Minerals Technologies (MTX) Times Interest Earned (2013 - 2024)
Minerals Technologies' (MTX) Times Interest Earned came in at 5.05 for Q1 2024, up 13.8% from 4.44 a year earlier and up 14.8% from the prior quarter.
Minerals Technologies (MTX) Times Interest Earned (2013 - 2024) Analysis & Trends
For the trailing twelve months through Mar 31, 2024, Times Interest Earned at Minerals Technologies was 3.07, down 29.9% year-over-year; for FY2023, it came in at 2.90, down 40.7% from FY2022.
- In prior years, Minerals Technologies' Times Interest Earned was 4.89 in FY2022 (-22.8%), 6.34 in FY2021 (+28.8%), 4.92 in FY2020 (+1.8%) and 4.83 in FY2019 (-13.3%).
- The Q1 2024 figure stands as the highest quarterly Times Interest Earned since Q2 2022.
- On a year-over-year basis, Times Interest Earned increased in two of the last seven quarters, with an average decline of 19.7%.
- The strongest year-over-year quarter for Times Interest Earned in the past five years was Q2 2021, with growth of 108.5%; the weakest was Q3 2022, with a decline of 50.9%.
- According to Business Quant data, Times Interest Earned for the three prior quarters was 4.39 (Q4 2023), -0.52 (Q3 2023) and 3.44 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 152.51 Bn | 131.30 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 136.63 Bn | 97.13 Bn | - | - |
| 4 | Newmont | 119.75 Bn | 87.76 Bn | 4.03 Bn | - |
| 5 | Freeport-Mcmoran | 93.99 Bn | 78.03 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 88.45 Bn | 78.08 Bn | 2.43 Bn | 143.79 |
| 7 | Barrick Mining | 65.74 Bn | 40.94 Bn | 2.90 Bn | 105.08 |
| 8 | Nucor | 58.37 Bn | 47.76 Bn | 2.03 Bn | 45.25 |
| 9 | ArcelorMittal | 46.14 Bn | 25.17 Bn | - | - |
| 10 | Minerals Technologies | 1.98 Bn | 651.74 Mn | 133.80 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 5.05 |
| Dec 31, 2023 | 4.39 |
| Oct 1, 2023 | -0.52 |
| Jul 2, 2023 | 3.44 |
| Apr 2, 2023 | 4.44 |
| Dec 31, 2022 | 3.43 |
| Oct 2, 2022 | 3.24 |
| Jul 3, 2022 | 6.67 |
| Apr 3, 2022 | 6.76 |
| Dec 31, 2021 | 5.84 |
| Oct 3, 2021 | 6.59 |
| Jul 4, 2021 | 7.00 |
| Apr 4, 2021 | 5.94 |
| Dec 31, 2020 | 5.09 |
| Sep 27, 2020 | 4.80 |
| Jun 28, 2020 | 3.36 |
| Mar 29, 2020 | 6.20 |
| Dec 31, 2019 | 4.82 |
| Sep 29, 2019 | 4.86 |
| Jun 30, 2019 | 4.17 |
Minerals Technologies Times Interest Earned 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=times-interest-earned&ticker=MTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=MTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();