Argo Blockchain (ARBK) Interest Coverage Ratio (2021 - 2024)
Argo Blockchain recorded quarterly Interest Coverage Ratio of 0.12 in Q4 2024, down 103.95% quarter-over-quarter from 2.97 in Q3 2024, and down 32.86% year-over-year from 0.17 in Q1 2024.
Argo Blockchain's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 0.12 for Q4 2024.
- In Q4 2024, Interest Coverage Ratio fell 32.86% year-over-year to 0.12; the TTM figure through Dec 2024 stood at 2.21 (down 107.18% YoY), while the FY2025 annual figure was 3.19, down 41.7% from the prior year.
- Interest Coverage Ratio came in at 0.12 for Q4 2024 at Argo Blockchain, down from 2.97 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 94648351.65 in Q3 2021 to a low of 141094166.61 in Q4 2021.
- A 4-year average of 3097325.43 and a median of 1.81 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio tumbled 100.0% in 2022 and jumped 341.14% in 2023, its largest moves.
- Argo Blockchain's Interest Coverage Ratio stood at 141094166.61 in 2021, then jumped by 99.99% to 14067.98 in 2022, then surged by 100.0% to 0.09 in 2023, then tumbled by 32.86% to 0.12 in 2024.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.12, 2.97, and 2.57 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.56 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 1.38 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.90 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 2.23 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 5.83 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -15.74 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 460.34 |
| 10 | Argo Blockchain | 146.40 Mn | 144.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -0.12 |
| Sep 30, 2024 | 2.97 |
| Jun 30, 2024 | 2.57 |
| Mar 31, 2024 | 1.81 |
| Dec 31, 2023 | -0.09 |
| Sep 30, 2023 | 2.52 |
| Jun 30, 2023 | 1.86 |
| Mar 31, 2023 | 1.80 |
| Dec 31, 2022 | -14,067.98 |
| Sep 30, 2022 | 5.74 |
| Jun 30, 2022 | 10.28 |
| Mar 31, 2022 | -0.75 |
| Dec 31, 2021 | -141.09 Mn |
| Sep 30, 2021 | 94.65 Mn |
| Jun 30, 2021 | -27.03 |