North Shore Uranium (TSXV:NSU) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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TSXV:NSU North Shore Uranium Ltd TSXV:NSU
15 GF Score
Price C$0.23
! 1 Warning Sign
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What is North Shore Uranium Interest Coverage?

North Shore Uranium TSXV:NSU +2.22% 15 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSXV:NSU with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 112 Other Energy Sources companies, North Shore Uranium ranks better than 99.11% 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. North Shore Uranium's Operating Income for the three months ended in Mar. 2026 was C$-0.52 Mil. North Shore Uranium's Interest Expense for the three months ended in Mar. 2026 was C$0.00 Mil. North Shore Uranium has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

North Shore Uranium Ltd has no debt.

(1) 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.

The historical rank and industry rank for North Shore Uranium's Interest Coverage or its related term are showing as below:

TSXV:NSU' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSXV:NSU's Interest Coverage is ranked better than
99.11% of 112 companies
in the Other Energy Sources industry
Industry Median: 10.27 vs TSXV:NSU: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


North Shore Uranium  (TSXV:NSU) 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 .


North Shore Uranium Interest Coverage Related Terms


North Shore Uranium Interest Coverage Historical Data

* Premium members only.

The historical data trend for North Shore Uranium'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.

North Shore Uranium Interest Coverage Chart

North Shore Uranium Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
No Debt No Debt 0.00 No Debt No Debt

North Shore Uranium Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

TSXV:NSU vs UEC, LEU: Interest Coverage Comparison

For the Uranium subindustry, North Shore Uranium'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.


North Shore Uranium Interest Coverage vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, North Shore Uranium's Interest Coverage distribution charts can be found below:

* The bar in red indicates where North Shore Uranium's Interest Coverage falls into.


TSXV:NSU
15GF Score
North Shore Uranium Ltd TSXV:NSU
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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North Shore Uranium 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.

North Shore Uranium'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, North Shore Uranium's Interest Expense was C$0.00 Mil. Its Operating Income was C$-1.40 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

North Shore Uranium had no debt (1).

North Shore Uranium's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, North Shore Uranium's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

North Shore Uranium had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
North Shore Uranium (TSXV:NSU) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on North Shore Uranium and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, North Shore Uranium's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, North Shore Uranium ranks #1 out of 112 companies in the Other Energy Sources industry, placing it in the top 0.90000000000001%.
Is North Shore Uranium's Interest Coverage too high?
North Shore Uranium's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, North Shore Uranium ranks #1 out of 112 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, North Shore Uranium has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does North Shore Uranium's Interest Coverage compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, North Shore Uranium ranks #1 out of 112 companies for Interest Coverage. This places North Shore Uranium in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.27. Historically, North Shore Uranium's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 an Other Energy Sources company?
The median Interest Coverage among Other Energy Sources companies is 10.27, based on 112 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 North Shore Uranium and its competitors. For the Other Energy Sources industry, the median Interest Coverage is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Shore Uranium's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Shore Uranium stock overvalued right now?
North Shore Uranium (TSXV:NSU) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. North Shore Uranium's overall GF Score™ is 15/100 with 1 warning sign 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 North Shore Uranium (TSXV:NSU), the current Interest Coverage is No Debt (1) 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.

North Shore Uranium Business Description

Address 15782 Marine Drive, Unit 1, White Rock, BC, CAN, V4B 1E6
North Shore Uranium Ltd is a mineral exploration company, and is engaged in the exploration and, if warranted, development of uranium properties. The company's objective is to conduct exploration programs on its three properties, the Falcon Property and the West Bear Property, the Rio Puerco uranium property, New Mexico, USA, and evaluate opportunities to increase its portfolio of properties in the region. The Company operates in a single segment, being mineral exploration and evaluation.
15GF Score

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