Bowen Coking Coal (ASX:BCB) Interest Coverage: 0.30 (As of Dec. 2024)


What is Bowen Coking Coal Interest Coverage?

Bowen Coking Coal ASX:BCB Interest Coverage is 0.30 as of Dec. 2024.

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. Bowen Coking Coal's Operating Income for the six months ended in Dec. 2024 was A$9.4 Mil. Bowen Coking Coal's Interest Expense for the six months ended in Dec. 2024 was A$-31.8 Mil. Bowen Coking Coal's interest coverage for the quarter that ended in Dec. 2024 was 0.30. The higher the ratio, the stronger the company's financial strength is.

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


ASX:BCB's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445
* 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.

Bowen Coking Coal  (ASX:BCB) 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 .

Bowen Coking Coal Interest Coverage Related Terms

Bowen Coking Coal Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bowen Coking Coal'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.

Bowen Coking Coal Interest Coverage Chart

Bowen Coking Coal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 0.00

Bowen Coking Coal Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.00 0.00 0.00 0.91 0.30

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

For the Coking Coal subindustry, Bowen Coking Coal'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.

Bowen Coking Coal Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Bowen Coking Coal's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bowen Coking Coal's Interest Coverage falls into.


Bowen Coking Coal 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.

Bowen Coking Coal'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, Bowen Coking Coal's Interest Expense was A$-46.3 Mil. Its Operating Income was A$-15.1 Mil. And its Long-Term Debt & Capital Lease Obligation was A$108.8 Mil.

Bowen Coking Coal did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2024, Bowen Coking Coal's Interest Expense was A$-31.8 Mil. Its Operating Income was A$9.4 Mil. And its Long-Term Debt & Capital Lease Obligation was A$101.4 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*9.441/-31.768
=0.30

* 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 0.30 mean?
Bowen Coking Coal (ASX:BCB) has a Interest Coverage of 0.30 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bowen Coking Coal and its competitors.
Is Bowen Coking Coal's Interest Coverage too high?
Bowen Coking Coal's current Interest Coverage is 0.30. The Steel industry median Interest Coverage is 4.45. Bowen Coking Coal's value of 0.30 is 93.3% below this industry median.
How does Bowen Coking Coal's Interest Coverage compare to HCC and AMR?
Bowen Coking Coal's Interest Coverage of 0.30 can be compared against companies in the Steel industry. The industry median Interest Coverage is 4.45. Bowen Coking Coal's value of 0.30 is 93.3% below this benchmark. 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 458 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. Bowen Coking Coal's current Interest Coverage of 0.30 is 93.3% below the industry median. 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 Bowen Coking Coal 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. Bowen Coking Coal's current Interest Coverage is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowen Coking Coal stock overvalued right now?
Bowen Coking Coal (ASX:BCB) has a current Interest Coverage of 0.30. The current Interest Coverage is 0.30 and 93.3% below the Steel industry median of 4.45. 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 Bowen Coking Coal (ASX:BCB), the current Interest Coverage is 0.30 as of Dec. 2024. 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.

Bowen Coking Coal Business Description

Address 167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.