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Troilus Gold (Troilus Gold) Interest Coverage : 0 (At Loss) (As of Oct. 2023)


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What is Troilus Gold 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. Troilus Gold's Operating Income for the three months ended in Oct. 2023 was $-6.99 Mil. Troilus Gold's Interest Expense for the three months ended in Oct. 2023 was $-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


CHXMF'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.


Troilus Gold Interest Coverage Historical Data

The historical data trend for Troilus 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.

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Troilus Gold Interest Coverage Chart

Troilus Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Coverage
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Troilus Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Troilus Gold's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Troilus 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.


Troilus Gold's Interest Coverage Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Troilus Gold's Interest Coverage falls into.



Troilus Gold 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.

Troilus Gold's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Troilus Gold's Interest Expense was $-0.10 Mil. Its Operating Income was $-26.78 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.29 Mil.

Troilus Gold did not have earnings to cover the interest expense.

Troilus Gold's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Here, for the three months ended in Oct. 2023, Troilus Gold's Interest Expense was $-0.02 Mil. Its Operating Income was $-6.99 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.24 Mil.

Troilus Gold did not have earnings to cover the 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.

The higher the ratio, the stronger the company's Financial Strength is.


Troilus Gold  (OTCPK:CHXMF) 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 .


Troilus Gold Interest Coverage Related Terms

Thank you for viewing the detailed overview of Troilus Gold's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Troilus Gold (Troilus Gold) Business Description

Traded in Other Exchanges
Address
715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7
Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.

Troilus Gold (Troilus Gold) Headlines

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