Cobre

Cobre Interest Coverage

The Interest Coverage Ratio of Cobre (CBE.AX) as of Oct 18, 2026 is -1.98. In the previous year, Interest Coverage Ratio was -4.84 — a change of -59.18% (higher).

Interest Coverage

-1.98

YoY

-59.18%

Last updated:

Interest Coverage Ratio of Cobre is 2024 -1.98 . Interest Coverage Ratio of Cobre was 2023 -4.84 . It decreases by -59.18% higher compared to the previous year.

The Cobre Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2020
-106.80 AUD
Jan 1, 2021
-38.36 AUD
Jan 1, 2022
-0.70 AUD
Jan 1, 2023
-4.84 AUD
Jan 1, 2024
-1.98 AUD
The Cobre Interest Coverage history
YEARInterest CoverageYoY
-1.98-59.18%
-4.84+589.97%
-0.70-98.17%
-38.36-64.08%
-106.80—

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Cobre Stock analysis

What does Cobre do? Cobre Ltd, listed on the Australian Securities Exchange under the ticker CBE.AX, is a company operating in the Materials sector, specifically within Metals & Mining. Headquartered in Sydney, Australia, the company commenced public trading following its IPO on January 31, 2020. Cobre Ltd focuses on mineral exploration, particularly targeting copper and silver deposits. The company holds a 100% interest in a significant land package within the KCB (Kalahari Copper Belt) region, which is considered prospective for mineral exploration. Its exploration projects are spread across Botswana and Western Australia. In Botswana, Cobre Ltd manages several projects including the Ngami Copper Project (NCP), Kitlanya West Copper Project, Okavango Copper Project, and Kitlanya East. The NCP project encompasses two large anticlinal features, while the Kitlanya West Copper Project spans the northern margin of the KCB, covering an estimated 500 kilometers of the D’Kar / Ngwako Pan Formation contact. Kitlanya East is situated south of Sandfire Resources' Motheo Production hub. In Western Australia, the company oversees the Perrinvale Project, located approximately 260 kilometers northwest of Kalgoorlie within the Yilgarn Craton, and the Sandiman Project, situated in the Upper Gascoyne Shire. The company's operations are centered on exploration activities, with no mention of production or mining activities in the provided information. Cobre Ltd's website is www.cobre.com.au, where further details about its projects and exploration efforts can be found. Cobre is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cobre stock

Interest Coverage Ratio of Cobre is -1.98 in 2024.

Interest Coverage Ratio of Cobre changed from -4.84 to -1.98, representing a -59.18% change. The value is higher than the previous year.

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

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