Mineral ResourcesASX:MIN +1.40%82 Interest Coverage is 2.51 as of Dec. 2025, which is 52% below its 10-year median of 5.27. GuruFocus rates ASX:MIN with a GF Score™ of 82/100 and a GF Value™ of A$72.21 (Fairly Valued). The stock has 12 warning signs investors should review. Among 1,318 Metals & Mining companies, Mineral Resources ranks worse than 95.98% 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. Mineral Resources's
Operating Income
for the
six
months ended in Dec. 2025 was A$675 Mil. Mineral Resources's Interest Expense for the
six
months ended in Dec. 2025 was A$-269 Mil.
Mineral Resources's interest coverage for the quarter that ended in Dec. 2025 was 2.51.
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. Mineral Resources Ltd interest coverage is 1.94, which is low.
The historical rank and industry rank for Mineral Resources's Interest Coverage or its related term are showing as below:
ASX:MIN'
s Interest Coverage Range Over the Past 10 Years
Min: 1.94 Med: 5.27 Max: 35.56
Current: 1.94
ASX:MIN's Interest Coverage is ranked worse than 95.98% of 1318
companies
in the Metals & Mining industry
Industry Median: No Debt
vs ASX:MIN: 1.94
Mineral Resources (ASX:MIN) 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 .
Mineral Resources Interest Coverage Related Terms
Mineral Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mineral 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.
Mineral Resources Interest Coverage Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral 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.
Mineral Resources Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mineral 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.
Mineral Resources (ASX:MIN) has a Interest Coverage of 2.51 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mineral Resources and its competitors. This is 52% below median its historical median of 5.27. Over the past decade, Mineral Resources' Interest Coverage has ranged from 1.94 to 35.56. According to the industry distribution chart, Mineral Resources ranks #1265 out of 1318 companies in the Metals & Mining industry, placing it in the top 96%.
Is Mineral Resources' Interest Coverage too high?
Mineral Resources' current Interest Coverage of 2.51 is 52% below median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 35.56. The Metals & Mining industry median Interest Coverage is 10,000.00. Mineral Resources' value of 2.51 is 100% below this industry median. Based on the distribution chart, Mineral Resources ranks #1265 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mineral Resources has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #1265 out of 1318 companies for Interest Coverage. This places Mineral Resources in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Mineral Resources' value of 2.51 is 100% below this benchmark. Historically, Mineral Resources' own Interest Coverage has ranged from 1.94 to 35.56 over the past decade. While the company's 10-year median is 5.27 vs. the industry median of 10,000.00, Mineral 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 1,318 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. Mineral Resources's current Interest Coverage of 2.51 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 Mineral 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. Mineral Resources's current Interest Coverage is 2.51, which is 52% below median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Fairly Valued. The stock's GF Value™ is A$72.21, compared to a current price of A$65.86 — trading 8.8% below its estimated fair value. The current Interest Coverage is 2.51, which is 52% below median its 10-year median of 5.27 and 100% below the Metals & Mining industry median of 10,000.00. Mineral Resources' overall GF Score™ is 82/100 with 12 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 Mineral Resources (ASX:MIN), the current Interest Coverage is 2.51 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.
Is Mineral Resources (ASX:MIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of A$65.86 is trading 8.8% below its estimated GF Value™ of A$72.21.
GuruFocus considers Mineral Resources to be Fairly Valued.
Key valuation signals for ASX:MIN:
Interest Coverage: 2.51 (52% below median its 10-year median of 5.27)
GF Value™: A$72.21 vs. price of A$65.86 (8.8% below fair value)
Industry Position: 100% below the Metals & Mining median (#1265 of 1318)
No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
82GF Score
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