Western Region Gold Co

Western Region Gold Co Interest Coverage

The Interest Coverage Ratio of Western Region Gold Co (601069.SS) as of Oct 31, 2026 is 3.67. In the previous year, Interest Coverage Ratio was -3.29 — a change of -211.48% (higher).

Interest Coverage

3.67

YoY

-211.48%

Last updated:

Interest Coverage Ratio of Western Region Gold Co is 2024 3.67 . Interest Coverage Ratio of Western Region Gold Co was 2023 -3.29 . It decreases by -211.48% higher compared to the previous year.

The Western Region Gold Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
0.72 CNY
Jan 1, 2018
1.73 CNY
Jan 1, 2019
1.75 CNY
Jan 1, 2020
1.59 CNY
Jan 1, 2021
41.86 CNY
Jan 1, 2022
7.89 CNY
Jan 1, 2023
-3.29 CNY
Jan 1, 2024
3.67 CNY
The Western Region Gold Co Interest Coverage history
YEARInterest CoverageYoY
3.67-211.48%
-3.29-141.74%
7.89-81.16%
41.86+2,540.41%
1.59-9.53%
1.75+1.59%
1.73+139.32%
0.72-86.25%
5.24-1.06%
5.30+99.77%
2.65—

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Western Region Gold Co Stock analysis

What does Western Region Gold Co do? The Western Region Gold Co Ltd is a company that operates in the production and distribution of gold and other precious metals. The company was founded in 1990 and is headquartered in the Western Region of Ghana. In the early days, the company focused on exclusively mining gold from Ghana. However, with the growing demand for precious metals, the company has also specialized in trading gold from other countries. The business model of Western Region Gold Co Ltd is based on acquiring mining rights and extracting precious metals. The company works closely with many small, local mine operators. Through collaboration with these operators, not only are people and employment opportunities supported but sustainable economics in the region are also strengthened. Western Region Gold Co Ltd is divided into various business units, including exploration, mining construction, production, and distribution. These business units cover the entire process of extracting precious metals. Exploration is the first step, where the company searches for potentially suitable areas for gold mining. Different methods are used, such as geophysical surveys, soil samples, geological investigations, or the use of drones. Once a suitable area is found, the next phase is to establish mining infrastructure. Resources are provided for the construction of functional units, such as drilling equipment, processing plants, or material transportation. Once the infrastructure is in place, the actual production of precious metals can begin. During this phase, materials from the mines and local mine operators are processed and sold. The company always emphasizes high environmental and social standards. In addition to the direct production process, Western Region Gold Co Ltd also offers other services. For example, precious metal jewelry or gold bars are also distributed. The company ensures that only certified products are traded, which adhere to the highest standards of quality and sustainability. In recent years, the company has set a goal to make the extraction of precious metals as sustainable as possible. This includes emphasizing environmental protection, social responsibility, and ensuring fair wages for local employees. The company also prioritizes the promotion of training programs as part of its CSR initiatives. Today, Western Region Gold Co Ltd generates high revenues and employs local and international staff. The company strives to not only consider its own profitability but also the well-being of the surrounding communities. Western Region Gold Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Western Region Gold Co stock

Interest Coverage Ratio of Western Region Gold Co is 3.67 in 2024.

Interest Coverage Ratio of Western Region Gold Co changed from -3.29 to 3.67, representing a -211.48% change. The value is higher than the previous year.

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

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Leverage — Western Region Gold Co

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