MP Materials Corp. (MP) Interest Coverage Ratio: -3.90x
The interest coverage ratio for MP Materials Corp. (MP) is -3.90x as of Friday, June 12, 2026.
MP Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-3.90x
MP Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $10.25B | -3.90x | N/A | N/A | N/A |
| United States Steel Corporation (X) | $12.42B | 10.00x | 18.21x | 17.86x | 14.55x |
| Alcoa Corporation (AA) | $18.20B | 4.80x | 6.13x | 9.43x | 8.81x |
| DuPont de Nemours, Inc. (DD) | $19.20B | 2.75x | 3.88x | 4.05x | 3.80x |
| International Flavors & Fragrances Inc. (IFF) | $20.02B | 3.68x | 3.09x | 3.09x | 3.13x |
| Vulcan Materials Company (VMC) | $36.36B | 3.41x | 5.28x | 5.86x | 6.14x |
| Nucor Corporation (NUE) | $59.42B | 45.07x | 29.07x | 32.86x | 37.72x |
| Air Products and Chemicals, Inc. (APD) | $63.08B | -4.10x | 17.23x | 17.20x | 17.49x |
| Ecolab Inc. (ECL) | $74.12B | 12.08x | 9.90x | 8.00x | 7.79x |
| The Sherwin-Williams Company (SHW) | $78.49B | 8.11x | 8.41x | 8.15x | 8.08x |
Financial Health Indicators
Interest Coverage
-3.9x
Debt/Equity
0.44
Current Ratio
7.24
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
MP Materials Corp. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MP Materials Corp. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for MP Materials Corp. (MP)?
- The interest coverage ratio for MP stock is -3.90x.
About MP Materials Corp.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- James Henry Litinsky