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
DateValue
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