Mkango ResourcesLSE:MKA -5.75%31 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates LSE:MKA with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 1,319 Metals & Mining companies, Mkango Resources ranks worse than 75814.94% 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. Mkango Resources's
Operating Income
for the
three
months ended in Mar. 2026 was £-1.79 Mil. Mkango Resources's Interest Expense for the
three
months ended in Mar. 2026 was £-0.09 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 Mkango Resources's Interest Coverage or its related term are showing as below:
LSE:MKA's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt * Ranked among companies with meaningful Interest Coverage only.
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 .
Mkango Resources Interest Coverage Related Terms
Mkango Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mkango 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.
For the Other Industrial Metals & Mining subindustry, Mkango 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.
Mkango Resources Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mkango Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mkango Resources's Interest Coverage falls into.
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:
Mkango 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.
What does a Interest Coverage of 0 (At Loss) mean?
Mkango Resources (LSE:MKA) 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 Mkango Resources and its competitors. According to the industry distribution chart, Mkango Resources ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Mkango Resources' Interest Coverage too high?
Mkango Resources' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Mkango Resources ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mkango Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Mkango Resources ranks #999999 out of 1319 companies for Interest Coverage. This places Mkango Resources in the lower half of its 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 1,319 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 Mkango 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. Mkango 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 Mkango Resources stock overvalued right now?
Mkango Resources (LSE:MKA) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Mkango Resources' overall GF Score™ is 31/100 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 Mkango Resources (LSE:MKA), 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.
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
31GF Score
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