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Mettler-Toledo International Inc. (MTD) Interest Coverage Ratio: 16.32x

The interest coverage ratio for Mettler-Toledo International Inc. (MTD) is 16.32x as of Wednesday, June 17, 2026.

MTD Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

16.32x

MTD Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Mettler-Toledo International Inc. (MTD)$23.27B16.32xN/AN/AN/A
United Therapeutics Corporation (UTHR)vs ›$23.27B77.81x54.95x40.03x35.88x
BioNTech SE (BNTX)vs ›$22.91B-45.74x444.02x1201.03x1201.03x
Waters Corporation (WAT)vs ›$23.70B12.84x11.03x12.05x13.28x
Moderna, Inc. (MRNA)vs ›$21.98B-307.40x531.75x531.75x531.75x
Labcorp Holdings Inc. (LH)vs ›$21.71B6.77x5.99x5.91x8.30x
Veeva Systems Inc. (VEEV)vs ›$26.16BN/AN/AN/AN/A
DexCom, Inc. (DXCM)vs ›$28.23B49.83x40.70x32.97x24.93x
Biogen Inc. (BIIB)vs ›$28.88B7.63x8.79x9.45x11.57x
Hologic, Inc. (HOLX)vs ›$16.97B16.73x11.98x11.81x13.87x

Financial Health Indicators

Interest Coverage

16.3x

Debt/Equity

-99.14

Current Ratio

1.14

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.

Mettler-Toledo International Inc. 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

Mettler-Toledo International Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Mettler-Toledo International Inc. (MTD)?
The interest coverage ratio for MTD stock is 16.32x.

About Mettler-Toledo International Inc.

Mettler-Toledo International Inc. (MTD) is a global enterprise dedicated to the production and provision of precision instruments and related services. The company's operations are strategically organized across five geographical divisions: its domestic U.S. market, Swiss operations, Western European activities, Chinese operations, and an 'Other' segment covering remaining territories. Their extensive product portfolio serves diverse scientific and industrial needs. Within the laboratory sphere, Mettler-Toledo supplies a comprehensive array of equipment, including high-precision balances, advanced liquid handling systems (such as pipetting solutions), automated laboratory reactors, titrators, pH meters, sensors and analyzers for process analytics, instruments for evaluating physical properties, thermal analysis systems, and various other analytical tools. These hardware offerings are complemented by LabX, their proprietary software platform designed for managing and analyzing instrument-generated data. For industrial applications, the company offers robust weighing instruments with associated terminals, automated systems for dimensional measurement and data capture, heavy-duty vehicle scales, specialized industrial software, and a full suite of product inspection technologies. This includes metal detectors, X-ray inspection systems, checkweighers, camera-based imaging equipment, and solutions for track-and-trace. Additionally, Mettler-Toledo provides sophisticated retail weighing solutions, encompassing networked scales and accompanying software, standalone scales, and automated packaging and labeling systems specifically tailored for fresh food items. The company caters to a wide spectrum of clients, including the life sciences sector, independent research organizations, testing laboratories, food and beverage manufacturers, food retailers, chemical, specialty chemical, and cosmetics companies, transportation and logistics firms, metals and electronics industries, and the academic community. Sales and support are conducted through both a direct sales force and an established network of indirect distribution channels. Mettler-Toledo International Inc. was founded in 1991 and is headquartered in Columbus, Ohio.

Columbus, OH
16,000 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Patrick K. Kaltenbach