Source Rock Royalties (TSXV:SRR) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


TSXV:SRR Source Rock Royalties Ltd TSXV:SRR
56 GF Score
Price C$0.98
GF Value C$0.68
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Source Rock Royalties Interest Coverage?

Source Rock Royalties TSXV:SRR +2.08% 56 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:SRR with a GF Score™ of 56/100 and a GF Value™ of C$0.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 730 Oil & Gas companies, Source Rock Royalties ranks better than 99.59% 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. Source Rock Royalties's Operating Income for the three months ended in Mar. 2026 was C$0.36 Mil. Source Rock Royalties's Interest Expense for the three months ended in Mar. 2026 was C$0.00 Mil. Source Rock Royalties has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Source Rock Royalties 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 Source Rock Royalties's Interest Coverage or its related term are showing as below:

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


TSXV:SRR's Interest Coverage is ranked better than
99.59% of 730 companies
in the Oil & Gas industry
Industry Median: 5.89 vs TSXV:SRR: 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.


Source Rock Royalties  (TSXV:SRR) 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 .


Source Rock Royalties Interest Coverage Related Terms


Source Rock Royalties Interest Coverage Historical Data

* Premium members only.

The historical data trend for Source Rock Royalties'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.

Source Rock Royalties Interest Coverage Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Source Rock Royalties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

TSXV:SRR vs WMB, EPD, KMI: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Rock Royalties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Source Rock Royalties's Interest Coverage falls into.


TSXV:SRR
56GF Score
Source Rock Royalties Ltd TSXV:SRR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Source Rock Royalties 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.

Source Rock Royalties'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, Source Rock Royalties's Interest Expense was C$0.00 Mil. Its Operating Income was C$1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Source Rock Royalties had no debt (1).

Source Rock Royalties's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Source Rock Royalties's Interest Expense was C$0.00 Mil. Its Operating Income was C$0.36 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Source Rock Royalties 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?
Source Rock Royalties (TSXV:SRR) 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 Source Rock Royalties and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Source Rock Royalties' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Source Rock Royalties ranks #3 out of 730 companies in the Oil & Gas industry, placing it in the top 0.40000000000001%.
Is Source Rock Royalties' Interest Coverage too high?
Source Rock Royalties' 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, Source Rock Royalties ranks #3 out of 730 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Source Rock Royalties has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Source Rock Royalties' Interest Coverage compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Source Rock Royalties ranks #3 out of 730 companies for Interest Coverage. This places Source Rock Royalties in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.89. Historically, Source Rock Royalties' 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 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 Source Rock Royalties and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Source Rock Royalties'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 Source Rock Royalties stock overvalued right now?
Based on GuruFocus' analysis, Source Rock Royalties (TSXV:SRR) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.68, compared to a current price of C$0.98 — trading 44.1% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Source Rock Royalties' overall GF Score™ is 56/100 with 7 warning signs 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 Source Rock Royalties (TSXV:SRR), 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.

Is Source Rock Royalties (TSXV:SRR) Overvalued in 2026?

Based on GuruFocus' analysis, Source Rock Royalties stock appears to be overvalued. The current stock price of C$0.98 is trading 44.1% above its estimated GF Value™ of C$0.68. GuruFocus considers Source Rock Royalties to be Significantly Overvalued.

Key valuation signals for TSXV:SRR:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: C$0.68 vs. price of C$0.98 (44.1% above fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the TSXV:SRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Source Rock Royalties Business Description

Industry EnergyOil & Gas
Other Exchanges SRRRF:USABH1:Germany
Address 421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is engaged in royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. It focused on acquiring and managing oil and gas royalties and mineral title interests. It has an oil-focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.
56GF Score

Get the complete analysis for TSXV:SRR

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.98
Price
C$0.68
GF Value