Borgwarner (BWA) Interest Coverage Ratio (2009 - 2023)
Borgwarner's (BWA) Interest Coverage Ratio came in at 27.75 for Q2 2023, up 53.0% from 18.13 a year earlier and up 1.3% from the prior quarter.
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Analysis
Borgwarner (BWA) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
For the trailing twelve months through Jun 30, 2023, Interest Coverage Ratio at Borgwarner was 25.84, up 108.5% year-over-year; for FY2022, it was 19.40, up 97.4% from FY2021.
- In prior years, Borgwarner's Interest Coverage Ratio was 9.83 in FY2021 (-3.0%), 10.13 in FY2020 (-66.6%), 30.30 in FY2019 (+50.2%) and 20.17 in FY2018 (+33.6%).
- The Q2 2023 figure stands as the highest quarterly Interest Coverage Ratio since Q4 2019.
- On a year-over-year basis, Interest Coverage Ratio increased in five of the last six quarters, with growth averaging 42.3%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q2 2022, with growth of 123.1%; the weakest was Q4 2020, with a decline of 51.2%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 27.40 (Q1 2023), 26.50 (Q4 2022) and 22.08 (Q3 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | - |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | - |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 36.66 |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 14.52 |
| 10 | Borgwarner | 11.82 Bn | 2.78 Bn | 721.00 Mn | - |
Historic Data
Download Data
Historic 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 | 18.13 |
| Mar 31, 2022 | 23.47 |
| 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 |
API Access
Borgwarner Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BWA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "BWA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();