Althea Copper (XCNQ:ALTH) Interest Coverage: No Debt (1) (As of Apr. 2026) — 100% Below Median

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XCNQ:ALTH Althea Copper Corp XCNQ:ALTH
15 GF Score
Price C$0.11
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What is Althea Copper Interest Coverage?

Althea Copper XCNQ:ALTH +4.76% 15 Interest Coverage is No Debt (1) as of Apr. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates XCNQ:ALTH with a GF Score™ of 15/100. Among 1,341 Metals & Mining companies, Althea Copper ranks better than 99.48% 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. Althea Copper's Operating Income for the three months ended in Apr. 2026 was C$0.04 Mil. Althea Copper's Interest Expense for the three months ended in Apr. 2026 was C$0.00 Mil. Althea Copper has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Althea Copper Corp 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 Althea Copper's Interest Coverage or its related term are showing as below:

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


XCNQ:ALTH's Interest Coverage is ranked better than
99.48% of 1341 companies
in the Metals & Mining industry
Industry Median: No Debt vs XCNQ:ALTH: 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.


Althea Copper  (XCNQ:ALTH) 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 .


Althea Copper Interest Coverage Related Terms


Althea Copper Interest Coverage Historical Data

* Premium members only.

The historical data trend for Althea Copper'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.

Althea Copper Interest Coverage Chart

Althea Copper Annual Data
Trend Oct24
Interest Coverage
No Debt

Althea Copper Quarterly Data
Oct24 Apr25 Oct25 Apr26
Interest Coverage No Debt No Debt No Debt No Debt

XCNQ:ALTH vs : Interest Coverage Comparison

For the Copper subindustry, Althea Copper'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.


Althea Copper Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Althea Copper's Interest Coverage falls into.


XCNQ:ALTH
15GF Score
Althea Copper Corp XCNQ:ALTH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Althea Copper 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.

Althea Copper's Interest Coverage for the fiscal year that ended in Oct. 2024 is calculated as

Here, for the fiscal year that ended in Oct. 2024, Althea Copper's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Althea Copper had no debt (1).

Althea Copper's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

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

Althea Copper 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?
Althea Copper (XCNQ:ALTH) has a Interest Coverage of No Debt (1) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Althea Copper and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Althea Copper's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Althea Copper ranks #7 out of 1341 companies in the Metals & Mining industry, placing it in the top 0.5%.
Is Althea Copper's Interest Coverage too high?
Althea Copper'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, Althea Copper ranks #7 out of 1341 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Althea Copper has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Althea Copper's Interest Coverage compare to ?
According to the Metals & Mining industry distribution chart, Althea Copper ranks #7 out of 1341 companies for Interest Coverage. This places Althea Copper in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Althea Copper'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 a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,341 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 Althea Copper 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. Althea Copper'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 Althea Copper stock overvalued right now?
Althea Copper (XCNQ:ALTH) 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. Althea Copper's overall GF Score™ is 15/100. 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 Althea Copper (XCNQ:ALTH), the current Interest Coverage is No Debt (1) as of Apr. 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.

Althea Copper Business Description

Comparable Companies
Address 3217 Dunbar Street, Suite 248, Vancouver, BC, CAN, V6S 0M1
Althea Copper Corp is engaged in the exploration of its Mink Narrows Property, located in west-central Manitoba near Flin Flon. The Company is focused on continuing exploration work that has indicated widespread, high-grade copper-zinc volcanic massive sulphide (VMS) deposits, copper occurrences in a vein-style Cu zone, and gold occurrences within a complex structural zone that is bound by, and/or marginal to, the Mistik Creek shear zone and the north Neso Lake fault.
15GF Score

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

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