MTY Food Group Inc.

Toronto Stock Exchange MTY.TO

MTY Food Group Inc. Interest Coverage Ratio for the year ending November 30, 2023: 2.73

MTY Food Group Inc. Interest Coverage Ratio is 2.73 for the year ending November 30, 2023, a -62.73% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

MTY Food Group Inc. Interest Coverage Ratio for the year ending November 30, 2022 was 7.33, a -27.39% change year over year.
MTY Food Group Inc. Interest Coverage Ratio for the year ending November 30, 2021 was 10.09, a 206.98% change year over year.
MTY Food Group Inc. Interest Coverage Ratio for the year ending November 30, 2020 was -9.43, a -245.79% change year over year.
MTY Food Group Inc. Interest Coverage Ratio for the year ending November 30, 2019 was 6.47, a -22.13% change year over year.

Key data

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

Toronto Stock Exchange: MTY.TO

MTY Food Group Inc.

CEO	Mr. Eric Lefebvre C.P.A., CA, CPA, M.B.A., MBA, QC
IPO Date	May 13, 2010
Location	Canada
Headquarters	8210 Trans-Canada Highway
Employees	7,326
Sector	Consumer Discretionary
Industries Restaurants Fast Food Frozen Foods

Description

MTY Food Group Inc. franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. The company also sells retail products under a multitude of banners. As of November 30, 2021, the company had 6,719 locations comprising 6,603 franchised, 23 joint ventures, and 93 corporate locations. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group Inc. in July 2003. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada.

Key trends

Past 5 years