MGUFF (Magnum Mining and Exploration) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


What is Magnum Mining and Exploration Interest Coverage?

Magnum Mining and Exploration MGUFF Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 3 warning signs investors should review. Among 1,319 Metals & Mining companies, Magnum Mining and Exploration ranks better than 99.39% 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. Magnum Mining and Exploration's Operating Income for the six months ended in Dec. 2025 was $-5.57 Mil. Magnum Mining and Exploration's Interest Expense for the six months ended in Dec. 2025 was $0.00 Mil. Magnum Mining and Exploration has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Magnum Mining and Exploration Ltd 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 Magnum Mining and Exploration's Interest Coverage or its related term are showing as below:

MGUFF' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

MGUFF's Interest Coverage is ranked better than
99.39% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs MGUFF: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Magnum Mining and Exploration  (OTCPK:MGUFF) 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 .

Magnum Mining and Exploration Interest Coverage Related Terms

Magnum Mining and Exploration Interest Coverage Historical Data

* Premium members only.

The historical data trend for Magnum Mining and Exploration'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.

Magnum Mining and Exploration Interest Coverage Chart

Magnum Mining and Exploration 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 No Debt

Magnum Mining and Exploration Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 No Debt No Debt

Magnum Mining and Exploration Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Magnum Mining and Exploration'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.

Magnum Mining and Exploration Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Magnum Mining and Exploration's Interest Coverage falls into.


Magnum Mining and Exploration 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.

Magnum Mining and Exploration'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, Magnum Mining and Exploration's Interest Expense was $0.00 Mil. Its Operating Income was $-6.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Magnum Mining and Exploration had no debt (1).

Magnum Mining and Exploration's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Magnum Mining and Exploration's Interest Expense was $0.00 Mil. Its Operating Income was $-5.57 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Magnum Mining and Exploration had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Magnum Mining and Exploration (MGUFF) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Magnum Mining and Exploration and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Magnum Mining and Exploration's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Magnum Mining and Exploration ranks #8 out of 1319 companies in the Metals & Mining industry, placing it in the top 0.59999999999999%.
Is Magnum Mining and Exploration's Interest Coverage too high?
Magnum Mining and Exploration'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, Magnum Mining and Exploration ranks #8 out of 1319 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Magnum Mining and Exploration's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Magnum Mining and Exploration ranks #8 out of 1319 companies for Interest Coverage. This places Magnum Mining and Exploration in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Magnum Mining and Exploration'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 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 Magnum Mining and Exploration 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. Magnum Mining and Exploration'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 Magnum Mining and Exploration stock overvalued right now?
Magnum Mining and Exploration (MGUFF) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Magnum Mining and Exploration (MGUFF), the current Interest Coverage is No Debt (1) as of Dec. 2025. 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.

Magnum Mining and Exploration Business Description

Other Exchanges MGU:Australia
Address 180 Albert Road, Level 1, South Melbourne, Melbourne, VIC, AUS, 3205
Magnum Mining and Exploration Ltd is engaged in the exploration of natural resources. It is focused on the development of its Rare Earth Elements (REE) and Copper and Gold projects, which include the Parker Gold and La Cienega Projects in western Arizona and the Mormon Canyon Cu-Au-Ag Project in north eastern Idaho, USA. Additionally, the company holds interests in the Buena Vista Magnetite Project and is focused on the joint development of a novel combination of technologies to produce pulp, bio-chemicals, and green pig iron with another firm. Geographically, the company has its presence in Australia, the United States, and Brazil.