Medicure

Medicure Interest Coverage

The Interest Coverage Ratio of Medicure (MPH.V) as of Oct 21, 2026 is -21.90. In the previous year, Interest Coverage Ratio was -16.11 — a change of 35.89% (lower).

Interest Coverage

-21.90

YoY

35.89%

Last updated:

Interest Coverage Ratio of Medicure is 2024 -21.90 . Interest Coverage Ratio of Medicure was 2023 -16.11 . It decreases by 35.89% lower compared to the previous year.

The Medicure Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
52.32 CAD
Jan 1, 2018
-0.16 CAD
Jan 1, 2019
-6.29 CAD
Jan 1, 2020
-14.84 CAD
Jan 1, 2021
-8.08 CAD
Jan 1, 2022
14.04 CAD
Jan 1, 2023
-16.11 CAD
Jan 1, 2024
-21.90 CAD
The Medicure Interest Coverage history
YEARInterest CoverageYoY
-21.90+35.89%
-16.11-214.80%
14.04-273.61%
-8.08-45.53%
-14.84+136.01%
-6.29+3,784.92%
-0.16-100.31%
52.32+276.81%
13.89+1,123.40%
1.14-22.77%
1.47—

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Medicure Stock analysis

What does Medicure do? Medicure Inc. is a pharmaceutical company specializing in the development of medications for cardiovascular diseases. The company was founded in 1997 and is headquartered in Winnipeg, Canada. Medicure is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Medicure stock

Interest Coverage Ratio of Medicure is -21.90 in 2024.

Interest Coverage Ratio of Medicure changed from -16.11 to -21.90, representing a 35.89% change. The value is lower than the previous year.

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

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Leverage — Medicure

All Key Metrics — Medicure