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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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

Minerals Technologies (MTX) has disclosed Interest Coverage Ratio for 12 consecutive years, with 5.05 as the latest value 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 hit 5.05 in Q1 2024 for 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.
  • Average Interest Coverage Ratio over 5 years is 4.45, with a median of 4.44 recorded in 2023.
  • Year-over-year, Interest Coverage Ratio soared 153.12% in 2021 and then plummeted 115.95% in 2023.
  • Minerals Technologies' Interest Coverage Ratio 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.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 5.05, 4.39, and 0.52 for Q1 2024, Q4 2023, and Q4 2023 respectively.