Airgain (AIRG) Interest Coverage Ratio (2015 - 2023)
Airgain's (AIRG) quarterly Interest Coverage Ratio came in at 784.0 in Q4 2023, up 554.56% on a YoY basis from 119.77 in Q4 2022, and up 141.05% quarter-over-quarter from 1910.0 in Q3 2023.
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Airgain (AIRG) Interest Coverage Ratio (2015 - 2023) Analysis & Trends
Airgain (AIRG) has reported Interest Coverage Ratio for 9 consecutive years, with 784.0 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Coverage Ratio rose 554.56% year-over-year to 784.0; the trailing twelve-month figure through Dec 2023 stood at 1377.78 (down 831.36% YoY), and the FY2024 full-year result was 330.67, up 76.0% from the prior year.
- Interest Coverage Ratio grew to 784.0 in Q4 2023 per AIRG's latest filing, from 1910.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 784.0 in Q4 2023 and bottomed at 3046.0 in Q3 2021.
- Historically, Interest Coverage Ratio has averaged 403.23 across 5 years, with a median of 167.1 in 2022.
- The widest YoY moves for Interest Coverage Ratio: up 554.56% in 2023, down 1259.97% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 22.5 in 2019, then sank by 497.78% to 134.5 in 2020, then plunged by 44.27% to 194.04 in 2021, then climbed by 11.12% to 172.47 in 2022, then surged by 554.56% to 784.0 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 784.0, 1910.0, and 201.09 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 11.43 |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 51.90 |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | - |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | - |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | -26.67 |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | - |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 5.99 |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 14.26 |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | - |
| 10 | Airgain | 68.65 Mn | 61.04 Mn | 5.79 Mn | - |
Historic Data
Download Data
Historic 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 | -172.47 |
| Sep 30, 2022 | -140.44 |
| Jun 30, 2022 | -107.53 |
| Mar 31, 2022 | -161.73 |
| Dec 31, 2021 | -194.04 |
| 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 | 1,119.00 |
| Sep 30, 2018 | 51.17 |
| Jun 30, 2018 | -364.90 |
| Mar 31, 2018 | -83.69 |