Gold Resource

Gold Resource Interest Coverage

The Interest Coverage Ratio of Gold Resource (GORO) as of Nov 14, 2026 is -15.79. In the previous year, Interest Coverage Ratio was -44.55 — a change of -64.55% (higher).

Interest Coverage

-15.79

YoY

-64.55%

Last updated:

Interest Coverage Ratio of Gold Resource is 2024 -15.79 . Interest Coverage Ratio of Gold Resource was 2023 -44.55 . It decreases by -64.55% higher compared to the previous year.

The Gold Resource Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
856.97 USD
Jan 1, 2018
17.69 USD
Jan 1, 2019
30.51 USD
Jan 1, 2020
206.48 USD
Jan 1, 2021
6.44 USD
Jan 1, 2022
4.56 USD
Jan 1, 2023
-44.55 USD
Jan 1, 2024
-15.79 USD
The Gold Resource Interest Coverage history
YEARInterest CoverageYoY
-15.79-64.55%
-44.55-1,077.57%
4.56-29.25%
6.44-96.88%
206.48+576.72%
30.51+72.47%
17.69-97.94%
856.97+13,494.48%
6.30+25.00%
5.04-96.21%
132.96—

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Gold Resource Stock analysis

What does Gold Resource do? Gold Resource Corp is a leading company in the precious metal mining industry. It was founded in 1998 and is headquartered in Colorado Springs, Colorado, USA. The company's business model is based on the exploration, development, and production of gold and silver mines. It focuses on a comprehensive and sustainable corporate strategy that relies on modern technologies and the highest environmental and safety standards. Gold Resource Corp currently operates numerous mines in the USA, Mexico, and Nicaragua, producing a wide range of gold and silver bars and coins. In addition to metal production, the company actively engages in the exploration of new deposits and invests in other valuable minerals. It has a strong emphasis on collaborating with local communities and governments to avoid conflicts and environmental issues. One distinguishing feature of Gold Resource Corp is its control over the entire value chain, from exploration and mining to marketing and distribution, which enhances its flexibility and independence. The company aims to achieve sustainable growth while making positive impacts on the communities and environment it operates in. It strives to be a responsible and ethical company. In recent years, Gold Resource Corp has become a significant player in the industry, generating a revenue of $116.4 million in 2019 and producing 40,318 ounces of gold and 1.73 million ounces of silver. In conclusion, Gold Resource Corp specializes in precious metal mining and offers a diverse range of products. It has a clear vision and comprehensive strategy to achieve sustainable growth and make a positive impact on communities and the environment. The company is a fair and ethical actor, operating on the highest environmental and safety standards. Gold Resource is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Gold Resource stock

Interest Coverage Ratio of Gold Resource is -15.79 in 2024.

Interest Coverage Ratio of Gold Resource changed from -44.55 to -15.79, representing a -64.55% change. The value is higher than the previous year.

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

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Leverage — Gold Resource

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