Thor Explorations (TSXV:THX) Interest Expense: C$0.1 Mil (TTM As of Mar. 2026)


TSXV:THX Thor Explorations Ltd TSXV:THX
43 GF Score
Price C$1.05
GF Value C$0.71
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Thor Explorations Interest Expense?

Thor Explorations TSXV:THX -1.87% 43 Interest Expense is C$0.1 Mil as of Mar. 2026. GuruFocus rates TSXV:THX with a GF Score™ of 43/100 and a GF Value™ of C$0.71 (Significantly Overvalued). 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. Thor Explorations's interest expense for the three months ended in Mar. 2026 was C$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.1 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. Thor Explorations's Operating Income for the three months ended in Mar. 2026 was C$ 63.2 Mil. Thor Explorations's Interest Expense for the three months ended in Mar. 2026 was C$ -0.1 Mil. Thor Explorations's Interest Coverage for the quarter that ended in Mar. 2026 was 585.32. 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.

Thor Explorations  (TSXV:THX) 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.

Thor Explorations's Interest Expense for the three months ended in Mar. 2026 was C$-0.1 Mil. Its Operating Income for the three months ended in Mar. 2026 was C$63.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was C$0.0 Mil.

Thor Explorations'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*63.215/-0.108
=585.32

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. Thor Explorations Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Thor Explorations Interest Expense Historical Data

* Premium members only.

The historical data trend for Thor Explorations'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.

Thor Explorations Interest Expense Chart

Thor Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -19.58 -10.50 -7.83 -0.63

Thor Explorations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -0.89 -0.38 -0.14 0.75 -0.11
TSXV:THX
43GF Score
Thor Explorations Ltd TSXV:THX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Explorations 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 C$0.1 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 C$0.1 Mil mean?
Thor Explorations (TSXV:THX) has a Interest Expense of C$0.1 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Thor Explorations and its competitors.
Is Thor Explorations' Interest Expense too high?
Thor Explorations' current Interest Expense is C$0.1 Mil. Overall, Thor Explorations has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' Interest Expense compare to NEM and AU?
Thor Explorations' Interest Expense of C$0.1 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 Thor Explorations and its competitors. Thor Explorations's current Interest Expense is C$0.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (TSXV:THX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.71, compared to a current price of C$1.05 — trading 47.9% above its estimated fair value. The current Interest Expense is C$0.1 Mil. Thor Explorations' overall GF Score™ is 43/100 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 Thor Explorations (TSXV:THX), the current Interest Expense is C$0.1 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.

Is Thor Explorations (TSXV:THX) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued. The current stock price of C$1.05 is trading 47.9% above its estimated GF Value™ of C$0.71. GuruFocus considers Thor Explorations to be Significantly Overvalued.

Key valuation signals for TSXV:THX:

  • Interest Expense: C$0.1 Mil
  • GF Value™: C$0.71 vs. price of C$1.05 (47.9% above fair value)
  • GF Score™: 43/100 with 1 warning sign

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

Thor Explorations Business Description

Other Exchanges THXPF:USATHX:UKT2X:Germany
Address 119 West Pender Street, No. 404, Vancouver, BC, CAN, V6B 1S5
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
43GF Score

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

C$1.05
Price
C$0.71
GF Value