Minerals Technologies (MTX) Non Operating Interest Expenses (2013 - 2024)
Minerals Technologies' (MTX) quarterly Non Operating Interest Expenses came in at $14.9 million in Q1 2024, up 4.93% year-over-year from $14.2 million in Q2 2023, and down 1.97% quarter-over-quarter from $15.2 million in Q4 2023.
Analysis
Minerals Technologies (MTX) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Minerals Technologies has disclosed Non Operating Interest Expenses across 12 years of filings, most recently posting $14.9 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 4.93% year-over-year to $14.9 million; the TTM figure through Mar 2024 stood at $59.9 million (up 24.02% YoY), while the FY2023 annual figure was $59.2 million, up 34.85% from the prior year.
- Non Operating Interest Expenses came in at $14.9 million for Q1 2024 at Minerals Technologies, down from $15.2 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $15.3 million in Q4 2023 to a low of $8.1 million in Q2 2020.
- Average Non Operating Interest Expenses over 5 years is $11.4 million, with a median of $10.4 million recorded in 2022.
- Year-over-year, Non Operating Interest Expenses declined 25.69% in 2020 and surged 44.9% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $10.7 million in 2020, then declined by 15.89% to $9.0 million in 2021, then jumped by 41.11% to $12.7 million in 2022, then increased by 19.69% to $15.2 million in 2023, then fell by 1.97% to $14.9 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $14.9 million in Q1 2024, $15.2 million in Q4 2023, and $15.3 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Materion | 5.30 Bn | 5.28 Bn | 104.34 Mn | 7.53 Mn |
| 2 | United States Lime & Minerals | 3.32 Bn | 2.92 Bn | 46.72 Mn | - |
| 3 | Minerals Technologies | 2.16 Bn | 1.81 Bn | 133.80 Mn | - |
| 4 | Atlas Energy Solutions | 1.82 Bn | 1.65 Bn | 25.86 Mn | - |
| 5 | Compass Minerals International | 1.09 Bn | 1.03 Bn | 37.90 Mn | 14.60 Mn |
| 6 | Oil-Dri Corp of America | 840.38 Mn | 777.44 Mn | 33.73 Mn | 537,000.00 |
| 7 | ContextLogic Holdings | 613.79 Mn | 613.79 Mn | 16.30 Mn | 6.20 Mn |
| 8 | Smart Sand | 213.18 Mn | 202.98 Mn | 19.83 Mn | - |
| 9 | Nouveau Monde Graphite | 211.02 Mn | -121.96 Mn | - | - |
| 10 | Graftech International | 161.07 Mn | 15.71 Mn | -422,000.00 | 24.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 14.90 Mn |
| Dec 31, 2023 | 15.20 Mn |
| Oct 1, 2023 | 15.30 Mn |
| Jul 2, 2023 | 14.50 Mn |
| Apr 2, 2023 | 14.20 Mn |
| Dec 31, 2022 | 12.70 Mn |
| Oct 2, 2022 | 11.00 Mn |
| Jul 3, 2022 | 10.40 Mn |
| Apr 3, 2022 | 9.80 Mn |
| Dec 31, 2021 | 9.00 Mn |
| Oct 3, 2021 | 9.20 Mn |
| Jul 4, 2021 | 9.10 Mn |
| Apr 4, 2021 | 9.90 Mn |
| Dec 31, 2020 | 10.70 Mn |
| Sep 27, 2020 | 10.10 Mn |
| Jun 28, 2020 | 8.10 Mn |
| Mar 29, 2020 | 9.30 Mn |
| Dec 31, 2019 | 9.90 Mn |
| Sep 29, 2019 | 11.00 Mn |
| Jun 30, 2019 | 10.90 Mn |