KPIs & Operating Metrics(New)
Growth Metrics

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

3M's Interest Coverage Ratio history spans 13 years, with the latest figure at 16.29 for Q2 2021.

  • On a quarterly basis, Interest Coverage Ratio rose 28.25% to 16.29 in Q2 2021 year-over-year; TTM through Mar 2022 was 57.98, a 316.38% increase, with the full-year FY2020 number at 13.54, down 1.77% from a year prior.
  • Interest Coverage Ratio hit 16.29 in Q2 2021 for 3M, up from 15.11 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for MMM hit a ceiling of 39.87 in Q2 2017 and a floor of 0.36 in Q4 2019.
  • Historically, Interest Coverage Ratio has averaged 18.7 across 5 years, with a median of 15.22 in 2021.
  • Biggest five-year swings in Interest Coverage Ratio: plummeted 101.93% in 2019 and later skyrocketed 3713.49% in 2020.
  • Tracing MMM's Interest Coverage Ratio over 5 years: stood at 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 3713.49% to 13.11 in 2020, then increased by 24.22% to 16.29 in 2021.
  • Business Quant data shows Interest Coverage Ratio for MMM at 16.29 in Q2 2021, 15.11 in Q1 2021, and 13.11 in Q4 2020.