Mettler-Toledo International Inc (MTD)

Solvency ratios

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Debt-to-assets ratio 0.57 0.57 0.54 0.58 0.56 0.59 0.61 0.59 0.55 0.55 0.55 0.53 0.48 0.51 0.51 0.52 0.46 0.42 0.43 0.52
Debt-to-capital ratio 1.07 1.09 1.10 1.09 1.09 1.06 1.05 1.01 0.99 1.05 1.00 0.95 0.90 0.91 0.89 0.89 0.82 0.73 0.72 0.83
Debt-to-equity ratio — — — — — — — — 76.98 — 250.82 20.89 9.22 10.30 8.37 7.70 4.54 2.64 2.55 4.94
Financial leverage ratio — — — — — — — — 140.86 — 459.44 39.69 19.41 20.15 16.42 14.94 9.96 6.24 5.95 9.42

Mettler-Toledo International Inc's solvency ratios indicate the company's ability to meet its long-term debt obligations.

1. Debt-to-assets ratio: This ratio shows the proportion of the company's assets financed by debt. It has been relatively stable, ranging from 0.42 to 0.61 over the analyzed periods. An increasing trend in this ratio could signal potential financial risk.

2. Debt-to-capital ratio: This ratio reflects the proportion of the company's capital that is financed by debt. It has shown an increasing trend, ranging from 0.72 to 1.10. Higher values indicate higher financial leverage and risk.

3. Debt-to-equity ratio: This ratio measures the extent to which the company is financed by debt relative to equity. The ratio has exhibited significant fluctuations, ranging from 2.55 to 250.82. Extremely high values, as seen in some periods, may suggest high financial risk and dependency on debt financing.

4. Financial leverage ratio: This ratio indicates the level of financial risk the company has taken on through debt financing. The ratio has shown a substantial increase, ranging from 5.95 to 459.44. A high financial leverage ratio suggests a higher degree of financial risk and dependency on debt to finance operations.

Overall, the solvency ratios of Mettler-Toledo International Inc highlight the company's varying levels of financial risk and leverage over the analyzed periods. It is important for investors and stakeholders to closely monitor these ratios to assess the company's ability to withstand economic uncertainties and meet its debt obligations.

Coverage ratios

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Interest coverage 14.90 13.50 13.13 13.34 13.59 15.31 16.87 18.42 20.33 20.44 20.95 21.40 21.64 22.01 22.28 20.78 18.66 19.34 18.18 18.50

The interest coverage ratio measures a company's ability to meet its interest obligations using its operating income. A higher ratio indicates a better ability to cover interest expenses.

Looking at the data provided for Mettler-Toledo International Inc's interest coverage, we observe that the ratio has generally remained healthy and consistent over the reporting periods. The ratio has fluctuated within a range of 13.13 to 22.28, with an average value of approximately 18.95.

From March 31, 2020, to March 31, 2022, the interest coverage ratio showed an increasing trend, reaching its peak at 22.28 on June 30, 2021. This indicates a strong ability to cover interest expenses during this period.

However, from March 31, 2022, onwards, the interest coverage ratio saw a gradual decline, dropping to 13.34 by March 31, 2024. This downward trend suggests that Mettler-Toledo International Inc may be facing challenges in generating sufficient operating income to cover its interest payments efficiently.

It is important for the company to closely monitor its interest coverage ratio and take necessary actions to improve profitability and operational efficiency to ensure its continued ability to meet its interest obligations in the long run.