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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalOperating MarginReturn on Capital EmployedReturn on Invested Capital

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

3M (MMM) has disclosed Interest Coverage Ratio for 13 consecutive years, with 16.29 as the latest value for Q2 2021.

  • Quarterly Interest Coverage Ratio rose 28.25% to 16.29 in Q2 2021 from the year-ago period, while the trailing twelve-month figure was 57.98 through Mar 2022, up 316.38% year-over-year, with the annual reading at 13.54 for FY2020, 1.77% down from the prior year.
  • Interest Coverage Ratio hit 16.29 in Q2 2021 for 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.
  • 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.
  • Year by year, Interest Coverage Ratio stood at 10.78 in 2017, then soared by 74.15% to 18.77 in 2018, then tumbled by 101.93% to 0.36 in 2019, then surged by 3713.49% to 13.11 in 2020, then rose 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.