MYCELX Technologies

MYCELX Technologies Interest Coverage

Delisted

The Interest Coverage Ratio of MYCELX Technologies (MYX.L) as of Nov 2, 2026 is -350.23. In the previous year, Interest Coverage Ratio was -370.22 — a change of -5.40% (higher).

Interest Coverage

-350.23

YoY

-5.40%

Last updated:

Interest Coverage Ratio of MYCELX Technologies is 2024 -350.23 . Interest Coverage Ratio of MYCELX Technologies was 2023 -370.22 . It decreases by -5.40% higher compared to the previous year.

The MYCELX Technologies Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
-31.74 USD
Jan 1, 2017
-8.18 USD
Jan 1, 2018
51.27 USD
Jan 1, 2019
-30.08 USD
Jan 1, 2020
-51.74 USD
Jan 1, 2021
-170.50 USD
Jan 1, 2023
-370.22 USD
Jan 1, 2024
-350.23 USD
The MYCELX Technologies Interest Coverage history
YEARInterest CoverageYoY
-350.23-5.40%
-370.22+117.14%
-170.50+229.56%
-51.74+72.02%
-30.08-158.66%
51.27-726.80%
-8.18-74.23%
-31.74+51.17%
-21.00-17.75%
-25.53—

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MYCELX Technologies Stock analysis

What does MYCELX Technologies do? Mycelx Technologies Corp. is a company that specializes in the development and marketing of innovative, environmentally friendly solutions for the oil and gas industry. The company was founded in 1994 as Mycelx Technologies Corporation and is headquartered in Roswell, Georgia, USA. The company's history began with the development of biological solutions for environmental concerns. However, they quickly discovered that their technology was also applicable to the oil and gas industry. As a result, Mycelx began focusing on the production of effective and environmentally friendly water purification and wastewater treatment solutions for the petrochemical industry. Mycelx Technologies Corp. operates a business model that is based on the production and provision of environmentally friendly solutions for industrial customers. They have a B2B approach and work closely with their customers in the oil and gas industry. The company offers a wide range of innovative technologies and services aimed at minimizing water consumption, reducing environmental pollution, and increasing productivity in production. Mycelx Technologies Corp. is divided into various divisions to meet the specific needs of its customers: - Water Treatment: This division specializes in delivering state-of-the-art technologies and services that enable effective removal of oil and grease from wastewater. Products and services include environmentally friendly water purification systems and filters. - Chemicals: The chemicals division offers environmentally friendly chemicals and products tailored to the customers' requirements. The range includes solutions for oil and grease removal as well as other cleaning agents. Mycelx Technologies Corp. offers a range of products that are used in the oil and gas industry. Some of the company's key products include: - Mycelx Oil-Free Water Technology: This patented groundbreaking technology minimizes the use of water and chemicals in oil and gas production. It allows customers to increase their productivity despite environmental constraints and government regulations. - Mycelx-MCT: This is an environmentally friendly distillation process that enables complete wastewater recycling. The Mycelx-MCT technology removes oil and grease from wastewater, allowing for effective reuse of water in production. - Mycelx Biofilm: This product specifically targets the control of biofilms in production facilities. It is also a patented solution that guarantees effective cleaning of equipment and reduces downtime. Overall, Mycelx Technologies Corp. is a company that specializes in the development and provision of environmentally friendly solutions for the oil and gas industry. The company aims to assist its customers in reducing emissions and saving water and energy in production. Mycelx offers a wide range of products and services tailored to the specific needs of its customers. MYCELX Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about MYCELX Technologies stock

Interest Coverage Ratio of MYCELX Technologies is -350.23 in 2024.

Interest Coverage Ratio of MYCELX Technologies changed from -370.22 to -350.23, representing a -5.40% change. The value is higher than the previous year.

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

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Leverage — MYCELX Technologies

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