Grounded Lithium

Grounded Lithium Interest Coverage

The Interest Coverage Ratio of Grounded Lithium (GRD.V) as of Nov 10, 2026 is -909.73. In the previous year, Interest Coverage Ratio was -371.51 — a change of 144.87% (lower).

Interest Coverage

-909.73

YoY

144.87%

Last updated:

Interest Coverage Ratio of Grounded Lithium is 2024 -909.73 . Interest Coverage Ratio of Grounded Lithium was 2023 -371.51 . It decreases by 144.87% lower compared to the previous year.

The Grounded Lithium Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2015
-14.50 CAD
Jan 1, 2016
-59.00 CAD
Jan 1, 2017
-45.00 CAD
Jan 1, 2022
-21.55 CAD
Jan 1, 2023
-371.51 CAD
Jan 1, 2024
-909.73 CAD
The Grounded Lithium Interest Coverage history
YEARInterest CoverageYoY
-909.73+144.87%
-371.51+1,624.33%
-21.55-52.12%
-45.00-23.73%
-59.00+306.90%
-14.50—

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Grounded Lithium Stock analysis

What does Grounded Lithium do? Grounded Lithium Corp. generates revenue through the exploration, extraction, and development of lithium brines. The company focuses on supplying lithium to support the electricity-powered economy, targeting the growing demand for battery materials. It controls 3.7 million metric tons of lithium carbonate equivalent in inferred resources within Southwest Saskatchewan, leveraging its land holdings for logistics to transport feedstock across North America. The core area's infrastructure enables efficient delivery to key markets. The firm owns 33 sections (8,498 hectares) of undeveloped land in Kindersley, which supports future development and resource expansion. By securing strategic land positions in Saskatchewan, Grounded Lithium Corp. positions itself as a reliable supplier for the evolving electric vehicle and energy storage sectors. Its focus on brine-based extraction aligns with sustainable resource development practices. Grounded Lithium is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Grounded Lithium stock

Interest Coverage Ratio of Grounded Lithium is -909.73 in 2024.

Interest Coverage Ratio of Grounded Lithium changed from -371.51 to -909.73, representing a 144.87% change. The value is lower than the previous year.

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

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Leverage — Grounded Lithium

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