Argo Blockchain (ARBK) Interest Coverage Ratio (2021 - 2025)
Argo Blockchain's (ARBK) quarterly Interest Coverage Ratio came in at 3.49 in Q2 2025, up 61.71% year-over-year from 2.16 in Q2 2024, and up 44.81% quarter-over-quarter from 2.41 in Q3 2024.
Analysis
Argo Blockchain (ARBK) Interest Coverage Ratio (2021 - 2025) Analysis & Trends
Argo Blockchain has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 3.49 for Q2 2025.
- In Q2 2025, Interest Coverage Ratio rose 61.71% year-over-year to 3.49; the TTM figure through Jun 2025 stood at 2.4 (up 20.15% YoY), while the FY2025 annual figure was 3.19, up 41.7% from the prior year.
- Interest Coverage Ratio came in at 3.49 for Q2 2025 at Argo Blockchain, up from 2.41 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 94.65 in Q3 2021 to a low of 88.54 in Q1 2021.
- Average Interest Coverage Ratio over 5 years is 1.03, with a median of 2.06 recorded in 2023.
- Year-over-year, Interest Coverage Ratio tumbled 157.36% in 2022 and jumped 341.14% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 24.53 in 2021, then plunged by 157.36% to 14.07 in 2022, then soared by 114.62% to 2.06 in 2023, then gained by 17.29% to 2.41 in 2024, then soared by 44.81% to 3.49 in 2025.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 3.49 in Q2 2025, 2.41 in Q3 2024, and 2.16 in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn | - |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn | -25.36 |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn | -4.03 |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn | -89.11 |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - | -83.18 |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - | -113.92 |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn | 3.13 |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn | -66.59 |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn | -36.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 3.49 |
| Sep 30, 2024 | 2.41 |
| Jun 30, 2024 | 2.16 |
| Mar 31, 2024 | 1.81 |
| Sep 30, 2023 | 2.06 |
| Jun 30, 2023 | 1.86 |
| Mar 31, 2023 | 1.80 |
| Dec 31, 2022 | -14.07 |
| Sep 30, 2022 | 8.83 |
| Jun 30, 2022 | 7.75 |
| Mar 31, 2022 | -0.75 |
| Dec 31, 2021 | 24.53 |
| Sep 30, 2021 | 94.65 |
| Jun 30, 2021 | -32.61 |
| Mar 31, 2021 | -88.54 |