SQX Resources (ASX:SQX) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


What is SQX Resources Interest Coverage?

SQX Resources ASX:SQX -8.93% Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 1 warning sign investors should review. Among 1,317 Metals & Mining companies, SQX Resources ranks worse than 75930.07% 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. SQX Resources's Operating Income for the six months ended in Dec. 2025 was A$-1.26 Mil. SQX Resources's Interest Expense for the six months ended in Dec. 2025 was A$0.00 Mil. SQX Resources has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


ASX:SQX'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.

SQX Resources  (ASX:SQX) 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 .

SQX Resources Interest Coverage Related Terms

SQX Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for SQX 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.

SQX Resources Interest Coverage Chart

SQX Resources Annual Data
Trend Jun23 Jun24 Jun25
Interest Coverage
No Debt 0.00 0.00

SQX Resources Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial No Debt N/A 0.00 0.00 No Debt

SQX Resources Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, SQX 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.

SQX Resources Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where SQX Resources's Interest Coverage falls into.


SQX Resources 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.

SQX Resources'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, SQX Resources's Interest Expense was A$-0.00 Mil. Its Operating Income was A$-1.03 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

SQX Resources did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2025, SQX Resources's Interest Expense was A$0.00 Mil. Its Operating Income was A$-1.26 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

SQX Resources had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
SQX Resources (ASX:SQX) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SQX Resources and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, SQX Resources ranks #999999 out of 1317 companies in the Metals & Mining industry.
Is SQX Resources' Interest Coverage too high?
SQX Resources' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Based on the distribution chart, SQX Resources ranks #999999 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does SQX Resources' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, SQX Resources ranks #999999 out of 1317 companies for Interest Coverage. This places SQX Resources 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 1,317 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 SQX 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. SQX Resources's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SQX Resources stock overvalued right now?
SQX Resources (ASX:SQX) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 SQX Resources (ASX:SQX), the current Interest Coverage is No Debt (1) 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.

SQX Resources Business Description

Address 349 Hay Street, Subiaco, Perth, WA, AUS, 6008
SQX Resources Ltd is an early-stage exploration company. It engages in acquiring, exploring, evaluating, and exploiting mineral resource projects. Its mineral prospects comprise the Scrub Paddock Prospect and the Ollenburgs Prospect.