Cash Flow Statement
Growth Metrics

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

APi's Interest Coverage Ratio history spans 6 years, with the latest figure at 2.94 for Q1 2024.

  • For Q1 2024, Interest Coverage Ratio rose 49.07% year-over-year to 2.94; the TTM value through Dec 2024 reached 14.24, up 700.05%, while the annual FY2023 figure was 2.48, 506.83% up from the prior year.
  • Interest Coverage Ratio reached 2.94 in Q1 2024 per APG's latest filing, up from 2.27 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 4.77 in Q3 2020 to a low of 16.71 in Q1 2020.
  • Average Interest Coverage Ratio over 5 years is 0.15, with a median of 1.27 recorded in 2020.
  • Peak YoY movement for Interest Coverage Ratio: tumbled 485.71% in 2020, then surged 861.0% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.27 in 2020, then crashed by 442.02% to 4.35 in 2021, then skyrocketed by 128.56% to 1.24 in 2022, then skyrocketed by 82.81% to 2.27 in 2023, then increased by 29.41% to 2.94 in 2024.
  • Per Business Quant, the three most recent readings for APG's Interest Coverage Ratio are 2.94 (Q1 2024), 2.27 (Q4 2023), and 2.81 (Q3 2023).