Quinto Resources (TSXV:QIT.H) Interest Coverage: 0 (At Loss) (As of Jan. 2026)

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What is Quinto Resources Interest Coverage?

Quinto Resources TSXV:QIT.H Interest Coverage is 0 (At Loss) as of Jan. 2026.

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. Quinto Resources's Operating Income for the three months ended in Jan. 2026 was C$-0.04 Mil. Quinto Resources's Interest Expense for the three months ended in Jan. 2026 was C$-0.02 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 Quinto Resources's Interest Coverage or its related term are showing as below:


TSXV:QIT.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.


Quinto Resources  (TSXV:QIT.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 .


Quinto Resources Interest Coverage Related Terms


Quinto Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Quinto 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.

Quinto Resources Interest Coverage Chart

Quinto Resources Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan24 Jan25 Jan26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.00 0.00

Quinto Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan24 Jan25 Oct25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt 0.00 No Debt 0.00

TSXV:QIT.H vs NEM: Interest Coverage Comparison

For the Gold subindustry, Quinto 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.


Quinto Resources Interest Coverage vs Metals & Mining Industry

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

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



Quinto 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.

Quinto Resources's Interest Coverage for the fiscal year that ended in Jan. 2026 is calculated as

Here, for the fiscal year that ended in Jan. 2026, Quinto Resources's Interest Expense was C$-0.02 Mil. Its Operating Income was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Quinto Resources did not have earnings to cover the interest expense.

Quinto Resources's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the three months ended in Jan. 2026, Quinto Resources's Interest Expense was C$-0.02 Mil. Its Operating Income was C$-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Quinto 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?
Quinto Resources (TSXV:QIT.H) has a Interest Coverage of 0 (At Loss) as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Quinto Resources and its competitors.
Is Quinto Resources' Interest Coverage too high?
Quinto Resources' current Interest Coverage is 0 (At Loss).
How does Quinto Resources' Interest Coverage compare to NEM?
Quinto Resources' Interest Coverage of 0 (At Loss) can be compared against companies in the Metals & Mining 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 1,319 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. 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 Quinto 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. Quinto 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 Quinto Resources stock overvalued right now?
Quinto Resources (TSXV:QIT.H) 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 Quinto Resources (TSXV:QIT.H), the current Interest Coverage is 0 (At Loss) as of Jan. 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.

Quinto Resources Business Description

Address 1, Place Ville Marie, Bureau 4000, Montreal, QC, CAN, H3B 4M4
Quinto Resources Inc operate in a single segment acquisition, exploration, evaluation and development of mining properties.