Trans Canada GoldTTGXF Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. The stock has 2 warning signs investors should review. Among 731 Oil & Gas companies, Trans Canada Gold ranks worse than 136798.77% 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. Trans Canada Gold's
Operating Income
for the
three
months ended in Mar. 2026 was $-0.19 Mil. Trans Canada Gold's Interest Expense for the
three
months ended in Mar. 2026 was $0.00 Mil.
Trans Canada Gold has no debt.
The higher the ratio, the stronger the company's financial strength is.
(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 Trans Canada Gold's Interest Coverage or its related term are showing as below:
TTGXF's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.89 * Ranked among companies with meaningful Interest Coverage only.
Trans Canada Gold (OTCPK:TTGXF) 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 .
Trans Canada Gold Interest Coverage Related Terms
Trans Canada Gold Interest Coverage Historical Data
* Premium members only.
The historical data trend for Trans Canada 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.
TTGXF vs COP, EOG, OXY: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Trans Canada 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.
Trans Canada Gold Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trans Canada Gold's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Trans Canada 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Trans Canada Gold (TTGXF) 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 Trans Canada Gold and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, Trans Canada Gold ranks #999999 out of 731 companies in the Oil & Gas industry.
Is Trans Canada Gold's Interest Coverage too high?
Trans Canada Gold's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Based on the distribution chart, Trans Canada Gold ranks #999999 out of 731 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Trans Canada Gold's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Trans Canada Gold ranks #999999 out of 731 companies for Interest Coverage. This places Trans Canada Gold in the lower half of its industry. The industry median Interest Coverage is 5.89. 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 731 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 Trans Canada Gold 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. Trans Canada Gold'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 Trans Canada Gold stock overvalued right now?
Based on GuruFocus' analysis, Trans Canada Gold (TTGXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.08 — trading 50% 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. 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 Trans Canada Gold (TTGXF), 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.
Trans Canada Gold Corp is a gold and mineral exploration and Oil & Gas Resource Development Company. It is focused on developing its District Scale Gold exploration project in Ontario. The company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets. The company operates in two reportable segments, being exploration of mineral assets and petroleum production. All operations are located in Canada, in the provinces of Saskatchewan, Ontario and Alberta.
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