TRX GoldTRX +4.80%47 Interest Coverage is 118.59 as of Feb. 2026, which is 411% above its 10-year median of 23.19. GuruFocus rates TRX with a GF Score™ of 47/100 and a GF Value™ of $1.13 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,319 Metals & Mining companies, TRX Gold ranks worse than 75814.94% 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. TRX Gold's
Operating Income
for the
three
months ended in Feb. 2026 was $16.01 Mil. TRX Gold's Interest Expense for the
three
months ended in Feb. 2026 was $-0.14 Mil.
TRX Gold's interest coverage for the quarter that ended in Feb. 2026 was 118.59.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. TRX Gold Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for TRX Gold's Interest Coverage or its related term are showing as below:
TRX's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt * Ranked among companies with meaningful Interest Coverage only.
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 .
TRX Gold Interest Coverage Related Terms
TRX Gold Interest Coverage Historical Data
* Premium members only.
The historical data trend for TRX 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.
For the Gold subindustry, TRX 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.
TRX Gold Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Interest Coverage distribution charts can be found below:
* The bar in red indicates where TRX Gold's Interest Coverage falls into.
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:
* 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.
TRX Gold (TRX) has a Interest Coverage of 118.59 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TRX Gold and its competitors. This is 411% above median its historical median of 23.19. Over the past decade, TRX Gold's Interest Coverage has ranged from 0.96 to 3,732.00. According to the industry distribution chart, TRX Gold ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is TRX Gold's Interest Coverage too high?
TRX Gold's current Interest Coverage of 118.59 is 411% above median its 10-year median of 23.19. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3,732.00. The Metals & Mining industry median Interest Coverage is 10,000.00. TRX Gold's value of 118.59 is 98.8% below this industry median. Based on the distribution chart, TRX Gold ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, TRX Gold has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #999999 out of 1319 companies for Interest Coverage. This places TRX Gold in the lower half of its industry. The industry median Interest Coverage is 10,000.00. TRX Gold's value of 118.59 is 98.8% below this benchmark. Historically, TRX Gold's own Interest Coverage has ranged from 0.96 to 3,732.00 over the past decade. While the company's 10-year median is 23.19 vs. the industry median of 10,000.00, TRX Gold has consistently been below the industry average. 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 1,319 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. TRX Gold's current Interest Coverage of 118.59 is 98.8% below the industry median. 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 TRX Gold 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. TRX Gold's current Interest Coverage is 118.59, which is 411% above median its own 10-year median of 23.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.13, compared to a current price of $0.86 — trading 23.9% below its estimated fair value. The current Interest Coverage is 118.59, which is 411% above median its 10-year median of 23.19 and 98.8% below the Metals & Mining industry median of 10,000.00. TRX Gold's overall GF Score™ is 47/100 with 1 warning sign 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 TRX Gold (TRX), the current Interest Coverage is 118.59 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.
Is TRX Gold (TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of $0.86 is trading 23.9% below its estimated GF Value™ of $1.13.
GuruFocus considers TRX Gold to be Modestly Undervalued.
Key valuation signals for TRX:
Interest Coverage: 118.59 (411% above median its 10-year median of 23.19)
GF Value™: $1.13 vs. price of $0.86 (23.9% below fair value)
Industry Position: 98.8% below the Metals & Mining median (#999999 of 1319)
No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
47GF Score
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