Ramp Metals (TSXV:RAMP) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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TSXV:RAMP Ramp Metals Inc TSXV:RAMP
17 GF Score
Price C$0.28
! 1 Warning Sign
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What is Ramp Metals Interest Coverage?

Ramp Metals TSXV:RAMP +1.85% 17 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSXV:RAMP with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 1,328 Metals & Mining companies, Ramp Metals ranks better than 99.55% 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. Ramp Metals's Operating Income for the three months ended in Mar. 2026 was C$-0.25 Mil. Ramp Metals's Interest Expense for the three months ended in Mar. 2026 was C$0.00 Mil. Ramp Metals has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ramp Metals Inc has enough cash to cover all of its debt. Its financial situation is stable.

(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 Ramp Metals's Interest Coverage or its related term are showing as below:

TSXV:RAMP' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSXV:RAMP's Interest Coverage is ranked better than
99.55% of 1328 companies
in the Metals & Mining industry
Industry Median: No Debt vs TSXV:RAMP: No Debt

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


Ramp Metals  (TSXV:RAMP) 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 .


Ramp Metals Interest Coverage Related Terms


Ramp Metals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ramp Metals'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.

Ramp Metals Interest Coverage Chart

Ramp Metals Annual Data
Trend Jun23 Jun24 Jun25
Interest Coverage
No Debt No Debt No Debt

Ramp Metals Quarterly Data
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 No Debt No Debt No Debt No Debt No Debt

Ramp Metals Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ramp Metals'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.


Ramp Metals Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ramp Metals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ramp Metals's Interest Coverage falls into.


TSXV:RAMP
17GF Score
Ramp Metals Inc TSXV:RAMP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ramp Metals 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.

Ramp Metals's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Ramp Metals's Interest Expense was C$0.00 Mil. Its Operating Income was C$-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Ramp Metals had no debt (1).

Ramp Metals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ramp Metals's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Ramp Metals 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?
Ramp Metals (TSXV:RAMP) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ramp Metals and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Ramp Metals' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Ramp Metals ranks #6 out of 1328 companies in the Metals & Mining industry, placing it in the top 0.5%.
Is Ramp Metals' Interest Coverage too high?
Ramp Metals' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Ramp Metals ranks #6 out of 1328 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ramp Metals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ramp Metals' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Ramp Metals ranks #6 out of 1328 companies for Interest Coverage. This places Ramp Metals in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Ramp Metals' own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,328 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 Ramp Metals and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramp Metals's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramp Metals stock overvalued right now?
Ramp Metals (TSXV:RAMP) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Ramp Metals' overall GF Score™ is 17/100 with 1 warning sign 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 Ramp Metals (TSXV:RAMP), the current Interest Coverage is No Debt (1) 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.

Ramp Metals Business Description

Other Exchanges 6DK:Germany
Address 3148 Highland Boulevard, North Vancouver, BC, CAN, V7R 2X6
Ramp Metals Inc is engaged in exploring and developing its resource properties. The company's exploration assets include Rottenstone SW and the Peter Lake Domain property in Saskatchewan, Canada. Geographically, the company has a presence in Canada and the United States of America.
17GF Score

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