Borgwarner (BWA) Interest Coverage Ratio (2009 - 2023)
Borgwarner (BWA) recorded quarterly Interest Coverage Ratio of 27.75 in Q2 2023, up 1.28% quarter-over-quarter from 27.4 in Q1 2023, and up 99.16% on a YoY basis from 13.93 in Q2 2022.
Borgwarner (BWA) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
Borgwarner's Interest Coverage Ratio history runs 15 years deep, the most recent figure standing at 27.75 for 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 was 27.75 for Q2 2023 at Borgwarner, up from 27.4 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 39.83 in Q4 2019 to a low of 4.33 in Q2 2020.
- Historically, Interest Coverage Ratio has averaged 17.79 across 5 years, with a median of 18.63 in 2019.
- The sharpest annual moves came in 2020 and 2022: Interest Coverage Ratio slumped 121.29% in 2020, then jumped 908.47% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 39.83 in 2019, then tumbled by 51.16% to 19.45 in 2020, then plunged by 116.85% to 3.28 in 2021, then surged by 908.47% to 26.5 in 2022, then rose by 4.72% to 27.75 in 2023.
- The last three Interest Coverage Ratio figures came in at 27.75 (Q2 2023), 27.4 (Q1 2023), and 26.5 (Q4 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.26 Bn | 76.01 Bn | 2.35 Bn | 13.41 |
| 2 | Autozone | 51.55 Bn | 51.26 Bn | 2.24 Bn | - |
| 3 | Borgwarner | 15.32 Bn | 15.49 Bn | 677.00 Mn | - |
| 4 | Aptiv | 14.49 Bn | 11.41 Bn | 920.00 Mn | 4.25 |
| 5 | Modine Manufacturing | 14.37 Bn | 14.28 Bn | 186.10 Mn | 10.03 |
| 6 | Genuine Parts | 14.20 Bn | 13.71 Bn | 2.34 Bn | 6.51 |
| 7 | Aurora Innovation | 11.92 Bn | 10.70 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 9.75 Bn | 9.43 Bn | 406.00 Mn | - |
| 10 | Autoliv | 9.61 Bn | 9.25 Bn | 526.00 Mn | 9.12 |
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 |