Independence Gold

Independence Gold Interest Coverage

The Interest Coverage Ratio of Independence Gold (IGO.V) as of Oct 19, 2026 is -79.44. In the previous year, Interest Coverage Ratio was -193.01 — a change of -58.84% (higher).

Interest Coverage

-79.44

YoY

-58.84%

Last updated:

Interest Coverage Ratio of Independence Gold is 2024 -79.44 . Interest Coverage Ratio of Independence Gold was 2023 -193.01 . It decreases by -58.84% higher compared to the previous year.

The Independence Gold Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-19.64 CAD
Jan 1, 2018
9.54 CAD
Jan 1, 2019
-10.67 CAD
Jan 1, 2020
-14.67 CAD
Jan 1, 2021
-824.45 CAD
Jan 1, 2022
-27.15 CAD
Jan 1, 2023
-193.01 CAD
Jan 1, 2024
-79.44 CAD
The Independence Gold Interest Coverage history
YEARInterest CoverageYoY
-79.44-58.84%
-193.01+610.78%
-27.15-96.71%
-824.45+5,519.89%
-14.67+37.44%
-10.67-211.88%
9.54-148.58%
-19.64-44.32%
-35.27+221.13%
-10.98+94.35%
-5.65—

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Independence Gold Stock analysis

What does Independence Gold do? Independence Gold Corp, trading under the ticker IGO.V, is a Canadian company headquartered in Vancouver, British Columbia. The company operates within the Materials sector, specifically in the Metals & Mining industry. Independence Gold Corp went public on December 29, 2011. Its primary activities involve the evaluation, acquisition, and exploration of mineral properties. The company manages several key projects, including the 3Ts Project, Boulevard Project, and Moosehorn Project. The 3Ts Project is situated approximately 120 kilometers southwest of Vanderhoof and 16 kilometers south of the Blackwater Gold Project. It encompasses roughly 5,200 hectares across 15 claims, comprising the Tsacha, Taken, Tam, Tommy, Bot, and Blackwater South properties. The Boulevard Project lies about 135 kilometers south of Dawson City, 35 kilometers south of the Golden Saddle Project, covering approximately 19,960 hectares with 958 claims. The Moosehorn Project is positioned roughly 133 kilometers southwest of Dawson City, spanning approximately 1,720 hectares and 82 claims. Independence Gold Corp's website is ingold.ca, providing additional information about its operations and projects. The company focuses on mineral exploration and development, leveraging its portfolio of land holdings for potential resource discovery and extraction. As a publicly traded entity, Independence Gold Corp is listed on the Canadian market, with its operations centered on the exploration phase of mineral properties. Independence Gold is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Independence Gold stock

Interest Coverage Ratio of Independence Gold is -79.44 in 2024.

Interest Coverage Ratio of Independence Gold changed from -193.01 to -79.44, representing a -58.84% change. The value is higher than the previous year.

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

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Leverage — Independence Gold

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