Group Eleven ResourcesGRLVF -0.81%29 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates GRLVF with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,316 Metals & Mining companies, Group Eleven Resources ranks better than 99.39% 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. Group Eleven Resources's
Operating Income
for the
three
months ended in Mar. 2026 was $-1.40 Mil. Group Eleven Resources's Interest Expense for the
three
months ended in Mar. 2026 was $0.00 Mil.
Group Eleven Resources has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Group Eleven Resources Corp has no debt.
(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 Group Eleven Resources's Interest Coverage or its related term are showing as below:
GRLVF'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
GRLVF's Interest Coverage is ranked better than 99.39% of 1316
companies
in the Metals & Mining industry
Industry Median: No Debt
vs GRLVF: No Debt
Group Eleven Resources (OTCPK:GRLVF) 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 .
Group Eleven Resources Interest Coverage Related Terms
Group Eleven Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for Group Eleven 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.
Group Eleven Resources Interest Coverage Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Group Eleven 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.
Group Eleven Resources Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Group Eleven Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Group Eleven Resources's Interest Coverage falls into.
Group Eleven 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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Group Eleven Resources (GRLVF) 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 Group Eleven Resources and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Group Eleven Resources' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Group Eleven Resources ranks #8 out of 1316 companies in the Metals & Mining industry, placing it in the top 0.59999999999999%.
Is Group Eleven Resources' Interest Coverage too high?
Group Eleven Resources' 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, Group Eleven Resources ranks #8 out of 1316 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Group Eleven Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Group Eleven Resources' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Group Eleven Resources ranks #8 out of 1316 companies for Interest Coverage. This places Group Eleven Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Group Eleven Resources' 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 1,316 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 Group Eleven 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. Group Eleven Resources'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 Group Eleven Resources stock overvalued right now?
Group Eleven Resources (GRLVF) 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. Group Eleven Resources' overall GF Score™ is 29/100 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 Group Eleven Resources (GRLVF), 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.
Group Eleven Resources Corp is a Canada-based mining company. The company is a mineral exploration company focused on stage zinc exploration in the Republic of Ireland. The company is engaged in the business of exploration and evaluation of mineral properties. The company's project consists of Ballinalack, PG West, Stonepark and others.
29GF Score
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