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Boundary Gold and Copper Mining (TSXV:BDGC.H) Interest Coverage : 0 (At Loss) (As of Feb. 2025)


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What is Boundary Gold and Copper Mining 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. Boundary Gold and Copper Mining's Operating Income for the three months ended in Feb. 2025 was C$-0.02 Mil. Boundary Gold and Copper Mining's Interest Expense for the three months ended in Feb. 2025 was C$-0.01 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 Boundary Gold and Copper Mining's Interest Coverage or its related term are showing as below:


TSXV:BDGC.H'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.


Boundary Gold and Copper Mining Interest Coverage Historical Data

The historical data trend for Boundary Gold and Copper Mining'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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Boundary Gold and Copper Mining Interest Coverage Chart

Boundary Gold and Copper Mining Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Interest Coverage
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Boundary Gold and Copper Mining Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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Competitive Comparison of Boundary Gold and Copper Mining's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Boundary Gold and Copper Mining'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.


Boundary Gold and Copper Mining's Interest Coverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Boundary Gold and Copper Mining's Interest Coverage falls into.


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Boundary Gold and Copper Mining 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.

Boundary Gold and Copper Mining's Interest Coverage for the fiscal year that ended in Aug. 2024 is calculated as

Here, for the fiscal year that ended in Aug. 2024, Boundary Gold and Copper Mining's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Boundary Gold and Copper Mining did not have earnings to cover the interest expense.

Boundary Gold and Copper Mining's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, Boundary Gold and Copper Mining's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Boundary Gold and Copper Mining 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.


Boundary Gold and Copper Mining  (TSXV:BDGC.H) 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 .


Boundary Gold and Copper Mining Interest Coverage Related Terms

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Boundary Gold and Copper Mining Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Boundary Gold and Copper Mining Ltd is a resource exploration company. It is engaged in the business activity of acquiring and exploring resource properties in Canada. The organization is focused on the Kena and Daylight Gold project which is in the Nelson area of British Columbia, Canada. The company operates in Canada and Mexico.

Boundary Gold and Copper Mining Headlines

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