Mgp Ingredients Inc Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MGPI SEC filings page.
Mgp Ingredients Inc (MGPI) reported $521.1M in revenue over the twelve months to Mar 31, 2026, down 20.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation diverged sharply from reported earnings as asset restructuring and heavier fixed charges overwhelmed an otherwise cash-producing operation.
2025's accounting loss did not represent equivalent cash destruction: operating cash flow reached$121.5M and free cash flow$76.0M despite net income of-$107.8M . Alongside the goodwill balance falling by$132.1M , that gap points to substantial non-cash or non-recurring charges affecting reported earnings.
The business lost operating leverage rather than simply suffering lower volume: revenue declined to
Balance-sheet flexibility narrowed even though debt leverage remained moderate: the current ratio fell from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Mgp Ingredients Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Mgp Ingredients Inc has an operating margin of -17.6%, meaning the company loses $18 on every $100 of revenue. This results in a profitability score of 31/100. This is down from 10.6% the prior year.
Mgp Ingredients Inc's revenue declined 23.8% year-over-year, from $703.6M to $536.4M. This contraction results in a growth score of 5/100.
Mgp Ingredients Inc carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.61, Mgp Ingredients Inc holds $2.61 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 71/100.
Mgp Ingredients Inc converts 14.2% of revenue into free cash flow ($76.0M). This strong cash generation earns a score of 65/100.
Mgp Ingredients Inc posts a -15.0% return on equity (ROE), meaning it loses $15 for every $100 of shareholders' equity. This results in a returns score of 34/100. This is down from 4.2% the prior year.
Mgp Ingredients Inc scores 1.41, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Mgp Ingredients Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Mgp Ingredients Inc reported a net loss of $107.8M while generating $121.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Mgp Ingredients Inc reported an operating loss of $94.6M against $7.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Mgp Ingredients Inc generated $106.4M in revenue in Q1 2026. This represents a decrease of 12.5% from the same quarter a year earlier. Against the prior quarter it is down 23.1%.
Mgp Ingredients Inc's EBITDA was -$166.9M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3398.5% from the same quarter a year earlier. Against the prior quarter it is down 29.5%.
Mgp Ingredients Inc reported -$134.8M in net income in Q1 2026. This represents a decrease of 4357.8% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.
Mgp Ingredients Inc earned -$6.30 per diluted share (EPS) in Q1 2026. This represents a decrease of 4400.0% from the same quarter a year earlier. Against the prior quarter it is down 1.1%.
Cash & Balance Sheet
Mgp Ingredients Inc generated $1.2M in free cash flow in Q1 2026, representing cash available after capex. This represents a decrease of 95.0% from the same quarter a year earlier. Against the prior quarter it is down 94.9%.
Mgp Ingredients Inc held $10.4M in cash against $238.6M in long-term debt as of Q1 2026.
Mgp Ingredients Inc paid $0.12 per share in dividends in Q1 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Mgp Ingredients Inc's gross margin was 31.6% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 4.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.3 percentage points.
Mgp Ingredients Inc's ROE was -23.2% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 22.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.5 percentage points.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Mgp Ingredients Inc spent $886K on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 14.4% from the same quarter a year earlier.
Mgp Ingredients Inc invested $5.7M in capex in Q1 2026, funding long-term assets and infrastructure. This represents a decrease of 71.3% from the same quarter a year earlier. Against the prior quarter it is up 18.9%.
Not reported for Q1 2026.
