Green Minerals AS

Green Minerals AS Interest Coverage

The Interest Coverage Ratio of Green Minerals AS (GEM.OL) as of Nov 13, 2026 is -1,269.31. In the previous year, Interest Coverage Ratio was -2,187.40 — a change of -41.97% (higher).

Interest Coverage

-1,269.31

YoY

-41.97%

Last updated:

Interest Coverage Ratio of Green Minerals AS is 2024 -1,269.31 . Interest Coverage Ratio of Green Minerals AS was 2023 -2,187.40 . It decreases by -41.97% higher compared to the previous year.

The Green Minerals AS Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2021
-629.80 NOK
Jan 1, 2022
-695.25 NOK
Jan 1, 2023
-2,187.40 NOK
Jan 1, 2024
-1,269.31 NOK
The Green Minerals AS Interest Coverage history
YEARInterest CoverageYoY
-1,269.31-41.97%
-2,187.40+214.62%
-695.25+10.39%
-629.80—

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Green Minerals AS Stock analysis

What does Green Minerals AS do? Green Minerals AS operates as an exploration company focused on winning licenses to survey, explore, and produce marine minerals on the Norwegian Continental Shelf. The company, a spin-off of SeaBird Exploration Plc, designs exploration strategies and marine minerals production systems to support the global drive toward electrification and digitization. It targets the sustainable extraction of marine minerals and Rare Earth Elements, key to the green shift, by eliminating social costs associated with onshore mining and reducing environmental impact. The firm serves strategic needs of the EU and USA through deep sea mining solutions. Green Minerals AS leverages its parent company SeaBird Exploration Plc's expertise in offshore exploration for natural resources. The firm's products include exploration strategy design, marine minerals production system design, and license acquisition services. These offerings are purchased by entities seeking sustainable mineral resources for the green transition, particularly within the EU and USA markets. The company's focus on deep sea mining positions it to address the strategic mineral needs of key global regions without the drawbacks of traditional onshore mining methods. Green Minerals AS is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Green Minerals AS stock

Interest Coverage Ratio of Green Minerals AS is -1,269.31 in 2024.

Interest Coverage Ratio of Green Minerals AS changed from -2,187.40 to -1,269.31, representing a -41.97% change. The value is higher than the previous year.

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

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Leverage — Green Minerals AS

All Key Metrics — Green Minerals AS