Airgain (AIRG) Interest Coverage Ratio (2015 - 2023)

Airgain (AIRG) reported Interest Coverage Ratio of 784.0 for Q4 2023, up 325.48% on a YoY basis from 184.26 in Q4 2022, and up 141.05% quarter-over-quarter from 1910.0 in Q3 2023.

Airgain (AIRG) Interest Coverage Ratio (2015 - 2023) Analysis & Trends

Airgain has reported Interest Coverage Ratio for 9 years, with the latest figure at 784.0 in Q4 2023.

  • For the quarter ending Q4 2023, Interest Coverage Ratio rose 325.48% year-over-year to 784.0; the trailing twelve-month figure through Sep 2024 stood at 1776.57 (up 1922.93% YoY), and the FY2024 full-year result was 68.74, up 95.01% from the prior year.
  • Interest Coverage Ratio for Q4 2023 stood at 784.0, up from 1910.0 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 784.0 in Q4 2023, with the low at 3046.0 in Q3 2021.
  • Historically, Interest Coverage Ratio has averaged 354.91 across 5 years, with a median of 137.47 in 2020.
  • The largest YoY upside for Interest Coverage Ratio was 325.48% in 2023 against a maximum downside of 1259.97% in 2023.
  • Airgain's Interest Coverage Ratio stood at 22.5 in 2019, then tumbled by 497.78% to 134.5 in 2020, then surged by 265.25% to 222.26 in 2021, then dropped by 17.1% to 184.26 in 2022, then soared by 325.48% to 784.0 in 2023.
  • The last three Interest Coverage Ratio figures came in at 784.0 (Q4 2023), 1910.0 (Q3 2023), and 201.09 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 10.50
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 8.91
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 4.73
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn -
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 28.15
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn -
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -15.05
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn -
10 Airgain 83.56 Mn 76.43 Mn 4.97 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 784.00
Sep 30, 2023 -1,910.00
Jun 30, 2023 -201.09
Mar 31, 2023 -697.50
Dec 31, 2022 184.26
Sep 30, 2022 -140.44
Jun 30, 2022 -107.53
Mar 31, 2022 -161.73
Dec 31, 2021 222.26
Sep 30, 2021 -3,046.00
Jun 30, 2021 -303.78
Mar 31, 2021 -268.71
Dec 31, 2020 -134.50
Jun 30, 2020 -54.36
Dec 31, 2019 -22.50
Mar 31, 2019 179.00
Dec 31, 2018 3,984.00
Sep 30, 2018 51.17
Jun 30, 2018 -364.90
Mar 31, 2018 -83.69