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| Date | Value |
|---|---|
| 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 |