Northern Star (Pilbara) Pty

Northern Star (Pilbara) Pty Interest Coverage

Delisted

The Interest Coverage Ratio of Northern Star (Pilbara) Pty (DEG.AX) as of Nov 7, 2026 is -2.36. In the previous year, Interest Coverage Ratio was -11.73 — a change of -79.89% (higher).

Interest Coverage

-2.36

YoY

-79.89%

Last updated:

Interest Coverage Ratio of Northern Star (Pilbara) Pty is 2024 -2.36 . Interest Coverage Ratio of Northern Star (Pilbara) Pty was 2023 -11.73 . It decreases by -79.89% higher compared to the previous year.

The Northern Star (Pilbara) Pty Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
-227.70 AUD
Jan 1, 2020
-58.85 AUD
Jan 1, 2021
-52.50 AUD
Jan 1, 2022
-67.54 AUD
Jan 1, 2023
-11.73 AUD
Jan 1, 2024
-2.36 AUD
The Northern Star (Pilbara) Pty Interest Coverage history
YEARInterest CoverageYoY
-2.36-79.89%
-11.73-82.64%
-67.54+28.64%
-52.50-10.79%
-58.85-74.15%
-227.70—

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Northern Star (Pilbara) Pty Stock analysis

What does Northern Star (Pilbara) Pty do? De Grey Mining Ltd is an Australian mining company that has been operating in the mining industry since 2002. The company is based in West Perth and is listed on the Australian Stock Exchange. De Grey Mining conducts mining activities in Western Australia and specializes in the exploration of gold and copper deposits. The company's history began with the discovery of the Mallina deposit in the Pilbara Goldfield in 2002. Since this discovery, the company has continuously invested in the exploration of gold and copper. The company has expanded the resources of Mallina from the beginning in order to increase production output. Today, De Grey Mining has a significant amount of resources, including the Mallina Gold Project, the Turner River Project, and the Hemi Gold Project. De Grey Mining's business model is simple. The company focuses on the exploration of gold and copper deposits and does not operate gold mines itself. Once a gold or copper deposit is discovered, the company works closely with other mining companies to extract the gold or copper. The company benefits from licensing fees it receives from mining companies that exploit the deposits. These profits are then reinvested in exploring new resources. De Grey Mining is divided into various divisions. The main ones are deposit exploration, resource development, and mining development. Deposit exploration is the company's most important business branch, as it is where resources are discovered and expanded. Resource development involves obtaining licenses and ensuring that resources are mined in accordance with permits and environmental regulations. Mining development involves setting up mining sites, supplying equipment, and conducting tests and analyses to ensure production is in compliance with regulations. De Grey Mining's main products are gold and copper. The company strives to develop and produce high-quality gold and copper resources. It is actively working on various projects to increase production output. The company's most important project is the Mallina Gold Project. The deposit is located in the Pilbara Goldfield of Western Australia and has a high concentration of gold. De Grey Mining has conducted extensive exploration work and built up a resource base of 2.2 million ounces of gold. The company plans to continuously expand the Mallina Project and develop additional resources in the region. Another important project of De Grey Mining is the Hemi Gold Project. The project was recently discovered and is also located in the Pilbara Goldfield. The company has identified a high concentration of gold and several large deposits here. De Grey Mining is working to further expand and bring the resources of the Hemi Project into production. An additional project is the Turner River Project, which is also located in Western Australia. A high concentration of gold has been found here, and the company plans to discover and develop resources. In summary, De Grey Mining is an Australian mining company that has been operating in the mining industry since 2002. The company specializes in the exploration of gold and copper deposits and benefits from licensing fees received from other mining companies for exploiting deposits. The company is divided into various divisions, including deposit exploration, resource development, and mining development. The company has a significant amount of resources, including the Mallina Gold Project, Turner River Project, and Hemi Gold Project. The company's main products are gold and copper, and it is working to develop and produce high-quality resources. Northern Star (Pilbara) Pty is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Northern Star (Pilbara) Pty stock

Interest Coverage Ratio of Northern Star (Pilbara) Pty is -2.36 in 2024.

Interest Coverage Ratio of Northern Star (Pilbara) Pty changed from -11.73 to -2.36, representing a -79.89% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Northern Star (Pilbara) Pty 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 Northern Star (Pilbara) Pty with sector peers and the industry average to assess whether it is attractive.

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Leverage — Northern Star (Pilbara) Pty

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