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Troy Minerals (STU:VJ3) Interest Coverage : 0 (At Loss) (As of Nov. 2024)


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What is Troy Minerals 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. Troy Minerals's Operating Income for the three months ended in Nov. 2024 was €-0.31 Mil. Troy Minerals's Interest Expense for the three months ended in Nov. 2024 was €-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Troy Minerals's Interest Coverage or its related term are showing as below:


STU:VJ3'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.


Troy Minerals Interest Coverage Historical Data

The historical data trend for Troy 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.

* Premium members only.

Troy Minerals Interest Coverage Chart

Troy Minerals Annual Data
Trend May22 May23 May24
Interest Coverage
No Debt No Debt -

Troy Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 - - - No Debt -

Competitive Comparison of Troy Minerals's Interest Coverage

For the Gold subindustry, Troy 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.


Troy Minerals's Interest Coverage Distribution in the Metals & Mining Industry

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

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


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Troy 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.

Troy Minerals's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, Troy Minerals's Interest Expense was €-0.00 Mil. Its Operating Income was €-1.57 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Troy Minerals did not have earnings to cover the interest expense.

Troy Minerals's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, Troy Minerals's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Troy Minerals did not have earnings to cover the interest expense.

* 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.


Troy Minerals  (STU:VJ3) 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 .


Troy Minerals Interest Coverage Related Terms

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


Troy Minerals Business Description

Traded in Other Exchanges
Address
c/o 750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Troy Minerals Inc is a mining exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties located in British Columbia, Canada. The company holds interest in the Green Gold Property located near Prince George, British Columbia. The projects of the company include Table Mountain, Tsagaan Zalaa, Lake Owen, and others.

Troy Minerals Headlines

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