ChemX Materials (ASX:CMX) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


What is ChemX Materials Interest Coverage?

ChemX Materials ASX:CMX Interest Coverage is 0 (At Loss) as of Dec. 2025. The stock has 4 warning signs investors should review.

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. ChemX Materials's Operating Income for the six months ended in Dec. 2025 was A$-0.29 Mil. ChemX Materials's Interest Expense for the six months ended in Dec. 2025 was A$-0.01 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

ChemX Materials Ltd has no debt.

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


ASX:CMX's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.79
* 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.

ChemX Materials  (ASX:CMX) 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 .

ChemX Materials Interest Coverage Related Terms

ChemX Materials Interest Coverage Historical Data

* Premium members only.

The historical data trend for ChemX Materials'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.

ChemX Materials Interest Coverage Chart

ChemX Materials Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Interest Coverage
No Debt 0.00 0.00 0.00

ChemX Materials Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

ASX:CMX vs VRT, HUBB, NVT: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, ChemX Materials'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.

ChemX Materials Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ChemX Materials's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ChemX Materials's Interest Coverage falls into.


ChemX Materials 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.

ChemX Materials'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, ChemX Materials's Interest Expense was A$-0.78 Mil. Its Operating Income was A$-7.03 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

ChemX Materials did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2025, ChemX Materials's Interest Expense was A$-0.01 Mil. Its Operating Income was A$-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

ChemX Materials 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.

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?
ChemX Materials (ASX:CMX) 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 ChemX Materials and its competitors. Over the past decade, ChemX Materials' Interest Coverage has ranged from 10,000.00 to 10,000.00.
Is ChemX Materials' Interest Coverage too high?
ChemX Materials' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00.
How does ChemX Materials' Interest Coverage compare to VRT and HUBB?
ChemX Materials' Interest Coverage of 0 (At Loss) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.79. Historically, ChemX Materials' 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.79, based on 2,329 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 ChemX Materials and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ChemX Materials'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 ChemX Materials stock overvalued right now?
ChemX Materials (ASX:CMX) has a current Interest Coverage of 0 (At Loss). 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 ChemX Materials (ASX:CMX), 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.

ChemX Materials Business Description

Address 350 Kent Street, Level 2, Sydney, NSW, AUS, 2000
ChemX Materials Ltd is engaged in the development of its proprietary High Purity Alumina (HiPurA) technology and mining exploration activities. The Company focused on advancing HiPurA technology and the exploration and evaluation of mineral resources, with its operations conducted within Australia.