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| Date | Value |
|---|---|
| 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 |