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Newmarket Corporation  (NEU)
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Cumulative Newmarket's Interest Coverage ratios

NEU's Interest expense and Ebitda growth



NEU Interest Coverage (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Interest expense Change -31.26 % 10.18 % 44.76 % 14.53 % 7.06 %
Y / Y Ebitda Change -4.81 % 47.28 % 37 % 50.25 % 127.94 %
Interest Coverage (TTM) 16.18 15.05 14.08 14.15 13.22
Total Ranking # 140 # 445 # 126 # 607 # 683
Seq. Interest expense Change -22.89 % -10.08 % -4.81 % 4.16 % 23.59 %
Seq. Ebitda Change -17.87 % 3.61 % -0.66 % 12.59 % 27.08 %




Interest Coverage in the fourth quarter 2023 Comment
Newmarket's interest coverage sequentially grew from the third quarter 2023 to 16.18in the fourth quarter 2023, below company average.

Within Basic Materials sector 10 other companies have achieved higher interest coverage ratio during the Q4 2023. While Interest coverage ratio total ranking has improved in the fourth quarter 2023 to 140, from total ranking in the third quarter 2023 at 445.

What is Interest Coverage Ratio?
Source of Newmarket Corporation sales

Interest Coverage Company Ranking
Within: No.
Industry # 4
Sector # 11
S&P 500 # 140


Interest Coverage Statistics
High Average Low
27.05
18.14
9.49
(Sep. 30, 2015)   (Mar 31 2022)





Financial Statements
Newmarket's Interest expense $ 7 Millions Visit NEU's Income Statement
Newmarket's Ebitda $ 132 Millions Visit NEU's Income Statement
Where are NEU's Sales coming from? Visit NEU's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Basic Materials Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Royal Gold inc  39.89 $ 397.035  Millions$ 9.952  Millions
Solaris Oilfield Infrastructure inc   24.08 $ 79.631  Millions$ 3.307  Millions
Mp Materials Corp   16.74 $ 87.948  Millions$ 5.254  Millions
Baker Hughes Company  16.32 $ 3,526.000  Millions$ 216.000  Millions
Freeport mcmoran Inc   14.68 $ 7,559.000  Millions$ 515.000  Millions
Rogers Corp  11.61 $ 117.300  Millions$ 10.100  Millions
Clearwater Paper Corporation  9.48 $ 284.300  Millions$ 30.000  Millions
Weatherford International Plc  5.77 $ 710.000  Millions$ 123.000  Millions
Albemarle Corporation  4.83 $ 560.610  Millions$ 116.072  Millions
Huntsman Corporation  4.80 $ 312.000  Millions$ 65.000  Millions
Cleveland cliffs Inc   4.43 $ 1,281.000  Millions$ 289.000  Millions

Date modified: 2024-02-15T19:26:29+00:00



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