Methode Electronics (MEI) Interest Coverage Ratio (2010 - 2018)
Methode Electronics' (MEI) quarterly Interest Coverage Ratio came in at 143.5 in Q3 2018, up 212.99% on a YoY basis from 45.85 in Q3 2017, and up 211.96% quarter-over-quarter from 46.0 in Q2 2018.
Analysis
Methode Electronics (MEI) Interest Coverage Ratio (2010 - 2018) Analysis & Trends
Methode Electronics (MEI) has reported Interest Coverage Ratio for 9 consecutive years, with 143.5 the latest figure, recorded in Q3 2018.
- For the quarter ending Q3 2018, Interest Coverage Ratio rose 212.99% year-over-year to 143.5; the trailing twelve-month figure through Jul 2018 stood at 93.54 (up 151.21% YoY), and the FY2018 full-year result was 131.44, up 147.45% from the prior year.
- Interest Coverage Ratio rose to 143.5 in Q3 2018 per MEI's latest filing, from 46.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 164.0 in Q1 2014 and bottomed at 348.0 in Q4 2014.
- Historically, Interest Coverage Ratio has averaged 74.68 across 5 years, with a median of 107.5 in 2016.
- The sharpest annual moves came in 2014 and 2018: Interest Coverage Ratio plunged 260.37% in 2014, then jumped 212.99% in 2018.
- Over 5 years, Interest Coverage Ratio stood at 348.0 in 2014, then jumped by 74.71% to 88.0 in 2015, then slumped by 230.68% to 291.0 in 2016, then jumped by 151.03% to 148.5 in 2017, then declined by 3.37% to 143.5 in 2018.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 143.5, 46.0, and 118.67 for Q3 2018, Q2 2018, and Q1 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 14.52 |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 17.55 |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 14.58 |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 19.04 |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 13.48 |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 10.71 |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 5.93 |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 13.94 |
| 10 | Methode Electronics | 501.40 Mn | 385.20 Mn | 47.70 Mn | - |
Historic Data
Download Data
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 |