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. Metal Powder Works's
Operating Income
for the
six
months ended in Dec. 2025 was A$-3.75 Mil. Metal Powder Works's Interest Expense for the
six
months ended in Dec. 2025 was A$-0.01 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 Metal Powder Works's Interest Coverage or its related term are showing as below:
ASX:MPW's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt * Ranked among companies with meaningful Interest Coverage only.
Metal Powder Works (ASX:MPW) 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 .
Metal Powder Works Interest Coverage Related Terms
Metal Powder Works Interest Coverage Historical Data
* Premium members only.
The historical data trend for Metal Powder Works'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.
Metal Powder Works Interest Coverage Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Metal Powder Works'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.
Metal Powder Works Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metal Powder Works's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Metal Powder Works'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:
Metal Powder Works 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.
What does a Interest Coverage of 0 (At Loss) mean?
Metal Powder Works (ASX:MPW) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Metal Powder Works and its competitors. According to the industry distribution chart, Metal Powder Works ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Metal Powder Works' Interest Coverage too high?
Metal Powder Works' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Metal Powder Works ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Metal Powder Works has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metal Powder Works' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Metal Powder Works ranks #999999 out of 1319 companies for Interest Coverage. This places Metal Powder Works in the lower half of its 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 Metal Powder Works 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. Metal Powder Works'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 Metal Powder Works stock overvalued right now?
Based on GuruFocus' analysis, Metal Powder Works (ASX:MPW) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.13, compared to a current price of A$1.76 — trading 1253.8% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Metal Powder Works' overall GF Score™ is 52/100 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 Metal Powder Works (ASX:MPW), the current Interest Coverage is 0 (At Loss) 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 Metal Powder Works (ASX:MPW) Overvalued in 2026?
Based on GuruFocus' analysis, Metal Powder Works stock appears to be overvalued.
The current stock price of A$1.76 is trading 1253.8% above its estimated GF Value™ of A$0.13.
GuruFocus considers Metal Powder Works to be Significantly Overvalued.
Key valuation signals for ASX:MPW:
Interest Coverage: 0 (At Loss)
GF Value™: A$0.13 vs. price of A$1.76 (1253.8% above fair value)
No single metric tells the full story. See the ASX:MPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metal Powder Works Ltd is focused on producing high-quality metal powders for additive manufacturing. The company is engaged in two segments -Welding Technology in which there is development and commercialisation of proprietary high-speed precision welding solutions that improve the economics of fabrication and second is Metal Powders which includes Manufacture and supply of high-quality metal powders and related technologies for advanced manufacturing, additive manufacturing (3D printing), and other industrial applications.
52GF Score
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