Big Rock Brewery (TSX:BR) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


TSX:BR Big Rock Brewery Inc TSX:BR
27 GF Score
Price C$0.69
GF Value C$0.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Big Rock Brewery Interest Coverage?

Big Rock Brewery TSX:BR 27 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates TSX:BR with a GF Score™ of 27/100 and a GF Value™ of C$0.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 159 Beverages - Alcoholic companies, Big Rock Brewery ranks worse than 628930.19% 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. Big Rock Brewery's Operating Income for the three months ended in Mar. 2026 was C$-1.45 Mil. Big Rock Brewery's Interest Expense for the three months ended in Mar. 2026 was C$-0.17 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 Big Rock Brewery's Interest Coverage or its related term are showing as below:


TSX:BR's Interest Coverage is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 8.63
* 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.


Big Rock Brewery  (TSX:BR) 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 .


Big Rock Brewery Interest Coverage Related Terms


Big Rock Brewery Interest Coverage Historical Data

* Premium members only.

The historical data trend for Big Rock Brewery'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.

Big Rock Brewery Interest Coverage Chart

Big Rock Brewery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Big Rock Brewery 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 0.61 1.85 0.61 0.00 0.00

TSX:BR vs BUD, STZ, TAP: Interest Coverage Comparison

For the Beverages - Brewers subindustry, Big Rock Brewery'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.


Big Rock Brewery Interest Coverage vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Big Rock Brewery's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Big Rock Brewery's Interest Coverage falls into.


TSX:BR
27GF Score
Big Rock Brewery Inc TSX:BR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Big Rock Brewery 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.

Big Rock Brewery'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, Big Rock Brewery's Interest Expense was C$-0.96 Mil. Its Operating Income was C$-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was C$7.77 Mil.

Big Rock Brewery did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Big Rock Brewery's Interest Expense was C$-0.17 Mil. Its Operating Income was C$-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was C$6.94 Mil.

Big Rock Brewery 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?
Big Rock Brewery (TSX:BR) 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 Big Rock Brewery and its competitors. According to the industry distribution chart, Big Rock Brewery ranks #999999 out of 159 companies in the Beverages - Alcoholic industry.
Is Big Rock Brewery's Interest Coverage too high?
Big Rock Brewery's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Big Rock Brewery ranks #999999 out of 159 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Big Rock Brewery has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Big Rock Brewery's Interest Coverage compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Big Rock Brewery ranks #999999 out of 159 companies for Interest Coverage. This places Big Rock Brewery in the lower half of its industry. The industry median Interest Coverage is 8.63. 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 Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.63, based on 159 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 Big Rock Brewery and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Rock Brewery'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 Big Rock Brewery stock overvalued right now?
Based on GuruFocus' analysis, Big Rock Brewery (TSX:BR) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.42, compared to a current price of C$0.69 — trading 64.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Big Rock Brewery's overall GF Score™ is 27/100 with 7 warning signs 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 Big Rock Brewery (TSX:BR), 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.

Is Big Rock Brewery (TSX:BR) Overvalued in 2026?

Based on GuruFocus' analysis, Big Rock Brewery stock appears to be overvalued. The current stock price of C$0.69 is trading 64.3% above its estimated GF Value™ of C$0.42. GuruFocus considers Big Rock Brewery to be Significantly Overvalued.

Key valuation signals for TSX:BR:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: C$0.42 vs. price of C$0.69 (64.3% above fair value)
  • GF Score™: 27/100 with 7 warning signs

No single metric tells the full story. See the TSX:BR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Big Rock Brewery Business Description

Address 5555 - 76th Avenue SE, Calgary, AB, CAN, T2C 4L8
Big Rock Brewery Inc is a producer of premium, all-natural craft beers, cider, and other alcoholic and non-alcoholic beverages.. It operates in two segments: the wholesale segment, which manufactures and distributes beer, cider, and other alcoholic beverages to and through, provincial liquor boards which are subsequently sold to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its brands include Big Rock, Tree Brewing, Pacer, Rock Creek Cider, Dukes Cider, AGD, Shaftebury, Bow Valley, White Peaks, and Cottage Springs. It also produces an ongoing selection of seasonal beers and ciders as well as beer and RTD products under co-packaging and "white label" contract arrangements.
27GF Score

Get the complete analysis for TSX:BR

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

C$0.69
Price
C$0.42
GF Value