GLGDF (GoGold Resources) Interest Coverage: 144.81 (As of Mar. 2026) — 1418% Above Median

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GLGDF GoGold Resources Inc GLGDF
80 GF Score
Price $2.15
GF Value $2.45
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GoGold Resources Interest Coverage?

GoGold Resources GLGDF -4.87% 80 Interest Coverage is 144.81 as of Mar. 2026, which is 1418% above its 10-year median of 9.54. GuruFocus rates GLGDF with a GF Score™ of 80/100 and a GF Value™ of $2.45 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,320 Metals & Mining companies, GoGold Resources ranks worse than 65.3% 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. GoGold Resources's Operating Income for the three months ended in Mar. 2026 was $18.39 Mil. GoGold Resources's Interest Expense for the three months ended in Mar. 2026 was $-0.13 Mil. GoGold Resources's interest coverage for the quarter that ended in Mar. 2026 was 144.81. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GoGold Resources Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for GoGold Resources's Interest Coverage or its related term are showing as below:

GLGDF' s Interest Coverage Range Over the Past 10 Years
Min: 0.55   Med: 9.54   Max: 84.9
Current: 84.9


GLGDF's Interest Coverage is ranked worse than
65.3% of 1320 companies
in the Metals & Mining industry
Industry Median: No Debt vs GLGDF: 84.90

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


GoGold Resources  (OTCPK:GLGDF) 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 .


GoGold Resources Interest Coverage Related Terms


GoGold Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for GoGold Resources'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.

GoGold Resources Interest Coverage Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.47 0.00 0.00 5.48 32.31

GoGold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 28.00 34.54 40.24 121.87 144.81

GLGDF vs HL: Interest Coverage Comparison

For the Other Precious Metals & Mining subindustry, GoGold Resources'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.


GoGold Resources Interest Coverage vs Metals & Mining Industry

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

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


GLGDF
80GF Score
GoGold Resources Inc GLGDF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoGold Resources 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.

GoGold Resources's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, GoGold Resources's Interest Expense was $-0.54 Mil. Its Operating Income was $17.35 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.78 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*17.351/-0.537
=32.31

GoGold Resources's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, GoGold Resources's Interest Expense was $-0.13 Mil. Its Operating Income was $18.39 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*18.391/-0.127
=144.81

* 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 144.81 mean?
GoGold Resources (GLGDF) has a Interest Coverage of 144.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GoGold Resources and its competitors. This is 1418% above median its historical median of 9.54. Over the past decade, GoGold Resources' Interest Coverage has ranged from 0.55 to 84.90. According to the industry distribution chart, GoGold Resources ranks #862 out of 1320 companies in the Metals & Mining industry, placing it in the top 65.3%.
Is GoGold Resources' Interest Coverage too high?
GoGold Resources' current Interest Coverage of 144.81 is 1418% above median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 84.90. The Metals & Mining industry median Interest Coverage is 10,000.00. GoGold Resources' value of 144.81 is 98.6% below this industry median. Based on the distribution chart, GoGold Resources ranks #862 out of 1320 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, GoGold Resources has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Interest Coverage compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #862 out of 1320 companies for Interest Coverage. This places GoGold Resources in the lower half of its industry. The industry median Interest Coverage is 10,000.00. GoGold Resources' value of 144.81 is 98.6% below this benchmark. Historically, GoGold Resources' own Interest Coverage has ranged from 0.55 to 84.90 over the past decade. While the company's 10-year median is 9.54 vs. the industry median of 10,000.00, GoGold Resources has consistently been below the industry average. 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 1,320 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. GoGold Resources's current Interest Coverage of 144.81 is 98.6% below the industry median. 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 GoGold Resources 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. GoGold Resources's current Interest Coverage is 144.81, which is 1418% above median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.45, compared to a current price of $2.15 — trading 12.2% below its estimated fair value. The current Interest Coverage is 144.81, which is 1418% above median its 10-year median of 9.54 and 98.6% below the Metals & Mining industry median of 10,000.00. GoGold Resources' overall GF Score™ is 80/100 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 GoGold Resources (GLGDF), the current Interest Coverage is 144.81 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.

Is GoGold Resources (GLGDF) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of $2.15 is trading 12.2% below its estimated GF Value™ of $2.45. GuruFocus considers GoGold Resources to be Modestly Undervalued.

Key valuation signals for GLGDF:

  • Interest Coverage: 144.81 (1418% above median its 10-year median of 9.54)
  • GF Value™: $2.45 vs. price of $2.15 (12.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 98.6% below the Metals & Mining median (#862 of 1320)

No single metric tells the full story. See the GLGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoGold Resources Business Description

Other Exchanges GGD:GermanyGGD:Canada
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
80GF Score

Get the complete analysis for GLGDF

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

$2.15
Price
$2.45
GF Value