AGRDF (Minnova) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


AGRDF Minnova Corp AGRDF
31 GF Score
Price $0.22
! 1 Warning Sign
View Full Analysis

What is Minnova Interest Coverage?

Minnova AGRDF +44.26% 31 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates AGRDF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,317 Metals & Mining companies, Minnova ranks worse than 75930.07% 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. Minnova's Operating Income for the three months ended in Dec. 2025 was $-1.83 Mil. Minnova's Interest Expense for the three months ended in Dec. 2025 was $-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


AGRDF'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.


Minnova  (OTCPK:AGRDF) 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 .


Minnova Interest Coverage Related Terms


Minnova Interest Coverage Historical Data

* Premium members only.

The historical data trend for Minnova'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.

Minnova Interest Coverage Chart

Minnova Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Minnova Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 No Debt 0.00 0.00 0.00

AGRDF vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Minnova'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.


Minnova Interest Coverage vs Metals & Mining Industry

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

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


AGRDF
31GF Score
Minnova Corp AGRDF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minnova 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.

Minnova's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Minnova's Interest Expense was $0.00 Mil. Its Operating Income was $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Minnova had no debt (1).

Minnova's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Minnova's Interest Expense was $-0.02 Mil. Its Operating Income was $-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Minnova 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?
Minnova (AGRDF) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minnova and its competitors. According to the industry distribution chart, Minnova ranks #999999 out of 1317 companies in the Metals & Mining industry.
Is Minnova's Interest Coverage too high?
Minnova's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Minnova ranks #999999 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Minnova has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Minnova's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Minnova ranks #999999 out of 1317 companies for Interest Coverage. This places Minnova 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 1,317 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 Minnova 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. Minnova'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 Minnova stock overvalued right now?
Minnova (AGRDF) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Minnova'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 Minnova (AGRDF), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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.

Minnova Business Description

Other Exchanges 2J1A:GermanyMCI:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Minnova Corp is engaged in the exploration and development of mineral properties in Manitoba, Canada, specifically the past-producing PL Gold Mine. The company holds an interest in PL Gold Deposit and Nokomis Property. The PL Gold Mine holds an underground mining permit that includes approximately 1,000 tpd processing plant, and has over 7,000 meters of developed underground ramps to a depth of around 135 meters. The company's reportable segments are Mineral exploration and Renewable energy.
31GF Score

Get the complete analysis for AGRDF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.22
Price