Boxlight (BOXL) Interest Coverage Ratio (2016 - 2024)
Boxlight (BOXL) posted quarterly Interest Coverage Ratio of 1.38 for Q1 2024, down 1779.86% year-over-year from 0.08 in Q2 2023, and up 78.19% on a QoQ basis from 6.34 in Q4 2023.
Boxlight (BOXL) Interest Coverage Ratio (2016 - 2024) Analysis & Trends
Boxlight (BOXL) has reported Interest Coverage Ratio for 9 consecutive years, with 1.38 the latest figure, recorded in Q1 2024.
- In Q1 2024, Interest Coverage Ratio fell 1779.86% year-over-year to 1.38; the TTM figure through Dec 2024 stood at 7.47 (down 207.82% YoY), while the FY2023 annual figure was 2.43, down 889.61% from the prior year.
- Interest Coverage Ratio came in at 1.38 for Q1 2024 at Boxlight, up from 6.34 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 4.03 in Q3 2021, with the low at 7.17 in Q4 2021.
- Average Interest Coverage Ratio over 5 years is 1.29, with a median of 1.26 recorded in 2020.
- Across the five-year window, Interest Coverage Ratio jumped 260.77% in 2021 and slumped 1852.32% in 2023, its largest moves.
- Year by year, Interest Coverage Ratio stood at 1.38 in 2020, then tumbled by 620.87% to 7.17 in 2021, then soared by 95.47% to 0.32 in 2022, then plunged by 1852.32% to 6.34 in 2023, then soared by 78.19% to 1.38 in 2024.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.38, 6.34, and 3.88 for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,319.52 Bn | 4,251.01 Bn | 54.78 Bn | - |
| 2 | Sonos | 1.61 Bn | 1.36 Bn | 124.65 Mn | -303.61 |
| 3 | Zepp Health | 1.32 Bn | -101.84 Bn | 19.44 Mn | 10.70 |
| 4 | Vuzix | 214.94 Mn | 193.79 Mn | 375,000.00 | - |
| 5 | UTime | 79.34 Mn | 37.42 Mn | - | - |
| 6 | Universal Electronics | 59.18 Mn | 29.36 Mn | 20.60 Mn | - |
| 7 | Axil Brands | 44.10 Mn | 38.58 Mn | 5.04 Mn | 149.30 |
| 8 | Foxx Development Holdings | 23.69 Mn | 20.50 Mn | -1.45 Mn | -14.74 |
| 9 | Fenbo Holdings | 10.51 Mn | 7.81 Mn | - | - |
| 10 | Boxlight | 2.55 Mn | -4.35 Mn | 6.94 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -1.38 |
| Dec 31, 2023 | -6.34 |
| Sep 30, 2023 | -3.88 |
| Jun 30, 2023 | 0.74 |
| Mar 31, 2023 | -0.07 |
| Dec 31, 2022 | -0.32 |
| Sep 30, 2022 | 2.49 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | -1.49 |
| Dec 31, 2021 | -7.17 |
| Sep 30, 2021 | 4.03 |
| Jun 30, 2021 | 2.03 |
| Mar 31, 2021 | -2.00 |
| Dec 31, 2020 | 1.38 |
| Sep 30, 2020 | -3.30 |
| Jun 30, 2020 | -1.26 |
| Mar 31, 2020 | -5.80 |
| Dec 31, 2019 | -6.09 |
| Sep 30, 2019 | -2.60 |
| Jun 30, 2019 | -2.57 |