Erdene Resource Development

Erdene Resource Development Interest Coverage

The Interest Coverage Ratio of Erdene Resource Development (ERD.TO) as of Oct 9, 2026 is -2.43. In the previous year, Interest Coverage Ratio was 1.96 — a change of -224.30% (lower).

Interest Coverage

-2.43

YoY

-224.30%

Last updated:

Interest Coverage Ratio of Erdene Resource Development is 2024 -2.43 . Interest Coverage Ratio of Erdene Resource Development was 2023 1.96 . It decreases by -224.30% lower compared to the previous year.

The Erdene Resource Development Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-82.38 CAD
Jan 1, 2018
-61.93 CAD
Jan 1, 2019
-16.92 CAD
Jan 1, 2020
-2.22 CAD
Jan 1, 2021
38.13 CAD
Jan 1, 2022
200.59 CAD
Jan 1, 2023
1.96 CAD
Jan 1, 2024
-2.43 CAD
The Erdene Resource Development Interest Coverage history
YEARInterest CoverageYoY
-2.43-224.30%
1.96-99.03%
200.59+426.05%
38.13-1,817.34%
-2.22-86.87%
-16.92-72.69%
-61.93-24.82%
-82.38-77.22%
-361.58+61.33%
-224.12-14.43%
-261.91—
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Erdene Resource Development Stock analysis

What does Erdene Resource Development do? Erdene Resource Development is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Erdene Resource Development stock

Interest Coverage Ratio of Erdene Resource Development is -2.43 in 2024.

Interest Coverage Ratio of Erdene Resource Development changed from 1.96 to -2.43, representing a -224.30% change. The value is lower than the previous year.

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

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Leverage — Erdene Resource Development

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