AMROF (Amaero) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Amaero Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Amaero's Operating Income for the six months ended in Dec. 2024 was $-6.72 Mil. Amaero's Interest Expense for the six months ended in Dec. 2024 was $-0.49 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Amaero's Interest Coverage or its related term are showing as below:

AMROF's Interest Coverage is not ranked ^*
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Amaero Interest Coverage Historical Data

The historical data trend for Amaero's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Amaero Interest Coverage Chart

Amaero Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Coverage

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Amaero Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Amaero's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Amaero's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amaero's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Amaero's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Amaero's Interest Coverage falls into.

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Amaero Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Amaero's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Amaero's Interest Expense was $-0.01 Mil. Its Operating Income was $-11.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $10.65 Mil.

Amaero did not have earnings to cover the interest expense.

Amaero's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Amaero's Interest Expense was $-0.49 Mil. Its Operating Income was $-6.72 Mil. And its Long-Term Debt & Capital Lease Obligation was $10.86 Mil.

Amaero did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Amaero (OTCPK:AMROF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Amaero Interest Coverage Related Terms

Thank you for viewing the detailed overview of Amaero's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Amaero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amaero Ltd (OTCPK:AMROF) » Definitions » Interest Coverage

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Traded in Other Exchanges

3DA:Australia

Address

130 Innovation Drive SW, Mcdonald, Mcdonald, TN, USA, 37353

Website

https://www.amaeroinc.com

Amaero Ltd is a U.S. domestic producer of high-value refractory alloy, titanium, and specialty alloy powders for additive and manufacturing components utilised by the defense, space, and aviation industries. The Company has commissioned gas atomization technology with a yield of AM powder. It also provides PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder metallurgy parts with forged-equivalent material properties and microstructure for various alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large-scale castings and forgings.