MNXXF (Manganese X Energy) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


MNXXF Manganese X Energy Corp MNXXF
23 GF Score
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What is Manganese X Energy Interest Coverage?

Manganese X Energy MNXXF +4.51% 23 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MNXXF with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,313 Metals & Mining companies, Manganese X Energy 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. Manganese X Energy's Operating Income for the three months ended in Dec. 2025 was $-0.33 Mil. Manganese X Energy's Interest Expense for the three months ended in Dec. 2025 was $0.00 Mil. Manganese X Energy has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Manganese X Energy 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 Manganese X Energy's Interest Coverage or its related term are showing as below:

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


MNXXF's Interest Coverage is ranked better than
99.39% of 1313 companies
in the Metals & Mining industry
Industry Median: No Debt vs MNXXF: 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.


Manganese X Energy  (OTCPK:MNXXF) 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 .


Manganese X Energy Interest Coverage Related Terms


Manganese X Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Manganese X Energy'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.

Manganese X Energy Interest Coverage Chart

Manganese X Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Manganese X Energy Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 No Debt No Debt No Debt No Debt No Debt

Manganese X Energy Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Manganese X Energy'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.


Manganese X Energy Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Manganese X Energy's Interest Coverage falls into.


MNXXF
23GF Score
Manganese X Energy Corp MNXXF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Manganese X Energy 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.

Manganese X Energy's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Manganese X Energy's Interest Expense was $0.00 Mil. Its Operating Income was $-1.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Manganese X Energy had no debt (1).

Manganese X Energy's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Manganese X Energy's Interest Expense was $0.00 Mil. Its Operating Income was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Manganese X Energy 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?
Manganese X Energy (MNXXF) 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 Manganese X Energy and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Manganese X Energy's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Manganese X Energy ranks #8 out of 1313 companies in the Metals & Mining industry, placing it in the top 0.59999999999999%.
Is Manganese X Energy's Interest Coverage too high?
Manganese X Energy'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, Manganese X Energy ranks #8 out of 1313 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Manganese X Energy has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Manganese X Energy's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Manganese X Energy ranks #8 out of 1313 companies for Interest Coverage. This places Manganese X Energy in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Manganese X Energy'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 1,313 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 Manganese X Energy 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. Manganese X Energy'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 Manganese X Energy stock overvalued right now?
Manganese X Energy (MNXXF) 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. Manganese X Energy's overall GF Score™ is 23/100 with 1 warning sign 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 Manganese X Energy (MNXXF), 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.

Manganese X Energy Business Description

Other Exchanges 9SC:GermanyMN:Canada
Address 145 Rue Graveline, Saint Laurent, QC, CAN, H4T 1R3
Manganese X Energy Corp is a Canada-based junior mineral exploration and development company. The company is engaged in acquiring and exploring mineral properties in North America. It is focused on supplying materials to lithium-ion batteries and other alternative energy industries. The company's project consists of Battery Hill, located in the Canadian province of New Brunswick. The company also holds various other properties such as the Peter Lake Copper-Nickel-Cobalt property, Iron Ore Hill Road property, and others. It operates in two reportable operating segments, the acquisition and exploration of mineral property interests in Canada and technology development related to battery technologies and HVAC systems to respond to air quality needs.
23GF Score

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