SRCGF (Homeland Nickel) Interest Coverage: No Debt (1) (As of Jan. 2026) — 100% Below Median


SRCGF Homeland Nickel Inc SRCGF
25 GF Score
Price $0.29
! 2 Warning Signs
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What is Homeland Nickel Interest Coverage?

Homeland Nickel SRCGF -8.52% 25 Interest Coverage is No Debt (1) as of Jan. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates SRCGF with a GF Scoreâ„¢ of 25/100. The stock has 2 warning signs investors should review. Among 1,317 Metals & Mining companies, Homeland Nickel 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. Homeland Nickel's Operating Income for the three months ended in Jan. 2026 was $-0.47 Mil. Homeland Nickel's Interest Expense for the three months ended in Jan. 2026 was $0.00 Mil. Homeland Nickel has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Homeland Nickel Inc 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 Homeland Nickel's Interest Coverage or its related term are showing as below:

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


SRCGF's Interest Coverage is ranked better than
99.39% of 1317 companies
in the Metals & Mining industry
Industry Median: No Debt vs SRCGF: 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.


Homeland Nickel  (OTCPK:SRCGF) 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 .


Homeland Nickel Interest Coverage Related Terms


Homeland Nickel Interest Coverage Historical Data

* Premium members only.

The historical data trend for Homeland Nickel'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.

Homeland Nickel Interest Coverage Chart

Homeland Nickel Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Homeland Nickel Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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

Homeland Nickel Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Homeland Nickel'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.


Homeland Nickel Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Homeland Nickel's Interest Coverage falls into.


SRCGF
25GF Score
Homeland Nickel Inc SRCGF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Homeland Nickel 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.

Homeland Nickel's Interest Coverage for the fiscal year that ended in Apr. 2025 is calculated as

Here, for the fiscal year that ended in Apr. 2025, Homeland Nickel's Interest Expense was $0.00 Mil. Its Operating Income was $-1.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Homeland Nickel had no debt (1).

Homeland Nickel's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the three months ended in Jan. 2026, Homeland Nickel's Interest Expense was $0.00 Mil. Its Operating Income was $-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Homeland Nickel 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?
Homeland Nickel (SRCGF) has a Interest Coverage of No Debt (1) as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Homeland Nickel and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Homeland Nickel's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Homeland Nickel ranks #8 out of 1317 companies in the Metals & Mining industry, placing it in the top 0.59999999999999%.
Is Homeland Nickel's Interest Coverage too high?
Homeland Nickel'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, Homeland Nickel ranks #8 out of 1317 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Homeland Nickel has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Homeland Nickel's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Homeland Nickel ranks #8 out of 1317 companies for Interest Coverage. This places Homeland Nickel in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Homeland Nickel'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 1,317 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 Homeland Nickel 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. Homeland Nickel'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 Homeland Nickel stock overvalued right now?
Homeland Nickel (SRCGF) 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. Homeland Nickel's overall GF Score™ is 25/100 with 2 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 Homeland Nickel (SRCGF), the current Interest Coverage is No Debt (1) as of Jan. 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.

Homeland Nickel Business Description

Other Exchanges QP6:GermanySHL:Canada
Address 110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Homeland Nickel Inc is a Canadian-based mineral exploration company focused on critical metal resources with nickel projects in Oregon, United States, and copper projects in Newfoundland, Canada. Its projects are Cleopatra, Red Flat, Eight Dollar Mountain, Shamrock, and Benton option.
25GF 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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