MGPI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $106.4M-12.5% | $138.3M-23.5% | $130.9M-18.9% | $145.5M-23.7% | $121.7M-28.7% | $180.8M-15.9% | $161.5M-23.7% | $190.8M-8.7% |
| Cost of Revenue | $72.8M-7.0% | $90.1M-15.3% | $81.5M-14.8% | $87.1M-19.0% | $78.3M-27.3% | $106.3M-18.1% | $95.6M-30.8% | $107.6M-18.9% |
| Gross Profit | $33.6M-22.5% | $48.3M-35.2% | $49.4M-24.9% | $58.4M-29.9% | $43.3M-31.0% | $74.5M-12.5% | $65.8M-10.4% | $83.2M+9.1% |
| SG&A Expenses | $21.1M-0.7% | $21.5M+5.3% | $18.9M+10.0% | $23.2M+1.7% | $21.2M+1.1% | $20.4M-20.7% | $17.2M-20.2% | $22.8M-3.2% |
| Operating Income | -$173.2M-23086.2% | -$135.2M-344.1% | $21.0M-35.5% | $20.3M-53.2% | -$747K-102.6% | -$30.4M-170.7% | $32.6M+64.1% | $43.4M-1.7% |
| EBITDA | -$166.9M-3398.5% | -$128.9M-420.9% | $27.2M-28.9% | $26.1M-46.3% | $5.1M-85.2% | -$24.8M-150.6% | $38.2M+49.3% | $48.7M-1.5% |
| Income Tax | -$39.9M-6041.1% | -$1.8M-117.6% | $4.3M-43.4% | $4.3M-57.4% | $671K-89.3% | $10.1M+2.7% | $7.6M+72.7% | $10.1M-6.4% |
| Net Income | -$134.8M-4357.8% | -$134.6M-220.8% | $15.4M-35.5% | $14.4M-55.0% | -$3.0M-114.7% | -$42.0M-235.1% | $23.9M+80.9% | $32.1M-0.1% |
| EPS (Basic) | -$6.30-4400.0% | -$6.23-233.2% | $0.71-33.6% | $0.67-53.1% | -$0.14-115.2% | -$1.87-234.5% | $1.07+81.4% | $1.43-0.7% |
| EPS (Diluted) | -$6.30-4400.0% | -$6.23-233.2% | $0.71-33.6% | $0.67-53.1% | -$0.14-115.2% | -$1.87-234.5% | $1.07+84.5% | $1.43-0.7% |
| Diluted Shares (Avg) | 21M+0.2% | N/A | 21M-3.2% | 21M-3.4% | 21M-3.6% | N/A | 22M-1.4% | 22M-0.1% |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
MGPI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B-25.2% | $1.2B-12.1% | $1.4B-4.4% | $1.4B-3.3% | $1.4B-0.9% | $1.4B+1.0% | $1.4B+5.4% | $1.4B+2.8% |
| Current Assets | $506.0M-2.1% | $522.7M-4.3% | $510.8M-4.0% | $520.2M-4.8% | $516.7M+1.9% | $546.1M+6.2% | $532.0M+5.6% | $546.4M+4.9% |
| Cash & Equivalents | $10.4M-48.5% | $18.5M-27.0% | $13.4M-35.3% | $17.3M-17.6% | $20.1M+3.2% | $25.3M+37.4% | $20.8M-25.9% | $21.0M-4.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $45.9M+1.9% | $42.3M-3.8% | $47.7M-5.9% | $44.8M-7.0% | $45.1M-15.7% | $44.0M-20.8% | $50.7M-4.6% | $48.1M-15.2% |
| Accounts Receivable | $86.6M-19.7% | $116.2M-21.8% | $106.7M-18.2% | $117.2M-26.3% | $107.8M-18.9% | $148.5M+2.9% | $130.4M+3.0% | $159.0M+7.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0-100.0% | $115.7M-53.3% | $247.8M-22.9% | $247.8M-22.9% | $247.8M-22.9% | $247.8M-22.9% | $321.5M0.0% | $321.5M-1.3% |
| Total Liabilities | $451.7M-18.1% | $519.1M-9.4% | $523.5M-0.8% | $545.9M+0.9% | $551.5M+5.1% | $573.2M+5.5% | $527.7M-3.7% | $541.2M-8.0% |
| Current Liabilities | $185.0M+1.5% | $200.1M+116.4% | $183.9M+123.4% | $178.6M+110.6% | $182.3M+127.2% | $92.5M-19.0% | $82.3M-8.6% | $84.8M-28.5% |
| Non-Current Liabilities | $266.7M-27.8% | $319.0M-33.6% | $339.6M-23.8% | $367.3M-19.5% | $369.2M-16.9% | $480.8M+12.0% | $445.4M-2.8% | $456.4M-2.8% |
| Long-Term Debt | $238.6M-17.9% | $245.9M-22.5% | $262.3M-7.5% | $290.7M-4.1% | $290.7M-1.3% | $317.1M+12.9% | $283.6M-8.6% | $303.0M-4.9% |
