Hillgrove ResourcesASX:HGO Interest Coverage is 2.88 as of Dec. 2025, which is 3% below its 10-year median of 2.98. The stock has 6 warning signs investors should review. Among 1,319 Metals & Mining companies, Hillgrove Resources ranks worse than 93.25% 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. Hillgrove Resources's
Operating Income
for the
six
months ended in Dec. 2025 was A$5.3 Mil. Hillgrove Resources's Interest Expense for the
six
months ended in Dec. 2025 was A$-1.8 Mil.
Hillgrove Resources's interest coverage for the quarter that ended in Dec. 2025 was 2.88.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Hillgrove Resources Ltd interest coverage is 2.98, which is low.
The historical rank and industry rank for Hillgrove Resources's Interest Coverage or its related term are showing as below:
ASX:HGO'
s Interest Coverage Range Over the Past 10 Years
Min: 1.94 Med: 2.98 Max: 21.64
Current: 2.98
ASX:HGO's Interest Coverage is ranked worse than 93.25% of 1319
companies
in the Metals & Mining industry
Industry Median: No Debt
vs ASX:HGO: 2.98
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 .
Hillgrove Resources Interest Coverage Related Terms
Hillgrove Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hillgrove Resources'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:HGO vs SCCO, FCX: Interest Coverage Comparison
For the Copper subindustry, Hillgrove Resources'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.
Hillgrove Resources Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hillgrove Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hillgrove Resources'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.
Hillgrove Resources (ASX:HGO) has a Interest Coverage of 2.88 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hillgrove Resources and its competitors. This is near median its historical median of 2.98. Over the past decade, Hillgrove Resources' Interest Coverage has ranged from 1.94 to 21.64. According to the industry distribution chart, Hillgrove Resources ranks #1230 out of 1319 companies in the Metals & Mining industry, placing it in the top 93.3%.
Is Hillgrove Resources' Interest Coverage too high?
Hillgrove Resources' current Interest Coverage of 2.88 is near median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 21.64. The Metals & Mining industry median Interest Coverage is 10,000.00. Hillgrove Resources' value of 2.88 is 100% below this industry median. Based on the distribution chart, Hillgrove Resources ranks #1230 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Hillgrove Resources' Interest Coverage compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Hillgrove Resources ranks #1230 out of 1319 companies for Interest Coverage. This places Hillgrove Resources in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Hillgrove Resources' value of 2.88 is 100% below this benchmark. Historically, Hillgrove Resources' own Interest Coverage has ranged from 1.94 to 21.64 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 10,000.00, Hillgrove Resources has consistently been below the industry average. 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. Hillgrove Resources's current Interest Coverage of 2.88 is 100% 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 Hillgrove Resources 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. Hillgrove Resources's current Interest Coverage is 2.88, which is near median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillgrove Resources stock overvalued right now?
Hillgrove Resources (ASX:HGO) has a current Interest Coverage of 2.88. The current Interest Coverage is 2.88, which is near median its 10-year median of 2.98 and 100% below the Metals & Mining industry 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 Hillgrove Resources (ASX:HGO), the current Interest Coverage is 2.88 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.
Hillgrove Resources Ltd is a mineral exploration company located in the Adelaide Hills. It has completed open-pit mining at Kanmantoo. The group commenced development of an underground mine and completed the transition to underground copper production. Its Kanmantoo Copper Mine, located in South Australia's Tier 1 mining jurisdiction, has ramped up to an annual copper production rate of approximately 12,000 tonnes. It is also testing the next suite of potential targets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HGO has been successfully added to your 