Aqua MetalsAQMS -3.51%25 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates AQMS with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 163 Waste Management companies, Aqua Metals ranks worse than 613496.32% on this metric.
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. Aqua Metals's
Operating Income
for the
three
months ended in Mar. 2026 was $-4.14 Mil. Aqua Metals's Interest Expense for the
three
months ended in Mar. 2026 was $-0.01 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 Aqua Metals's Interest Coverage or its related term are showing as below:
AQMS's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.87 * Ranked among companies with meaningful Interest Coverage only.
Aqua Metals (NAS:AQMS) 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 .
Aqua Metals Interest Coverage Related Terms
Aqua Metals Interest Coverage Historical Data
* Premium members only.
The historical data trend for Aqua Metals'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.
AQMS vs AWX, OCLN, CDTG: Interest Coverage Comparison
For the Waste Management subindustry, Aqua Metals'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.
Aqua Metals Interest Coverage vs Waste Management Industry
For the Waste Management industry and Industrials sector, Aqua Metals's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Aqua Metals's Interest Coverage falls into.
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:
Aqua Metals did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Aqua Metals (AQMS) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aqua Metals and its competitors. According to the industry distribution chart, Aqua Metals ranks #999999 out of 163 companies in the Waste Management industry.
Is Aqua Metals' Interest Coverage too high?
Aqua Metals' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Aqua Metals ranks #999999 out of 163 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Aqua Metals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' Interest Coverage compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #999999 out of 163 companies for Interest Coverage. This places Aqua Metals in the lower half of its industry. The industry median Interest Coverage is 5.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 163 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aqua Metals and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Aqua Metals' overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Aqua Metals (AQMS), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
25GF Score
Get the complete analysis for AQMS
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AQMS has been successfully added to your 
