Star Diamond

Star Diamond Interest Coverage

The Interest Coverage Ratio of Star Diamond (DIAM.TO) as of Oct 20, 2026 is -37.27. In the previous year, Interest Coverage Ratio was -50.53 — a change of -26.23% (higher).

Interest Coverage

-37.27

YoY

-26.23%

Last updated:

Interest Coverage Ratio of Star Diamond is 2024 -37.27 . Interest Coverage Ratio of Star Diamond was 2023 -50.53 . It decreases by -26.23% higher compared to the previous year.

The Star Diamond Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-28.93 CAD
Jan 1, 2018
-481.40 CAD
Jan 1, 2019
-52.05 CAD
Jan 1, 2020
-27.89 CAD
Jan 1, 2021
-25.02 CAD
Jan 1, 2022
-7.46 CAD
Jan 1, 2023
-50.53 CAD
Jan 1, 2024
-37.27 CAD
The Star Diamond Interest Coverage history
YEARInterest CoverageYoY
-37.27-26.23%
-50.53+577.75%
-7.46-70.21%
-25.02-10.27%
-27.89-46.42%
-52.05-89.19%
-481.40+1,564.10%
-28.93-85.24%
-195.93-35.70%
-304.70+1,579.37%
-18.14—

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Star Diamond Stock analysis

What does Star Diamond do? Star Diamond Corp is a Canadian mining company based in Saskatoon. It was founded in 2006 and has been involved in diamond mining since then. The company's business model is based on the discovery and development of diamond mines in Canada. The company explores land areas and evaluates the potential they can offer for a diamond mining site. If the investigations are successful and the deposits prove to be economically viable, the company begins diamond extraction. Star Diamond Corp is divided into various divisions. One area is dedicated to diamond extraction, another area is dedicated to the exploration and development of new mining projects. Another business field is project development and collaboration with other mining companies. The company has several locations in Canada, including Prairie Creek in the northwest, Star Kimberlite in Saskatchewan, and HMDC-Property in Quebec. Various types of diamonds are mined at these locations, including Lupine Glacier diamonds, kimberlites, and others. The products of Star Diamond Corp are natural diamonds and the various stages of diamond processing associated with them. The diamonds are processed and cut by the company itself to be later sold to jewelers and retailers. However, the majority of the mining output is sold to other diamond cutters and refineries. The company has gained a good reputation in the industry for its conscientious and environmentally friendly practices. Mining activities are carried out in accordance with Canadian regulations and environmental protection measures. The mining areas are thoroughly restored and rehabilitated after extraction to minimize impact on nature and the environment. In summary, Star Diamond Corp is a successful Canadian company specializing in diamond mining. The company is committed to maintaining the highest standards in terms of environmental protection, social responsibility, and business ethics. The products of Star Diamond Corp have an excellent reputation worldwide and are sought after by jewelers and end consumers, who constantly strive to introduce new unique designs and applications for diamonds. Star Diamond Corp is a Canadian mining company focused on diamond extraction. Star Diamond is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Star Diamond stock

Interest Coverage Ratio of Star Diamond is -37.27 in 2024.

Interest Coverage Ratio of Star Diamond changed from -50.53 to -37.27, representing a -26.23% change. The value is higher than the previous year.

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

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Leverage — Star Diamond

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