WESMF (West Mining) Interest Coverage: 0 (At Loss) (As of Apr. 2026)


What is West Mining Interest Coverage?

West Mining WESMF +1.77% Interest Coverage is 0 (At Loss) as of Apr. 2026. The stock has 2 warning signs investors should review. Among 1,319 Metals & Mining companies, West Mining ranks worse than 75814.94% 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. West Mining's Operating Income for the three months ended in Apr. 2026 was $-0.23 Mil. West Mining's Interest Expense for the three months ended in Apr. 2026 was $-0.00 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 West Mining's Interest Coverage or its related term are showing as below:


WESMF's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


West Mining  (OTCPK:WESMF) 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 .


West Mining Interest Coverage Related Terms


West Mining Interest Coverage Historical Data

* Premium members only.

The historical data trend for West Mining'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.

West Mining Interest Coverage Chart

West Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

West Mining 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 0.00 0.00 0.00 0.00

West Mining Interest Coverage Competitor Comparison

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


West Mining Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where West Mining's Interest Coverage falls into.



West Mining 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.

West Mining'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, West Mining's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

West Mining did not have earnings to cover the interest expense.

West Mining's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, West Mining's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

West Mining 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?
West Mining (WESMF) has a Interest Coverage of 0 (At Loss) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on West Mining and its competitors. According to the industry distribution chart, West Mining ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is West Mining's Interest Coverage too high?
West Mining's current Interest Coverage is 0 (At Loss). Based on the distribution chart, West Mining ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does West Mining's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, West Mining ranks #999999 out of 1319 companies for Interest Coverage. This places West Mining in the lower half of its industry. The industry median Interest Coverage is 10,000.00. 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 1,319 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 West Mining 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. West Mining'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 West Mining stock overvalued right now?
West Mining (WESMF) 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 West Mining (WESMF), the current Interest Coverage is 0 (At Loss) 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.

West Mining Business Description

Other Exchanges WEST:Canada
Address 1011 West Cordova Street, Suite 4204, Vancouver, BC, CAN, V6C 0B2
West Mining Corp is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral properties. Its project portfolio comprises the Kena Project, located in the Nelson Mining District in British Columbia, and the Folkestone Property claims located in the Spanish Mountain District and the Junkers District in British Columbia, Canada.