Mainz Biomed N.V (MYNZ) Interest Coverage Ratio: 2022-2023
Historic Interest Coverage Ratio for Mainz Biomed N.V (MYNZ) over the last 2 years, with Dec 2023 value amounting to -16.92.
- Mainz Biomed N.V's Interest Coverage Ratio rose 63.24% to -16.92 in Q4 2023 from the same period last year, while for Dec 2023 it was -51.00, marking a year-over-year increase of 53.32%. This contributed to the annual value of -17.84 for FY2024, which is 65.02% up from last year.
- Per Mainz Biomed N.V's latest filing, its Interest Coverage Ratio stood at -16.92 for Q4 2023, which was up 91.56% from -200.44 recorded in Q3 2023.
- In the past 5 years, Mainz Biomed N.V's Interest Coverage Ratio ranged from a high of -16.92 in Q4 2023 and a low of -346.11 during Q2 2022.
- Moreover, its 2-year median value for Interest Coverage Ratio was -183.39 (2023), whereas its average is -182.01.
- Data for Mainz Biomed N.V's Interest Coverage Ratio shows a peak YoY surged of 65.21% (in 2023) over the last 5 years.
- Over the past 2 years, Mainz Biomed N.V's Interest Coverage Ratio (Quarterly) stood at -46.04 in 2022, then skyrocketed by 63.24% to -16.92 in 2023.
- Its Interest Coverage Ratio was -16.92 in Q4 2023, compared to -200.44 in Q3 2023 and -120.42 in Q2 2023.