Mineralrite (RITE) Interest Coverage Ratio (2010 - 2014)
Mineralrite (RITE) reported Interest Coverage Ratio of 2.09 for Q3 2014, up 74.33% year-over-year from 1.2 in Q3 2013, and down 364.5% quarter-over-quarter from 0.45 in Q2 2014.
Mineralrite (RITE) Interest Coverage Ratio (2010 - 2014) Analysis & Trends
Mineralrite (RITE) has 5 years of Interest Coverage Ratio data on file, last reported at 2.09 in Q3 2014.
- Interest Coverage Ratio for Q3 2014 came in at 2.09, up 74.33% year-over-year; the trailing twelve-month figure through Sep 2024 was 3.61 (changed N/A YoY), and the FY2013 annual result was 5.31, up 51.65% from the prior year.
- Interest Coverage Ratio fell to 2.09 in Q3 2014 per RITE's latest filing, from 0.45 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 20.58 in Q4 2013 and troughed at 371.12 in Q1 2013.
- A 5-year average of 27.62 and a median of 5.04 in 2011 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2013 and 2014: Interest Coverage Ratio plunged 2824.21% in 2013, then surged 99.57% in 2014.
- A 5-year view of Interest Coverage Ratio shows it stood at 4.77 in 2010, then sank by 350.7% to 11.96 in 2011, then tumbled by 128.59% to 27.34 in 2012, then soared by 175.29% to 20.58 in 2013, then plunged by 110.15% to 2.09 in 2014.
- Business Quant data shows RITE's Interest Coverage Ratio at 2.09 in Q3 2014, 0.45 in Q2 2014, and 1.59 in Q1 2014.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | -911.09 |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 39.45 |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | - |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | -4.34 |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | -160.39 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | 3.75 |
| 10 | Mineralrite | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | -2.09 |
| Jun 30, 2014 | -0.45 |
| Mar 31, 2014 | -1.59 |
| Dec 31, 2013 | 20.58 |
| Sep 30, 2013 | -8.14 |
| Jun 30, 2013 | -24.56 |
| 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 | -7.15 |
| Jun 30, 2011 | -4.61 |
| Mar 31, 2011 | 5.12 |
| Dec 31, 2010 | 4.77 |
| Sep 30, 2010 | 4.78 |