TROX (Tronox Holdings) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


TROX Tronox Holdings PLC TROX
61 GF Score
Price $6.69
GF Value $10.64
Valuation Possible Value Trap
! 8 Warning Signs
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What is Tronox Holdings Interest Coverage?

Tronox Holdings TROX -2.19% 61 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates TROX with a GF Score™ of 61/100 and a GF Value™ of $10.64 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,237 Chemicals companies, Tronox Holdings ranks worse than 80840.66% 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. Tronox Holdings's Operating Income for the three months ended in Mar. 2026 was $-27 Mil. Tronox Holdings's Interest Expense for the three months ended in Mar. 2026 was $-53 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 Tronox Holdings's Interest Coverage or its related term are showing as below:


TROX's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.21
* 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.


Tronox Holdings  (NYSE:TROX) 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 .


Tronox Holdings Interest Coverage Related Terms


Tronox Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tronox Holdings'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.

Tronox Holdings Interest Coverage Chart

Tronox Holdings 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 3.95 4.64 1.25 1.39 0.00

Tronox Holdings 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 0.60 0.16 0.00 0.00 0.00

TROX vs GPRE, REX, ASPI: Interest Coverage Comparison

For the Chemicals subindustry, Tronox Holdings'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.


Tronox Holdings Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tronox Holdings's Interest Coverage falls into.


TROX
61GF Score
Tronox Holdings PLC TROX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tronox Holdings 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.

Tronox Holdings'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, Tronox Holdings's Interest Expense was $-189 Mil. Its Operating Income was $-21 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,280 Mil.

Tronox Holdings did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Tronox Holdings's Interest Expense was $-53 Mil. Its Operating Income was $-27 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,270 Mil.

Tronox Holdings 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Tronox Holdings (TROX) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tronox Holdings and its competitors. According to the industry distribution chart, Tronox Holdings ranks #999999 out of 1237 companies in the Chemicals industry.
Is Tronox Holdings' Interest Coverage too high?
Tronox Holdings' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Tronox Holdings ranks #999999 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tronox Holdings has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tronox Holdings' Interest Coverage compare to GPRE and REX?
According to the Chemicals industry distribution chart, Tronox Holdings ranks #999999 out of 1237 companies for Interest Coverage. This places Tronox Holdings in the lower half of its industry. The industry median Interest Coverage is 10.21. 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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 Tronox Holdings and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tronox Holdings's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tronox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tronox Holdings (TROX) is currently considered Possible Value Trap. The stock's GF Value™ is $10.64, compared to a current price of $6.69 — trading 37.1% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Tronox Holdings' overall GF Score™ is 61/100 with 8 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 Tronox Holdings (TROX), the current Interest Coverage is 0 (At Loss) 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.

Is Tronox Holdings (TROX) Overvalued in 2026?

Based on GuruFocus' analysis, Tronox Holdings stock appears to be undervalued. The current stock price of $6.69 is trading 37.1% below its estimated GF Value™ of $10.64. GuruFocus considers Tronox Holdings to be Possible Value Trap.

Key valuation signals for TROX:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $10.64 vs. price of $6.69 (37.1% below fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the TROX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tronox Holdings Business Description

Other Exchanges T5X:Germany
Address 263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. Europe, the Middle East, and Africa regions contribute the majority of revenue.
61GF Score

Get the complete analysis for TROX

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

$6.69
Price
$10.64
GF Value