Mgp Ingredients (MGPI) Interest Coverage Ratio (2010 - 2020)
Mgp Ingredients' (MGPI) Interest Coverage Ratio stood at 33.38 in Q3 2020, up 4.7% from 31.88 a year earlier but down 12.3% from the prior quarter.
Mgp Ingredients (MGPI) Interest Coverage Ratio (2010 - 2020) Analysis & Trends
On a TTM basis, Mgp Ingredients' Interest Coverage Ratio came in at 32.00 as of Sep 30, 2020, down 14.3% year-over-year; for FY2019, it came in at 36.20, down 15.7% from FY2018.
- Across earlier years, Interest Coverage Ratio came in at 42.93 in FY2018 (+18.5%), 36.24 in FY2017 (+11.7%), 32.44 in FY2016 (-47.3%) and 61.52 in FY2015 (+202.1%).
- Quarterly Interest Coverage Ratio has ranged from 21.35 in Q1 2020 to 62.96 in Q4 2015 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with an average decline of 8.7%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 54.7% in Q4 2015, against a decline of 62.2% in Q2 2016 at the low end.
- Per Business Quant, the preceding three quarters came in at 38.05 (Q2 2020), 21.35 (Q1 2020) and 44.16 (Q4 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 373.72 Bn | 362.36 Bn | 8.42 Bn | 12.66 |
| 2 | Diageo | 207.56 Bn | 199.96 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 182.40 Bn | 182.40 Bn | 2.06 Bn | 4.69 |
| 4 | Pepsico | 175.65 Bn | 136.08 Bn | 13.11 Bn | 17.49 |
| 5 | Anheuser-Busch InBev | 133.55 Bn | 102.29 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 81.77 Bn | 70.02 Bn | 1.42 Bn | - |
| 7 | Coca-Cola Europacific Partners | 45.94 Bn | 39.18 Bn | - | - |
| 8 | Ambev | 45.55 Bn | 31.57 Bn | 2.06 Bn | 5.28 |
| 9 | Keurig Dr Pepper | 42.22 Bn | 42.46 Bn | 3.07 Bn | - |
| 10 | Mgp Ingredients | 285.63 Mn | 225.58 Mn | 46.47 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 33.38 |
| Jun 30, 2020 | 38.05 |
| Mar 31, 2020 | 21.35 |
| Dec 31, 2019 | 44.16 |
| Sep 30, 2019 | 31.88 |
| Jun 30, 2019 | 33.88 |
| Mar 31, 2019 | 33.78 |
| Dec 31, 2018 | 49.15 |
| Sep 30, 2018 | 35.97 |
| Jun 30, 2018 | 38.52 |
| Mar 31, 2018 | 50.19 |
| Dec 31, 2017 | 42.13 |
| Sep 30, 2017 | 46.75 |
| Jun 30, 2017 | 27.74 |
| Mar 31, 2017 | 34.42 |
| Dec 31, 2016 | 33.75 |
| Sep 30, 2016 | 33.80 |
| Jun 30, 2016 | 27.83 |
| Mar 31, 2016 | 34.49 |
| Dec 31, 2015 | 62.96 |
Mgp Ingredients 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=MGPI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MGPI", "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=MGPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();