LKAI (LKA Gold) Interest Coverage: 0 (At Loss) (As of Sep. 2019)


LKAI LKA Gold Inc LKAI
12 GF Score
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What is LKA Gold Interest Coverage?

LKA Gold LKAI 12 Interest Coverage is 0 (At Loss) as of Sep. 2019. GuruFocus rates LKAI with a GF Score™ of 12/100.

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. LKA Gold's Operating Income for the three months ended in Sep. 2019 was $-0.08 Mil. LKA Gold's Interest Expense for the three months ended in Sep. 2019 was $-0.02 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 LKA Gold's Interest Coverage or its related term are showing as below:


LKAI'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.


LKA Gold  (OTCPK:LKAI) 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 .


LKA Gold Interest Coverage Related Terms


LKA Gold Interest Coverage Historical Data

* Premium members only.

The historical data trend for LKA Gold'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.

LKA Gold Interest Coverage Chart

LKA Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

LKA Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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

LKAI vs IMII, GLNS, GRMC: Interest Coverage Comparison

For the Gold subindustry, LKA Gold'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.


LKA Gold Interest Coverage vs Metals & Mining Industry

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

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


LKAI
12GF Score
LKA Gold Inc LKAI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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LKA Gold 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.

LKA Gold's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, LKA Gold's Interest Expense was $-0.70 Mil. Its Operating Income was $-0.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.08 Mil.

LKA Gold did not have earnings to cover the interest expense.

LKA Gold's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, LKA Gold's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.08 Mil.

LKA Gold 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?
LKA Gold (LKAI) has a Interest Coverage of 0 (At Loss) as of Sep. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on LKA Gold and its competitors.
Is LKA Gold's Interest Coverage too high?
LKA Gold's current Interest Coverage is 0 (At Loss). Overall, LKA Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LKA Gold's Interest Coverage compare to IMII and GLNS?
LKA Gold's Interest Coverage of 0 (At Loss) can be compared against companies in the Metals & Mining industry. The industry median Interest Coverage is 10,000.00. 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 1,318 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 LKA Gold 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. LKA Gold'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 LKA Gold stock overvalued right now?
LKA Gold (LKAI) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). LKA Gold's overall GF Score™ is 12/100. 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 LKA Gold (LKAI), the current Interest Coverage is 0 (At Loss) as of Sep. 2019. 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.

LKA Gold Business Description

Address 3724 47th Street Ct. N.W., Gig Harbor, WA, USA, 98335
LKA Gold Inc is a gold mining and exploration company located in Gig Harbor, WA. The company's primary asset is a high-grade gold-producing property known as the Golden Wonder mine located in Colorado.
12GF 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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