Altius Minerals (TSX:ALS) Interest Coverage: 5.46 (As of Mar. 2026) — 63% Above Median


TSX:ALS Altius Minerals Corp TSX:ALS
70 GF Score
Price C$58.16
GF Value C$30.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Altius Minerals Interest Coverage?

Altius Minerals TSX:ALS -2.19% 70 Interest Coverage is 5.46 as of Mar. 2026, which is 63% above its 10-year median of 3.36. GuruFocus rates TSX:ALS with a GF Score™ of 70/100 and a GF Value™ of C$30.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,319 Metals & Mining companies, Altius Minerals ranks worse than 91.13% 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. Altius Minerals's Operating Income for the three months ended in Mar. 2026 was C$7.50 Mil. Altius Minerals's Interest Expense for the three months ended in Mar. 2026 was C$-1.37 Mil. Altius Minerals's interest coverage for the quarter that ended in Mar. 2026 was 5.46. The higher the ratio, the stronger the company's financial strength is.

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

TSX:ALS' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 3.36   Max: 8.23
Current: 3.95


TSX:ALS's Interest Coverage is ranked worse than
91.13% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs TSX:ALS: 3.95

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Altius Minerals  (TSX:ALS) 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 .


Altius Minerals Interest Coverage Related Terms


Altius Minerals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Altius 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.

Altius Minerals Interest Coverage Chart

Altius Minerals Annual Data
Trend Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 8.23 3.36 3.02 3.36

Altius Minerals 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 2.89 1.54 4.97 4.74 5.46

Altius Minerals Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Altius 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.


Altius Minerals Interest Coverage vs Metals & Mining Industry

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

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


TSX:ALS
70GF Score
Altius Minerals Corp TSX:ALS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altius 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.

Altius Minerals'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, Altius Minerals's Interest Expense was C$-7.17 Mil. Its Operating Income was C$24.06 Mil. And its Long-Term Debt & Capital Lease Obligation was C$80.41 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*24.059/-7.169
=3.36

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

Here, for the three months ended in Mar. 2026, Altius Minerals's Interest Expense was C$-1.37 Mil. Its Operating Income was C$7.50 Mil. And its Long-Term Debt & Capital Lease Obligation was C$79.29 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7.503/-1.373
=5.46

* 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 5.46 mean?
Altius Minerals (TSX:ALS) has a Interest Coverage of 5.46 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Altius Minerals and its competitors. This is 63% above median its historical median of 3.36. Over the past decade, Altius Minerals' Interest Coverage has ranged from 0.23 to 8.23. According to the industry distribution chart, Altius Minerals ranks #1202 out of 1319 companies in the Metals & Mining industry, placing it in the top 91.1%.
Is Altius Minerals' Interest Coverage too high?
Altius Minerals' current Interest Coverage of 5.46 is 63% above median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 8.23. The Metals & Mining industry median Interest Coverage is 10,000.00. Altius Minerals' value of 5.46 is 99.9% below this industry median. Based on the distribution chart, Altius Minerals ranks #1202 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Altius Minerals has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altius Minerals' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Altius Minerals ranks #1202 out of 1319 companies for Interest Coverage. This places Altius Minerals in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Altius Minerals' value of 5.46 is 99.9% below this benchmark. Historically, Altius Minerals' own Interest Coverage has ranged from 0.23 to 8.23 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 10,000.00, Altius Minerals 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. Altius Minerals's current Interest Coverage of 5.46 is 99.9% 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 Altius Minerals 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. Altius Minerals's current Interest Coverage is 5.46, which is 63% above median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altius Minerals stock overvalued right now?
Based on GuruFocus' analysis, Altius Minerals (TSX:ALS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$30.67, compared to a current price of C$58.16 — trading 89.6% above its estimated fair value. The current Interest Coverage is 5.46, which is 63% above median its 10-year median of 3.36 and 99.9% below the Metals & Mining industry median of 10,000.00. Altius Minerals' overall GF Score™ is 70/100 with 7 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 Altius Minerals (TSX:ALS), the current Interest Coverage is 5.46 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 Altius Minerals (TSX:ALS) Overvalued in 2026?

Based on GuruFocus' analysis, Altius Minerals stock appears to be overvalued. The current stock price of C$58.16 is trading 89.6% above its estimated GF Value™ of C$30.67. GuruFocus considers Altius Minerals to be Significantly Overvalued.

Key valuation signals for TSX:ALS:

  • Interest Coverage: 5.46 (63% above median its 10-year median of 3.36)
  • GF Value™: C$30.67 vs. price of C$58.16 (89.6% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 99.9% below the Metals & Mining median (#1202 of 1319)

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


Altius Minerals Business Description

Other Exchanges ATUSF:USA0UHC:UKVTM:Germany
Address 38 Duffy Place, 2nd Floor, St. John\'s, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation. It generates the majority of its revenue from Mineral Royalties.
70GF Score

Get the complete analysis for TSX:ALS

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

C$58.16
Price
C$30.67
GF Value