MLG Oz (ASX:MLG) Interest Coverage: 4.80 (As of Dec. 2025) — 63% Below Median


ASX:MLG MLG Oz Ltd ASX:MLG
43 GF Score
Price A$0.69
GF Value A$0.75
Valuation Fairly Valued
! 5 Warning Signs
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What is MLG Oz Interest Coverage?

MLG Oz ASX:MLG -1.44% 43 Interest Coverage is 4.80 as of Dec. 2025, which is 63% below its 10-year median of 12.94. GuruFocus rates ASX:MLG with a GF Score™ of 43/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,315 Metals & Mining companies, MLG Oz ranks worse than 72.47% 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 Dec. 2025 was A$11.7 Mil. MLG Oz's Interest Expense for the six months ended in Dec. 2025 was A$-2.4 Mil. MLG Oz's interest coverage for the quarter that ended in Dec. 2025 was 4.80. 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: 12.94   Max: 23.9
Current: 23.9


ASX:MLG's Interest Coverage is ranked worse than
72.47% of 1315 companies
in the Metals & Mining industry
Industry Median: No Debt vs ASX:MLG: 23.90

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


MLG Oz  (ASX:MLG) 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 .


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.

MLG Oz Interest Coverage Chart

MLG Oz Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
11.04 12.94 4.93 19.26 18.07

MLG Oz Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.98 0.00 2.39 0.00 4.80

MLG Oz Interest Coverage Competitor Comparison

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.


ASX:MLG
43GF Score
MLG Oz Ltd ASX:MLG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MLG Oz 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.

MLG Oz'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, MLG Oz's Interest Expense was A$-1.0 Mil. Its Operating Income was A$18.3 Mil. And its Long-Term Debt & Capital Lease Obligation was A$46.7 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*18.304/-1.013
=18.07

MLG Oz's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, MLG Oz's Interest Expense was A$-2.4 Mil. Its Operating Income was A$11.7 Mil. And its Long-Term Debt & Capital Lease Obligation was A$49.9 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*11.675/-2.434
=4.80

* 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 4.80 mean?
MLG Oz (ASX:MLG) has a Interest Coverage of 4.80 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MLG Oz and its competitors. This is 63% below median its historical median of 12.94. Over the past decade, MLG Oz's Interest Coverage has ranged from 4.93 to 23.90. According to the industry distribution chart, MLG Oz ranks #953 out of 1315 companies in the Metals & Mining industry, placing it in the top 72.5%.
Is MLG Oz's Interest Coverage too high?
MLG Oz's current Interest Coverage of 4.80 is 63% below median its 10-year median of 12.94. Over the past 10 years, this metric has ranged from a low of 4.93 to a high of 23.90. The Metals & Mining industry median Interest Coverage is 10,000.00. MLG Oz's value of 4.80 is 100% below this industry median. Based on the distribution chart, MLG Oz ranks #953 out of 1315 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MLG Oz has a GF Score™ of 43/100 and is considered Fairly Valued, 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 #953 out of 1315 companies for Interest Coverage. This places MLG Oz in the lower half of its industry. The industry median Interest Coverage is 10,000.00. MLG Oz's value of 4.80 is 100% below this benchmark. Historically, MLG Oz's own Interest Coverage has ranged from 4.93 to 23.90 over the past decade. While the company's 10-year median is 12.94 vs. the industry median of 10,000.00, MLG Oz 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 1,315 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. MLG Oz's current Interest Coverage of 4.80 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 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 4.80, which is 63% below median its own 10-year median of 12.94. 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 Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.69 — trading 8.7% below its estimated fair value. The current Interest Coverage is 4.80, which is 63% below median its 10-year median of 12.94 and 100% below the Metals & Mining industry median of 10,000.00. MLG Oz's overall GF Score™ is 43/100 with 5 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 4.80 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 MLG Oz (ASX:MLG) Overvalued in 2026?

Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued. The current stock price of A$0.69 is trading 8.7% below its estimated GF Value™ of A$0.75. GuruFocus considers MLG Oz to be Fairly Valued.

Key valuation signals for ASX:MLG:

  • Interest Coverage: 4.80 (63% below median its 10-year median of 12.94)
  • GF Value™: A$0.75 vs. price of A$0.69 (8.7% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 100% below the Metals & Mining median (#953 of 1315)

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 Business Description

Address 10 Yindi Way, Broadwood, Kalgoorlie, WA, AUS, 6430
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.
43GF Score

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

A$0.69
Price
A$0.75
GF Value