Daqo New Energy (DQ) Interest Coverage Ratio (2009 - 2021)
Daqo New Energy (DQ) posted Interest Coverage Ratio of 0.0 for Q3 2021, up 100.0% sequentially from 40.48 in Q2 2021, and up 100.0% YoY from 0.0 in Q3 2020.
Daqo New Energy (DQ) Interest Coverage Ratio (2009 - 2021) Analysis & Trends
Daqo New Energy (DQ) has 13 years of Interest Coverage Ratio data on file, last reported at 0.0 in Q3 2021.
- Quarterly Interest Coverage Ratio rose 100.0% year-over-year to 0.0 in Q3 2021, while the trailing twelve-month figure through Jun 2022 was 268.69 (down 1349.12% YoY) and the FY2021 annual result came in at 51.33, up 602.97% from the prior year.
- Interest Coverage Ratio climbed to 0.0 in Q3 2021 per DQ's latest filing, from 40.48 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.21 in Q2 2019, with the low at 40.48 in Q2 2021.
- Average Interest Coverage Ratio over 5 years is 8.46, with a median of 6.13 recorded in 2020.
- Year-over-year, Interest Coverage Ratio soared 103.62% in 2019 and tumbled 2404.31% in 2021.
- Daqo New Energy's Interest Coverage Ratio stood at 18.07 in 2017, then surged by 40.9% to 10.68 in 2018, then grew by 28.4% to 7.64 in 2019, then plunged by 55.28% to 11.87 in 2020, then soared by 100.0% to 0.0 in 2021.
- Business Quant data shows DQ's Interest Coverage Ratio at 0.0 in Q3 2021, 40.48 in Q2 2021, and 13.95 in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 36.57 |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | - |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 19.99 |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 150.11 |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 5.75 |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 2.90 |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 5.66 |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | - |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 18.72 |
| 10 | Daqo New Energy | 859.36 Mn | 1.09 Bn | -139.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | -40.48 |
| Mar 31, 2021 | -13.95 |
| Dec 31, 2020 | -11.87 |
| Sep 30, 2020 | -6.13 |
| Jun 30, 2020 | -1.62 |
| Mar 31, 2020 | -7.28 |
| