Persistence Gold Group (HKSE:02489) Interest Coverage: 34.10 (As of Mar. 2026) — 11% Below Median


HKSE:02489 Persistence Gold Group Ltd HKSE:02489
48 GF Score
Price HK$0.75
! 4 Warning Signs
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What is Persistence Gold Group Interest Coverage?

Persistence Gold Group HKSE:02489 +2.74% 48 Interest Coverage is 34.10 as of Mar. 2026, which is 11% below its 10-year median of 38.51. GuruFocus rates HKSE:02489 with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 1,316 Metals & Mining companies, Persistence Gold Group ranks worse than 71.43% 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. Persistence Gold Group's Operating Income for the three months ended in Mar. 2026 was HK$101.4 Mil. Persistence Gold Group's Interest Expense for the three months ended in Mar. 2026 was HK$-3.0 Mil. Persistence Gold Group's interest coverage for the quarter that ended in Mar. 2026 was 34.10. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Persistence Gold Group's Interest Coverage or its related term are showing as below:

HKSE:02489' s Interest Coverage Range Over the Past 10 Years
Min: 23.2   Med: 38.51   Max: 81.04
Current: 26.84


HKSE:02489's Interest Coverage is ranked worse than
71.43% of 1316 companies
in the Metals & Mining industry
Industry Median: No Debt vs HKSE:02489: 26.84

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


Persistence Gold Group  (HKSE:02489) 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 .


Persistence Gold Group Interest Coverage Related Terms


Persistence Gold Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Persistence Gold Group'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.

Persistence Gold Group Interest Coverage Chart

Persistence Gold Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 23.20 62.64 44.23 81.04 28.85

Persistence Gold Group Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 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 69.61 29.44 32.01 17.89 34.10

HKSE:02489 vs NEM, AU, RGLD: Interest Coverage Comparison

For the Gold subindustry, Persistence Gold Group'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.


Persistence Gold Group Interest Coverage vs Metals & Mining Industry

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

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


HKSE:02489
48GF Score
Persistence Gold Group Ltd HKSE:02489
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Persistence Gold Group 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.

Persistence Gold Group'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, Persistence Gold Group's Interest Expense was HK$-9.8 Mil. Its Operating Income was HK$281.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$84.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*281.934/-9.772
=28.85

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

Here, for the three months ended in Mar. 2026, Persistence Gold Group's Interest Expense was HK$-3.0 Mil. Its Operating Income was HK$101.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$82.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*101.409/-2.974
=34.10

* 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 34.10 mean?
Persistence Gold Group (HKSE:02489) has a Interest Coverage of 34.10 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Persistence Gold Group and its competitors. This is 11% below median its historical median of 38.51. Over the past decade, Persistence Gold Group's Interest Coverage has ranged from 23.20 to 81.04. According to the industry distribution chart, Persistence Gold Group ranks #940 out of 1316 companies in the Metals & Mining industry, placing it in the top 71.4%.
Is Persistence Gold Group's Interest Coverage too high?
Persistence Gold Group's current Interest Coverage of 34.10 is 11% below median its 10-year median of 38.51. Over the past 10 years, this metric has ranged from a low of 23.20 to a high of 81.04. The Metals & Mining industry median Interest Coverage is 10,000.00. Persistence Gold Group's value of 34.10 is 99.7% below this industry median. Based on the distribution chart, Persistence Gold Group ranks #940 out of 1316 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Persistence Gold Group has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #940 out of 1316 companies for Interest Coverage. This places Persistence Gold Group in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Persistence Gold Group's value of 34.10 is 99.7% below this benchmark. Historically, Persistence Gold Group's own Interest Coverage has ranged from 23.20 to 81.04 over the past decade. While the company's 10-year median is 38.51 vs. the industry median of 10,000.00, Persistence Gold Group 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 1,316 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. Persistence Gold Group's current Interest Coverage of 34.10 is 99.7% 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 Persistence Gold Group 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. Persistence Gold Group's current Interest Coverage is 34.10, which is 11% below median its own 10-year median of 38.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current Interest Coverage of 34.10. The current Interest Coverage is 34.10, which is 11% below median its 10-year median of 38.51 and 99.7% below the Metals & Mining industry median of 10,000.00. Persistence Gold Group's overall GF Score™ is 48/100 with 4 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 Persistence Gold Group (HKSE:02489), the current Interest Coverage is 34.10 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.

Persistence Gold Group Business Description

Address 199 Des Voeux Road Central, Level 20, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
48GF Score

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