Growth Metrics

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

APi (APG) has disclosed Interest Coverage Ratio for 5 consecutive years, with 10.61 as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Interest Coverage Ratio rose 149.95% year-over-year to 10.61, compared with a TTM value of 14.76 through Sep 2024, up 708.41%, and an annual FY2023 reading of 2.48, up 91.04% over the prior year.
  • Interest Coverage Ratio was 10.61 for Q4 2023 at APi, up from 2.81 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 10.61 in Q4 2023 and bottomed at 20.86 in Q3 2019.
  • Average Interest Coverage Ratio over 5 years is 0.22, with a median of 0.79 recorded in 2020.
  • Peak annual rise in Interest Coverage Ratio hit 450.0% in 2020, while the deepest fall reached 301.3% in 2020.
  • Year by year, Interest Coverage Ratio stood at 8.4 in 2019, then crashed by 301.3% to 16.91 in 2020, then skyrocketed by 74.26% to 4.35 in 2021, then surged by 197.48% to 4.24 in 2022, then surged by 149.95% to 10.61 in 2023.
  • Business Quant data shows Interest Coverage Ratio for APG at 10.61 in Q4 2023, 2.81 in Q3 2023, and 0.16 in Q2 2023.