NexMetals Mining (NEXM) Interest Coverage Ratio (2021 - 2023)

NexMetals Mining (NEXM) posted quarterly Interest Coverage Ratio of 24.97 for Q4 2023, down 274.17% quarter-over-quarter from 6.67 in Q3 2023.

NexMetals Mining (NEXM) Interest Coverage Ratio (2021 - 2023) Analysis & Trends

NexMetals Mining (NEXM) has reported Interest Coverage Ratio for 3 consecutive years, with 24.97 the latest figure, recorded in Q4 2023.

In Q4 2023, Interest Coverage Ratio changed N/A year-over-year to 24.97; the TTM figure through Dec 2023 stood at 17.49 (down 236.7% YoY), while the FY2024 annual figure was 18.17, up 5.06% from the prior year.
Interest Coverage Ratio slipped to 24.97 in Q4 2023 per NEXM's latest filing, from 6.67 in the prior quarter.
Across five years, Interest Coverage Ratio topped out at 1.59 in Q4 2021 and bottomed at 61.81 in Q1 2023.
Historically, Interest Coverage Ratio has averaged 20.22 across 3 years, with a median of 14.74 in 2022.
On a YoY basis, Interest Coverage Ratio climbed as much as 54.87% in 2023 and fell as far as 54.87% in 2023.
NexMetals Mining's Interest Coverage Ratio stood at 1.59 in 2021, then sank by 1374.47% to 20.32 in 2022, then dropped by 22.9% to 24.97 in 2023.
Business Quant data shows NEXM's Interest Coverage Ratio at 24.97 in Q4 2023, 6.67 in Q3 2023, and 9.17 in Q2 2023.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Interest Cover (Qtr)
1	Bhp	246.38 Bn	216.93 Bn	-	-
2	Rio Tinto	201.39 Bn	191.89 Bn	-	-
3	Teck Resources	33.91 Bn	28.71 Bn	1.21 Bn	-7.77
4	MP Materials	10.71 Bn	8.24 Bn	36.20 Mn	-3.30
5	Almonty Industries	5.27 Bn	4.38 Bn	18.87 Mn	1.26
6	Materion	4.79 Bn	4.77 Bn	104.34 Mn	6.87
7	USA Rare Earth	4.43 Bn	4.43 Bn	-1.58 Mn	-12.28
8	Skeena Resources	4.31 Bn	3.89 Bn	-	3.50
9	Evolution Metals & Technologies	2.46 Bn	2.46 Bn	-115,000.00	-
10	NexMetals Mining	87.33 Mn	87.33 Mn	-	-

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