Minasmaquinas

Minasmaquinas Interest Coverage

The Interest Coverage Ratio of Minasmaquinas (MMAQ3.SA) as of Oct 15, 2026 is 8.06.

Interest Coverage

8.06

YoY

208,420.79%

Last updated:

Interest Coverage Ratio of Minasmaquinas is 2024 8.06 . Interest Coverage Ratio of Minasmaquinas was 2023 0.00 . It decreases by 208,420.79% higher compared to the previous year.

The Minasmaquinas Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
1.28 BRL
Jan 1, 2018
1.12 BRL
Jan 1, 2019
8.56 BRL
Jan 1, 2020
10.37 BRL
Jan 1, 2021
11.02 BRL
Jan 1, 2022
9.25 BRL
Jan 1, 2023
0.00 BRL
Jan 1, 2024
8.06 BRL
The Minasmaquinas Interest Coverage history
YEARInterest CoverageYoY
8.06+208,420.79%
0.00-99.96%
9.25-16.11%
11.02+6.27%
10.37+21.13%
8.56+664.42%
1.12-12.59%
1.28+68.06%
0.76+14.67%
0.66-85.01%
4.44—

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Minasmaquinas Stock analysis

What does Minasmaquinas do? Minasmaquinas SA, listed on the Brazilian stock market with ticker MMAQ3.SA and ISIN BRMMAQACNOR1, is headquartered in Belo Horizonte, Brazil. The company was founded on August 1, 1994, and operates primarily in the automotive sector. Minasmaquinas SA functions as a concessionaire for Mercedes Benz do Brasil Ltda within the state of Minas Gerais. Its business activities are structured into four main segments: New Vehicles, Used Vehicles, Parts and Repair, and Tires. The company markets and sells vehicles and automotive parts under the Mercedes-Benz brand, while also offering tire sales under the Michelin brand. Minasmaquinas SA provides services related to vehicle marketing and maintenance, focusing on commercial vehicles including trucks, buses, and vans. The company's website is https://www.minasmaquinas.com.br/. As a publicly traded entity, Minasmaquinas SA serves customers in the Minas Gerais region through its dealership network. The firm's operations are centered around the distribution and after-sales services for Mercedes-Benz vehicles and related products. Minasmaquinas is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Minasmaquinas stock

Interest Coverage Ratio of Minasmaquinas is 8.06 in 2024.

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

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Leverage — Minasmaquinas

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