New Found Gold (NFGC) Interest Coverage Ratio (2021 - 2025)
New Found Gold's (NFGC) quarterly Interest Coverage Ratio came in at 2863.74 in Q3 2025, down 30.94% year-on-year from 4146.55 in Q3 2024, and up 31.6% quarter-over-quarter from 2176.17 in Q2 2025.
New Found Gold (NFGC) Interest Coverage Ratio (2021 - 2025) Analysis & Trends
New Found Gold has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 2863.74 for Q3 2025.
- Interest Coverage Ratio for Q3 2025 came in at 2863.74, down 30.94% year-over-year; the trailing twelve-month figure through Mar 2026 was 5830.46 (up 612.18% YoY), and the FY2024 annual result was 2402.59, up 37.03% from the prior year.
- Interest Coverage Ratio came in at 2863.74 for Q3 2025 at New Found Gold, up from 2176.17 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 7293.71 in Q2 2022 to a low of 7358.62 in Q4 2021.
- The 5-year median for Interest Coverage Ratio is 2176.17 (2025), against an average of 954.37.
- Across the five-year window, Interest Coverage Ratio sank 152.86% in 2023 and surged 115.25% in 2024, its largest moves.
- New Found Gold's Interest Coverage Ratio stood at 7358.62 in 2021, then surged by 83.69% to 1200.11 in 2022, then plunged by 152.86% to 3034.62 in 2023, then surged by 115.25% to 462.83 in 2024, then surged by 518.75% to 2863.74 in 2025.
- The last three Interest Coverage Ratio figures came in at 2863.74 (Q3 2025), 2176.17 (Q2 2025), and 1328.93 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -628.85 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 77.87 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 480.28 |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -70.43 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | - |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 6.83 |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | New Found Gold | 774.15 Mn | 742.48 Mn | 1.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 2,863.74 |
| Jun 30, 2025 | 2,176.17 |
| Mar 31, 2025 | -1,328.93 |
| Dec 31, 2024 | 462.83 |
| Sep 30, 2024 | 4,146.55 |
| Jun 30, 2024 | 4,554.97 |
| Mar 31, 2024 | -3,456.50 |
| Dec 31, 2023 | -3,034.62 |
| Sep 30, 2023 | 4,146.55 |
| Jun 30, 2023 | 4,554.97 |
| Mar 31, 2023 | -3,665.80 |
| Dec 31, 2022 | -1,200.11 |
| Sep 30, 2022 | 5,868.30 |
| Jun 30, 2022 | 7,293.71 |
| Mar 31, 2022 | -5,168.13 |
| Dec 31, 2021 | -7,358.62 |
| Sep 30, 2021 | 5,369.26 |