BitVentures (BVC) Interest Coverage Ratio (2020 - 2023)
BitVentures (BVC) posted quarterly Interest Coverage Ratio of 4.34 for Q2 2023, down 99.42% year-over-year from 748.35 in Q2 2022, and down 99.42% quarter-over-quarter from 748.35 in Q2 2022.
BitVentures (BVC) Interest Coverage Ratio (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Interest Coverage Ratio for 4 consecutive years, with 4.34 the latest figure, recorded in Q2 2023.
- In Q2 2023, Interest Coverage Ratio fell 99.42% year-over-year to 4.34; the TTM figure through Jun 2023 stood at 24.27 (down 98.29% YoY), while the FY2025 annual figure was 307.08, down 3153.34% from the prior year.
- Interest Coverage Ratio eased to 4.34 in Q2 2023 per BVC's latest filing, from 748.35 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 748.35 in Q2 2022 and bottomed at 4.34 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 191.05 across 4 years, with a median of 5.76 in 2020.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 11539.9% — and 2023, when it plunged 99.42%.
- BitVentures' Interest Coverage Ratio stood at 5.1 in 2020, then rose by 26.18% to 6.43 in 2021, then surged by 11539.9% to 748.35 in 2022, then slumped by 99.42% to 4.34 in 2023.
- Business Quant data shows BVC's Interest Coverage Ratio at 4.34 in Q2 2023, 748.35 in Q2 2022, and 6.43 in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | BitVentures | 67.11 Mn | 67.11 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 4.34 |
| Jun 30, 2022 | 748.35 |
| Jun 30, 2021 | 6.43 |
| Jun 30, 2020 | 5.10 |