Versamet RoyaltiesTSX:VMET +8.44%16 Interest Coverage is 4.90 as of Mar. 2026, which is 921% above its 10-year median of 0.48. GuruFocus rates TSX:VMET with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,317 Metals & Mining companies, Versamet Royalties ranks worse than 97.65% 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. Versamet Royalties's
Operating Income
for the
three
months ended in Mar. 2026 was C$14.31 Mil. Versamet Royalties's Interest Expense for the
three
months ended in Mar. 2026 was C$-2.92 Mil.
Versamet Royalties's interest coverage for the quarter that ended in Mar. 2026 was 4.90.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Versamet Royalties's Interest Coverage or its related term are showing as below:
TSX:VMET'
s Interest Coverage Range Over the Past 10 Years
Min: 0.48 Med: 0.48 Max: 1.28
Current: 1.28
TSX:VMET's Interest Coverage is ranked worse than 97.65% of 1317
companies
in the Metals & Mining industry
Industry Median: No Debt
vs TSX:VMET: 1.28
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 .
Versamet Royalties Interest Coverage Related Terms
Versamet Royalties Interest Coverage Historical Data
* Premium members only.
The historical data trend for Versamet Royalties'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 Other Precious Metals & Mining subindustry, Versamet Royalties'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.
Versamet Royalties Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Versamet Royalties's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Versamet Royalties'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.
Versamet Royalties (TSX:VMET) has a Interest Coverage of 4.90 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Versamet Royalties and its competitors. This is 921% above median its historical median of 0.48. Over the past decade, Versamet Royalties' Interest Coverage has ranged from 0.48 to 1.28. According to the industry distribution chart, Versamet Royalties ranks #1286 out of 1317 companies in the Metals & Mining industry, placing it in the top 97.6%.
Is Versamet Royalties' Interest Coverage too high?
Versamet Royalties' current Interest Coverage of 4.90 is 921% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.28. The Metals & Mining industry median Interest Coverage is 10,000.00. Versamet Royalties' value of 4.90 is 100% below this industry median. Based on the distribution chart, Versamet Royalties ranks #1286 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Versamet Royalties has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Versamet Royalties' Interest Coverage compare to HL?
According to the Metals & Mining industry distribution chart, Versamet Royalties ranks #1286 out of 1317 companies for Interest Coverage. This places Versamet Royalties in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Versamet Royalties' value of 4.90 is 100% below this benchmark. Historically, Versamet Royalties' own Interest Coverage has ranged from 0.48 to 1.28 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 10,000.00, Versamet Royalties 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 1,317 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. Versamet Royalties's current Interest Coverage of 4.90 is 100% 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 Versamet Royalties 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. Versamet Royalties's current Interest Coverage is 4.90, which is 921% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Versamet Royalties stock overvalued right now?
Versamet Royalties (TSX:VMET) has a current Interest Coverage of 4.90. The current Interest Coverage is 4.90, which is 921% above median its 10-year median of 0.48 and 100% below the Metals & Mining industry median of 10,000.00. Versamet Royalties' overall GF Score™ is 16/100 with 5 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 Versamet Royalties (TSX:VMET), the current Interest Coverage is 4.90 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.
Versamet Royalties Corp is a diversified metals royalty and streaming company with exposure to a range of resource royalties and streams including gold, silver, copper, zinc, graphite and uranium, across a variety of jurisdictions. The Company's operating segments are considered to be its individual royalties, streams and the Greenstone gold interest.
16GF Score
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