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Asian Battery Metals (STU:UKN) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Asian Battery Metals Interest Coverage?

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. Asian Battery Metals's Operating Income for the six months ended in Dec. 2024 was €-0.29 Mil. Asian Battery Metals's Interest Expense for the six months ended in Dec. 2024 was €0.00 Mil. Asian Battery Metals 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 Asian Battery Metals's Interest Coverage or its related term are showing as below:


STU:UKN'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.


Asian Battery Metals Interest Coverage Historical Data

The historical data trend for Asian Battery Metals'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.

* Premium members only.

Asian Battery Metals Interest Coverage Chart

Asian Battery Metals Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Asian Battery Metals Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt - No Debt

Competitive Comparison of Asian Battery Metals's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Asian Battery Metals'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.


Asian Battery Metals's Interest Coverage Distribution in the Metals & Mining Industry

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

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


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Asian Battery Metals 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.

Asian Battery Metals's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Asian Battery Metals's Interest Expense was €0.00 Mil. Its Operating Income was €-3.52 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Asian Battery Metals had no debt (1).

Asian Battery Metals's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Asian Battery Metals's Interest Expense was €0.00 Mil. Its Operating Income was €-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Asian Battery Metals 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.


Asian Battery Metals  (STU:UKN) 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 .


Asian Battery Metals Interest Coverage Related Terms

Thank you for viewing the detailed overview of Asian Battery Metals's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Asian Battery Metals Business Description

Traded in Other Exchanges
Address
88 William Street, Level 3, Perth, WA, AUS, 6000
Asian Battery Metals PLC an Australian exploration company that is exploring critical battery minerals in Mongolia. Its project include Khukh Tag graphite project, Tsagaan Ders lithium project, Oval Ni-Cu-PGE (Yambat) project, etc.

Asian Battery Metals Headlines

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