VMAR (Vision Marine Technologies) Interest Coverage: 0 (At Loss) (As of Feb. 2026)


VMAR Vision Marine Technologies Inc VMAR
16 GF Score
Price $1.97
! 3 Warning Signs
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What is Vision Marine Technologies Interest Coverage?

Vision Marine Technologies VMAR -28.21% 16 Interest Coverage is 0 (At Loss) as of Feb. 2026. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Vision Marine Technologies ranks worse than 93808.54% 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. Vision Marine Technologies's Operating Income for the three months ended in Feb. 2026 was $-3.03 Mil. Vision Marine Technologies's Interest Expense for the three months ended in Feb. 2026 was $-0.74 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 Vision Marine Technologies's Interest Coverage or its related term are showing as below:


VMAR's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.295
* 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.


Vision Marine Technologies  (NAS:VMAR) 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 .


Vision Marine Technologies Interest Coverage Related Terms


Vision Marine Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Interest Coverage Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Vision Marine Technologies Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 1.07 0.00 0.00

VMAR vs MCOM, EZGO, VEEE: Interest Coverage Comparison

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.


Vision Marine Technologies Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's Interest Coverage falls into.


VMAR
16GF Score
Vision Marine Technologies Inc VMAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vision Marine Technologies 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.

Vision Marine Technologies's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Vision Marine Technologies's Interest Expense was $-0.59 Mil. Its Operating Income was $-7.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.55 Mil.

Vision Marine Technologies did not have earnings to cover the interest expense.

Vision Marine Technologies's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Vision Marine Technologies's Interest Expense was $-0.74 Mil. Its Operating Income was $-3.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $13.62 Mil.

Vision Marine Technologies 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?
Vision Marine Technologies (VMAR) has a Interest Coverage of 0 (At Loss) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vision Marine Technologies and its competitors. According to the industry distribution chart, Vision Marine Technologies ranks #999999 out of 1066 companies in the Vehicles & Parts industry.
Is Vision Marine Technologies' Interest Coverage too high?
Vision Marine Technologies' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Vision Marine Technologies ranks #999999 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Interest Coverage compare to MCOM and EZGO?
According to the Vehicles & Parts industry distribution chart, Vision Marine Technologies ranks #999999 out of 1066 companies for Interest Coverage. This places Vision Marine Technologies in the lower half of its industry. The industry median Interest Coverage is 8.30. 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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 Vision Marine Technologies and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vision Marine Technologies'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 Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Vision Marine Technologies' overall GF Score™ is 16/100 with 3 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 Vision Marine Technologies (VMAR), the current Interest Coverage is 0 (At Loss) as of Feb. 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.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score

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