Graycliff Exploration

Graycliff Exploration Interest Coverage

The Interest Coverage Ratio of Graycliff Exploration (GRAY.CN) as of Oct 30, 2026 is -4.39. In the previous year, Interest Coverage Ratio was -136.46 — a change of -96.79% (higher).

Interest Coverage

-4.39

YoY

-96.79%

Last updated:

Interest Coverage Ratio of Graycliff Exploration is 2024 -4.39 . Interest Coverage Ratio of Graycliff Exploration was 2023 -136.46 . It decreases by -96.79% higher compared to the previous year.

The Graycliff Exploration Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2020
-1,055.07 CAD
Jan 1, 2021
-1,035.08 CAD
Jan 1, 2022
-295.14 CAD
Jan 1, 2023
-136.46 CAD
Jan 1, 2024
-4.39 CAD
The Graycliff Exploration Interest Coverage history
YEARInterest CoverageYoY
-4.39-96.79%
-136.46-53.77%
-295.14-71.49%
-1,035.08-1.89%
-1,055.07—

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Graycliff Exploration Stock analysis

What does Graycliff Exploration do? Graycliff Exploration Ltd generates revenue through mineral exploration activities on its three projects: Shakespeare, Baldwin, and Lunge. The Shakespeare project covers 1,468 hectares with one crown patented lease, two crown leases, and 40 claims near the historic Shakespeare Gold Mine. The Baldwin project spans 1,500 hectares across 68 mineral claims in two contiguous blocks west of Sudbury, Ontario, targeting gold, copper, nickel-copper, and platinum group elements. The Lunge project encompasses 601 hectares with 27 claim units northeast of Baldwin, focusing on gold and critical minerals potential. The company's primary clients are mineral exploration investors seeking opportunities in the Canadian Shield region. Investors are attracted to the company's strategic location near established mining infrastructure and its identification of multiple target areas for gold, copper, nickel-copper, and platinum group elements. The firm operates within the mineral exploration sector, targeting resource-rich areas with proven geological potential. Graycliff Exploration Ltd's revenue model relies on securing exploration funding from investors who are interested in the company's projects. The company's focus on identifying new mineral targets on its existing land holdings allows it to attract investment for further exploration and development. Investors are drawn to the company's portfolio of projects with high potential for resource discovery in the Sudbury Mining Division. Graycliff Exploration is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Graycliff Exploration stock

Interest Coverage Ratio of Graycliff Exploration is -4.39 in 2024.

Interest Coverage Ratio of Graycliff Exploration changed from -136.46 to -4.39, representing a -96.79% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Graycliff Exploration since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Graycliff Exploration with sector peers and the industry average to assess whether it is attractive.

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Leverage — Graycliff Exploration

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