Minerals Technologies (MTX) Notes Payables (2009 - 2026)
Minerals Technologies' Short-Term Borrowings was $6 million in Q2 2026, down 66.1% from $17.7 million a year earlier and unchanged from the prior quarter.
Minerals Technologies (MTX) Notes Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Short-Term Borrowings at Minerals Technologies came in at $400,000, down 92.2% from FY2024.
- Short-Term Borrowings has now declined for three consecutive years, with a four-year compound annual growth rate of -73.4% (FY2021 to FY2025).
- In earlier years, Short-Term Borrowings was $5.1 million in FY2024 (-94.0%), $85.4 million in FY2023 (-28.7%), $119.7 million in FY2022 (+49.6%) and $80 million in FY2021.
- Quarterly Short-Term Borrowings has moved between $400,000 (Q4 2025) and $119.7 million (Q4 2022) over five years.
- Compared with a year earlier, Short-Term Borrowings has declined for 13 straight quarters, with an average decline of 74.1% over the last eight quarters.
- The best year-over-year quarter for Short-Term Borrowings over five years was Q4 2022 (growth of 49.6%); the worst was Q4 2024 (a decline of 94.0%).
- Per Business Quant data, MTX's Short-Term Borrowings in the three quarters before Q2 2026 was $6 million (Q1 2026), $400,000 (Q4 2025) and $13.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn |
| 10 | Minerals Technologies | 1.92 Bn | 544.12 Mn | 129.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 6.00 Mn |
| Apr 5, 2026 | 6.00 Mn |
| Dec 31, 2025 | 400,000.00 |
| Sep 28, 2025 | 13.40 Mn |
| Jun 29, 2025 | 17.70 Mn |
| Mar 30, 2025 | 19.70 Mn |
| Dec 31, 2024 | 5.10 Mn |
| Sep 29, 2024 | 60.00 Mn |
| Jun 30, 2024 | 69.00 Mn |
| Mar 31, 2024 | 75.70 Mn |
| Dec 31, 2023 | 85.40 Mn |
| Oct 1, 2023 | 109.20 Mn |
| Jul 2, 2023 | 107.10 Mn |
| Apr 2, 2023 | 118.60 Mn |
| Dec 31, 2022 | 119.70 Mn |
| Oct 2, 2022 | 118.50 Mn |
| Jul 3, 2022 | 110.00 Mn |
| Apr 3, 2022 | 110.00 Mn |
| Dec 31, 2021 | 80.00 Mn |
| Oct 3, 2021 | 100.50 Mn |
Minerals Technologies Notes Payables 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=notes-payables&ticker=MTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "MTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=MTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();