Iconic Minerals

Iconic Minerals Interest Coverage

The Interest Coverage Ratio of Iconic Minerals (ICM.V) as of Oct 27, 2026 is -2.89. In the previous year, Interest Coverage Ratio was -0.52 — a change of 453.73% (lower).

Interest Coverage

-2.89

YoY

453.73%

Last updated:

Interest Coverage Ratio of Iconic Minerals is 2025 -2.89 . Interest Coverage Ratio of Iconic Minerals was 2024 -0.52 . It decreases by 453.73% lower compared to the previous year.

The Iconic Minerals Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
-9.22 CAD
Jan 1, 2019
-5.32 CAD
Jan 1, 2020
-68.57 CAD
Jan 1, 2021
-7.56 CAD
Jan 1, 2022
-2.62 CAD
Jan 1, 2023
-4.83 CAD
Jan 1, 2024
-0.52 CAD
Jan 1, 2025
-2.89 CAD
The Iconic Minerals Interest Coverage history
YEARInterest CoverageYoY
-2.89+453.73%
-0.52-89.20%
-4.83+83.88%
-2.62-65.28%
-7.56-88.98%
-68.57+1,188.63%
-5.32-42.26%
-9.22-68.67%
-29.41+223.53%
-9.09+122.22%
-4.09-30.08%
-5.85—

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Iconic Minerals Stock analysis

What does Iconic Minerals do? Iconic Minerals Ltd generates revenue through the acquisition and exploration of mineral assets, focusing on lithium and gold projects in Nevada. The company manages the Smith Creek Lithium Property, covering 808 placer claims across 25.25 square miles, and the Bonnie Claire Property within Sarcobatus Valley measuring 30 km long by 20 km wide. Its New Pass Gold Property consists of 107 mining claims, while Midas South Gold Property lies along Nevada’s Carlin Trend gold belt. Investors and exploration partners purchase exploration rights and asset acquisitions from the company. The firm targets exploration and evaluation assets in the Metals & Mining sector, specifically lithium brine and gold mining. The Smith Creek Valley Basin, larger than Clayton Valley Basin, and the Midas South Gold Property between Ivanhoe and Midas mines are key assets. The company’s revenue streams come from selling exploration data and project rights to mining firms and investors interested in Nevada’s mineral-rich regions. Iconic Minerals Ltd’s primary buyers are mining companies and investors seeking lithium and gold exploration opportunities. The Smith Creek Lithium Property and New Pass Gold Property are central to its operations, with the Smith Creek Valley Basin offering significant potential for lithium brine extraction. The company’s focus on Nevada’s Carlin Trend positions it as a key player in gold exploration within the region. Iconic Minerals is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Iconic Minerals stock

Interest Coverage Ratio of Iconic Minerals is -2.89 in 2025.

Interest Coverage Ratio of Iconic Minerals changed from -0.52 to -2.89, representing a 453.73% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Iconic Minerals 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 Iconic Minerals with sector peers and the industry average to assess whether it is attractive.

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Leverage — Iconic Minerals

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