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| Date | Value |
|---|---|
| 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 |