What is Ingevity's interest coverage?

Ingevity (NGVT) reported interest coverage of -0.9× in Q1 2026.

What is the long-term trend for Ingevity's interest coverage?

Over 3 years (2020 to 2025), Ingevity's interest coverage has grown at a -47.0% compound annual growth rate (CAGR), from 6× to -0.9×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

Ingevity NGVT Interest coverage

Interest coverage at other companies

Cabot CorporationCBT

7.5×-1.0×

PPG IndustriesPPG

10.2×+1.0×

Sherwin-WilliamsSHW

7.8×-2.3×

ChemoursCC

-0.1×-1.2×

InnospecIOSP

16.3×-1.4×

WestlakeWLK

-9.1×-13.1×

Other financials

Income statement

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Revenue$258.0M+4.1%

Gross profit$116.4M+4.0%

Net income$59.8M+192%

EPS (diluted)$1.66+196%

Balance sheet

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Cash & equivalents$95.4M+5.0%

Total debt$1.4B-9.0%

Total equity$38.9M-83.4%

Total assets$1.7B-19.7%

Cash flow

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Operating cash flow-$2.0M-108%

CapEx$10.3M+3.0%

Free cash flow-$12.3M-180%

Valuation

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Market cap$2.53B+73.9%

Enterprise value$3.8B+32.4%

P/S2.1×+0.9×

Profitability

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Gross margin39.3%+1.5pp

Net margin-10.6%-4.1pp

FCF margin20.3%+12.6pp

Returns & leverage

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Return on equity-93.5%+1.2pp

Debt / equity35.1×+28.7×

Current ratio1.4×-0.6×

Where this comes from

Calculated from Ingevity’s reported figures.

ebit/interest expense=-0.9×

Based on trailing twelve months.

The official record: Ingevity’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ingevity's interest coverage?: Ingevity (NGVT) reported interest coverage of -0.9× in Q1 2026.
What is the long-term trend for Ingevity's interest coverage?: Over 3 years (2020 to 2025), Ingevity's interest coverage has grown at a -47.0% compound annual growth rate (CAGR), from 6× to -0.9×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.