Magnite, Inc.

NasdaqGS MGNI

Magnite, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 1.35

Magnite, Inc. Interest Coverage Ratio is 1.35 for the Trailing 12 Months (TTM) ending September 30, 2024, a 122.38% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Magnite, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was -6.04, a -142.27% change year over year.
Magnite, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was -2.50, a 34.78% change year over year.
Magnite, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was -3.83, a 99.73% change year over year.
Magnite, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was -1,392.69.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NasdaqGS: MGNI

Magnite, Inc.

CEO	Mr. Michael G. Barrett
IPO Date	April 2, 2014
Location	United States
Headquarters	1250 Broadway
Employees	911
Sector	Finance
Industries Stock Exchanges & Brokers Advertising & Marketing Auctions Digital Advertising E-commerce Internet Services & Media Retail & Wholesale Television Networks

Description

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Key trends

Past 5 years