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Minerals Technologies (MTX) Interest Coverage Ratio (2016 - 2024)

Minerals Technologies' Interest Coverage Ratio history spans 12 years, with the latest figure at 5.05 for Q1 2024.

  • For Q1 2024, Interest Coverage Ratio rose 13.76% year-over-year to 5.05; the TTM value through Dec 2024 reached 19.23, up 562.58%, while the annual FY2023 figure was 2.9, 40.69% down from the prior year.
  • Interest Coverage Ratio for Q1 2024 was 5.05 at Minerals Technologies, up from 4.39 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 7.0 in Q3 2021 and bottomed at 0.52 in Q4 2023.
  • The 5-year median for Interest Coverage Ratio is 4.39 (2023), against an average of 4.33.
  • The largest annual shift saw Interest Coverage Ratio soared 153.12% in 2021 before it plummeted 115.95% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 2.89 in 2020, then skyrocketed by 102.38% to 5.84 in 2021, then tumbled by 41.26% to 3.43 in 2022, then rose by 28.01% to 4.39 in 2023, then increased by 14.84% to 5.05 in 2024.
  • Per Business Quant, the three most recent readings for MTX's Interest Coverage Ratio are 5.05 (Q1 2024), 4.39 (Q4 2023), and 0.52 (Q4 2023).