Leo Lithium (ASX:LLL) Interest Coverage: 0 (At Loss) (As of Jun. 2025)


ASX:LLL Leo Lithium Ltd ASX:LLL
22 GF Score
Price A$0.51
! 2 Warning Signs
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What is Leo Lithium Interest Coverage?

Leo Lithium ASX:LLL 22 Interest Coverage is 0 (At Loss) as of Jun. 2025. GuruFocus rates ASX:LLL with a GF Score™ of 22/100. The stock has 2 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. Leo Lithium's Operating Income for the six months ended in Jun. 2025 was A$-4.42 Mil. Leo Lithium's Interest Expense for the six months ended in Jun. 2025 was A$-0.04 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


ASX:LLL's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.

Leo Lithium  (ASX:LLL) 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 .

Leo Lithium Interest Coverage Related Terms

Leo Lithium Interest Coverage Historical Data

* Premium members only.

The historical data trend for Leo Lithium'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.

Leo Lithium Interest Coverage Chart

Leo Lithium Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt 0.00 0.00 0.00

Leo Lithium Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Interest Coverage Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

ASX:LLL vs LITM, XPL, TMRC: Interest Coverage Comparison

For the Other Industrial Metals & Mining subindustry, Leo Lithium'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.

Leo Lithium Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Leo Lithium's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Leo Lithium's Interest Coverage falls into.


ASX:LLL
22GF Score
Leo Lithium Ltd ASX:LLL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Leo Lithium 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.

Leo Lithium's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Leo Lithium's Interest Expense was A$-0.09 Mil. Its Operating Income was A$-21.45 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.91 Mil.

Leo Lithium did not have earnings to cover the interest expense.

Leo Lithium's Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Here, for the six months ended in Jun. 2025, Leo Lithium's Interest Expense was A$-0.04 Mil. Its Operating Income was A$-4.42 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.79 Mil.

Leo Lithium 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?
Leo Lithium (ASX:LLL) has a Interest Coverage of 0 (At Loss) as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Leo Lithium and its competitors.
Is Leo Lithium's Interest Coverage too high?
Leo Lithium's current Interest Coverage is 0 (At Loss). Overall, Leo Lithium has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Leo Lithium's Interest Coverage compare to LITM and XPL?
Leo Lithium's Interest Coverage of 0 (At Loss) can be compared against companies in the Metals & Mining industry. The industry median Interest Coverage is 10,000.00. 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. 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 Leo Lithium 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. Leo Lithium'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 Leo Lithium stock overvalued right now?
Leo Lithium (ASX:LLL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Leo Lithium's overall GF Score™ is 22/100 with 2 warning signs to review. 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 Leo Lithium (ASX:LLL), the current Interest Coverage is 0 (At Loss) as of Jun. 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.

Leo Lithium Business Description

Address 16 Ventnor Avenue, Level 2, West Perth, WA, AUS, 6005
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina Project and exploration for minerals.
22GF Score

Get the complete analysis for ASX:LLL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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