Apple (AAPL) Interest Coverage Ratio (2013 - 2016)
Apple's (AAPL) quarterly Interest Coverage Ratio came in at 43.57 in Q1 2016, down 61.14% on a YoY basis from 112.13 in Q1 2015, and down 50.25% quarter-over-quarter from 87.58 in Q4 2015.
Analysis
Apple (AAPL) Interest Coverage Ratio (2013 - 2016) Analysis & Trends
Apple (AAPL) has reported Interest Coverage Ratio for 4 consecutive years, with 43.57 the latest figure, recorded in Q1 2016.
- For the quarter ending Q1 2016, Interest Coverage Ratio fell 61.14% year-over-year to 43.57; the trailing twelve-month figure through Mar 2016 stood at 64.54 (down 48.65% YoY), and the FY2015 full-year result was 97.18, down 28.93% from the prior year.
- Interest Coverage Ratio declined to 43.57 in Q1 2016 per AAPL's latest filing, from 87.58 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 207.89 in Q4 2013 and bottomed at 43.57 in Q1 2016.
- Historically, Interest Coverage Ratio has averaged 118.5 across 4 years, with a median of 107.48 in 2014.
- The sharpest annual moves came in 2014 and 2016: Interest Coverage Ratio dropped 10.97% in 2014, then plunged 61.14% in 2016.
- Over 4 years, Interest Coverage Ratio stood at 207.89 in 2013, then dropped by 10.97% to 185.08 in 2014, then sank by 52.68% to 87.58 in 2015, then sank by 50.25% to 43.57 in 2016.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 43.57, 87.58, and 61.44 for Q1 2016, Q4 2015, and Q3 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | - |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | - |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 | - |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn | -7.33 |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn | -14.74 |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 26, 2016 | 43.57 |
| Dec 26, 2015 | 87.58 |
| Sep 26, 2015 | 61.44 |
| Jun 27, 2015 | 70.06 |
| Mar 28, 2015 | 112.13 |
| Dec 27, 2014 | 185.08 |
| Sep 27, 2014 | 97.09 |
| Jun 28, 2014 | 102.82 |
| Mar 29, 2014 | 159.92 |
| Dec 28, 2013 | 207.89 |
| Sep 28, 2013 | 120.84 |
| Jun 29, 2013 | 173.60 |