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Blue Star Gold (TSXV:BAU) Interest Coverage : 0 (At Loss) (As of Feb. 2025)


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What is Blue Star Gold 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. Blue Star Gold's Operating Income for the three months ended in Feb. 2025 was C$-0.66 Mil. Blue Star Gold's Interest Expense for the three months ended in Feb. 2025 was C$-0.10 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 Blue Star Gold's Interest Coverage or its related term are showing as below:


TSXV:BAU'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.


Blue Star Gold Interest Coverage Historical Data

The historical data trend for Blue Star 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.

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Blue Star Gold Interest Coverage Chart

Blue Star Gold Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Interest Coverage
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Blue Star Gold Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25
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Competitive Comparison of Blue Star Gold's Interest Coverage

For the Gold subindustry, Blue Star 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.


Blue Star Gold's Interest Coverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Blue Star Gold's Interest Coverage falls into.


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Blue Star Gold 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.

Blue Star Gold's Interest Coverage for the fiscal year that ended in Nov. 2024 is calculated as

Here, for the fiscal year that ended in Nov. 2024, Blue Star Gold's Interest Expense was C$-0.37 Mil. Its Operating Income was C$-7.77 Mil. And its Long-Term Debt & Capital Lease Obligation was C$1.92 Mil.

Blue Star Gold did not have earnings to cover the interest expense.

Blue Star Gold's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, Blue Star Gold's Interest Expense was C$-0.10 Mil. Its Operating Income was C$-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation was C$1.99 Mil.

Blue Star Gold 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.


Blue Star Gold  (TSXV:BAU) 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 .


Blue Star Gold Interest Coverage Related Terms

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


Blue Star Gold Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 507, Vancouver, BC, CAN, V6C 1G8
Blue Star Gold Corp is a Vancouver-based gold company focused on the acquisition, exploration and developing of mineral projects in Canada. The company's project portfolio includes Nunavut, the Ulu gold project, and the Roma project. The company is focused on growing existing mineral resources at Ulu Property. The Hood River Property is the company's exploration stage and least explored property. The Hood River Property together with Ulu affords substantial exploration potential on confirmed known gold occurrences.
Executives
Kenneth R. Yurichuk Director
Darren Lindsay Senior Officer
Klaus Georg Schmid Director
Grant David Ewing Senior Officer
Peter Martin Kuhn Senior Officer

Blue Star Gold Headlines

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