Commodore Metals (XCNQ:C) Interest Coverage: N/A (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XCNQ:C Commodore Metals Corp XCNQ:C
12 GF Score
Price C$0.28
View Full Analysis

What is Commodore Metals Interest Coverage?

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. Commodore Metals's Operating Income for the three months ended in Apr. 2026 was C$-0.03 Mil. Commodore Metals's Interest Expense for the three months ended in Apr. 2026 was C$0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Commodore Metals's Interest Coverage or its related term are showing as below:


XCNQ:C'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.


Commodore Metals  (XCNQ:C) 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 .


Commodore Metals Interest Coverage Related Terms


Commodore Metals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Commodore Metals'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.

Commodore Metals Interest Coverage Chart

Commodore Metals Annual Data
Trend Oct24 Oct25
Interest Coverage
No Debt N/A

Commodore Metals Quarterly Data
Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Coverage Get a 7-Day Free Trial No Debt N/A N/A N/A N/A

XCNQ:C vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Commodore Metals'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.


Commodore Metals Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Commodore Metals's Interest Coverage falls into.


XCNQ:C
12GF Score
Commodore Metals Corp XCNQ:C
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commodore Metals 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.

Commodore Metals's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, Commodore Metals's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.05 Mil.

GuruFocus does not calculate Commodore Metals's interest coverage with the available data.

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

Here, for the three months ended in Apr. 2026, Commodore Metals's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.05 Mil.

GuruFocus does not calculate Commodore Metals's interest coverage with the available data.

* 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.


Commodore Metals Business Description

Address 4885 Valley Drive, Suite 202, Vancouver, BC, CAN, V6J 5M7
Commodore Metals Corp is engaged in the acquisition, exploration, and development of mineral exploration properties. The company's principal asset is the Keefers-Hannah Gold Property, located near Keefers in the New Westminster Mining Division, British Columbia. The property is the sole material mineral exploration property held by the company.
12GF Score

Get the complete analysis for XCNQ:C

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

C$0.28
Price