Canadian Gold Resources (TSXV:CAN) Interest Coverage: 0 (At Loss) (As of Dec. 2025)

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What is Canadian Gold Resources Interest Coverage?

Canadian Gold Resources TSXV:CAN -9.09% Interest Coverage is 0 (At Loss) as of Dec. 2025. The stock has 2 warning signs investors should review. Among 1,325 Metals & Mining companies, Canadian Gold Resources ranks worse than 75471.62% 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. Canadian Gold Resources's Operating Income for the three months ended in Dec. 2025 was C$-0.44 Mil. Canadian Gold Resources's Interest Expense for the three months ended in Dec. 2025 was C$-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 Canadian Gold Resources's Interest Coverage or its related term are showing as below:


TSXV:CAN'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.


Canadian Gold Resources  (TSXV:CAN) 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 .


Canadian Gold Resources Interest Coverage Related Terms


Canadian Gold Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Canadian Gold Resources'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.

Canadian Gold Resources Interest Coverage Chart

Canadian Gold Resources Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
No Debt 0.00 0.00

Canadian Gold Resources Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSXV:CAN vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Canadian Gold Resources'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.


Canadian Gold Resources Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Canadian Gold Resources's Interest Coverage falls into.



Canadian Gold Resources 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.

Canadian Gold Resources'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, Canadian Gold Resources's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-1.64 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.04 Mil.

Canadian Gold Resources did not have earnings to cover the interest expense.

Canadian Gold Resources's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Canadian Gold Resources's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.04 Mil.

Canadian Gold Resources 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Canadian Gold Resources (TSXV:CAN) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Canadian Gold Resources and its competitors. According to the industry distribution chart, Canadian Gold Resources ranks #999999 out of 1325 companies in the Metals & Mining industry.
Is Canadian Gold Resources' Interest Coverage too high?
Canadian Gold Resources' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Canadian Gold Resources ranks #999999 out of 1325 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Canadian Gold Resources' Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Canadian Gold Resources ranks #999999 out of 1325 companies for Interest Coverage. This places Canadian Gold Resources in the lower half of its industry. The industry median Interest Coverage is 10,000.00. 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 1,325 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. 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 Canadian Gold Resources 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. Canadian Gold Resources's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Gold Resources stock overvalued right now?
Canadian Gold Resources (TSXV:CAN) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Canadian Gold Resources (TSXV:CAN), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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.

Canadian Gold Resources Business Description

Other Exchanges VQ6:Germany
Address 239 Du Trecarre, Varennes, QC, CAN, J3X 1Y8
Canadian Gold Resources Ltd is a Canadian exploration company focused on developing high-grade gold projects in the Gaspe Gold Belt of Quebec. The company targets under-explored, past-producing properties with growth potential, leveraging modern exploration techniques to unlock value. Its projects include Lac Arsenault is its Flagship Project, with a Bulk Sample Projected to Yield 4,000 oz of Gold; Robidoux with high-grade Gold potential with Confirmed Bulk Samples; and VG Boulder with high-grade surface samples and visible gold occurrences.