Borgwarner (BWA) Interest Coverage Ratio (2009 - 2023)

Borgwarner (BWA) posted quarterly Interest Coverage Ratio of 27.75 for Q2 2023, up 99.16% year-over-year from 13.93 in Q2 2022, and up 1.28% on a QoQ basis from 27.4 in Q1 2023.

Borgwarner (BWA) Interest Coverage Ratio (2009 - 2023) Analysis & Trends

Borgwarner (BWA) has reported Interest Coverage Ratio for 15 consecutive years, with 27.75 the latest figure, recorded in Q2 2023.

  • In Q2 2023, Interest Coverage Ratio rose 99.16% year-over-year to 27.75; the TTM figure through Mar 2024 stood at 98.42 (up 356.62% YoY), while the FY2022 annual figure was 19.4, up 97.44% from the prior year.
  • Interest Coverage Ratio came in at 27.75 for Q2 2023 at Borgwarner, up from 27.4 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 39.83 in Q4 2019, with the low at 4.33 in Q2 2020.
  • Average Interest Coverage Ratio over 5 years is 17.79, with a median of 18.63 recorded in 2019.
  • Across the five-year window, Interest Coverage Ratio tumbled 121.29% in 2020 and jumped 908.47% in 2022, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 39.83 in 2019, then plunged by 51.16% to 19.45 in 2020, then sank by 116.85% to 3.28 in 2021, then surged by 908.47% to 26.5 in 2022, then climbed by 4.72% to 27.75 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 27.75, 27.4, and 26.5 for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn -
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 6.51
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn -
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 4.25
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 9.12
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 10.03
10 Mobileye Global 7.90 Bn 6.68 Bn 275.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 27.75
Mar 31, 2023 27.40
Dec 31, 2022 26.50
Sep 30, 2022 22.08
Jun 30, 2022 13.93
Mar 31, 2022 18.00
Dec 31, 2021 -3.28
Sep 30, 2021 14.06
Jun 30, 2021 8.13
Mar 31, 2021 22.39
Dec 31, 2020 19.45
Sep 30, 2020 14.20
Jun 30, 2020 -4.33
Mar 31, 2020 16.50
Dec 31, 2019 39.83
Sep 30, 2019 18.40
Jun 30, 2019 20.36
Mar 31, 2019 18.86
Dec 31, 2018 19.00
Sep 30, 2018 19.86