SUMMF (Summit Royalties) Interest Expense: $-0.08 Mil (TTM As of Mar. 2026)


SUMMF Summit Royalties Ltd SUMMF
19 GF Score
Price $0.99
! 1 Warning Sign
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What is Summit Royalties Interest Expense?

Summit Royalties SUMMF +0.60% 19 Interest Expense is $-0.08 Mil as of Mar. 2026. GuruFocus rates SUMMF with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Summit Royalties's interest expense for the three months ended in Mar. 2026 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.08 Mil.

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. Summit Royalties's Operating Income for the three months ended in Mar. 2026 was $ 2.54 Mil. Summit Royalties's Interest Expense for the three months ended in Mar. 2026 was $ -0.02 Mil. Summit Royalties's Interest Coverage for the quarter that ended in Mar. 2026 was 110.48. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Summit Royalties  (OTCPK:SUMMF) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Summit Royalties's Interest Expense for the three months ended in Mar. 2026 was $-0.02 Mil. Its Operating Income for the three months ended in Mar. 2026 was $2.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $0.00 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2.541/-0.023
=110.48

* 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.

Good Sign:

Summit Royalties Ltd has no debt.

Summit Royalties Interest Expense Historical Data

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The historical data trend for Summit Royalties's Interest Expense 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.

Summit Royalties Interest Expense Chart

Summit Royalties Annual Data
Trend Dec24 Dec25
Interest Expense
0.00 -0.05

Summit Royalties Quarterly Data
Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 -0.05 -0.02
SUMMF
19GF Score
Summit Royalties Ltd SUMMF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Royalties Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.08 Mil mean?
Summit Royalties (SUMMF) has a Interest Expense of $-0.08 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Summit Royalties and its competitors.
Is Summit Royalties' Interest Expense too high?
Summit Royalties' current Interest Expense is $-0.08 Mil. Overall, Summit Royalties has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Summit Royalties' Interest Expense compare to HL?
Summit Royalties' Interest Expense of $-0.08 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Summit Royalties and its competitors. Summit Royalties's current Interest Expense is $-0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Royalties stock overvalued right now?
Summit Royalties (SUMMF) has a current Interest Expense of $-0.08 Mil. The current Interest Expense is $-0.08 Mil. Summit Royalties' overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Summit Royalties (SUMMF), the current Interest Expense is $-0.08 Mil 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.

Summit Royalties Business Description

Other Exchanges SUM:Canada
Address 100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Summit Royalties Ltd is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production, with additional royalties on development- and exploration-stage properties. The group intends to become the next mid-tier royalty and streaming company by executing actionable, accretive acquisitions that increase production and drive cash flow growth. The company manages its business under a single operating segment, which is the ownership and acquisition of precious metal royalty and mineral streaming interests. Geographically, the company operates in Africa; Canada, which derives maximum revenue; Columbia; and Brazil.
19GF Score

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

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