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APi Group (APG) Interest Coverage Ratio: 2019-2024

Historic Interest Coverage Ratio for APi Group (APG) over the last 5 years, with Mar 2024 value amounting to 2.94.

  • APi Group's Interest Coverage Ratio rose 49.07% to 2.94 in Q1 2024 from the same period last year, while for Mar 2024 it was 2.72, marking a year-over-year increase of 51.64%. This contributed to the annual value of 2.48 for FY2023, which is 91.04% up from last year.
  • As of Q1 2024, APi Group's Interest Coverage Ratio stood at 2.94, which was up 29.41% from 2.27 recorded in Q4 2023.
  • In the past 5 years, APi Group's Interest Coverage Ratio ranged from a high of 4.77 in Q3 2020 and a low of -16.71 during Q1 2020.
  • Moreover, its 3-year median value for Interest Coverage Ratio was 2.11 (2022), whereas its average is 1.98.
  • Per our database at Business Quant, APi Group's Interest Coverage Ratio crashed by 485.71% in 2020 and then soared by 861.00% in 2023.
  • Over the past 5 years, APi Group's Interest Coverage Ratio (Quarterly) stood at -1.91 in 2020, then soared by 254.06% to 2.94 in 2021, then plummeted by 54.97% to 1.32 in 2022, then skyrocketed by 71.61% to 2.27 in 2023, then surged by 49.07% to 2.94 in 2024.
  • Its last three reported values are 2.94 in Q1 2024, 2.27 for Q4 2023, and 2.81 during Q3 2023.