McGrath Interest Coverage from 2010 to 2026
| MGRC Stock | USD 116.85 1.61 1.40% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 4.65 | Current Value 7.46 | Quarterly Volatility 3.09600254 |
Check McGrath RentCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McGrath RentCorp's main balance sheet or income statement drivers, such as Interest Expense of 57 M, Total Revenue of 1.1 B or Gross Profit of 525.8 M, as well as many indicators such as Price To Sales Ratio of 1.9, Dividend Yield of 0.0198 or PTB Ratio of 1.93. McGrath financial statements analysis is a perfect complement when working with McGrath RentCorp Valuation or Volatility modules.
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Analyzing McGrath RentCorp's Interest Coverage over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Coverage has evolved provides context for assessing McGrath RentCorp's current valuation and future prospects.
Latest McGrath RentCorp's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of McGrath RentCorp over the last few years. It is McGrath RentCorp's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McGrath RentCorp's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
McGrath Interest Coverage Regression Statistics
| Arithmetic Mean | 8.99 | |
| Geometric Mean | 8.49 | |
| Coefficient Of Variation | 34.43 | |
| Mean Deviation | 2.38 | |
| Median | 8.96 | |
| Standard Deviation | 3.10 | |
| Sample Variance | 9.59 | |
| Range | 11.3683 | |
| R-Value | (0.18) | |
| Mean Square Error | 9.90 | |
| R-Squared | 0.03 | |
| Significance | 0.49 | |
| Slope | (0.11) | |
| Total Sum of Squares | 153.36 |
McGrath Interest Coverage History
About McGrath RentCorp Financial Statements
McGrath RentCorp stakeholders use historical fundamental indicators, such as McGrath RentCorp's Interest Coverage, to determine how well the company is positioned to perform in the future. Although McGrath RentCorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in McGrath RentCorp's assets and liabilities are reflected in the revenues and expenses on McGrath RentCorp'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 McGrath RentCorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 4.65 | 7.46 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether McGrath RentCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McGrath RentCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcgrath Rentcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcgrath Rentcorp Stock:Check out the analysis of McGrath RentCorp Correlation against competitors. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Will Trading Companies & Distributors sector continue expanding? Could McGrath diversify its offerings? Factors like these will boost the valuation of McGrath RentCorp. Expected growth trajectory for McGrath significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every McGrath RentCorp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.72) | Dividend Share 1.93 | Earnings Share 5.88 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
Understanding McGrath RentCorp requires distinguishing between market price and book value, where the latter reflects McGrath's accounting equity. The concept of intrinsic value - what McGrath RentCorp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push McGrath RentCorp's price substantially above or below its fundamental value.
Understanding that McGrath RentCorp's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether McGrath RentCorp represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, McGrath RentCorp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.