SMREF (Sun Summit Minerals) Interest Coverage: No Debt (1) (As of Feb. 2026) — 100% Below Median


SMREF Sun Summit Minerals Corp SMREF
34 GF Score
Price $0.08
! 3 Warning Signs
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What is Sun Summit Minerals Interest Coverage?

Sun Summit Minerals SMREF -12.84% 34 Interest Coverage is No Debt (1) as of Feb. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates SMREF with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 1,318 Metals & Mining companies, Sun Summit Minerals 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. Sun Summit Minerals's Operating Income for the three months ended in Feb. 2026 was $-1.45 Mil. Sun Summit Minerals's Interest Expense for the three months ended in Feb. 2026 was $0.00 Mil. Sun Summit Minerals has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Sun Summit Minerals 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 Sun Summit Minerals's Interest Coverage or its related term are showing as below:

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


SMREF's Interest Coverage is ranked better than
99.39% of 1318 companies
in the Metals & Mining industry
Industry Median: No Debt vs SMREF: 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.


Sun Summit Minerals  (OTCPK:SMREF) 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 .


Sun Summit Minerals Interest Coverage Related Terms


Sun Summit Minerals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sun Summit Minerals'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.

Sun Summit Minerals Interest Coverage Chart

Sun Summit Minerals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Sun Summit Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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

Sun Summit Minerals Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sun Summit Minerals'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.


Sun Summit Minerals Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Sun Summit Minerals's Interest Coverage falls into.


SMREF
34GF Score
Sun Summit Minerals Corp SMREF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Summit Minerals 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.

Sun Summit Minerals's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, Sun Summit Minerals's Interest Expense was $0.00 Mil. Its Operating Income was $-7.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sun Summit Minerals had no debt (1).

Sun Summit Minerals's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Sun Summit Minerals's Interest Expense was $0.00 Mil. Its Operating Income was $-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sun Summit Minerals 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?
Sun Summit Minerals (SMREF) has a Interest Coverage of No Debt (1) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sun Summit Minerals and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Sun Summit Minerals' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Sun Summit Minerals ranks #8 out of 1318 companies in the Metals & Mining industry, placing it in the top 0.59999999999999%.
Is Sun Summit Minerals' Interest Coverage too high?
Sun Summit Minerals' 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, Sun Summit Minerals ranks #8 out of 1318 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Sun Summit Minerals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Sun Summit Minerals' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Sun Summit Minerals ranks #8 out of 1318 companies for Interest Coverage. This places Sun Summit Minerals in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Sun Summit Minerals' 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 1,318 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 Sun Summit Minerals 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. Sun Summit Minerals'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 Sun Summit Minerals stock overvalued right now?
Sun Summit Minerals (SMREF) 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. Sun Summit Minerals' overall GF Score™ is 34/100 with 3 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 Sun Summit Minerals (SMREF), the current Interest Coverage is No Debt (1) as of Feb. 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.

Sun Summit Minerals Business Description

Other Exchanges 7YQ:GermanySMN:Canada
Address 1100 - 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Sun Summit Minerals Corp is engaged in the acquisition and exploration of precious metal properties in British Columbia, Canada. The Company's project includes JD Project, Theory Project, Toodoggone Project and Buck Project.
34GF Score

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

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