Mynd.ai (MYND) Interest Coverage Ratio (2016 - 2021)

Mynd.ai (MYND) posted Interest Coverage Ratio of 0.66 for Q4 2021, down 96.21% sequentially from 17.34 in Q4 2020, and down 96.21% YoY from 17.34 in Q4 2020.

Mynd.ai (MYND) Interest Coverage Ratio (2016 - 2021) Analysis & Trends

Mynd.ai has reported Interest Coverage Ratio for 6 years, with the latest figure at 0.66 in Q4 2021.

  • Quarterly Interest Coverage Ratio fell 96.21% year-over-year to 0.66 in Q4 2021, while the trailing twelve-month figure through Dec 2021 was 0.99 (up 131.4% YoY) and the FY2025 annual result came in at 0.57, down 20.6% from the prior year.
  • Interest Coverage Ratio retreated to 0.66 in Q4 2021 per MYND's latest filing, from 17.34 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 17.34 in Q4 2020 and troughed at 3.71 in Q4 2018.
  • A 5-year average of 2.75 and a median of 0.07 in 2017 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2018 and 2020: Interest Coverage Ratio sank 5573.23% in 2018, then surged 3626.9% in 2020.
  • Over 5 years, Interest Coverage Ratio stood at 0.07 in 2017, then tumbled by 5573.23% to 3.71 in 2018, then surged by 86.75% to 0.49 in 2019, then surged by 3626.9% to 17.34 in 2020, then tumbled by 96.21% to 0.66 in 2021.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.66, 17.34, and 0.49 for Q4 2021, Q4 2020, and Q4 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 New Oriental Education & Technology 84.75 Bn 82.75 Bn 812.22 Mn -
2 51Talk Online Education 7.47 Bn 7.44 Bn 22.97 Mn -
3 Laureate Education 5.19 Bn 5.02 Bn 237.67 Mn 53.60
4 Graham Holdings 5.04 Bn 3.79 Bn 777.03 Mn 4.87
5 Covista 4.62 Bn 4.62 Bn 284.63 Mn 5.42
6 Grand Canyon Education 3.76 Bn 3.48 Bn 204.08 Mn 0.47
7 Stride 3.54 Bn 2.58 Bn 217.28 Mn 106.60
8 TAL Education 2.30 Bn -377.25 Mn 227.32 Mn -3.92
9 McGraw Hill 2.26 Bn 2.00 Bn 388.89 Mn 0.06
10 Mynd.ai 169.07 Mn 150.59 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2021 0.66
Dec 31, 2020 17.34
Dec 31, 2019 -0.49
Dec 31, 2018 -3.71
Dec 31, 2017 -0.07
Dec 31, 2016 0.02