Comet Ridge

Comet Ridge Financial Leverage

The Financial Leverage (Equity Multiplier) of Comet Ridge (COI.AX) as of Sep 18, 2026 is 1.56. In the previous year, Financial Leverage (Equity Multiplier) was 1.66 — a change of -6.21% (lower).

Financial Leverage

1.56

YoY

-6.21%

Last updated:

Financial Leverage (Equity Multiplier) of Comet Ridge is 2026 1.56 . Financial Leverage (Equity Multiplier) of Comet Ridge was 2025 1.66 . It decreases by -6.21% lower compared to the previous year.

The Comet Ridge Financial Leverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Financial Leverage
Date
Financial Leverage
Jan 1, 2018
1.44 AUD
Jan 1, 2019
1.39 AUD
Jan 1, 2020
1.40 AUD
Jan 1, 2021
1.51 AUD
Jan 1, 2022
2.30 AUD
Jan 1, 2023
1.73 AUD
Jan 1, 2024
1.66 AUD
Jan 1, 2025
1.56 AUD
The Comet Ridge Financial Leverage history
YEARFinancial LeverageYoY
1.56-6.21%
1.66-4.18%
1.73-24.72%
2.30+52.09%
1.51+7.81%
1.40+0.85%
1.39-3.11%
1.44-7.30%
1.55+3.08%
1.50+6.72%
1.41+1.64%
1.39—
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Comet Ridge Stock analysis

What does Comet Ridge do? Comet Ridge Ltd. is an Australian company specializing in the exploration and production of unconventional natural gas. It was founded in 2005 and is headquartered in Brisbane, Australia. The company began exploring the Bowen Basin in Queensland for unconventional natural gas, specifically coal seam gas. It identified a significant potential for production and initiated planning and development activities in the region. Comet Ridge operates with a unique business model based on identifying opportunities for exploration and production of coal seam gas. It follows a strategy of joint operations, where it owns and operates multiple areas within its operating region, sharing operational liabilities with its partners. The company is divided into different business segments, including operational activities focused on the conversion of existing reserves into economically viable assets, as well as gas marketing, selling coal seam gas to various industries, representing an environmentally friendly strategy due to its lower greenhouse gas emissions. Comet Ridge also holds interests in a leading coal mine in Australia and a company specializing in compressor design and construction for the gas industry. In addition to coal seam gas, the company offers various products and services, including commercial and technical support. Overall, Comet Ridge Ltd. specializes in the exploration, production, and marketing of coal seam gas, implementing an environmentally sustainable strategy and reducing greenhouse gas emissions for a more sustainable future. Comet Ridge is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Comet Ridge stock

Financial Leverage (Equity Multiplier) of Comet Ridge is 1.56 in 2026.

Financial Leverage (Equity Multiplier) of Comet Ridge changed from 1.66 to 1.56, representing a -6.21% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Financial Leverage (Equity Multiplier) Comet Ridge since 2006 – with annual values, charts, and detailed analysis.

Financial leverage, also known as the equity multiplier, measures total assets relative to equity. Higher leverage amplifies both returns and risks.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Financial Leverage (Equity Multiplier)'s Comet Ridge with sector peers and the industry average to assess whether it is attractive.

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Leverage — Comet Ridge

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Comet Ridge