Micromem Technologies (MMTIF) Interest Coverage Ratio (2009 - 2026)
Micromem Technologies' (MMTIF) quarterly Interest Coverage Ratio came in at 0.67 in Q2 2026, up 99.64% year-over-year from 0.33 in Q2 2025, and up 31.39% quarter-over-quarter from 0.97 in Q1 2026.
Analysis
Micromem Technologies (MMTIF) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Micromem Technologies has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 0.67 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 99.64% year-over-year to 0.67; the TTM figure through Apr 2026 stood at 2.79 (up 54.25% YoY), while the FY2025 annual figure was 0.09, up 97.83% from the prior year.
- Interest Coverage Ratio came in at 0.67 for Q2 2026 at Micromem Technologies, up from 0.97 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 10.61 in Q2 2024 to a low of 183.95 in Q2 2025.
- Average Interest Coverage Ratio over 5 years is 13.37, with a median of 1.28 recorded in 2025.
- The largest YoY upside for Interest Coverage Ratio was 143.02% in 2025 against a maximum downside of 1833.27% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 4.52 in 2022, then jumped by 121.07% to 9.99 in 2023, then sank by 242.31% to 14.22 in 2024, then rose by 22.95% to 10.96 in 2025, then jumped by 93.91% to 0.67 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.67 in Q2 2026, 0.97 in Q1 2026, and 10.96 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 82.13 Bn | 79.40 Bn | 477.30 Mn | 77.58 |
| 2 | Coherent | 59.78 Bn | 58.13 Bn | 787.08 Mn | -23.87 |
| 3 | Zebra Technologies | 16.58 Bn | 16.42 Bn | 825.00 Mn | - |
| 4 | Littelfuse | 10.98 Bn | 10.35 Bn | 306.06 Mn | 20.86 |
| 5 | Vishay Intertechnology | 4.69 Bn | 3.39 Bn | 207.38 Mn | 5.18 |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | -0.29 |
| 7 | Knowles | 3.16 Bn | 3.11 Bn | 74.60 Mn | - |
| 8 | Hesai | 2.70 Bn | 1.73 Bn | 50.88 Mn | 0.54 |
| 9 | Bel Fuse | 2.57 Bn | 2.37 Bn | 83.97 Mn | 21.32 |
| 10 | Micromem Technologies | 6.16 Mn | 6.13 Mn | - | -0.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -0.67 |
| Jan 31, 2026 | -0.97 |
| Oct 31, 2025 | -10.96 |
| Jul 31, 2025 | -1.58 |
| Apr 30, 2025 | -183.95 |
| Jan 31, 2025 | 3.92 |
| Oct 31, 2024 | -14.22 |
| Jul 31, 2024 | -2.84 |
| Apr 30, 2024 | 10.61 |
| Jan 31, 2024 | -9.12 |
| Oct 31, 2023 | 9.99 |
| Jul 31, 2023 | 2.14 |
| Apr 30, 2023 | -27.40 |
| Jan 31, 2023 | -0.65 |
| Oct 31, 2022 | 4.52 |
| Jul 31, 2022 | -10.44 |
| Apr 30, 2022 | 1.98 |
| Jan 31, 2022 | -11.01 |
| Oct 31, 2021 | 3.54 |
| Jul 31, 2021 | 19.48 |