AdaptHealth (AHCO) Interest Coverage Ratio (2019 - 2024)
AdaptHealth's (AHCO) Interest Coverage Ratio came in at 2.02 for Q3 2024, compared with -14.27 a year earlier and up 28.2% from the prior quarter.
AdaptHealth (AHCO) Interest Coverage Ratio (2019 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Interest Coverage Ratio at AdaptHealth was -0.40; for FY2023, it was -4.59.
- In prior years, AdaptHealth's Interest Coverage Ratio was 1.74 in FY2022 (-26.6%), 2.37 in FY2021 (+37.6%), 1.72 in FY2020 (+130.4%) and 0.75 in FY2019 (-82.1%).
- The Q3 2024 figure stands as the highest quarterly Interest Coverage Ratio since Q2 2022.
- On a year-over-year basis, Interest Coverage Ratio increased in 1 of the last five quarters, with an average decline of 14.3%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2022, with growth of 199.6%; the weakest was Q4 2022, with a decline of 67.5%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.58 (Q2 2024), 1.56 (Q1 2024) and -6.50 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 5.16 |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -85.16 |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 6.75 |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 7.39 |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -95.93 |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 7.36 |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | -7.38 |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 8.98 |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 3.54 |
| 10 | AdaptHealth | 768.76 Mn | 498.80 Mn | 104.21 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.02 |
| Jun 30, 2024 | 1.58 |
| Mar 31, 2024 | 1.56 |
| Dec 31, 2023 | -6.50 |
| Sep 30, 2023 | -14.27 |
| Jun 30, 2023 | 1.67 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.88 |
| Sep 30, 2022 | 1.86 |
| Jun 30, 2022 | 2.31 |
| Mar 31, 2022 | 2.08 |
| Dec 31, 2021 | 2.70 |
| Sep 30, 2021 | 3.12 |
| Jun 30, 2021 | 2.83 |
| Mar 31, 2021 | 0.69 |
| Dec 31, 2020 | 2.52 |
| Sep 30, 2020 | 1.07 |
| Jun 30, 2020 | 2.08 |
| Mar 31, 2020 | 1.04 |
| Dec 31, 2019 | 0.05 |
AdaptHealth Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AHCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "AHCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();