Methode Electronics (MEI) Interest Coverage Ratio (2010 - 2018)
Methode Electronics' Interest Coverage Ratio was 143.50 in fiscal Q1 2019 (quarter ended Jul 28, 2018), up 13.0% from 127.00 a year earlier and up 212.0% from the prior quarter.
Methode Electronics (MEI) Interest Coverage Ratio (2010 - 2018) Analysis & Trends
On a trailing twelve-month basis, Methode Electronics' Interest Coverage Ratio was 93.54 through Jul 28, 2018, down 48.8% year-over-year; for FY2018 (ended Apr 28, 2018), it came in at 131.44, down 52.5% from FY2017.
- In earlier fiscal years, Interest Coverage Ratio was 277.00 in FY2017 (+76.8%), 156.71 in FY2016 (-2.2%), 160.29 in FY2015 (-34.7%) and 245.33 in FY2014.
- Quarterly Interest Coverage Ratio has moved between 46.00 (fiscal Q4 2018) and 348.00 (fiscal Q2 2015) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in three of the last six quarters, with growth averaging 21.6%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q2 2017 (growth of 230.7%); the worst was fiscal Q4 2018 (a decline of 82.3%).
- Per Business Quant data, MEI's Interest Coverage Ratio in the three fiscal quarters before Q1 2019 was 46.00 (Q4 2018), 118.67 (Q3 2018) and 148.50 (Q2 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | - |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 14.52 |
| 10 | Methode Electronics | 512.58 Mn | 4.58 Mn | 47.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 28, 2018 | 143.50 |
| Apr 28, 2018 | 46.00 |
| Jan 27, 2018 | 118.67 |
| Oct 28, 2017 | 148.50 |
| Jul 29, 2017 | 127.00 |
| Apr 29, 2017 | 260.00 |
| Jan 28, 2017 | 145.50 |
| Oct 29, 2016 | 291.00 |
| Jan 30, 2016 | 107.50 |
| Oct 31, 2015 | 88.00 |
| Aug 1, 2015 | 152.00 |
| May 2, 2015 | 48.33 |
| Jan 31, 2015 | 173.50 |
| Nov 1, 2014 | 348.00 |
| Feb 1, 2014 | 164.00 |
| Oct 26, 2013 | 217.00 |
| Jul 27, 2013 | 151.00 |
| Apr 27, 2013 | 135.48 |
| Jan 26, 2013 | 212.85 |
| Oct 27, 2012 | 511.60 |
Methode Electronics Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();