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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

3M (MMM) Interest Coverage Ratio (2016 - 2021)

3M's Interest Coverage Ratio history spans 12 years, with the latest figure at 14.91 for Q3 2020.

  • For Q3 2020, Interest Coverage Ratio fell 19.16% year-over-year to 14.91; the TTM value through Jun 2021 reached 60.34, up 454.03%, while the annual FY2019 figure was 13.78, 33.07% down from the prior year.
  • Interest Coverage Ratio for Q3 2020 was 14.91 at 3M, up from 12.7 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 49.11 in Q2 2016 and bottomed at 0.36 in Q4 2019.
  • The 5-year median for Interest Coverage Ratio is 22.95 (2016), against an average of 24.29.
  • The largest annual shift saw Interest Coverage Ratio skyrocketed 74.15% in 2018 before it crashed 101.93% in 2019.
  • A 5-year view of Interest Coverage Ratio shows it stood at 22.95 in 2016, then tumbled by 53.05% to 10.78 in 2017, then surged by 74.15% to 18.77 in 2018, then plummeted by 101.93% to 0.36 in 2019, then skyrocketed by 4209.65% to 14.91 in 2020.
  • Per Business Quant, the three most recent readings for MMM's Interest Coverage Ratio are 14.91 (Q3 2020), 12.7 (Q2 2020), and 13.52 (Q1 2020).