New Found Gold (NFGC) Interest Coverage Ratio (2021 - 2025)
New Found Gold (NFGC) posted Interest Coverage Ratio of 2863.74 for Q3 2025, up 31.6% sequentially from 2176.17 in Q2 2025, and down 30.94% YoY from 4146.55 in Q3 2024.
New Found Gold (NFGC) Interest Coverage Ratio (2021 - 2025) Analysis & Trends
New Found Gold (NFGC) has 5 years of Interest Coverage Ratio data on file, last reported at 2863.74 in Q3 2025.
- Quarterly Interest Coverage Ratio fell 30.94% year-over-year to 2863.74 in Q3 2025, while the trailing twelve-month figure through Mar 2026 was 5830.46 (up 612.18% YoY) and the FY2024 annual result came in at 2402.59, up 37.03% from the prior year.
- Interest Coverage Ratio grew to 2863.74 in Q3 2025 per NFGC's latest filing, from 2176.17 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 7293.71 in Q2 2022, with the low at 1328.93 in Q1 2025.
- Average Interest Coverage Ratio over 5 years is 2919.34, with a median of 3665.8 recorded in 2023.
- Year-over-year, Interest Coverage Ratio surged 196.84% in 2024 and plunged 138.45% in 2025.
- New Found Gold's Interest Coverage Ratio stood at 1091.67 in 2021, then declined by 9.93% to 1200.11 in 2022, then surged by 60.18% to 477.94 in 2023, then soared by 196.84% to 462.83 in 2024, then surged by 518.75% to 2863.74 in 2025.
- Business Quant data shows NFGC's Interest Coverage Ratio at 2863.74 in Q3 2025, 2176.17 in Q2 2025, and 1328.93 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -77.87 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -141.84 |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 480.28 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -8.31 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | -646.37 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -70.43 |
| 10 | New Found Gold | - | - | 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 | -477.94 |
| 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 | -1,091.67 |
| Sep 30, 2021 | 5,369.26 |