Minerals Technologies (MTX) Interest Coverage Ratio (2013 - 2024)

Minerals Technologies has disclosed Interest Coverage Ratio across 12 years of filings, most recently posting 5.05 for Q1 2024.

• Interest Coverage Ratio for Q1 2024 came in at 5.05, up 13.76% year-over-year; the trailing twelve-month figure through Dec 2024 was 19.23 (up 562.58% YoY), and the FY2023 annual result was 2.9, down 40.69% from the prior year.
• Interest Coverage Ratio came in at 5.05 for Q1 2024 at Minerals Technologies, up from 4.39 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 7.0 in Q3 2021 to a low of 0.52 in Q4 2023.
• The 5-year median for Interest Coverage Ratio is 4.44 (2023), against an average of 4.45.
• Across the five-year window, Interest Coverage Ratio surged 153.12% in 2021 and plunged 115.95% in 2023, its largest moves.
• Minerals Technologies' Interest Coverage Ratio stood at 2.89 in 2020, then soared by 102.38% to 5.84 in 2021, then plunged by 41.26% to 3.43 in 2022, then increased by 28.01% to 4.39 in 2023, then gained by 14.84% to 5.05 in 2024.
• The last three Interest Coverage Ratio figures came in at 5.05 (Q1 2024), 4.39 (Q4 2023), and 0.52 (Q4 2023), per Business Quant data.