Marimed (MRMD) Interest Coverage Ratio (2014 - 2026)
Marimed's Interest Coverage Ratio was 0.21 in Q2 2026, down 63.9% from 0.58 a year earlier but up 229.2% from the prior quarter.
Marimed (MRMD) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marimed's Interest Coverage Ratio was -0.30 through Jun 30, 2026; for FY2025, it came in at -0.38.
- In earlier years, Interest Coverage Ratio was 0.38 in FY2024 (-76.0%), 1.57 in FY2023 (-87.0%), 12.03 in FY2022 (+5.5%) and 11.40 in FY2021 (+669.8%).
- Quarterly Interest Coverage Ratio has moved between -2.10 (Q4 2025) and 22.52 (Q1 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in two of the last four quarters, with an average decline of 22.3%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q1 2022 (growth of 383.8%); the worst was Q1 2023 (a decline of 90.9%).
- Per Business Quant data, MRMD's Interest Coverage Ratio in the three quarters before Q2 2026 was 0.06 (Q1 2026), -2.10 (Q4 2025) and 0.88 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -29.04 |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 3.28 |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 2.14 |
| 10 | Marimed | 28.08 Mn | -5.68 Mn | 16.23 Mn | 0.21 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | -2.10 |
| Sep 30, 2025 | 0.88 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | -0.52 |
| Dec 31, 2024 | -0.78 |
| Sep 30, 2024 | 0.79 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 1.24 |
| Dec 31, 2023 | 1.55 |
| Sep 30, 2023 | 1.33 |
| Jun 30, 2023 | 1.34 |
| Mar 31, 2023 | 2.05 |
| Dec 31, 2022 | 7.32 |
| Sep 30, 2022 | 11.07 |
| Jun 30, 2022 | 10.22 |
| Mar 31, 2022 | 22.52 |
| Dec 31, 2021 | 4.31 |
| Sep 30, 2021 | 22.07 |
Marimed Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();