Mega UraniumMGAFF -0.83%30 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates MGAFF with a GF Score™ of 30/100. Among 112 Other Energy Sources companies, Mega Uranium ranks worse than 892856.25% 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. Mega Uranium's
Operating Income
for the
three
months ended in Mar. 2026 was $-0.74 Mil. Mega Uranium's Interest Expense for the
three
months ended in Mar. 2026 was $-0.20 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 Mega Uranium's Interest Coverage or its related term are showing as below:
MGAFF's Interest Coverage is not ranked *
in the Other Energy Sources industry.
Industry Median: 10.27 * Ranked among companies with meaningful Interest Coverage only.
Mega Uranium (OTCPK:MGAFF) 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 .
Mega Uranium Interest Coverage Related Terms
Mega Uranium Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mega Uranium'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 Uranium subindustry, Mega Uranium'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.
Mega Uranium Interest Coverage vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Mega Uranium's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mega Uranium'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:
Mega Uranium 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?
Mega Uranium (MGAFF) 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 Mega Uranium and its competitors. According to the industry distribution chart, Mega Uranium ranks #999999 out of 112 companies in the Other Energy Sources industry.
Is Mega Uranium's Interest Coverage too high?
Mega Uranium's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Mega Uranium ranks #999999 out of 112 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Mega Uranium has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mega Uranium's Interest Coverage compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Mega Uranium ranks #999999 out of 112 companies for Interest Coverage. This places Mega Uranium in the lower half of its industry. The industry median Interest Coverage is 10.27. 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 Other Energy Sources company?
The median Interest Coverage among Other Energy Sources companies is 10.27, based on 112 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 Mega Uranium and its competitors. For the Other Energy Sources industry, the median Interest Coverage is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Uranium'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 Mega Uranium stock overvalued right now?
Mega Uranium (MGAFF) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Mega Uranium's overall GF Score™ is 30/100. 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 Mega Uranium (MGAFF), 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.
Mega Uranium Ltd is a Canada-based exploration-stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include the Maureen project. Geographically, it operates in Canada and Australia.
30GF Score
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