AltynEX Co JSC (XKAZ:ATEC) Interest Coverage: 4.88 (As of Mar. 2026) — 97% Below Median


What is AltynEX Co JSC Interest Coverage?

AltynEX Co JSC XKAZ:ATEC Interest Coverage is 4.88 as of Mar. 2026, which is 97% below its 10-year median of 149.45. The stock has 4 warning signs investors should review.

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. AltynEX Co JSC's Operating Income for the three months ended in Mar. 2026 was ₸2,695 Mil. AltynEX Co JSC's Interest Expense for the three months ended in Mar. 2026 was ₸-552 Mil. AltynEX Co JSC's interest coverage for the quarter that ended in Mar. 2026 was 4.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for AltynEX Co JSC's Interest Coverage or its related term are showing as below:

XKAZ:ATEC' s Interest Coverage Range Over the Past 10 Years
Min: 14.94   Med: 149.45   Max: 716.05
Current: 34.88


XKAZ:ATEC's Interest Coverage is not ranked
in the Metals & Mining industry.
Industry Median: No Debt vs XKAZ:ATEC: 34.88

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


AltynEX Co JSC  (XKAZ:ATEC) 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 .


AltynEX Co JSC Interest Coverage Related Terms


AltynEX Co JSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for AltynEX Co JSC'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.

AltynEX Co JSC Interest Coverage Chart

AltynEX Co JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.98 103.38 41.72 182.92 478.92

AltynEX Co JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 315.89 4.30 410.97 0.00 4.88

XKAZ:ATEC vs RAEWF, GRMXD: Interest Coverage Comparison

For the Other Industrial Metals & Mining subindustry, AltynEX Co JSC'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.


AltynEX Co JSC Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where AltynEX Co JSC's Interest Coverage falls into.



AltynEX Co JSC 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.

AltynEX Co JSC'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, AltynEX Co JSC's Interest Expense was ₸-47 Mil. Its Operating Income was ₸22,317 Mil. And its Long-Term Debt & Capital Lease Obligation was ₸0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*22316.903/-46.598
=478.92

AltynEX Co JSC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, AltynEX Co JSC's Interest Expense was ₸-552 Mil. Its Operating Income was ₸2,695 Mil. And its Long-Term Debt & Capital Lease Obligation was ₸0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2694.643/-551.958
=4.88

* 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 4.88 mean?
AltynEX Co JSC (XKAZ:ATEC) has a Interest Coverage of 4.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AltynEX Co JSC and its competitors. This is 97% below median its historical median of 149.45. Over the past decade, AltynEX Co JSC's Interest Coverage has ranged from 14.94 to 716.05.
Is AltynEX Co JSC's Interest Coverage too high?
AltynEX Co JSC's current Interest Coverage of 4.88 is 97% below median its 10-year median of 149.45. Over the past 10 years, this metric has ranged from a low of 14.94 to a high of 716.05. The Metals & Mining industry median Interest Coverage is 10,000.00. AltynEX Co JSC's value of 4.88 is 100% below this industry median.
How does AltynEX Co JSC's Interest Coverage compare to RAEWF and GRMXD?
AltynEX Co JSC's Interest Coverage of 4.88 can be compared against companies in the Metals & Mining industry. The industry median Interest Coverage is 10,000.00. AltynEX Co JSC's value of 4.88 is 100% below this benchmark. Historically, AltynEX Co JSC's own Interest Coverage has ranged from 14.94 to 716.05 over the past decade. While the company's 10-year median is 149.45 vs. the industry median of 10,000.00, AltynEX Co JSC 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,316 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. AltynEX Co JSC's current Interest Coverage of 4.88 is 100% 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 AltynEX Co JSC 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. AltynEX Co JSC's current Interest Coverage is 4.88, which is 97% below median its own 10-year median of 149.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltynEX Co JSC stock overvalued right now?
AltynEX Co JSC (XKAZ:ATEC) has a current Interest Coverage of 4.88. The stock's GF Value™ is ₸376,474.01, compared to a current price of ₸338,871.70 — trading 10% below its estimated fair value. The current Interest Coverage is 4.88, which is 97% below median its 10-year median of 149.45 and 100% below the Metals & Mining industry 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 AltynEX Co JSC (XKAZ:ATEC), the current Interest Coverage is 4.88 as of Mar. 2026. 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.

AltynEX Co JSC Business Description

Address Street Bokenbai batyr 2, Business center Dastan, 5th floor, 12-microdistrict, Aktobe, KAZ
AltynEX Co JSC is a Kazakhstan-based gold mining company. The company plans to commission a mining and metallurgical plant at the Yubileynoye deposit in the Aktobe region. The facility is expected to extract and process gold-bearing ore and produce gold-silver alloy.