TSPCF (Cleanaway Waste Management) Interest Coverage: 2.11 (As of Dec. 2025) — 40% Below Median


TSPCF Cleanaway Waste Management Ltd TSPCF
85 GF Score
Price $1.58
GF Value $2.27
Valuation Possible Value Trap
! 6 Warning Signs
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What is Cleanaway Waste Management Interest Coverage?

Cleanaway Waste Management TSPCF -4.53% 85 Interest Coverage is 2.11 as of Dec. 2025, which is 40% below its 10-year median of 3.53. GuruFocus rates TSPCF with a GF Score™ of 85/100 and a GF Value™ of $2.27 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 163 Waste Management companies, Cleanaway Waste Management ranks worse than 77.3% 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. Cleanaway Waste Management's Operating Income for the six months ended in Dec. 2025 was $85 Mil. Cleanaway Waste Management's Interest Expense for the six months ended in Dec. 2025 was $-40 Mil. Cleanaway Waste Management's interest coverage for the quarter that ended in Dec. 2025 was 2.11. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Cleanaway Waste Management Ltd interest coverage is 2.56, which is low.

The historical rank and industry rank for Cleanaway Waste Management's Interest Coverage or its related term are showing as below:

TSPCF' s Interest Coverage Range Over the Past 10 Years
Min: 1.46   Med: 3.53   Max: 10.62
Current: 2.56


TSPCF's Interest Coverage is ranked worse than
77.3% of 163 companies
in the Waste Management industry
Industry Median: 5.87 vs TSPCF: 2.56

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


Cleanaway Waste Management  (OTCPK:TSPCF) 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 .


Cleanaway Waste Management Interest Coverage Related Terms


Cleanaway Waste Management Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Interest Coverage Chart

Cleanaway Waste Management Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.62 4.17 1.47 2.92 3.17

Cleanaway Waste Management Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 2.85 3.22 3.13 2.11

TSPCF vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Cleanaway Waste Management'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.


Cleanaway Waste Management Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's Interest Coverage falls into.


TSPCF
85GF Score
Cleanaway Waste Management Ltd TSPCF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleanaway Waste Management 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.

Cleanaway Waste Management'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, Cleanaway Waste Management's Interest Expense was $-63 Mil. Its Operating Income was $199 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,035 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*198.763/-62.63
=3.17

Cleanaway Waste Management's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Cleanaway Waste Management's Interest Expense was $-40 Mil. Its Operating Income was $85 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,495 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*85.116/-40.399
=2.11

* 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 2.11 mean?
Cleanaway Waste Management (TSPCF) has a Interest Coverage of 2.11 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cleanaway Waste Management and its competitors. This is 40% below median its historical median of 3.53. Over the past decade, Cleanaway Waste Management's Interest Coverage has ranged from 1.46 to 10.62. According to the industry distribution chart, Cleanaway Waste Management ranks #126 out of 163 companies in the Waste Management industry, placing it in the top 77.3%.
Is Cleanaway Waste Management's Interest Coverage too high?
Cleanaway Waste Management's current Interest Coverage of 2.11 is 40% below median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 10.62. The Waste Management industry median Interest Coverage is 5.87. Cleanaway Waste Management's value of 2.11 is 64.1% below this industry median. Based on the distribution chart, Cleanaway Waste Management ranks #126 out of 163 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Cleanaway Waste Management has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Waste Management's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Waste Management ranks #126 out of 163 companies for Interest Coverage. This places Cleanaway Waste Management in the lower half of its industry. The industry median Interest Coverage is 5.87. Cleanaway Waste Management's value of 2.11 is 64.1% below this benchmark. Historically, Cleanaway Waste Management's own Interest Coverage has ranged from 1.46 to 10.62 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 5.87, Cleanaway Waste Management 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 163 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. Cleanaway Waste Management's current Interest Coverage of 2.11 is 64.1% 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 Cleanaway Waste Management and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Waste Management's current Interest Coverage is 2.11, which is 40% below median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Waste Management (TSPCF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.27, compared to a current price of $1.58 — trading 30.4% below its estimated fair value. The current Interest Coverage is 2.11, which is 40% below median its 10-year median of 3.53 and 64.1% below the Waste Management industry median of 5.87. Cleanaway Waste Management's overall GF Score™ is 85/100 with 6 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 Cleanaway Waste Management (TSPCF), the current Interest Coverage is 2.11 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 Cleanaway Waste Management (TSPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Waste Management stock appears to be undervalued. The current stock price of $1.58 is trading 30.4% below its estimated GF Value™ of $2.27. GuruFocus considers Cleanaway Waste Management to be Possible Value Trap.

Key valuation signals for TSPCF:

  • Interest Coverage: 2.11 (40% below median its 10-year median of 3.53)
  • GF Value™: $2.27 vs. price of $1.58 (30.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 64.1% below the Waste Management median (#126 of 163)

No single metric tells the full story. See the TSPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cleanaway Waste Management Business Description

Other Exchanges TG9:GermanyCWY:Australia
Address No: 441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.
85GF Score

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

$1.58
Price
$2.27
GF Value