Elixir Energy Stock

Elixir Energy Net Debt/Equity

The Net Debt to Equity Ratio of Elixir Energy (EXR.AX) as of Aug 4, 2026 is -0.23. In the previous year, Net Debt to Equity Ratio was -0.02 — a change of 847.27% (lower).

Net Debt/Equity

-0.23

YoY

847.27%

Last updated:

Net Debt to Equity Ratio of Elixir Energy is 2026 -0.23 . Net Debt to Equity Ratio of Elixir Energy was 2025 -0.02 . It decreases by 847.27% lower compared to the previous year.
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Elixir Energy Stock analysis

What does Elixir Energy do? Elixir Energy Ltd is an Australian company specializing in the exploration and development of coal gas deposits in Mongolia. The company was founded in 2005 and is headquartered in Sydney, Australia. The company was founded by experienced geologist Neil Young, who had previously established several successful companies in the oil and gas industry and was looking for new challenges. He saw great potential in Mongolia, which is rich in coal deposits and increasingly opening up for energy exports. In 2017, Elixir Energy obtained an exploration license from the Mongolian government. Since then, the company has been working intensively to maximize the potential of coal deposits in the licensed area and develop a plan for coal gas development. Elixir Energy's business model focuses on the exploration and development of coal gas deposits in Mongolia. The company has obtained an exploration license for a vast area of approximately 30,000 square kilometers called Nomgon IX. Nomgon IX is located in the south of Mongolia and is considered a promising area for coal gas development. Elixir Energy works closely with the Mongolian government to obtain the necessary permits for coal gas development. The company also collaborates with local communities and other partners to ensure that the development of coal gas resources in the region is conducted responsibly and meets the needs of local communities and environmental conditions. In addition to its main focus on coal gas exploration and development, Elixir Energy also has other business areas, including collaboration with partners in the region to promote the use of renewable energy. Elixir Energy is primarily engaged in the exploration and development of coal gas deposits. However, the company has also conducted research and development work to determine the potential of coal gas resources in the licensed area. The company has employed a variety of technologies, including geological surveys, drilling, and geophysical measurements, to develop a deep understanding of coal gas resources in Nomgon IX. Elixir Energy is working closely with partners in the region to promote the use of renewable energy. The company is working to expand clean energy options in the region and reduce dependence on fossil fuels. Elixir Energy is primarily an exploration and development company focused on the development of coal gas deposits in Mongolia. The company currently does not produce any commercial products. In conclusion, Elixir Energy Ltd is an Australian company specializing in the exploration and development of coal gas deposits in Mongolia. The company has obtained an exploration license for a vast area of approximately 30,000 square kilometers called Nomgon IX. The goal of Elixir Energy is to maximize the potential of coal gas resources in Nomgon IX and develop a responsible and environmentally friendly plan for coal gas development. Elixir Energy works closely with the Mongolian government and other partners to ensure that the development of coal gas resources in the region meets the needs of local communities and environmental conditions. Elixir Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Elixir Energy stock

Net Debt to Equity Ratio of Elixir Energy is -0.23 in 2026.

Net Debt to Equity Ratio of Elixir Energy changed from -0.02 to -0.23, representing a 847.27% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Elixir Energy since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Elixir Energy with sector peers and the industry average to assess whether it is attractive.

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Leverage — Elixir Energy

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