Trx Gold (TRX) Interest Coverage Ratio (2021 - 2026)
Trx Gold's Interest Coverage Ratio came in at 302.20 for the quarter ended May 31, 2026, up 326.6% from 70.85 a year earlier and up 1.2% from the prior quarter.
Trx Gold (TRX) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Trx Gold reported Interest Coverage Ratio of 217.66, up 729.0% year-over-year; for the year ended Aug 31, 2025, it came in at 80.05, up 612.7% from the prior year.
- Going back by year, Interest Coverage Ratio was 11.23 in the year ended Aug 31, 2024 (-60.7%), 28.59 in the year ended Aug 31, 2023 (-25.0%) and 38.11 in the year ended Aug 31, 2022.
- The figure for the quarter ended May 31, 2026 represents the highest quarterly Interest Coverage Ratio in data going back to the quarter ended May 31, 2021.
- Year-over-year, Interest Coverage Ratio has increased for three consecutive quarters, with growth averaging 282.2% over the last seven quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in the quarter ended Feb 28, 2025 (growth of 571.6%), and the weakest in the quarter ended Aug 31, 2023 (a decline of 80.2%).
- Business Quant data shows TRX's Interest Coverage Ratio at 298.52 (quarter ended Feb 28, 2026), 157.91 (quarter ended Nov 30, 2025) and 131.57 (quarter ended Aug 31, 2025) in the three quarters before the quarter ended May 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | - |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 10.48 |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 237.10 |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 105.08 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 45.25 |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 7.76 |
| 10 | Trx Gold | 56.97 Mn | 19.99 Mn | 19.45 Mn | 302.20 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 302.20 |
| Feb 28, 2026 | 298.52 |
| Nov 30, 2025 | 157.91 |
| Aug 31, 2025 | 131.57 |
| May 31, 2025 | 70.85 |
| Feb 28, 2025 | 69.43 |
| Nov 30, 2024 | 86.74 |
| Aug 31, 2024 | 9.42 |
| May 31, 2024 | 18.50 |
| Feb 29, 2024 | 10.34 |
| Nov 30, 2023 | 15.96 |
| Aug 31, 2023 | 24.20 |
| May 31, 2023 | 15.72 |
| Feb 28, 2023 | 7.78 |
| Aug 31, 2022 | 122.16 |
| May 31, 2021 | 0.02 |
Trx Gold Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();