Majestic GoldTSXV:MJS Interest Coverage is 37.58 as of Mar. 2026, which is 3% above its 10-year median of 36.53. The stock has 5 warning signs investors should review. Among 1,319 Metals & Mining companies, Majestic Gold ranks worse than 71.19% 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. Majestic Gold's
Operating Income
for the
three
months ended in Mar. 2026 was C$17.8 Mil. Majestic Gold's Interest Expense for the
three
months ended in Mar. 2026 was C$-0.5 Mil.
Majestic Gold's interest coverage for the quarter that ended in Mar. 2026 was 37.58.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Majestic Gold's Interest Coverage or its related term are showing as below:
TSXV:MJS'
s Interest Coverage Range Over the Past 10 Years
Min: 7.66 Med: 36.53 Max: 107.32
Current: 28.29
TSXV:MJS's Interest Coverage is ranked worse than 71.19% of 1319
companies
in the Metals & Mining industry
Industry Median: No Debt
vs TSXV:MJS: 28.29
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 .
Majestic Gold Interest Coverage Related Terms
Majestic Gold Interest Coverage Historical Data
* Premium members only.
The historical data trend for Majestic 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.
For the Gold subindustry, Majestic 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.
Majestic Gold Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Majestic Gold'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.
Majestic Gold (TSXV:MJS) has a Interest Coverage of 37.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Majestic Gold and its competitors. This is near median its historical median of 36.53. Over the past decade, Majestic Gold's Interest Coverage has ranged from 7.66 to 107.32. According to the industry distribution chart, Majestic Gold ranks #939 out of 1319 companies in the Metals & Mining industry, placing it in the top 71.2%.
Is Majestic Gold's Interest Coverage too high?
Majestic Gold's current Interest Coverage of 37.58 is near median its 10-year median of 36.53. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 107.32. The Metals & Mining industry median Interest Coverage is 10,000.00. Majestic Gold's value of 37.58 is 99.6% below this industry median. Based on the distribution chart, Majestic Gold ranks #939 out of 1319 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Majestic Gold's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #939 out of 1319 companies for Interest Coverage. This places Majestic Gold in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Majestic Gold's value of 37.58 is 99.6% below this benchmark. Historically, Majestic Gold's own Interest Coverage has ranged from 7.66 to 107.32 over the past decade. While the company's 10-year median is 36.53 vs. the industry median of 10,000.00, Majestic Gold 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. Majestic Gold's current Interest Coverage of 37.58 is 99.6% 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 Majestic Gold 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. Majestic Gold's current Interest Coverage is 37.58, which is near median its own 10-year median of 36.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 23.1% below its estimated fair value. The current Interest Coverage is 37.58, which is near median its 10-year median of 36.53 and 99.6% below the Metals & Mining industry median of 10,000.00. 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 Majestic Gold (TSXV:MJS), the current Interest Coverage is 37.58 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.
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
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