Clean Teq Water (ASX:CNQ) Interest Coverage: 1.40 (As of Dec. 2025)

Clean Teq Water  (ASX:CNQ) 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 .

Clean Teq Water Interest Coverage Related Terms

The historical data trend for Clean Teq Water'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.

Clean Teq Water Interest Coverage Chart

Clean Teq Water Semi-Annual Data
	Dec20	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Interest Coverage	Get a 7-Day Free Trial				0.00	0.00	0.00	0.00	1.40

ASX:CNQ vs AWK, WTRG, AWR: Interest Coverage Comparison

For the Utilities - Regulated Water subindustry, Clean Teq Water'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.

Clean Teq Water Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Clean Teq Water's Interest Coverage falls into.

Clean Teq Water 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Clean Teq Water'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, Clean Teq Water's Interest Expense was A$-0.50 Mil. Its Operating Income was A$-2.67 Mil. And its Long-Term Debt & Capital Lease Obligation was A$1.37 Mil.

Clean Teq Water's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Clean Teq Water's Interest Expense was A$-0.24 Mil. Its Operating Income was A$0.34 Mil. And its Long-Term Debt & Capital Lease Obligation was A$1.40 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.

Clean Teq Water Business Description