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Taurus Gold (FRA:W1N) Interest Coverage : No Debt (1) (As of Jan. 2025)


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What is Taurus Gold Interest Coverage?

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. Taurus Gold's Operating Income for the three months ended in Jan. 2025 was €-0.06 Mil. Taurus Gold's Interest Expense for the three months ended in Jan. 2025 was €0.00 Mil. Taurus Gold has no debt. 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 Taurus Gold's Interest Coverage or its related term are showing as below:

FRA:W1N' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


FRA:W1N's Interest Coverage is ranked better than
99.85% of 1333 companies
in the Metals & Mining industry
Industry Median: No Debt vs FRA:W1N: 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.


Taurus Gold Interest Coverage Historical Data

The historical data trend for Taurus Gold'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.

* Premium members only.

Taurus Gold Interest Coverage Chart

Taurus Gold Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Interest Coverage
No Debt - No Debt No Debt

Taurus Gold Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Taurus Gold's Interest Coverage

For the Other Precious Metals & Mining subindustry, Taurus Gold'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.


Taurus Gold's Interest Coverage Distribution in the Metals & Mining Industry

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

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


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Taurus Gold 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.

Taurus Gold's Interest Coverage for the fiscal year that ended in Jul. 2024 is calculated as

Here, for the fiscal year that ended in Jul. 2024, Taurus Gold's Interest Expense was €0.00 Mil. Its Operating Income was €-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Taurus Gold had no debt (1).

Taurus Gold's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, Taurus Gold's Interest Expense was €0.00 Mil. Its Operating Income was €-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Taurus Gold 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.


Taurus Gold  (FRA:W1N) 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 .


Taurus Gold Interest Coverage Related Terms

Thank you for viewing the detailed overview of Taurus Gold's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Taurus Gold Business Description

Traded in Other Exchanges
Address
9768 - 170th Street, Suite 239, Edmonton, AB, CAN, T5T 5L4
Taurus Gold Corp is an early-stage mineral exploration company focused on the acquisition, exploration, and development of mineral properties. The Corporation's objective is to conduct an exploration program on the Charlotte Property.

Taurus Gold Headlines

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