Mag Magna (MGNC) Interest Coverage Ratio (2023 - 2024)
Mag Magna (MGNC) posted Interest Coverage Ratio of 7014.0 for Q3 2024, up 1.75% on a QoQ basis from 7139.0 in Q2 2024, and down 372.39% year-over-year from 2575.01 in Q3 2023.
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Mag Magna (MGNC) Interest Coverage Ratio (2023 - 2024) Analysis & Trends
Mag Magna has reported Interest Coverage Ratio for 2 years, with the latest figure at 7014.0 in Q3 2024.
- On a quarterly basis, Interest Coverage Ratio fell 372.39% year-over-year to 7014.0 in Q3 2024; TTM through Apr 2025 was 26128.0, a 978.52% decrease from a year earlier, with the FY2025 full-year figure at 26128.0, down 1029.86% from the prior year.
- Interest Coverage Ratio was 7014.0 for Q3 2024 at Mag Magna, up from 7139.0 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 347.33 in Q1 2024, with the low at 7139.0 in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 4.31 Bn | 4.31 Bn | -1.58 Mn | -12.28 |
| 2 | Evolution Metals & Technologies | 1.88 Bn | 1.88 Bn | -115,000.00 | - |
| 3 | Niocorp Developments | 143.72 Mn | -163.29 Mn | - | - |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - | - |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - | 1,318.79 |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2024 | -7,014.00 |
| Apr 30, 2024 | -7,139.00 |
| Jan 31, 2024 | -347.33 |
| Oct 31, 2023 | -1,134.20 |
| Jul 31, 2023 | -1,484.80 |