KRLTF (Karnalyte Resources) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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KRLTF Karnalyte Resources Inc KRLTF
32 GF Score
Price $0.20
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What is Karnalyte Resources Interest Coverage?

Karnalyte Resources KRLTF +19.05% 32 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates KRLTF with a GF Score™ of 32/100. Among 201 Agriculture companies, Karnalyte Resources ranks worse than 497511.94% 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. Karnalyte Resources's Operating Income for the three months ended in Mar. 2026 was $-0.31 Mil. Karnalyte Resources's Interest Expense for the three months ended in Mar. 2026 was $-0.01 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


KRLTF's Interest Coverage is not ranked *
in the Agriculture industry.
Industry Median: 7.08
* 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.


Karnalyte Resources  (OTCPK:KRLTF) 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 .


Karnalyte Resources Interest Coverage Related Terms


Karnalyte Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Karnalyte 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.

Karnalyte Resources Interest Coverage Chart

Karnalyte Resources 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

Karnalyte 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 0.00 0.00 0.00 0.00 0.00

KRLTF vs CTVA, CF, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Karnalyte 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.


Karnalyte Resources Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Karnalyte Resources's Interest Coverage distribution charts can be found below:

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


KRLTF
32GF Score
Karnalyte Resources Inc KRLTF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Karnalyte 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.

Karnalyte Resources'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, Karnalyte Resources's Interest Expense was $-0.04 Mil. Its Operating Income was $-1.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Karnalyte Resources did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Karnalyte Resources's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Karnalyte Resources did not have earnings to cover the 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.

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 0 (At Loss) mean?
Karnalyte Resources (KRLTF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Karnalyte Resources and its competitors. According to the industry distribution chart, Karnalyte Resources ranks #999999 out of 201 companies in the Agriculture industry.
Is Karnalyte Resources' Interest Coverage too high?
Karnalyte Resources' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Karnalyte Resources ranks #999999 out of 201 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Karnalyte Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Karnalyte Resources' Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Karnalyte Resources ranks #999999 out of 201 companies for Interest Coverage. This places Karnalyte Resources in the lower half of its industry. The industry median Interest Coverage is 7.08. 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 an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.08, based on 201 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 Karnalyte Resources and its competitors. For the Agriculture industry, the median Interest Coverage is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnalyte Resources's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnalyte Resources stock overvalued right now?
Karnalyte Resources (KRLTF) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Karnalyte Resources' overall GF Score™ is 32/100. 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 Karnalyte Resources (KRLTF), the current Interest Coverage is 0 (At Loss) 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.

Karnalyte Resources Business Description

Other Exchanges KRN:Canada
Address 409 3rd Avenue S, Suite 1201, Saskatoon, SK, CAN, S7K 5R5
Karnalyte Resources Inc is focused on the development of potash and magnesium operations in Saskatchewan, Canada. Its potash project in Wynyard, Saskatchewan (the Wynyard Project) is a proposed potash mine utilizing conventional solution mining methods for the production of white granular potash product (KCl 97) with low sodium content. The company has also done a preliminary feasibility study for the production of Hydromagnesite and MgCl2 brine.
32GF Score

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

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