Xtra-Gold Resources (XTGRF) Interest Coverage Ratio (2013 - 2023)
Xtra-Gold Resources (XTGRF) posted quarterly Interest Coverage Ratio of 2.27 for Q4 2023, up 39.59% year-over-year from 1.62 in Q4 2022, and up 39.59% quarter-over-quarter from 3.75 in Q4 2022.
Xtra-Gold Resources (XTGRF) Interest Coverage Ratio (2013 - 2023) Analysis & Trends
Xtra-Gold Resources (XTGRF) has reported Interest Coverage Ratio for 11 consecutive years, with 2.27 the latest figure, recorded in Q4 2023.
- In Q4 2023, Interest Coverage Ratio rose 39.59% year-over-year to 2.27; the TTM figure through Dec 2023 stood at 3.53 (up 30.71% YoY), while the FY2023 annual figure was 1.28, up 41.06% from the prior year.
- Interest Coverage Ratio advanced to 2.27 in Q4 2023 per XTGRF's latest filing, from 3.75 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.3 in Q4 2020 and bottomed at 3.75 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 1.43 across 5 years, with a median of 0.45 in 2021.
- Annual changes were most pronounced in 2019 — Interest Coverage Ratio soared 43.97% — and 2022, when it slumped 742.24%.
- Xtra-Gold Resources' Interest Coverage Ratio stood at 0.41 in 2019, then gained by 26.07% to 0.3 in 2020, then tumbled by 47.4% to 0.45 in 2021, then plunged by 742.24% to 3.75 in 2022, then jumped by 39.59% to 2.27 in 2023.
- Business Quant data shows XTGRF's Interest Coverage Ratio at 2.27 in Q4 2023, 3.75 in Q4 2022, and 0.45 in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 143.79 |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 21.45 |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 0.05 |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | - |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 27.97 |
| 10 | Xtra-Gold Resources | 100.94 Mn | 100.94 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2.27 |
| Dec 31, 2022 | -3.75 |
| Dec 31, 2021 | -0.45 |
| Dec 31, 2020 | -0.30 |
| Dec 31, 2019 | -0.41 |
| Dec 31, 2018 | -0.73 |
| Dec 31, 2017 | -179.76 |
| Sep 30, 2017 | -139.97 |
| Dec 31, 2016 | -547.05 |
| Sep 30, 2016 | 139.97 |
| Jun 30, 2016 | -94.22 |
| Mar 31, 2016 | -88.96 |
| Sep 30, 2015 | 372.93 |
| Jun 30, 2015 | 80.78 |
| Mar 31, 2015 | 85.66 |
| Sep 30, 2014 | 1,692.85 |
| Jun 30, 2014 | 123.22 |
| Mar 31, 2014 | 213.99 |
| Mar 31, 2013 | 948.70 |