Altitude Minerals (ASX:ATT) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


What is Altitude Minerals Interest Coverage?

Altitude Minerals ASX:ATT Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 1 warning sign investors should review. Among 1,319 Metals & Mining companies, Altitude Minerals ranks worse than 75814.94% 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. Altitude Minerals's Operating Income for the six months ended in Dec. 2025 was A$-2.93 Mil. Altitude Minerals's Interest Expense for the six months ended in Dec. 2025 was A$0.00 Mil. Altitude Minerals has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Altitude Minerals Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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


ASX:ATT'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.


Altitude Minerals  (ASX:ATT) 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 .


Altitude Minerals Interest Coverage Related Terms


Altitude Minerals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Altitude Minerals'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.

Altitude Minerals Interest Coverage Chart

Altitude Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
No Debt N/A N/A N/A N/A

Altitude Minerals Semi-Annual Data
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 N/A N/A N/A N/A No Debt

ASX:ATT vs HL: Interest Coverage Comparison

For the Other Precious Metals & Mining subindustry, Altitude Minerals'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.


Altitude Minerals Interest Coverage vs Metals & Mining Industry

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

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



Altitude Minerals 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.

Altitude Minerals'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, Altitude Minerals's Interest Expense was A$0.00 Mil. Its Operating Income was A$-4.00 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.01 Mil.

GuruFocus does not calculate Altitude Minerals's interest coverage with the available data.

Altitude Minerals's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Altitude Minerals's Interest Expense was A$0.00 Mil. Its Operating Income was A$-2.93 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

Altitude Minerals had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Altitude Minerals (ASX:ATT) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Altitude Minerals and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Altitude Minerals' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Altitude Minerals ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Altitude Minerals' Interest Coverage too high?
Altitude Minerals' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Altitude Minerals ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Altitude Minerals' Interest Coverage compare to HL?
According to the Metals & Mining industry distribution chart, Altitude Minerals ranks #999999 out of 1319 companies for Interest Coverage. This places Altitude Minerals in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Historically, Altitude Minerals' own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 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 Altitude Minerals and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altitude Minerals's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude Minerals stock overvalued right now?
Altitude Minerals (ASX:ATT) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Altitude Minerals (ASX:ATT), the current Interest Coverage is No Debt (1) 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.

Altitude Minerals Business Description

Address 21 Sydenham Road, Norwood, SA, AUS, 5067
Altitude Minerals Ltd is a minerals exploration company targeting copper-gold deposits within the Gawler Craton of South Australia. The assets are divided into four main project areas: the Peake and Denison, and Ruby Hill Projects contain known copper occurrences, and the Billa Kalina projects; the Peake and Denison and Ruby Hill Projects have anomalous gold occurrences.