Intrepid Potash

Intrepid Potash Interest Coverage

The Interest Coverage Ratio of Intrepid Potash (IPI) as of Oct 9, 2026 is -15.26. In the previous year, Interest Coverage Ratio was -233.88 — a change of -93.47% (higher).

Interest Coverage

-15.26

YoY

-93.47%

Last updated:

Interest Coverage Ratio of Intrepid Potash is 2024 -15.26 . Interest Coverage Ratio of Intrepid Potash was 2023 -233.88 . It decreases by -93.47% higher compared to the previous year.

The Intrepid Potash Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-1.20 USD
Jan 1, 2018
4.19 USD
Jan 1, 2019
5.45 USD
Jan 1, 2020
-5.87 USD
Jan 1, 2021
22.49 USD
Jan 1, 2022
119.30 USD
Jan 1, 2023
-233.88 USD
Jan 1, 2024
-15.26 USD
The Intrepid Potash Interest Coverage history
YEARInterest CoverageYoY
-15.26-93.47%
-233.88-296.04%
119.30+430.38%
22.49-483.40%
-5.87-207.58%
5.45+30.23%
4.19-449.79%
-1.20-76.12%
-5.01-92.41%
-66.03-2,610.80%
2.63—
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Intrepid Potash Stock analysis

What does Intrepid Potash do? Intrepid Potash Inc is a company that specializes in the production and sale of potassium chloride and copper sulfate. The company is headquartered in Denver, Colorado and was founded in 2000. The company's history dates back to the discovery of potassium salt deposits near Carlsbad, New Mexico. In 2000, the company was founded and began mining potassium salt. Over the years, the company diversified its business and expanded its product range. Intrepid Potash's business model is based on mining potassium salt and selling potassium chloride and copper sulfate to agricultural customers, wholesalers, and retailers. The company's goal is to improve the safety, effectiveness, and efficiency of agricultural operations. The various divisions of the company include mining, processing, and distribution. The main activity of Intrepid Potash is mining potassium salt in its mines in New Mexico. The company's two largest mines are the Carlsbad mine and the HB mine. Both mines have a capacity of several million tons per year. An important part of Intrepid Potash's business is processing potassium chloride and copper sulfate. Potassium chloride is an important fertilizer used by agricultural operations around the world. Copper sulfate is used as an additive in animal feed and as a component of herbicides and fungicides. The company has also specialized in the development and marketing of specialty fertilizers. These fertilizers have been developed to meet the specific requirements of different agricultural operations. For example, Intrepid Potash offers fertilizers specifically designed for the cultivation of corn, soybeans, wheat, and other crops. Intrepid Potash also has a subsidiary called Intrepid South, which specializes in the production of copper and molybdenum concentrates. The copper concentrate is sold to copper smelters worldwide, and the molybdenum concentrate is used in steel manufacturing. Overall, Intrepid Potash offers a wide range of products and services for agriculture. The company has years of experience in potassium salt mining and processing and is committed to providing its customers with high-quality products and services. Intrepid Potash is also committed to promoting sustainable and environmentally friendly practices. The company has made investments to improve its energy efficiency and reduce its environmental impact. Intrepid Potash also aims to give back to the local communities where it operates and has launched a number of charity programs and activities to support the local communities. Overall, Intrepid Potash has made a significant contribution to agricultural production and the production of copper and molybdenum. The company is committed to expanding its business and offering innovative products and services to meet the needs of its customers. Intrepid Potash is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Intrepid Potash stock

Interest Coverage Ratio of Intrepid Potash is -15.26 in 2024.

Interest Coverage Ratio of Intrepid Potash changed from -233.88 to -15.26, representing a -93.47% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Intrepid Potash since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Intrepid Potash with sector peers and the industry average to assess whether it is attractive.

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