Advance MetalsASX:AVM -3.13% 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 459 Steel companies, Advance Metals ranks better than 99.78% 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. Advance Metals's
Operating Income
for the
six
months ended in Dec. 2025 was A$-6.26 Mil. Advance Metals's Interest Expense for the
six
months ended in Dec. 2025 was A$0.00 Mil.
Advance Metals has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Advance Metals Ltd has no debt.
(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 Advance Metals's Interest Coverage or its related term are showing as below:
ASX:AVM'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
ASX:AVM's Interest Coverage is ranked better than 99.78% of 459
companies
in the Steel industry
Industry Median: 4.48
vs ASX:AVM: No Debt
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 .
Advance Metals Interest Coverage Related Terms
Advance Metals Interest Coverage Historical Data
* Premium members only.
The historical data trend for Advance 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.
ASX:AVM vs HCC, AMR, METC: Interest Coverage Comparison
For the Coking Coal subindustry, Advance 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.
Advance Metals Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Advance Metals's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Advance 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:
* 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 No Debt <sup>(1)</sup> mean?
Advance Metals (ASX:AVM) 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 Advance Metals and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Advance Metals' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Advance Metals ranks #1 out of 459 companies in the Steel industry, placing it in the top 0.2%.
Is Advance Metals' Interest Coverage too high?
Advance Metals' 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, Advance Metals ranks #1 out of 459 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Advance Metals' Interest Coverage compare to HCC and AMR?
According to the Steel industry distribution chart, Advance Metals ranks #1 out of 459 companies for Interest Coverage. This places Advance Metals in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.48. Historically, Advance Metals' 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 Steel company?
The median Interest Coverage among Steel companies is 4.48, based on 459 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 Advance Metals and its competitors. For the Steel industry, the median Interest Coverage is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Metals'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 Advance Metals stock overvalued right now?
Advance Metals (ASX:AVM) 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 Advance Metals (ASX:AVM), 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.
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.
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