MXROF (MAX Resource) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


MXROF MAX Resource Corp MXROF
31 GF Score
Price $0.19
! 1 Warning Sign
View Full Analysis

What is MAX Resource Interest Coverage?

MAX Resource MXROF 31 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MXROF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,319 Metals & Mining companies, MAX Resource 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. MAX Resource's Operating Income for the three months ended in Mar. 2026 was $-0.71 Mil. MAX Resource's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. MAX Resource has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MAX Resource Corp has enough cash to cover all of its debt. Its financial situation is stable.

(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 MAX Resource's Interest Coverage or its related term are showing as below:


MXROF'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.


MAX Resource  (OTCPK:MXROF) 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 .


MAX Resource Interest Coverage Related Terms


MAX Resource Interest Coverage Historical Data

* Premium members only.

The historical data trend for MAX Resource'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.

MAX Resource Interest Coverage Chart

MAX Resource 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 No Debt N/A 0.00 N/A N/A

MAX Resource Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 N/A N/A N/A N/A No Debt

MXROF vs HL: Interest Coverage Comparison

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


MAX Resource Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where MAX Resource's Interest Coverage falls into.


MXROF
31GF Score
MAX Resource Corp MXROF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX Resource 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.

MAX Resource'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, MAX Resource's Interest Expense was $0.00 Mil. Its Operating Income was $-2.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

GuruFocus does not calculate MAX Resource's interest coverage with the available data.

MAX Resource's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, MAX Resource's Interest Expense was $0.00 Mil. Its Operating Income was $-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

MAX Resource 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?
MAX Resource (MXROF) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MAX Resource and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, MAX Resource's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, MAX Resource ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is MAX Resource's Interest Coverage too high?
MAX Resource'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, MAX Resource ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MAX Resource has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does MAX Resource's Interest Coverage compare to HL?
According to the Metals & Mining industry distribution chart, MAX Resource ranks #999999 out of 1319 companies for Interest Coverage. This places MAX Resource in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Historically, MAX Resource'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 MAX Resource 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. MAX Resource'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 MAX Resource stock overvalued right now?
MAX Resource (MXROF) 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. MAX Resource's overall GF Score™ is 31/100 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 MAX Resource (MXROF), the current Interest Coverage is No Debt (1) 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.

MAX Resource Business Description

Other Exchanges M1D:GermanyMAX:Canada
Address 1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties. The company has its geographical presence in Canada; Colombia; and Brazil.
31GF Score

Get the complete analysis for MXROF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.19
Price