Next Phase Ventures (TSXV:NPV) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Next Phase Ventures Interest Coverage?

Next Phase Ventures TSXV:NPV Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,511 Consumer Packaged Goods companies, Next Phase Ventures ranks better than 56.06% 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. Next Phase Ventures's Operating Income for the three months ended in Mar. 2026 was C$-0.09 Mil. Next Phase Ventures's Interest Expense for the three months ended in Mar. 2026 was C$-0.01 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 Next Phase Ventures's Interest Coverage or its related term are showing as below:

TSXV:NPV' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: 12.17
Current: 12.17

TSXV:NPV's Interest Coverage is ranked better than
56.06% of 1511 companies
in the Consumer Packaged Goods industry
Industry Median: 8.63 vs TSXV:NPV: 12.17

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

Next Phase Ventures  (TSXV:NPV) 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 .

Next Phase Ventures Interest Coverage Related Terms

Next Phase Ventures Interest Coverage Historical Data

* Premium members only.

The historical data trend for Next Phase Ventures'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.

Next Phase Ventures Interest Coverage Chart

Next Phase Ventures Annual Data
Trend Sep23 Sep24 Sep25
Interest Coverage
0.00 0.00 0.00

Next Phase Ventures Quarterly Data
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 0.00 0.00 0.00 0.00 0.00

TSXV:NPV vs ADM, BG, TSN: Interest Coverage Comparison

For the Farm Products subindustry, Next Phase Ventures'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.

Next Phase Ventures Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Next Phase Ventures's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Next Phase Ventures's Interest Coverage falls into.


Next Phase Ventures 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.

Next Phase Ventures's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Next Phase Ventures's Interest Expense was C$-0.03 Mil. Its Operating Income was C$-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Next Phase Ventures did not have earnings to cover the interest expense.

Next Phase Ventures's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Next Phase Ventures's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Next Phase Ventures 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?
Next Phase Ventures (TSXV:NPV) 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 Next Phase Ventures and its competitors. According to the industry distribution chart, Next Phase Ventures ranks #664 out of 1511 companies in the Consumer Packaged Goods industry, placing it in the top 43.9%.
Is Next Phase Ventures' Interest Coverage too high?
Next Phase Ventures' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Next Phase Ventures ranks #664 out of 1511 companies in the Consumer Packaged Goods industry, which is above the industry midpoint.
How does Next Phase Ventures' Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Next Phase Ventures ranks #664 out of 1511 companies for Interest Coverage. This puts Next Phase Ventures in the upper 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.63, based on 1,511 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 Next Phase Ventures and its competitors. For the Consumer Packaged Goods 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. Next Phase Ventures'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 Next Phase Ventures stock overvalued right now?
Next Phase Ventures (TSXV:NPV) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Next Phase Ventures (TSXV:NPV), 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.

Next Phase Ventures Business Description

Address 222 Eagle Ridge Drive SW, 3n, Calgary, AB, CAN, T2V 2V7
Next Phase Ventures Ltd is focused on evaluating, developing, and operating businesses across emerging and evolving markets. The Company is focused on identifying strategic opportunities that leverage public markets access, operational experience, and scalable business platforms to support long-term shareholder value creation. The group continues to maintain interests in its existing operating subsidiaries that engage in a nature-based carbon solutions platform supporting the development of high-integrity carbon credit programs utilizing industrial hemp and digital measurement, reporting, and verification frameworks aligned with ISO 14064-2 standards.