| Total Equity | $581.3M-29.8% | $718.4M-13.9% | $855.2M-6.5% | $841.8M-5.9% | $828.3M-4.5% | $834.2M-1.9% | $914.5M+11.6% | $894.5M+10.6% |
| Retained Earnings | $308.3M-44.8% | $445.7M-21.0% | $583.0M-4.2% | $570.2M-2.9% | $558.3M+0.1% | $563.9M+4.5% | $608.5M+19.0% | $587.3M+17.2% |
MGPI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.0M-84.4% | $29.1M+1.1% | $36.1M-17.8% | $11.7M+135.4% | $44.7M+81.5% | $28.8M-18.2% | $43.9M+54.4% | $5.0M-67.2% |
| Depreciation & Amortization | $6.3M+7.9% | $6.3M+10.0% | $6.2M+8.9% | $5.8M+9.4% | $5.8M+9.8% | $5.7M-2.6% | $5.7M-1.8% | $5.3M+0.2% |
| Stock-Based Compensation | $673K-9.3% | N/A | N/A | N/A | $742K-33.5% | N/A | N/A | N/A |
| Capital Expenditures | $5.7M-71.3% | $4.8M-73.7% | $8.5M-56.2% | $12.2M+92.0% | $19.9M-26.3% | $18.3M+38.8% | $19.5M+62.0% | $6.4M-53.9% |
| Free Cash Flow | $1.2M-95.0% | $24.3M+132.5% | $27.6M+12.7% | -$557K+60.6% | $24.8M+1130.3% | $10.4M-52.5% | $24.5M+48.9% | -$1.4M-207.2% |
| Investing Cash Flow | -$3.8M+81.1% | -$4.8M+73.8% | -$8.5M+56.2% | -$12.2M-91.5% | -$19.9M+26.9% | -$18.4M-46.8% | -$19.5M-75.4% | -$6.4M+94.6% |
| Financing Cash Flow | -$11.1M+63.3% | -$19.2M-234.2% | -$31.2M-25.9% | -$2.9M-197.8% | -$30.2M-902.0% | -$5.8M+82.2% | -$24.8M-119.8% | $3.0M-96.8% |
| Dividends Paid | $2.6M+0.8% | $2.6M-1.2% | $2.6M-3.2% | $2.6M-3.4% | $2.6M-3.5% | $2.6M-1.9% | $2.7M+0.2% | $2.7M+0.2% |
| Share Buybacks | $886K-14.4% | $0-100.0% | $0-100.0% | $0-100.0% | $1.0M-85.1% | $36.5M | $2.5M | $2.8M |
MGPI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.6%-4.1pp | 34.9%-6.3pp | 37.8%-3.0pp | 40.1%-3.5pp | 35.6%-1.2pp | 41.2%+1.6pp | 40.8%+6.0pp | 43.6%+7.1pp |
| Operating Margin | -162.7% | -97.8%-80.9pp | 16.1%-4.1pp | 14.0%-8.8pp | -0.6%-17.6pp | -16.8%-36.9pp | 20.2%+10.8pp | 22.7%+1.6pp |
| Net Margin | -126.7% | -97.3%-74.1pp | 11.8%-3.0pp | 9.9%-6.9pp | -2.5%-14.6pp | -23.2%-37.7pp | 14.8%+8.6pp | 16.8%+1.4pp |
| Return on Equity | -23.2%-22.8pp | -18.7%-13.7pp | 1.8%-0.8pp | 1.7%-1.9pp | -0.4%-2.8pp | -5.0%-8.7pp | 2.6%+1.0pp | 3.6%-0.4pp |
| Return on Assets | -13.1%-12.8pp | -10.9%-7.9pp | 1.1%-0.5pp | 1.0%-1.2pp | -0.2%-1.7pp | -3.0%-5.2pp | 1.7%+0.7pp | 2.2%-0.1pp |
| Current Ratio | 2.74-0.1x | 2.61-3.3x | 2.78-3.7x | 2.91-3.5x | 2.83-3.5x | 5.91+1.4x | 6.46+0.9x | 6.44+2.1x |
| Debt-to-Equity | 0.41+0.1x | 0.340.0x | 0.310.0x | 0.350.0x | 0.350.0x | 0.380.0x | 0.31-0.1x | 0.34-0.1x |
| Asset Turnover | 0.100.0x | 0.110.0x | 0.100.0x | 0.100.0x | 0.090.0x | 0.130.0x | 0.110.0x | 0.130.0x |
| FCF Margin | 1.2%-19.2pp | 17.5%+11.8pp | 21.1%+5.9pp | -0.4%+0.4pp | 20.3%+21.8pp | 5.8%-4.5pp | 15.2%+7.4pp | -0.7%-1.4pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Mgp Ingredients Inc MGPI | FY2025 | $536.4M | -$107.8M | -20.1% | $352.7M | 45/100 |
| Heritage Distilling Holding Company, Inc CASK | FY2025 | $10.1M | -$137.7M | N/A | $125.8M | 34/100 |
| Sunopta Inc STKL | FY2026 | $817.7M | $15.8M | 1.9% | $769.4M | 42/100 |
| Willamette Valy WVVIP | FY2025 | $37.2M | -$918K | -2.5% | N/A | 29/100 |
| Splash Beverage Group Inc SBEV | FY2025 | $73K | N/A | N/A | $3.0M | — |
Where Mgp Ingredients Inc Ranks
Frequently Asked Questions
What is Mgp Ingredients Inc's annual revenue?
