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Mawson Gold (STU:MXR) Interest Coverage : 0 (At Loss) (As of Nov. 2023)


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What is Mawson 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. Mawson Gold's Operating Income for the three months ended in Nov. 2023 was €-1.82 Mil. Mawson Gold's Interest Expense for the three months ended in Nov. 2023 was €-0.01 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 Mawson Gold's Interest Coverage or its related term are showing as below:


STU:MXR'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.


Mawson Gold Interest Coverage Historical Data

The historical data trend for Mawson 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.

* Premium members only.

Mawson Gold Interest Coverage Chart

Mawson Gold Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt -

Mawson Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Interest Coverage 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 No Debt - - - -

Competitive Comparison of Mawson Gold's Interest Coverage

For the Gold subindustry, Mawson 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.


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

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

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



Mawson 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.

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

Here, for the fiscal year that ended in May. 2023, Mawson Gold's Interest Expense was €-0.01 Mil. Its Operating Income was €-3.59 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.48 Mil.

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

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

Here, for the three months ended in Nov. 2023, Mawson Gold's Interest Expense was €-0.01 Mil. Its Operating Income was €-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.45 Mil.

Mawson 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.


Mawson Gold  (STU:MXR) 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 .


Mawson Gold Interest Coverage Related Terms

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


Mawson Gold (STU:MXR) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Mawson Gold Ltd is a gold exploration company. Its projects include Rompas-Rajapalot project, Skelleftea North, Sunday Creek, Redcastle, Whroo JV and Mt Isa among others. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets.

Mawson Gold (STU:MXR) Headlines

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