Eastwood Bio-Medical Canada (TSXV:EBM) Interest Coverage: No Debt (1) (As of Apr. 2026)

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TSXV:EBM Eastwood Bio-Medical Canada Inc TSXV:EBM
25 GF Score
Price C$0.99
GF Value C$0.53
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Eastwood Bio-Medical Canada Interest Coverage?

Eastwood Bio-Medical Canada TSXV:EBM +1.02% 25 Interest Coverage is No Debt (1) as of Apr. 2026. GuruFocus rates TSXV:EBM with a GF Score™ of 25/100 and a GF Value™ of C$0.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 376 Biotechnology companies, Eastwood Bio-Medical Canada ranks worse than 265957.18% 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. Eastwood Bio-Medical Canada's Operating Income for the three months ended in Apr. 2026 was C$-0.06 Mil. Eastwood Bio-Medical Canada's Interest Expense for the three months ended in Apr. 2026 was C$0.00 Mil. Eastwood Bio-Medical Canada has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Eastwood Bio-Medical Canada's Interest Coverage or its related term are showing as below:


TSXV:EBM's Interest Coverage is not ranked *
in the Biotechnology industry.
Industry Median: 106.135
* 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.


Eastwood Bio-Medical Canada  (TSXV:EBM) 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 .


Eastwood Bio-Medical Canada Interest Coverage Related Terms


Eastwood Bio-Medical Canada Interest Coverage Historical Data

* Premium members only.

The historical data trend for Eastwood Bio-Medical Canada'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.

Eastwood Bio-Medical Canada Interest Coverage Chart

Eastwood Bio-Medical Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Eastwood Bio-Medical Canada Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 No Debt 0.00 0.00 No Debt

TSXV:EBM vs VRTX, REGN, RVMD: Interest Coverage Comparison

For the Biotechnology subindustry, Eastwood Bio-Medical Canada'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.


Eastwood Bio-Medical Canada Interest Coverage vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Eastwood Bio-Medical Canada's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eastwood Bio-Medical Canada's Interest Coverage falls into.


TSXV:EBM
25GF Score
Eastwood Bio-Medical Canada Inc TSXV:EBM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastwood Bio-Medical Canada 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.

Eastwood Bio-Medical Canada's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, Eastwood Bio-Medical Canada's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Eastwood Bio-Medical Canada did not have earnings to cover the interest expense.

Eastwood Bio-Medical Canada's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Eastwood Bio-Medical Canada's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Eastwood Bio-Medical Canada 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?
Eastwood Bio-Medical Canada (TSXV:EBM) has a Interest Coverage of No Debt (1) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Eastwood Bio-Medical Canada and its competitors. According to the industry distribution chart, Eastwood Bio-Medical Canada ranks #999999 out of 376 companies in the Biotechnology industry.
Is Eastwood Bio-Medical Canada's Interest Coverage too high?
Eastwood Bio-Medical Canada's current Interest Coverage is No Debt (1). Based on the distribution chart, Eastwood Bio-Medical Canada ranks #999999 out of 376 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Eastwood Bio-Medical Canada has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastwood Bio-Medical Canada's Interest Coverage compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Eastwood Bio-Medical Canada ranks #999999 out of 376 companies for Interest Coverage. This places Eastwood Bio-Medical Canada in the lower half of its industry. The industry median Interest Coverage is 106.14. 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 Biotechnology company?
The median Interest Coverage among Biotechnology companies is 106.14, based on 376 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 Eastwood Bio-Medical Canada and its competitors. For the Biotechnology industry, the median Interest Coverage is 106.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastwood Bio-Medical Canada's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastwood Bio-Medical Canada stock overvalued right now?
Based on GuruFocus' analysis, Eastwood Bio-Medical Canada (TSXV:EBM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.53, compared to a current price of C$0.99 — trading 86.8% above its estimated fair value. The current Interest Coverage is No Debt (1). Eastwood Bio-Medical Canada's overall GF Score™ is 25/100 with 4 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 Eastwood Bio-Medical Canada (TSXV:EBM), the current Interest Coverage is No Debt (1) as of Apr. 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 Eastwood Bio-Medical Canada (TSXV:EBM) Overvalued in 2026?

Based on GuruFocus' analysis, Eastwood Bio-Medical Canada stock appears to be overvalued. The current stock price of C$0.99 is trading 86.8% above its estimated GF Value™ of C$0.53. GuruFocus considers Eastwood Bio-Medical Canada to be Significantly Overvalued.

Key valuation signals for TSXV:EBM:

  • Interest Coverage: No Debt (1)
  • GF Value™: C$0.53 vs. price of C$0.99 (86.8% above fair value)
  • GF Score™: 25/100 with 4 warning signs

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


Eastwood Bio-Medical Canada Business Description

Address 4871 Shell Road, Suite 1130, Richmond, BC, CAN, V6X 3Z6
Eastwood Bio-Medical Canada Inc is a Canadian company engaged in the development and commercialization of safe and effective treatment for non-insulin dependent diabetes mellitus. The company is engaged in natural health supplement distribution company. It has its geographic presence in U.S., Canada and Asia. The company generates maximum revenue from Asia.
25GF Score

Get the complete analysis for TSXV:EBM

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

C$0.99
Price
C$0.53
GF Value