VEEM

VEEM Interest Coverage

The Interest Coverage Ratio of VEEM (VEE.AX) as of Oct 21, 2026 is 9.62. In the previous year, Interest Coverage Ratio was 6.90 — a change of 39.45% (higher).

Interest Coverage

9.62

YoY

39.45%

Last updated:

Interest Coverage Ratio of VEEM is 2025 9.62 . Interest Coverage Ratio of VEEM was 2024 6.90 . It decreases by 39.45% higher compared to the previous year.

The VEEM Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
4.67 AUD
Jan 1, 2019
5.17 AUD
Jan 1, 2020
4.54 AUD
Jan 1, 2021
6.02 AUD
Jan 1, 2022
2.62 AUD
Jan 1, 2023
5.19 AUD
Jan 1, 2024
6.90 AUD
Jan 1, 2025
9.62 AUD
The VEEM Interest Coverage history
YEARInterest CoverageYoY
9.62+39.45%
6.90+32.88%
5.19+98.14%
2.62-56.50%
6.02+32.70%
4.54-12.24%
5.17+10.82%
4.67-94.92%
91.95+189.77%
31.73+97.81%
16.04+30.32%
12.31—

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VEEM Stock analysis

What does VEEM do? Veem Ltd. makes money by producing propulsion and stabilization systems for marine, defense, and mining industries through its subsidiaries VEEM Marine, VEEM 247 Engineering, VEEM Defense, Timcast Hollowbar, and Conquest Propellers. VEEM Marine offers marine technology with commercial facilities, while VEEM 247 Engineering serves aerospace, defense, mining, and oil and gas sectors. VEEM Defense handles defense contracts including manufacturing and servicing submarine valves and propulsion systems for Pacific patrol boats. The company's products target industries requiring engineered solutions, with VEEM Defense focusing on military contracts like the Oberon class submarine valves and Pacific patrol boat propulsion systems. VEEM 247 Engineering provides specialized services to high-tech sectors such as aerospace and oil and gas, leveraging its engineering expertise. Timcast Hollowbar and Conquest Propellers contribute to the marine and defense markets with their specialized components. Veem Ltd. generates revenue through direct sales of its engineered products and services to industrial clients across marine, defense, and mining segments. The firm's diverse portfolio ensures steady demand from established industry players seeking reliable technical solutions for complex operational needs. VEEM is one of the most popular companies on Eulerpool.

Frequently Asked Questions about VEEM stock

Interest Coverage Ratio of VEEM is 9.62 in 2025.

Interest Coverage Ratio of VEEM changed from 6.90 to 9.62, representing a 39.45% change. The value is higher than the previous year.

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

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Leverage — VEEM

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