Black Swan GrapheneTSXV:SWAN +3.70%31 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:SWAN with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,237 Chemicals companies, Black Swan Graphene ranks better than 99.43% 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. Black Swan Graphene's
Operating Income
for the
three
months ended in Mar. 2026 was C$-1.04 Mil. Black Swan Graphene's Interest Expense for the
three
months ended in Mar. 2026 was C$0.00 Mil.
Black Swan Graphene has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Black Swan Graphene Inc has no debt.
(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 Black Swan Graphene's Interest Coverage or its related term are showing as below:
TSXV:SWAN'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
TSXV:SWAN's Interest Coverage is ranked better than 99.43% of 1237
companies
in the Chemicals industry
Industry Median: 10.21
vs TSXV:SWAN: No Debt
Black Swan Graphene (TSXV:SWAN) 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 .
Black Swan Graphene Interest Coverage Related Terms
Black Swan Graphene Interest Coverage Historical Data
* Premium members only.
The historical data trend for Black Swan Graphene'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.
For the Chemicals subindustry, Black Swan Graphene'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.
Black Swan Graphene Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Black Swan Graphene's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Black Swan Graphene's Interest Coverage falls into.
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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Black Swan Graphene (TSXV:SWAN) 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 Black Swan Graphene and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Black Swan Graphene's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Black Swan Graphene ranks #7 out of 1237 companies in the Chemicals industry, placing it in the top 0.59999999999999%.
Is Black Swan Graphene's Interest Coverage too high?
Black Swan Graphene's 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, Black Swan Graphene ranks #7 out of 1237 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Black Swan Graphene has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Black Swan Graphene's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Black Swan Graphene ranks #7 out of 1237 companies for Interest Coverage. This places Black Swan Graphene in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.21. Historically, Black Swan Graphene's 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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 Black Swan Graphene and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Swan Graphene'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 Black Swan Graphene stock overvalued right now?
Black Swan Graphene (TSXV:SWAN) 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. Black Swan Graphene's overall GF Score™ is 31/100 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 Black Swan Graphene (TSXV:SWAN), 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.
Black Swan Graphene Inc is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymer, Li-ion batteries, and others, which are expected to require large volumes of graphene and, in turn, require large volumes of graphite.
31GF Score
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