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MLG OzASX:MLG +3.70%33 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates ASX:MLG with a GF Score™ of 33/100 and a GF Value™ of A$0.71 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,332 Metals & Mining companies, MLG Oz ranks worse than 72.9% 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. MLG Oz's
Operating Income
for the
six
months ended in Jun. 2026 was A$12.1 Mil. MLG Oz's Interest Expense for the
six
months ended in Jun. 2026 was A$1.7 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 MLG Oz's Interest Coverage or its related term are showing as below:
ASX:MLG'
s Interest Coverage Range Over the Past 10 Years
Min: 4.93 Med: 15.51 Max: 30.43
Current: 30.43
ASX:MLG's Interest Coverage is ranked worse than 72.9% of 1332
companies
in the Metals & Mining industry
Industry Median: No Debt
vs ASX:MLG: 30.43
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 .
MLG Oz Interest Coverage Related Terms
MLG Oz Interest Coverage Historical Data
* Premium members only.
The historical data trend for MLG Oz'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.
For the Other Industrial Metals & Mining subindustry, MLG Oz'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.
MLG Oz Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MLG Oz'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.
What does a Interest Coverage of 0 (At Loss) mean?
MLG Oz (ASX:MLG) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MLG Oz and its competitors. Over the past decade, MLG Oz's Interest Coverage has ranged from 4.93 to 30.43. According to the industry distribution chart, MLG Oz ranks #971 out of 1332 companies in the Metals & Mining industry, placing it in the top 72.9%.
Is MLG Oz's Interest Coverage too high?
MLG Oz's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 4.93 to a high of 30.43. Based on the distribution chart, MLG Oz ranks #971 out of 1332 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MLG Oz has a GF Score™ of 33/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #971 out of 1332 companies for Interest Coverage. This places MLG Oz in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Historically, MLG Oz's own Interest Coverage has ranged from 4.93 to 30.43 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 a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,332 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 MLG Oz 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. MLG Oz'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 MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.71, compared to a current price of A$0.84 — trading 18.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). MLG Oz's overall GF Score™ is 33/100 with 4 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 MLG Oz (ASX:MLG), the current Interest Coverage is 0 (At Loss) as of Jun. 2026. 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 MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be overvalued.
The current stock price of A$0.84 is trading 18.3% above its estimated GF Value™ of A$0.71.
GuruFocus considers MLG Oz to be Modestly Overvalued.
Key valuation signals for ASX:MLG:
Interest Coverage: 0 (At Loss)
GF Value™: A$0.71 vs. price of A$0.84 (18.3% above fair value)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
33GF Score
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