Minerals Technologies Inc (MTX)

Interest coverage

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 65,900 67,900 44,700 281,800 263,000 182,200 181,200 168,100 143,900 179,300 197,500 201,400 220,800 252,400 247,100 240,600 230,400 216,600 177,900 176,900
Interest expense (ttm) US$ in thousands 56,000 56,200 57,500 58,200 60,200 61,500 61,100 60,400 57,400 53,100 49,000 44,600 41,300 39,500 38,200 38,300 39,600 40,500 39,500 38,900
Interest coverage 1.18 1.21 0.78 4.84 4.37 2.96 2.97 2.78 2.51 3.38 4.03 4.52 5.35 6.39 6.47 6.28 5.82 5.35 4.50 4.55

September 30, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $65,900K ÷ $56,000K
= 1.18