GNGXF (Inventus Mining) Interest Coverage: 73.25 (As of Mar. 2026) — 99% Below Median


GNGXF Inventus Mining Corp GNGXF
33 GF Score
Price $0.23
! 3 Warning Signs
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What is Inventus Mining Interest Coverage?

Inventus Mining GNGXF +7.24% 33 Interest Coverage is 73.25 as of Mar. 2026, which is 99% below its 10-year median of 10,000.00. GuruFocus rates GNGXF with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,315 Metals & Mining companies, Inventus Mining ranks worse than 76045.55% 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. Inventus Mining's Operating Income for the three months ended in Mar. 2026 was $0.29 Mil. Inventus Mining's Interest Expense for the three months ended in Mar. 2026 was $-0.00 Mil. Inventus Mining's interest coverage for the quarter that ended in Mar. 2026 was 73.25. The higher the ratio, the stronger the company's financial strength is.

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


GNGXF'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.


Inventus Mining  (OTCPK:GNGXF) 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 .


Inventus Mining Interest Coverage Related Terms


Inventus Mining Interest Coverage Historical Data

* Premium members only.

The historical data trend for Inventus 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.

Inventus Mining Interest Coverage Chart

Inventus Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Inventus Mining 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 0.00 No Debt No Debt 0.00 73.25

GNGXF vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Inventus 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.


Inventus Mining Interest Coverage vs Metals & Mining Industry

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

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


GNGXF
33GF Score
Inventus Mining Corp GNGXF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Inventus 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.

Inventus Mining's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Inventus Mining's Interest Expense was $-0.00 Mil. Its Operating Income was $-2.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

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

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

Here, for the three months ended in Mar. 2026, Inventus Mining's Interest Expense was $-0.00 Mil. Its Operating Income was $0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.03 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.293/-0.004
=73.25

* 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 73.25 mean?
Inventus Mining (GNGXF) has a Interest Coverage of 73.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Inventus Mining and its competitors. This is 99% below median its historical median of 10,000.00. According to the industry distribution chart, Inventus Mining ranks #999999 out of 1315 companies in the Metals & Mining industry.
Is Inventus Mining's Interest Coverage too high?
Inventus Mining's current Interest Coverage of 73.25 is 99% below median its 10-year median of 10,000.00. The Metals & Mining industry median Interest Coverage is 10,000.00. Inventus Mining's value of 73.25 is 99.3% below this industry median. Based on the distribution chart, Inventus Mining ranks #999999 out of 1315 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Inventus Mining has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Inventus Mining's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Inventus Mining ranks #999999 out of 1315 companies for Interest Coverage. This places Inventus Mining in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Inventus Mining's value of 73.25 is 99.3% below this benchmark. While the company's 10-year median is 10,000.00 vs. the industry median of 10,000.00, Inventus Mining 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 1,315 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. Inventus Mining's current Interest Coverage of 73.25 is 99.3% 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 Inventus 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. Inventus Mining's current Interest Coverage is 73.25, which is 99% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inventus Mining stock overvalued right now?
Inventus Mining (GNGXF) has a current Interest Coverage of 73.25. The current Interest Coverage is 73.25, which is 99% below median its 10-year median of 10,000.00 and 99.3% below the Metals & Mining industry median of 10,000.00. Inventus Mining's overall GF Score™ is 33/100 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 Inventus Mining (GNGXF), the current Interest Coverage is 73.25 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.

Inventus Mining Business Description

Other Exchanges 3GIA:GermanyIVS:Canada
Address 82 Richmond Street East, Suite 200, Floor 1, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Inventus Mining Corp is engaged in the business of locating and exploring mineral properties. Its principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America.
33GF Score

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