GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sanu Gold Corp (OTCPK:SNGCF) » Definitions » Interest Coverage

SNGCF (Sanu Gold) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Sanu Gold Interest Coverage?

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. Sanu Gold's Operating Income for the three months ended in Mar. 2025 was $-0.58 Mil. Sanu Gold's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. Sanu Gold has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Sanu Gold's Interest Coverage or its related term are showing as below:


SNGCF'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.


Sanu Gold Interest Coverage Historical Data

The historical data trend for Sanu Gold'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.

* Premium members only.

Sanu Gold Interest Coverage Chart

Sanu Gold Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Coverage
No Debt No Debt No Debt -

Sanu Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt No Debt - No Debt No Debt

Competitive Comparison of Sanu Gold's Interest Coverage

For the Gold subindustry, Sanu Gold'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.


Sanu Gold's Interest Coverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sanu Gold's Interest Coverage falls into.


;
;

Sanu Gold 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.

Sanu Gold's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Sanu Gold's Interest Expense was $-0.00 Mil. Its Operating Income was $-1.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sanu Gold did not have earnings to cover the interest expense.

Sanu Gold's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Sanu Gold's Interest Expense was $0.00 Mil. Its Operating Income was $-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sanu Gold 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.


Sanu Gold  (OTCPK:SNGCF) 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 .


Sanu Gold Interest Coverage Related Terms

Thank you for viewing the detailed overview of Sanu Gold's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanu Gold Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3
Sanu Gold Corp is a mining, exploration, and development company that has interests in three drill-ready gold exploration projects in Guinea, West Africa's Siguiri Basin. The Corporation's primary project is the Banta Baye Property, The other projects are known as the Diguifara project, Bantabaye project and the Daina project.