MINERALRITE Corp (RITE) Interest Coverage Ratio (2010 - 2014)
Mineralrite (RITE) posted quarterly Interest Coverage Ratio of 0.13 for Q3 2014, up 95.02% year-over-year from 0.07 in Q3 2013, and up 71.03% quarter-over-quarter from 0.45 in Q2 2014.
MINERALRITE Corp (RITE) Interest Coverage Ratio (2010 - 2014) Analysis & Trends
Mineralrite (RITE) has reported Interest Coverage Ratio for 5 consecutive years, with 0.13 the latest figure, recorded in Q3 2014.
- In Q3 2014, Interest Coverage Ratio rose 95.02% year-over-year to 0.13; the TTM figure through Sep 2024 stood at 0.23 (changed N/A YoY), while the FY2013 annual figure was 8.53, down 653.89% from the prior year.
- Interest Coverage Ratio climbed to 0.13 in Q3 2014 per RITE's latest filing, from 0.45 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 8.75 in Q2 2010 and bottomed at 371.12 in Q1 2013.
- Historically, Interest Coverage Ratio has averaged 24.66 across 5 years, with a median of 2.62 in 2013.
- Annual changes were most pronounced in 2013 — Interest Coverage Ratio plunged 2824.21% — and 2014, when it surged 99.43%.
- Mineralrite's Interest Coverage Ratio stood at 4.77 in 2010, then slumped by 350.7% to 11.96 in 2011, then plunged by 128.59% to 27.34 in 2012, then surged by 86.68% to 3.64 in 2013, then jumped by 96.42% to 0.13 in 2014.
- Business Quant data shows RITE's Interest Coverage Ratio at 0.13 in Q3 2014, 0.45 in Q2 2014, and 2.1 in Q1 2014.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | -0.13 |
| Jun 30, 2014 | -0.45 |
| Mar 31, 2014 | -2.10 |
| Dec 31, 2013 | -3.64 |
| Sep 30, 2013 | -2.62 |
| Jun 30, 2013 | -3.02 |
| Mar 31, 2013 | -371.12 |
| Sep 30, 2012 | -27.34 |
| Jun 30, 2012 | -5.46 |
| Mar 31, 2012 | -12.69 |
| Dec 31, 2011 | -11.96 |
| Sep 30, 2011 | 2.44 |
| Jun 30, 2011 | -4.61 |
| Mar 31, 2011 | 5.12 |
| Dec 31, 2010 | 4.77 |
| Sep 30, 2010 | 4.78 |
| Jun 30, 2010 | 8.75 |