MGP Ingredients

MGP Ingredients Interest Coverage

The Interest Coverage Ratio of MGP Ingredients (MGPI) as of Oct 10, 2026 is 11.26. In the previous year, Interest Coverage Ratio was 23.55 — a change of -52.21% (lower).

Interest Coverage

11.26

YoY

-52.21%

Last updated:

Interest Coverage Ratio of MGP Ingredients is 2024 11.26 . Interest Coverage Ratio of MGP Ingredients was 2023 23.55 . It decreases by -52.21% lower compared to the previous year.

The MGP Ingredients Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
28.61 USD
Jan 1, 2018
41.79 USD
Jan 1, 2019
36.34 USD
Jan 1, 2020
33.90 USD
Jan 1, 2021
22.56 USD
Jan 1, 2022
46.55 USD
Jan 1, 2023
23.55 USD
Jan 1, 2024
11.26 USD
The MGP Ingredients Interest Coverage history
YEARInterest CoverageYoY
11.26-52.21%
23.55-49.41%
46.55+106.30%
22.56-33.44%
33.90-6.71%
36.34-13.04%
41.79+46.09%
28.61+84.01%
15.55+165.02%
5.87+228.27%
1.79—
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MGP Ingredients Stock analysis

What does MGP Ingredients do? MGP Ingredients Inc. is a global leader in food ingredient manufacturing known for its high quality and innovative products. The company is headquartered in Atchison, Kansas and employs over 1,000 employees worldwide. MGP Ingredients is one of the most popular companies on Eulerpool.

Frequently Asked Questions about MGP Ingredients stock

Interest Coverage Ratio of MGP Ingredients is 11.26 in 2024.

Interest Coverage Ratio of MGP Ingredients changed from 23.55 to 11.26, representing a -52.21% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio MGP Ingredients 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 MGP Ingredients with sector peers and the industry average to assess whether it is attractive.

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Leverage — MGP Ingredients

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