Decibel Cannabis Co (TSXV:DB) Interest Coverage: 3.24 (As of Mar. 2026) — 62% Above Median


TSXV:DB Decibel Cannabis Co Inc TSXV:DB
44 GF Score
Price C$0.12
GF Value C$0.11
Valuation Fairly Valued
! 6 Warning Signs
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What is Decibel Cannabis Co Interest Coverage?

Decibel Cannabis Co TSXV:DB 44 Interest Coverage is 3.24 as of Mar. 2026, which is 62% above its 10-year median of 2.00. GuruFocus rates TSXV:DB with a GF Score™ of 44/100 and a GF Value™ of C$0.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 684 Drug Manufacturers companies, Decibel Cannabis Co ranks worse than 89.62% 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. Decibel Cannabis Co's Operating Income for the three months ended in Mar. 2026 was C$2.9 Mil. Decibel Cannabis Co's Interest Expense for the three months ended in Mar. 2026 was C$-0.9 Mil. Decibel Cannabis Co's interest coverage for the quarter that ended in Mar. 2026 was 3.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Decibel Cannabis Co's Interest Coverage or its related term are showing as below:

TSXV:DB' s Interest Coverage Range Over the Past 10 Years
Min: 0.12   Med: 2   Max: No Debt
Current: 1.4


TSXV:DB's Interest Coverage is ranked worse than
89.62% of 684 companies
in the Drug Manufacturers industry
Industry Median: 12.765 vs TSXV:DB: 1.40

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Decibel Cannabis Co  (TSXV:DB) 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 .


Decibel Cannabis Co Interest Coverage Related Terms


Decibel Cannabis Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Decibel Cannabis Co'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.

Decibel Cannabis Co Interest Coverage Chart

Decibel Cannabis Co Annual Data
Trend Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 0.00 2.00 0.92 0.12

Decibel Cannabis Co 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 2.99 0.00 0.00 3.24

TSXV:DB vs ZTS, UTHR: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis Co'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.


Decibel Cannabis Co Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Decibel Cannabis Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Decibel Cannabis Co's Interest Coverage falls into.


TSXV:DB
44GF Score
Decibel Cannabis Co Inc TSXV:DB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Decibel Cannabis Co 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.

Decibel Cannabis Co'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, Decibel Cannabis Co's Interest Expense was C$-2.6 Mil. Its Operating Income was C$0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was C$32.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.301/-2.603
=0.12

Decibel Cannabis Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Decibel Cannabis Co's Interest Expense was C$-0.9 Mil. Its Operating Income was C$2.9 Mil. And its Long-Term Debt & Capital Lease Obligation was C$53.2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2.949/-0.911
=3.24

* 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 3.24 mean?
Decibel Cannabis Co (TSXV:DB) has a Interest Coverage of 3.24 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Decibel Cannabis Co and its competitors. This is 62% above median its historical median of 2.00. Over the past decade, Decibel Cannabis Co's Interest Coverage has ranged from 0.12 to 10,000.00. According to the industry distribution chart, Decibel Cannabis Co ranks #613 out of 684 companies in the Drug Manufacturers industry, placing it in the top 89.6%.
Is Decibel Cannabis Co's Interest Coverage too high?
Decibel Cannabis Co's current Interest Coverage of 3.24 is 62% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 10,000.00. The Drug Manufacturers industry median Interest Coverage is 12.77. Decibel Cannabis Co's value of 3.24 is 74.6% below this industry median. Based on the distribution chart, Decibel Cannabis Co ranks #613 out of 684 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Decibel Cannabis Co has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Decibel Cannabis Co's Interest Coverage compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Decibel Cannabis Co ranks #613 out of 684 companies for Interest Coverage. This places Decibel Cannabis Co in the lower half of its industry. The industry median Interest Coverage is 12.77. Decibel Cannabis Co's value of 3.24 is 74.6% below this benchmark. Historically, Decibel Cannabis Co's own Interest Coverage has ranged from 0.12 to 10,000.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 12.77, Decibel Cannabis Co has consistently been below the industry average. 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.77, based on 684 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. Decibel Cannabis Co's current Interest Coverage of 3.24 is 74.6% below the industry median. 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 Decibel Cannabis Co and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Decibel Cannabis Co's current Interest Coverage is 3.24, which is 62% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Decibel Cannabis Co stock overvalued right now?
Based on GuruFocus' analysis, Decibel Cannabis Co (TSXV:DB) is currently considered Fairly Valued. The stock's GF Value™ is C$0.11, compared to a current price of C$0.12 — trading 9.1% above its estimated fair value. The current Interest Coverage is 3.24, which is 62% above median its 10-year median of 2.00 and 74.6% below the Drug Manufacturers industry median of 12.77. Decibel Cannabis Co's overall GF Score™ is 44/100 with 6 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 Decibel Cannabis Co (TSXV:DB), the current Interest Coverage is 3.24 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 Decibel Cannabis Co (TSXV:DB) Overvalued in 2026?

Based on GuruFocus' analysis, Decibel Cannabis Co stock appears to be overvalued. The current stock price of C$0.12 is trading 9.1% above its estimated GF Value™ of C$0.11. GuruFocus considers Decibel Cannabis Co to be Fairly Valued.

Key valuation signals for TSXV:DB:

  • Interest Coverage: 3.24 (62% above median its 10-year median of 2.00)
  • GF Value™: C$0.11 vs. price of C$0.12 (9.1% above fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 74.6% below the Drug Manufacturers median (#613 of 684)

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


Decibel Cannabis Co Business Description

Other Exchanges DBCCF:USA
Address 140, 4th Avenue SW, Suite 1440, Calgary, AB, CAN, T2P 3N3
Decibel Cannabis Co Inc is engaged in the cannabis operations business. The company is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers and the direct sale of products through its retailer locations to end customers.
44GF Score

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

C$0.12
Price
C$0.11
GF Value