Grange Resources

Grange Resources Interest Coverage

The Interest Coverage Ratio of Grange Resources (GRR.AX) as of Oct 27, 2026 is 2.63. In the previous year, Interest Coverage Ratio was 12.40 — a change of -78.81% (lower).

Interest Coverage

2.63

YoY

-78.81%

Last updated:

Interest Coverage Ratio of Grange Resources is 2024 2.63 . Interest Coverage Ratio of Grange Resources was 2023 12.40 . It decreases by -78.81% lower compared to the previous year.

The Grange Resources Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
27.61 AUD
Jan 1, 2018
9.61 AUD
Jan 1, 2019
10.45 AUD
Jan 1, 2020
19.47 AUD
Jan 1, 2021
18.97 AUD
Jan 1, 2022
11.32 AUD
Jan 1, 2023
12.40 AUD
Jan 1, 2024
2.63 AUD
The Grange Resources Interest Coverage history
YEARInterest CoverageYoY
2.63-78.81%
12.40+9.51%
11.32-40.32%
18.97-2.55%
19.47+86.26%
10.45+8.79%
9.61-65.20%
27.61-66.89%
83.38+1,530.99%
5.11-68.37%
16.16—

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Grange Resources Stock analysis

What does Grange Resources do? Grange Resources Ltd is an Australian company specializing in the extraction and processing of iron ore. It was founded in 2000 by a man named Hamish Bohannan, who is an experienced entrepreneur in the mining industry. The company started its operations in 2003 and opened its first mine near Tasmania. Since then, Grange Resources Ltd has increased its production and become a major player in the iron ore industry. The company's business model is based on the sale of iron ore and its derivatives. It currently operates three mines in Australia and has its own refinery. Each mine specializes in a specific type of iron ore and the refinery processes ore from other mines. Grange Resources Ltd offers a range of products and services related to iron ore processing, including high-quality iron ore, iron derivatives, and various consulting and logistical support services for customers. In conclusion, Grange Resources Ltd is a reputable company in the iron ore industry, focused on providing high-quality products and services to its customers. Grange Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Grange Resources stock

Interest Coverage Ratio of Grange Resources is 2.63 in 2024.

Interest Coverage Ratio of Grange Resources changed from 12.40 to 2.63, representing a -78.81% change. The value is lower than the previous year.

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

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Leverage — Grange Resources

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