaris Resources ranks #999999 out of 1318 companies in the Metals & Mining industry.
Is Solaris Resources' Interest Coverage too high?
Solaris Resources' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Solaris Resources ranks #999999 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Solaris Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Solaris Resources' Interest Coverage compare to HL?
According to the Metals & Mining industry distribution chart, Solaris Resources ranks #999999 out of 1318 companies for Interest Coverage. This places Solaris Resources in the lower half of its industry. The industry median Interest Coverage is 10,000.00. 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 Solaris Resources 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. Solaris Resources'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 Solaris Resources stock overvalued right now?
Solaris Resources (SLSR) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Solaris Resources' overall GF Score™ is 34/100 with 1 warning sign to review. 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 Solaris Resources (SLSR), 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.

Solaris Resources Business Description

Other Exchanges 3W2N:GermanySLS:Canada
Address Neuhofstrasse 5A, Baar, CHE, 6340
Solaris Resources Inc is engaged in the acquisition, exploration, and development of mineral property interests. Its properties include the Warintza property in Ecuador, the La Verde property in Mexico, and the Tamarugo property in Chile.
34GF 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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