Mistras Interest Coverage from 2010 to 2024

MG Stock  USD 9.24  0.12  1.32%   
Mistras' Interest Coverage is decreasing over the last several years with slightly volatile swings. Interest Coverage is predicted to flatten to 1.50. During the period from 2010 to 2024 Mistras Group Interest Coverage regressed destribution of quarterly values had coefficient of variationof  89.98 and r-value of (0.73). View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
1.58290078
Current Value
1.5
Quarterly Volatility
3.78191511
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mistras financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mistras main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.2 M, Interest Expense of 17.6 M or Selling General Administrative of 121.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.88. Mistras financial statements analysis is a perfect complement when working with Mistras Valuation or Volatility modules.
  
This module can also supplement Mistras' financial leverage analysis and stock options assessment as well as various Mistras Technical models . Check out the analysis of Mistras Correlation against competitors.

Latest Mistras' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Mistras Group over the last few years. It is Mistras' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mistras' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Mistras Interest Coverage Regression Statistics

Arithmetic Mean4.20
Geometric Mean2.72
Coefficient Of Variation89.98
Mean Deviation3.24
Median1.88
Standard Deviation3.78
Sample Variance14.30
Range11.5972
R-Value(0.73)
Mean Square Error7.09
R-Squared0.54
Significance0
Slope(0.62)
Total Sum of Squares200.24

Mistras Interest Coverage History

2024 1.5
2023 1.58
2022 1.88
2021 1.67
2020 0.4
2019 1.76
2018 2.8

About Mistras Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mistras income statement, its balance sheet, and the statement of cash flows. Mistras investors use historical funamental indicators, such as Mistras's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Mistras investors may use each financial statement separately, they are all related. The changes in Mistras's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mistras's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mistras Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mistras. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 1.58  1.50 

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When determining whether Mistras Group is a strong investment it is important to analyze Mistras' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mistras' future performance. For an informed investment choice regarding Mistras Stock, refer to the following important reports:
Check out the analysis of Mistras Correlation against competitors.
Note that the Mistras Group information on this page should be used as a complementary analysis to other Mistras' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Mistras' price analysis, check to measure Mistras' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mistras is operating at the current time. Most of Mistras' value examination focuses on studying past and present price action to predict the probability of Mistras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mistras' price. Additionally, you may evaluate how the addition of Mistras to your portfolios can decrease your overall portfolio volatility.
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Is Mistras' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mistras. If investors know Mistras will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
(0.58)
Revenue Per Share
23.673
Quarterly Revenue Growth
0.098
Return On Assets
0.0374
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mistras' market value can be influenced by many factors that don't directly affect Mistras' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.