Montrose Interest Coverage from 2010 to 2024

MEG Stock  USD 18.82  0.10  0.53%   
Montrose Environmental's Interest Coverage is decreasing over the last several years with slightly volatile swings. Interest Coverage is predicted to flatten to -3.83. During the period from 2010 to 2024 Montrose Environmental Grp Interest Coverage regressed destribution of quarterly values had coefficient of variationof (93.68) and r-value of (0.58). View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
(3.65)
Current Value
(3.83)
Quarterly Volatility
1.58978755
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Montrose Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Montrose Environmental's main balance sheet or income statement drivers, such as Interest Expense of 8.2 M, Selling General Administrative of 172.8 M or Total Revenue of 424.2 M, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0094 or PTB Ratio of 3.83. Montrose financial statements analysis is a perfect complement when working with Montrose Environmental Valuation or Volatility modules.
  
Check out the analysis of Montrose Environmental Correlation against competitors.

Latest Montrose Environmental's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Montrose Environmental Grp over the last few years. It is Montrose Environmental's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Montrose Environmental's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Montrose Interest Coverage Regression Statistics

Arithmetic Mean(1.70)
Geometric Mean1.48
Coefficient Of Variation(93.68)
Mean Deviation1.25
Median(0.96)
Standard Deviation1.59
Sample Variance2.53
Range6.3251
R-Value(0.58)
Mean Square Error1.82
R-Squared0.33
Significance0.02
Slope(0.20)
Total Sum of Squares35.38

Montrose Interest Coverage History

2024 -3.83
2023 -3.65
2022 -5.26
2021 1.07
2020 -2.2
2019 -2.95

About Montrose Environmental Financial Statements

Montrose Environmental stakeholders use historical fundamental indicators, such as Montrose Environmental's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Montrose Environmental investors may analyze each financial statement separately, they are all interrelated. For example, changes in Montrose Environmental's assets and liabilities are reflected in the revenues and expenses on Montrose Environmental's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Montrose Environmental Grp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage(3.65)(3.83)

Currently Active Assets on Macroaxis

When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:
Check out the analysis of Montrose Environmental Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Montrose Environmental. If investors know Montrose will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.48)
Revenue Per Share
21.013
Quarterly Revenue Growth
0.064
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.