SPMEF (South Pacific Metals) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


SPMEF South Pacific Metals Corp SPMEF
34 GF Score
Price $0.23
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What is South Pacific Metals Interest Coverage?

South Pacific Metals SPMEF +3.90% 34 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates SPMEF with a GF Score™ of 34/100. Among 1,318 Metals & Mining companies, South Pacific Metals ranks better than 99.39% 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. South Pacific Metals's Operating Income for the three months ended in Dec. 2025 was $-0.70 Mil. South Pacific Metals's Interest Expense for the three months ended in Dec. 2025 was $0.00 Mil. South Pacific Metals has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

South Pacific Metals Corp 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 South Pacific Metals's Interest Coverage or its related term are showing as below:

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


SPMEF's Interest Coverage is ranked better than
99.39% of 1318 companies
in the Metals & Mining industry
Industry Median: No Debt vs SPMEF: 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.


South Pacific Metals  (OTCPK:SPMEF) 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 .


South Pacific Metals Interest Coverage Related Terms


South Pacific Metals Interest Coverage Historical Data

* Premium members only.

The historical data trend for South Pacific Metals'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.

South Pacific Metals Interest Coverage Chart

South Pacific Metals Annual Data
Trend Nov20 Dec22 Dec23
Interest Coverage
No Debt No Debt 0.00

South Pacific Metals Quarterly Data
Feb20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 No Debt No Debt No Debt No Debt No Debt

SPMEF vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, South Pacific Metals'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.


South Pacific Metals Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where South Pacific Metals's Interest Coverage falls into.


SPMEF
34GF Score
South Pacific Metals Corp SPMEF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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South Pacific Metals 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.

South Pacific Metals's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, South Pacific Metals's Interest Expense was $-0.10 Mil. Its Operating Income was $-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.70 Mil.

South Pacific Metals did not have earnings to cover the interest expense.

South Pacific Metals's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, South Pacific Metals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

South Pacific Metals 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?
South Pacific Metals (SPMEF) 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 South Pacific Metals and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, South Pacific Metals' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, South Pacific Metals ranks #8 out of 1318 companies in the Metals & Mining industry, placing it in the top 0.59999999999999%.
Is South Pacific Metals' Interest Coverage too high?
South Pacific Metals' 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, South Pacific Metals ranks #8 out of 1318 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, South Pacific Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, South Pacific Metals ranks #8 out of 1318 companies for Interest Coverage. This places South Pacific Metals in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, South Pacific Metals' 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 South Pacific Metals 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. South Pacific Metals'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 South Pacific Metals stock overvalued right now?
South Pacific Metals (SPMEF) 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. South Pacific Metals' overall GF Score™ is 34/100. 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 South Pacific Metals (SPMEF), 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.

South Pacific Metals Business Description

Other Exchanges SPMC:Canada
Address 1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6C 0A3
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
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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