Labrador Iron Ore RoyaltyLIFZF -0.13%74 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates LIFZF with a GF Score™ of 74/100 and a GF Value™ of $18.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 458 Steel companies, Labrador Iron Ore Royalty ranks better than 99.78% 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. Labrador Iron Ore Royalty's
Operating Income
for the
three
months ended in Mar. 2026 was $19.3 Mil. Labrador Iron Ore Royalty's Interest Expense for the
three
months ended in Mar. 2026 was $0.0 Mil.
Labrador Iron Ore Royalty has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Labrador Iron Ore Royalty 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 Labrador Iron Ore Royalty's Interest Coverage or its related term are showing as below:
LIFZF'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
LIFZF's Interest Coverage is ranked better than 99.78% of 458
companies
in the Steel industry
Industry Median: 4.445
vs LIFZF: No Debt
Labrador Iron Ore Royalty (OTCPK:LIFZF) 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 .
Labrador Iron Ore Royalty Interest Coverage Related Terms
Labrador Iron Ore Royalty Interest Coverage Historical Data
* 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.
LIFZF vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Labrador Iron Ore Royalty's Interest Coverage falls into.
Labrador Iron Ore Royalty 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?
Labrador Iron Ore Royalty (LIFZF) 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 Labrador Iron Ore Royalty and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Labrador Iron Ore Royalty's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Labrador Iron Ore Royalty ranks #1 out of 458 companies in the Steel industry, placing it in the top 0.2%.
Is Labrador Iron Ore Royalty's Interest Coverage too high?
Labrador Iron Ore Royalty'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, Labrador Iron Ore Royalty ranks #1 out of 458 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Labrador Iron Ore Royalty has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Labrador Iron Ore Royalty's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Labrador Iron Ore Royalty ranks #1 out of 458 companies for Interest Coverage. This places Labrador Iron Ore Royalty in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Historically, Labrador Iron Ore Royalty'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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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 Labrador Iron Ore Royalty and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Iron Ore Royalty'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 Labrador Iron Ore Royalty stock overvalued right now?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty (LIFZF) is currently considered Fairly Valued. The stock's GF Value™ is $18.13, compared to a current price of $19.99 — trading 10.3% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Labrador Iron Ore Royalty's overall GF Score™ is 74/100 with 5 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 Labrador Iron Ore Royalty (LIFZF), 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.
Is Labrador Iron Ore Royalty (LIFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty stock appears to be overvalued.
The current stock price of $19.99 is trading 10.3% above its estimated GF Value™ of $18.13.
GuruFocus considers Labrador Iron Ore Royalty to be Fairly Valued.
Key valuation signals for LIFZF:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: $18.13 vs. price of $19.99 (10.3% above fair value)
No single metric tells the full story. See the LIFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
74GF Score
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