Rio Tinto Group

LSE RIO.L

Rio Tinto Group Interest Coverage Ratio for the year ending December 31, 2023: 8.04

Rio Tinto Group Interest Coverage Ratio is 8.04 for the year ending December 31, 2023, a -27.35% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Rio Tinto Group Interest Coverage Ratio for the year ending December 31, 2022 was 11.07, a -79.15% change year over year.
Rio Tinto Group Interest Coverage Ratio for the year ending December 31, 2021 was 53.09, a 96.77% change year over year.
Rio Tinto Group Interest Coverage Ratio for the year ending December 31, 2020 was 26.98, a 109.97% change year over year.
Rio Tinto Group Interest Coverage Ratio for the year ending December 31, 2019 was 12.85, a -18.59% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

LSE: RIO.L

Rio Tinto Group

CEO	Mr. Jakob Stausholm M.S.
IPO Date	July 1, 1988
Location	United Kingdom
Headquarters	6 St James's Square
Employees	57,000
Sector	Materials
Industries Mining Coal Copper Diamonds Gold Lithium Metals Oil & Gas

Description

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

Key trends

Past 5 years