3M (MMM) Interest Coverage Ratio (2009 - 2021)
3M recorded quarterly Interest Coverage Ratio of 16.29 in Q2 2021, up 7.83% quarter-over-quarter from 15.11 in Q1 2021, and up 28.25% year-over-year from 12.7 in Q2 2020.
3M's Interest Coverage Ratio history runs 13 years deep, the most recent figure standing at 16.29 for Q2 2021.
- In Q2 2021, Interest Coverage Ratio rose 28.25% year-over-year to 16.29; the TTM figure through Mar 2022 stood at 57.98 (up 316.38% YoY), while the FY2020 annual figure was 13.54, down 1.77% from the prior year.
- Interest Coverage Ratio came in at 16.29 for Q2 2021 at 3M, up from 15.11 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 39.87 in Q2 2017 to a low of 0.36 in Q4 2019.
- A 5-year average of 18.7 and a median of 15.22 in 2021 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 101.93% in 2019 and soared 3713.49% in 2020, its largest moves.
- 3M's Interest Coverage Ratio stood at 10.78 in 2017, then surged by 74.15% to 18.77 in 2018, then slumped by 101.93% to 0.36 in 2019, then jumped by 3713.49% to 13.11 in 2020, then advanced by 24.22% to 16.29 in 2021.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 16.29, 15.11, and 13.11 for Q2 2021, Q1 2021, and Q4 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 4.88 |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | - |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 16.54 |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 9.60 |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 6.75 |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 3.96 |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 2.59 |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | -0.32 |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | - |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | -7.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 16.29 |
| Mar 31, 2021 | 15.11 |
| Dec 31, 2020 | 13.11 |
| Sep 30, 2020 | 14.91 |
| Jun 30, 2020 | 12.70 |
| Mar 31, 2020 | 13.52 |
| Dec 31, 2019 | -0.36 |
| Sep 30, 2019 | 18.45 |
| Jun 30, 2019 | 15.33 |
| Mar 31, 2019 | 10.92 |
| Dec 31, 2018 | 18.77 |
| Sep 30, 2018 | 23.72 |
| Jun 30, 2018 | 27.28 |
| Mar 31, 2018 | 12.28 |
| Dec 31, 2017 | 10.78 |
| Sep 30, 2017 | 35.23 |
| Jun 30, 2017 | 39.87 |
| Mar 31, 2017 | 38.71 |
| Dec 31, 2016 | 22.95 |
| Sep 30, 2016 | 38.08 |
| Jun 30, 2016 | 49.11 |
| Mar 31, 2016 | 38.04 |
| Dec 31, 2015 | 33.33 |
| Sep 30, 2015 | 49.37 |
| Jun 30, 2015 | 52.57 |
| Mar 31, 2015 | 55.81 |
| Dec 31, 2014 | 51.94 |
| Sep 30, 2014 | 67.89 |
| Jun 30, 2014 | 41.24 |
| Mar 31, 2014 | 46.38 |
| Dec 31, 2013 | 49.34 |
| Sep 30, 2013 | 52.70 |
| Jun 30, 2013 | 41.51 |
| Mar 31, 2013 | 42.21 |
| Dec 31, 2012 | 32.80 |
| Sep 30, 2012 | 38.14 |
| Jun 30, 2012 | 40.19 |
| Mar 31, 2012 | 40.85 |
| Dec 31, 2011 | 30.31 |
| Sep 30, 2011 | 32.94 |
| Jun 30, 2011 | 33.10 |
| Mar 31, 2011 | 36.70 |
| Dec 31, 2010 | 26.02 |
| Sep 30, 2010 | 30.90 |
| Jun 30, 2010 | 30.69 |
| Mar 31, 2010 | 30.10 |
| Dec 31, 2009 | 24.85 |
| Sep 30, 2009 | 26.87 |
| Jun 30, 2009 | 21.65 |
| Mar 31, 2009 | 14.60 |