AJ Lucas Group (ASX:AJL) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


What is AJ Lucas Group Interest Coverage?

AJ Lucas Group ASX:AJL Interest Coverage is 0 (At Loss) as of Dec. 2025. The stock has 5 warning signs investors should review. Among 456 Steel companies, AJ Lucas Group ranks better than 56.58% 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. AJ Lucas Group's Operating Income for the six months ended in Dec. 2025 was A$9.4 Mil. AJ Lucas Group's Interest Expense for the six months ended in Dec. 2025 was A$3.5 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 AJ Lucas Group's Interest Coverage or its related term are showing as below:

ASX:AJL' s Interest Coverage Range Over the Past 10 Years
Min: 0.29   Med: 0.56   Max: 5.98
Current: 5.98


ASX:AJL's Interest Coverage is ranked better than
56.58% of 456 companies
in the Steel industry
Industry Median: 4.445 vs ASX:AJL: 5.98

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


AJ Lucas Group  (ASX:AJL) 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 .


AJ Lucas Group Interest Coverage Related Terms


AJ Lucas Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for AJ Lucas Group'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.

AJ Lucas Group Interest Coverage Chart

AJ Lucas Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.67 0.00 0.98 0.33

AJ Lucas Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 1.16 0.29 0.44 0.00

ASX:AJL vs HCC, AMR, METC: Interest Coverage Comparison

For the Coking Coal subindustry, AJ Lucas Group'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.


AJ Lucas Group Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, AJ Lucas Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AJ Lucas Group's Interest Coverage falls into.



AJ Lucas Group 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.

AJ Lucas Group's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, AJ Lucas Group's Interest Expense was A$-21.6 Mil. Its Operating Income was A$7.1 Mil. And its Long-Term Debt & Capital Lease Obligation was A$90.2 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*7.115/-21.592
=0.33

AJ Lucas Group's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, AJ Lucas Group's Interest Expense was A$3.5 Mil. Its Operating Income was A$9.4 Mil. And its Long-Term Debt & Capital Lease Obligation was A$72.5 Mil.

* 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.

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

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
AJ Lucas Group (ASX:AJL) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AJ Lucas Group and its competitors. Over the past decade, AJ Lucas Group's Interest Coverage has ranged from 0.29 to 5.98. According to the industry distribution chart, AJ Lucas Group ranks #198 out of 456 companies in the Steel industry, placing it in the top 43.4%.
Is AJ Lucas Group's Interest Coverage too high?
AJ Lucas Group's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 5.98. Based on the distribution chart, AJ Lucas Group ranks #198 out of 456 companies in the Steel industry, which is above the industry midpoint.
How does AJ Lucas Group's Interest Coverage compare to HCC and AMR?
According to the Steel industry distribution chart, AJ Lucas Group ranks #198 out of 456 companies for Interest Coverage. This puts AJ Lucas Group in the upper half of its industry. The industry median Interest Coverage is 4.45. Historically, AJ Lucas Group's own Interest Coverage has ranged from 0.29 to 5.98 over the past decade. 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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 AJ Lucas Group and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Lucas Group'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 AJ Lucas Group stock overvalued right now?
Based on GuruFocus' analysis, AJ Lucas Group (ASX:AJL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 20% below its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 AJ Lucas Group (ASX:AJL), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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.

AJ Lucas Group Business Description

Address 167 Eagle Street, Level 22, Emirates House, Brisbane, QLD, AUS, 4000
AJ Lucas Group Ltd is a provider of drilling services to the Australian coal industry, and an operator, through its subsidiary Cuadrilla Resources Holdings Limited, of exploration and appraisal of conventional and unconventional oil and gas prospects in the United Kingdom (UK). The Group is structured with two principal operating segments: Drilling (Australian operations) provides drilling services to the energy and resources sectors, but focuses on delivering a suite of degasification and exploration drilling and related services to Australian metallurgical coal mines; Oil & Gas Operations (UK investments operations) include the Exploration of unconventional and conventional hydrocarbons in the UK. It generates the majority of revenue from the Australian Operations segment.