Mag Magna (MGNC) Interest Coverage Ratio (2023 - 2026)
Mag Magna (MGNC) posted quarterly Interest Coverage Ratio of 9.29 for Q1 2026, down 1699.19% quarter-over-quarter from 0.52 in Q4 2025.
Mag Magna (MGNC) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Mag Magna (MGNC) has reported Interest Coverage Ratio for 4 consecutive years, with 9.29 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio changed N/A year-over-year to 9.29; the TTM figure through Jan 2026 stood at 17.8 (up 99.86% YoY), while the FY2025 annual figure was 2.06, up 41.63% from the prior year.
- Interest Coverage Ratio retreated to 9.29 in Q1 2026 per MGNC's latest filing, from 0.52 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5517.0 in Q4 2024 and bottomed at 11262.0 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 2037.51 across 4 years, with a median of 740.77 in 2024.
- On a YoY basis, Interest Coverage Ratio climbed as much as 586.42% in 2024 and fell as far as 372.39% in 2024.
- Mag Magna's Interest Coverage Ratio stood at 1134.2 in 2023, then jumped by 586.42% to 5517.0 in 2024, then sank by 100.01% to 0.52 in 2025, then slumped by 1699.19% to 9.29 in 2026.
- Business Quant data shows MGNC's Interest Coverage Ratio at 9.29 in Q1 2026, 0.52 in Q4 2025, and 11262.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 39.70 Bn | 30.13 Bn | 1.94 Bn | 6.05 |
| 2 | Bunge Global | 22.60 Bn | 21.96 Bn | 1.68 Bn | 5.46 |
| 3 | Tyson Foods | 16.47 Bn | 15.73 Bn | 921.00 Mn | 3.69 |
| 4 | Cal-Maine Foods | 3.91 Bn | 3.80 Bn | 34.07 Mn | - |
| 5 | Del Monte | 1.49 Bn | 1.45 Bn | 121.30 Mn | 5.08 |
| 6 | Dole | 1.27 Bn | 975.26 Mn | 195.30 Mn | 3.20 |
| 7 | Adecoagro | 1.11 Bn | 885.33 Mn | 97.80 Mn | -0.49 |
| 8 | Vital Farms | 455.33 Mn | 434.00 Mn | 10.93 Mn | -95.36 |
| 9 | Village Farms International | 299.19 Mn | 226.26 Mn | 29.97 Mn | 23.40 |
| 10 | Mag Magna | 3.23 Mn | 3.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -9.29 |
| Oct 31, 2025 | -0.52 |
| Apr 30, 2025 | -11,262.00 |
| Oct 31, 2024 | 5,517.00 |
| 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 |
| Jan 31, 2023 | 2,499.00 |