Meritage Hospitality Group

Meritage Hospitality Group Interest Coverage

The Interest Coverage Ratio of Meritage Hospitality Group (MHGU) as of Oct 13, 2026 is 2.04. In the previous year, Interest Coverage Ratio was 3.03 — a change of -32.59% (lower).

Interest Coverage

2.04

YoY

-32.59%

Last updated:

Interest Coverage Ratio of Meritage Hospitality Group is 2019 2.04 . Interest Coverage Ratio of Meritage Hospitality Group was 2018 3.03 . It decreases by -32.59% lower compared to the previous year.

The Meritage Hospitality Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2014
2.29 USD
Jan 1, 2015
4.42 USD
Jan 1, 2016
4.59 USD
Jan 1, 2017
3.12 USD
Jan 1, 2018
3.03 USD
Jan 1, 2019
2.04 USD
The Meritage Hospitality Group Interest Coverage history
YEARInterest CoverageYoY
2.04-32.59%
3.03-3.00%
3.12-31.93%
4.59+3.69%
4.42+93.38%
2.29—
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Meritage Hospitality Group Stock analysis

What does Meritage Hospitality Group do? The Meritage Hospitality Group Inc is a publicly traded company specializing in the restaurant and hospitality industry in the United States. It was founded in 1996 and is headquartered in Grand Rapids, Michigan. The business model of Meritage Hospitality Group is simple: the company operates fast-food restaurants both as its own brand and as a franchisee. The company focuses on well-known brands such as Wendy's, Burger King, Taco Bell, and many more. With over 325 restaurants in 16 US states, the company is one of the leading operators in the fast-food sector. Meritage Hospitality Group Inc operates both company-owned and franchise-operated restaurants. The company offers various products and services, including fast-food restaurants, catering services, and franchise opportunities. In its restaurants, they offer a wide range of snacks and meals, ranging from burgers and fries to pizza and pasta. To boost the franchise business, Meritage Hospitality Group provides support to prospective franchisees in choosing locations, building and opening restaurants, as well as marketing and personnel recruitment. The company emphasizes the importance of well-trained employees and places great emphasis on training and further education. Another business area of Meritage Hospitality Group is catering. The company offers various food and beverage options for events and celebrations. The catering service team is supervised by experienced staff and allows customers to create their own menus. With its diverse offerings and successful business strategy, Meritage Hospitality Group Inc has achieved continuous growth in recent years. In 2020, the company increased its revenue by approximately 16 percent compared to the previous year, reaching around 271 million US dollars. In conclusion, Meritage Hospitality Group Inc is a well-known company in the restaurant and hospitality industry in the United States. With a wide range of fast-food restaurants, catering services, and franchise opportunities, the company has developed a successful business strategy. The company has extensive experience and operates over 325 restaurants in 16 US states. Meritage Hospitality Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Meritage Hospitality Group stock

Interest Coverage Ratio of Meritage Hospitality Group is 2.04 in 2019.

Interest Coverage Ratio of Meritage Hospitality Group changed from 3.03 to 2.04, representing a -32.59% change. The value is lower than the previous year.

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

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Leverage — Meritage Hospitality Group

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