Cleo Diagnostics

Cleo Diagnostics Interest Coverage

The Interest Coverage Ratio of Cleo Diagnostics (COV.AX) as of Nov 3, 2026 is -136.34. In the previous year, Interest Coverage Ratio was -14.31 — a change of 852.59% (lower).

Interest Coverage

-136.34

YoY

852.59%

Last updated:

Interest Coverage Ratio of Cleo Diagnostics is 2024 -136.34 . Interest Coverage Ratio of Cleo Diagnostics was 2023 -14.31 . It decreases by 852.59% lower compared to the previous year.

The Cleo Diagnostics Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2022
-29.14 AUD
Jan 1, 2023
-14.31 AUD
Jan 1, 2024
-136.34 AUD
The Cleo Diagnostics Interest Coverage history
YEARInterest CoverageYoY
-136.34+852.59%
-14.31-50.88%
-29.14—

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Cleo Diagnostics Stock analysis

What does Cleo Diagnostics do? Cleo Diagnostics Ltd develops non-invasive blood-based IVD tests for ovarian cancer detection. The company's three-phased strategy includes the Triage Test for pre-surgical assessment of ovarian masses, the Recurrence Test for post-surgical monitoring of cancer recurrence, and the Screening Test for early detection in asymptomatic women. The CLEO Test Kit detects the protein biomarker CXCL10 in blood samples. These products target healthcare providers, oncologists, and diagnostic laboratories seeking advanced tools for ovarian cancer management. The company generates revenue through the sale of these diagnostic tests and kits to medical institutions and laboratories in Australia and potentially international markets. The Triage Test helps determine malignancy before oncologist referral, the Recurrence Test identifies cancer recurrence after surgery and chemotherapy, and the Screening Test enables early detection in symptom-free women. Cleo Diagnostics Ltd focuses on delivering these specialized tests to address unmet needs in ovarian cancer diagnostics. Revenue streams are derived from the commercialization of these three test phases and the CLEO Test Kit, targeting medical professionals and healthcare facilities requiring accurate and non-invasive diagnostic solutions. Cleo Diagnostics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cleo Diagnostics stock

Interest Coverage Ratio of Cleo Diagnostics is -136.34 in 2024.

Interest Coverage Ratio of Cleo Diagnostics changed from -14.31 to -136.34, representing a 852.59% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Cleo Diagnostics 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 Cleo Diagnostics with sector peers and the industry average to assess whether it is attractive.

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Leverage — Cleo Diagnostics

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