Goodfood Market (TSX:FOOD) Interest Coverage: 0 (At Loss) (As of Feb. 2026)


TSX:FOOD Goodfood Market Corp TSX:FOOD
29 GF Score
Price C$0.18
GF Value C$0.16
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Goodfood Market Interest Coverage?

Goodfood Market TSX:FOOD -2.70% 29 Interest Coverage is 0 (At Loss) as of Feb. 2026. GuruFocus rates TSX:FOOD with a GF Score™ of 29/100 and a GF Value™ of C$0.16 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 71 Personal Services companies, Goodfood Market ranks worse than 1408449.3% 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. Goodfood Market's Operating Income for the three months ended in Feb. 2026 was C$-2.9 Mil. Goodfood Market's Interest Expense for the three months ended in Feb. 2026 was C$-1.6 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 Goodfood Market's Interest Coverage or its related term are showing as below:


TSX:FOOD's Interest Coverage is not ranked *
in the Personal Services industry.
Industry Median: 9.34
* 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.


Goodfood Market  (TSX:FOOD) 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 .


Goodfood Market Interest Coverage Related Terms


Goodfood Market Interest Coverage Historical Data

* Premium members only.

The historical data trend for Goodfood Market'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.

Goodfood Market Interest Coverage Chart

Goodfood Market Annual Data
Trend Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.11 0.00

Goodfood Market Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.66 0.00 0.00 0.00

TSX:FOOD vs ROL, SCI, FTDR: Interest Coverage Comparison

For the Personal Services subindustry, Goodfood Market'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.


Goodfood Market Interest Coverage vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Interest Coverage distribution charts can be found below:

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


TSX:FOOD
29GF Score
Goodfood Market Corp TSX:FOOD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodfood Market 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.

Goodfood Market's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Goodfood Market's Interest Expense was C$-6.6 Mil. Its Operating Income was C$-0.9 Mil. And its Long-Term Debt & Capital Lease Obligation was C$48.7 Mil.

Goodfood Market did not have earnings to cover the interest expense.

Goodfood Market's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Goodfood Market's Interest Expense was C$-1.6 Mil. Its Operating Income was C$-2.9 Mil. And its Long-Term Debt & Capital Lease Obligation was C$48.0 Mil.

Goodfood Market 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?
Goodfood Market (TSX:FOOD) has a Interest Coverage of 0 (At Loss) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Goodfood Market and its competitors. According to the industry distribution chart, Goodfood Market ranks #999999 out of 71 companies in the Personal Services industry.
Is Goodfood Market's Interest Coverage too high?
Goodfood Market's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Goodfood Market ranks #999999 out of 71 companies in the Personal Services industry, which is in the bottom quartile relative to peers. Overall, Goodfood Market has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodfood Market's Interest Coverage compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #999999 out of 71 companies for Interest Coverage. This places Goodfood Market in the lower half of its industry. The industry median Interest Coverage is 9.34. 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 Personal Services company?
The median Interest Coverage among Personal Services companies is 9.34, based on 71 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 Goodfood Market and its competitors. For the Personal Services industry, the median Interest Coverage is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market'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 Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.16, compared to a current price of C$0.18 — trading 12.5% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Goodfood Market's overall GF Score™ is 29/100 with 5 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 Goodfood Market (TSX:FOOD), the current Interest Coverage is 0 (At Loss) as of Feb. 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 Goodfood Market (TSX:FOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Goodfood Market stock appears to be overvalued. The current stock price of C$0.18 is trading 12.5% above its estimated GF Value™ of C$0.16. GuruFocus considers Goodfood Market to be Modestly Overvalued.

Key valuation signals for TSX:FOOD:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: C$0.16 vs. price of C$0.18 (12.5% above fair value)
  • GF Score™: 29/100 with 5 warning signs

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


Goodfood Market Business Description

Other Exchanges GDDFF:USA76O:Germany
Address 4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
29GF Score

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

C$0.18
Price
C$0.16
GF Value