Metals One (LSE:MET1) Interest Coverage: 0 (At Loss) (As of Dec. 2025)

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What is Metals One Interest Coverage?

Metals One LSE:MET1 -0.23% Interest Coverage is 0 (At Loss) as of Dec. 2025. The stock has 1 warning sign investors should review. Among 1,318 Metals & Mining companies, Metals One ranks worse than 75872.46% 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. Metals One's Operating Income for the six months ended in Dec. 2025 was £-5.06 Mil. Metals One's Interest Expense for the six months ended in Dec. 2025 was £-0.00 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 Metals One's Interest Coverage or its related term are showing as below:


LSE:MET1'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.


Metals One  (LSE:MET1) 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 .


Metals One Interest Coverage Related Terms


Metals One Interest Coverage Historical Data

* Premium members only.

The historical data trend for Metals One'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.

Metals One Interest Coverage Chart

Metals One Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
No Debt No Debt No Debt No Debt 0.00

Metals One Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt 0.00 0.00

Metals One Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Metals One'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.


Metals One Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Metals One's Interest Coverage falls into.



Metals One 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.

Metals One's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Metals One's Interest Expense was £-0.01 Mil. Its Operating Income was £-6.41 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Metals One did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2025, Metals One's Interest Expense was £-0.00 Mil. Its Operating Income was £-5.06 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Metals One 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.

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 0 (At Loss) mean?
Metals One (LSE:MET1) 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 Metals One and its competitors. According to the industry distribution chart, Metals One ranks #999999 out of 1318 companies in the Metals & Mining industry.
Is Metals One's Interest Coverage too high?
Metals One's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Metals One ranks #999999 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Metals One's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Metals One ranks #999999 out of 1318 companies for Interest Coverage. This places Metals One 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 1,318 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. 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 Metals One 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. Metals One'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 Metals One stock overvalued right now?
Metals One (LSE:MET1) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Metals One (LSE:MET1), 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.

Metals One Business Description

Other Exchanges MET1l:UKHT70:Germany
Address 25 Eccleston Place, Central Working Victoria, Eccleston Yards, London, GBR, SW1W 9NF
Metals One PLC is acquiring opportunities in natural resources projects with identified battery metals, including nickel, lithium, cobalt, and copper. It operates critical battery metals projects in Finland and Norway. The firm is developing brownfield projects namely Black Schist Projects located in Finland and Brownfield Rana Project located in Norway.