GRCAF (Gold Springs Resource) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


What is Gold Springs Resource Interest Coverage?

Gold Springs Resource GRCAF Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. Among 1,319 Metals & Mining companies, Gold Springs Resource 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. Gold Springs Resource's Operating Income for the three months ended in Mar. 2026 was $-0.14 Mil. Gold Springs Resource's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. Gold Springs Resource 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 Gold Springs Resource's Interest Coverage or its related term are showing as below:


GRCAF'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.


Gold Springs Resource  (OTCPK:GRCAF) 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 .


Gold Springs Resource Interest Coverage Related Terms


Gold Springs Resource Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gold Springs Resource'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.

Gold Springs Resource Interest Coverage Chart

Gold Springs Resource 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 No Debt No Debt N/A N/A No Debt

Gold Springs Resource 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 N/A N/A N/A No Debt No Debt

GRCAF vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Gold Springs Resource'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.


Gold Springs Resource Interest Coverage vs Metals & Mining Industry

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

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



Gold Springs Resource 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.

Gold Springs Resource'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, Gold Springs Resource's Interest Expense was $0.00 Mil. Its Operating Income was $-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Gold Springs Resource had no debt (1).

Gold Springs Resource's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Gold Springs Resource's Interest Expense was $0.00 Mil. Its Operating Income was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Gold Springs Resource 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Gold Springs Resource (GRCAF) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gold Springs Resource and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Gold Springs Resource's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Gold Springs Resource ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Gold Springs Resource's Interest Coverage too high?
Gold Springs Resource's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Gold Springs Resource ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Gold Springs Resource's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Springs Resource ranks #999999 out of 1319 companies for Interest Coverage. This places Gold Springs Resource in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Historically, Gold Springs Resource's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Gold Springs Resource 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. Gold Springs Resource's current Interest Coverage is No Debt (1), which is 100% 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 Gold Springs Resource stock overvalued right now?
Gold Springs Resource (GRCAF) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Gold Springs Resource (GRCAF), the current Interest Coverage is No Debt (1) 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.

Gold Springs Resource Business Description

Other Exchanges SS7A:GermanyGRC:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development. Geographically, the company operates in Canada, and United States.