Meteoric Resources NL

Meteoric Resources NL Interest Coverage

The Interest Coverage Ratio of Meteoric Resources NL (MEI.AX) as of Nov 3, 2026 is -64.81. In the previous year, Interest Coverage Ratio was -2,604.81 — a change of -97.51% (higher).

Interest Coverage

-64.81

YoY

-97.51%

Last updated:

Interest Coverage Ratio of Meteoric Resources NL is 2024 -64.81 . Interest Coverage Ratio of Meteoric Resources NL was 2023 -2,604.81 . It decreases by -97.51% higher compared to the previous year.

The Meteoric Resources NL Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
-199.94 AUD
Jan 1, 2019
-310.23 AUD
Jan 1, 2020
-5,103.00 AUD
Jan 1, 2021
-90,436.00 AUD
Jan 1, 2022
-689.26 AUD
Jan 1, 2023
-2,604.81 AUD
Jan 1, 2024
-64.81 AUD
The Meteoric Resources NL Interest Coverage history
YEARInterest CoverageYoY
-64.81-97.51%
-2,604.81+277.91%
-689.26-99.24%
-90,436.00+1,672.21%
-5,103.00+1,544.90%
-310.23+55.16%
-199.94—

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Meteoric Resources NL Stock analysis

What does Meteoric Resources NL do? Meteoric Resources NL is an Australian company specializing in the exploration and development of natural resources. The company was founded in 2012 and is based in Perth, Western Australia. Meteoric Resources' business model is focused on discovering and developing high-quality resources such as gold, copper, nickel, cobalt, and other mineral resources. The company operates a variety of projects in Australia and Canada, including joint ventures with other companies. A key focus of the company is the exploration of gold and copper. Meteoric Resources operates several promising projects in Brazil, Western Australia, and British Columbia, Canada. In addition, the company is also engaged in the exploration of nickel, cobalt, and other mineral resources. For example, it operates projects in Western Australia and Canada. The goal of Meteoric Resources is to extract high-quality resources in a sustainable way, ensuring environmental protection and employee safety. The company is actively involved in various sustainability projects and working groups to promote responsible resource extraction. Overall, Meteoric Resources offers a wide range of products and services tailored to the needs of investors, resource companies, and other customers. These include exploration and development of resource projects, evaluation and analysis of resource deposits, consulting and support in mine development and extraction processes, as well as trade and financing solutions. In recent years, the company has acquired an excellent reputation through continuous expansion and diversification. With highly skilled employees, modern technologies, and a strong focus on sustainability and environmental protection, Meteoric Resources will continue to play an important role in the resource industry. Meteoric Resources NL is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Meteoric Resources NL stock

Interest Coverage Ratio of Meteoric Resources NL is -64.81 in 2024.

Interest Coverage Ratio of Meteoric Resources NL changed from -2,604.81 to -64.81, representing a -97.51% change. The value is higher than the previous year.

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

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Leverage — Meteoric Resources NL

All Key Metrics — Meteoric Resources NL