Mgp Ingredients Inc (MGPI) reported $536.4M in total revenue for fiscal year 2025. This represents a -23.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mgp Ingredients Inc's revenue growing?
Mgp Ingredients Inc (MGPI) revenue declined by 23.8% year-over-year, from $703.6M to $536.4M in fiscal year 2025.
Is Mgp Ingredients Inc profitable?
No, Mgp Ingredients Inc (MGPI) reported a net income of -$107.8M in fiscal year 2025, with a net profit margin of -20.1%.
What is Mgp Ingredients Inc's EBITDA?
Mgp Ingredients Inc (MGPI) had EBITDA of -$70.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Mgp Ingredients Inc have?
As of fiscal year 2025, Mgp Ingredients Inc (MGPI) had $18.5M in cash and equivalents against $245.9M in long-term debt.
What is Mgp Ingredients Inc's gross margin?
Mgp Ingredients Inc (MGPI) had a gross margin of 37.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Mgp Ingredients Inc's operating margin?
Mgp Ingredients Inc (MGPI) had an operating margin of -17.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Mgp Ingredients Inc's net profit margin?
Mgp Ingredients Inc (MGPI) had a net profit margin of -20.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Mgp Ingredients Inc pay dividends?
Yes, Mgp Ingredients Inc (MGPI) paid $0.48 per share in dividends during fiscal year 2025.
What is Mgp Ingredients Inc's return on equity (ROE)?
Mgp Ingredients Inc (MGPI) has a return on equity of -15.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Mgp Ingredients Inc's free cash flow?
Mgp Ingredients Inc (MGPI) generated $76.0M in free cash flow during fiscal year 2025. This represents a 144.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Mgp Ingredients Inc's operating cash flow?
Mgp Ingredients Inc (MGPI) generated $121.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Mgp Ingredients Inc's total assets?
Mgp Ingredients Inc (MGPI) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Mgp Ingredients Inc's capital expenditures?
Mgp Ingredients Inc (MGPI) invested $45.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Mgp Ingredients Inc's current ratio?
Mgp Ingredients Inc (MGPI) had a current ratio of 2.61 as of fiscal year 2025, which is generally considered healthy.
What is Mgp Ingredients Inc's debt-to-equity ratio?
Mgp Ingredients Inc (MGPI) had a debt-to-equity ratio of 0.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mgp Ingredients Inc's return on assets (ROA)?
Mgp Ingredients Inc (MGPI) had a return on assets of -8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Mgp Ingredients Inc's P/E ratio?
Mgp Ingredients Inc (MGPI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to March 31, 2026). The market capitalization is $352.7M as of Sep 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Mgp Ingredients Inc's price-to-sales ratio?
Mgp Ingredients Inc (MGPI) trades at 0.7x sales, its market capitalization divided by revenue of $521.1M revenue, trailing 12 months to March 31, 2026. The market capitalization is $352.7M as of Sep 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Mgp Ingredients Inc's Altman Z-Score?
Mgp Ingredients Inc (MGPI) has an Altman Z-Score of 1.41, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Mgp Ingredients Inc's Piotroski F-Score?
Mgp Ingredients Inc (MGPI) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mgp Ingredients Inc's earnings high quality?
Mgp Ingredients Inc (MGPI) reported a net loss of $107.8M while generating $121.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mgp Ingredients Inc cover its interest payments?
Mgp Ingredients Inc (MGPI) reported an operating loss of $94.6M against $7.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mgp Ingredients Inc?
Mgp Ingredients Inc (MGPI) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.