MaxiPARTS Limited

ASX MXI.AX

MaxiPARTS Limited Interest Coverage Ratio for the year ending June 30, 2024: 3.65

MaxiPARTS Limited Interest Coverage Ratio is 3.65 for the year ending June 30, 2024, a -41.75% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • MaxiPARTS Limited Interest Coverage Ratio for the year ending June 30, 2023 was 6.27, a 1.56% change year over year.
  • MaxiPARTS Limited Interest Coverage Ratio for the year ending June 30, 2022 was 6.17, a 28.89% change year over year.
  • MaxiPARTS Limited Interest Coverage Ratio for the year ending June 30, 2021 was 4.79, a 255.55% change year over year.
  • MaxiPARTS Limited Interest Coverage Ratio for the year ending June 30, 2020 was 1.35, a 110.79% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
ASX: MXI.AX

MaxiPARTS Limited

CEO Mr. Peter Oiva Loimaranta B.Commerce CA
IPO Date Dec. 29, 1994
Location Australia
Headquarters 22 Efficient Drive
Employees 786
Sector Consumer Discretionary
Industries
Description

MaxiPARTS Limited, together with its subsidiaries, distributes and sells commercial truck and trailer parts in Australia. It sells, wholesales, and trades in commercial vehicle parts to road transport operators, as well as commercial vehicle service and repair providers under the MaxiPARTS brand. The company offers lights, tools, oil and filters, axles, suspensions, and brakes; and approximately 10,000 truck and trailer parts online. As of June 30, 2022, it operated 28 sites. The company was formerly known as MaxiTRANS Industries Limited and changed its name to MaxiPARTS Limited in September 2021. MaxiPARTS Limited was founded in 1946 and is headquartered in Truganina, Australia.

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