Mgp Ingredients (MGPI) Interest Coverage Ratio (2010 - 2020)
Mgp Ingredients' (MGPI) quarterly Interest Coverage Ratio came in at 33.38 in Q3 2020, up 4.7% year-over-year from 31.88 in Q4 2019, and down 12.27% quarter-over-quarter from 38.05 in Q2 2020.
Analysis
Mgp Ingredients (MGPI) Interest Coverage Ratio (2010 - 2020) Analysis & Trends
Mgp Ingredients (MGPI) has reported Interest Coverage Ratio for 11 consecutive years, with 33.38 the latest figure, recorded in Q3 2020.
- On a quarterly basis, Interest Coverage Ratio rose 4.7% year-over-year to 33.38 in Q3 2020; TTM through Sep 2020 was 32.0, a 14.28% decrease from a year earlier, with the FY2019 full-year figure at 36.2, down 15.68% from the prior year.
- Interest Coverage Ratio was 33.38 for Q3 2020 at Mgp Ingredients, down from 38.05 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 50.19 in Q1 2018 and troughed at 21.35 in Q1 2020.
- A 5-year average of 36.38 and a median of 34.42 in 2017 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio slumped 62.23% in 2016 and jumped 45.82% in 2018, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 33.75 in 2016, then advanced by 24.82% to 42.13 in 2017, then climbed by 16.66% to 49.15 in 2018, then dropped by 10.15% to 44.16 in 2019, then declined by 24.41% to 33.38 in 2020.
- The last three Interest Coverage Ratio figures came in at 33.38 (Q3 2020), 38.05 (Q2 2020), and 21.35 (Q1 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Brown Forman | 12.44 Bn | 12.14 Bn | 549.00 Mn | 2.21 |
| 2 | Agencia Comercial Spirits | 496.05 Mn | 480.23 Mn | - | - |
| 3 | Mgp Ingredients | 351.15 Mn | 333.36 Mn | 46.47 Mn | - |
| 4 | Crimson Wine | 90.58 Mn | 78.74 Mn | 8.62 Mn | 0.07 |
| 5 | Beeline Holdings | 15.28 Mn | 13.58 Mn | - | -44.90 |
| 6 | Willamette Valley Vineyards | 11.10 Mn | 11.10 Mn | - | - |
| 7 | Endovia Health Sciences | 827,524.38 | 584,822.38 | - | -8.69 |
| 8 | LQR House | 306,231.63 | 51.78 Mn | 45,902.00 | -4.63 |
Historic Data
Download Data
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 |