Borealis Exploration

Borealis Exploration Interest Coverage

The Interest Coverage Ratio of Borealis Exploration (BOREF) as of Oct 10, 2026 is -2.03. In the previous year, Interest Coverage Ratio was -4.28 — a change of -52.64% (higher).

Interest Coverage

-2.03

YoY

-52.64%

Last updated:

Interest Coverage Ratio of Borealis Exploration is 2018 -2.03 . Interest Coverage Ratio of Borealis Exploration was 2017 -4.28 . It decreases by -52.64% higher compared to the previous year.

The Borealis Exploration Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2014
-12.59 USD
Jan 1, 2015
-19.04 USD
Jan 1, 2016
-7.21 USD
Jan 1, 2017
-4.28 USD
Jan 1, 2018
-2.03 USD
The Borealis Exploration Interest Coverage history
YEARInterest CoverageYoY
-2.03-52.64%
-4.28-40.68%
-7.21-62.12%
-19.04+51.23%
-12.59—
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Borealis Exploration Stock analysis

What does Borealis Exploration do? Borealis Exploration Ltd is a Canadian company specializing in the exploration, development, and production of natural resources. It was founded in 1999 and is based in Vancouver, British Columbia. The company started by searching for copper and gold deposits in Canada, but has since expanded its focus to include other resources such as zinc, nickel, cobalt, and platinum. Borealis Exploration Ltd operates in the high-risk, high-reward natural resources industry, with a business model centered around discovering and developing mineral deposits. It conducts geological surveys to identify mineral resources and takes on the risk of developing deposits in exchange for the right to produce and sell the resources. The company has multiple departments specializing in different resources and strives to conduct its operations in an environmentally sustainable manner. It produces a variety of resources including copper, gold, zinc, nickel, cobalt, platinum, palladium, and silver, which are used in both industrial applications and jewelry production. Borealis Exploration Ltd sells its products worldwide and is known for its quality standards. In conclusion, Borealis Exploration Ltd is a successful Canadian company specializing in the exploration and development of natural resources. It has a team of experts and access to modern technologies to discover and develop new deposits. The company produces a wide range of resources that are sold globally, with a focus on conducting environmentally sustainable activities to support sustainable development. Borealis Exploration is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Borealis Exploration stock

Interest Coverage Ratio of Borealis Exploration is -2.03 in 2018.

Interest Coverage Ratio of Borealis Exploration changed from -4.28 to -2.03, representing a -52.64% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Borealis Exploration since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Borealis Exploration with sector peers and the industry average to assess whether it is attractive.

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Leverage — Borealis Exploration

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