Platinum Group Metals (PLG) Interest Coverage Ratio (2016 - 2022)
Platinum Group Metals (PLG) posted quarterly Interest Coverage Ratio of 1.24 for Q1 2022, up 41.98% year-over-year from 0.87 in Q1 2021, and down 116.36% quarter-over-quarter from 7.57 in Q4 2021.
Platinum Group Metals (PLG) Interest Coverage Ratio (2016 - 2022) Analysis & Trends
Platinum Group Metals (PLG) has reported Interest Coverage Ratio for 7 consecutive years, with 1.24 the latest figure, recorded in Q1 2022.
- In Q1 2022, Interest Coverage Ratio rose 41.98% year-over-year to 1.24; the TTM figure through Aug 2022 stood at 0.34 (up 121.65% YoY), while the FY2022 annual figure was 8.2, down 422.75% from the prior year.
- Interest Coverage Ratio eased to 1.24 in Q1 2022 per PLG's latest filing, from 7.57 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 7.57 in Q4 2021 and bottomed at 25.8 in Q3 2019.
- Historically, Interest Coverage Ratio has averaged 1.89 across 5 years, with a median of 1.16 in 2019.
- Annual changes were most pronounced in 2019 — Interest Coverage Ratio tumbled 6583.63% — and 2021, when it soared 422.4%.
- Platinum Group Metals' Interest Coverage Ratio stood at 1.28 in 2018, then soared by 288.71% to 2.41 in 2019, then slumped by 40.03% to 1.45 in 2020, then jumped by 422.4% to 7.57 in 2021, then sank by 116.36% to 1.24 in 2022.
- Business Quant data shows PLG's Interest Coverage Ratio at 1.24 in Q1 2022, 7.57 in Q4 2021, and 6.17 in Q3 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.96 Bn | 13.48 Bn | 332.52 Mn | 60.38 |
| 2 | Buenaventura Mining | 8.67 Bn | 7.66 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.87 Bn | 6.85 Bn | 88.25 Mn | 383.43 |
| 4 | Perpetua Resources | 3.14 Bn | 3.14 Bn | - | - |
| 5 | Elemental Royalty | 1.40 Bn | 1.34 Bn | 15.71 Mn | - |
| 6 | Solaris Resources | 1.36 Bn | 1.30 Bn | - | 2.44 |
| 7 | McEwen | 1.22 Bn | 1.13 Bn | 20.08 Mn | - |
| 8 | Versamet Royalties | 1.13 Bn | 1.13 Bn | 13.99 Mn | -1.70 |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | -7.70 |
| 10 | Platinum Group Metals | 194.01 Mn | 194.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2022 | -1.24 |
| Nov 30, 2021 | 7.57 |
| Aug 31, 2021 | -6.17 |
| May 31, 2021 | 1.47 |
| Feb 28, 2021 | -2.13 |
| Nov 30, 2020 | 1.45 |
| Aug 31, 2020 | -0.19 |
| May 31, 2020 | -3.72 |
| Feb 29, 2020 | -2.93 |
| Nov 30, 2019 | 2.41 |
| Aug 31, 2019 | -25.80 |
| May 31, 2019 | 2.08 |
| Feb 28, 2019 | -1.16 |
| Nov 30, 2018 | -1.28 |
| Aug 31, 2018 | 0.40 |
| May 31, 2018 | -1.75 |
| Feb 28, 2018 | -1.05 |
| Nov 30, 2017 | 2.96 |
| Feb 28, 2017 | -18.54 |
| Nov 30, 2016 | -13.47 |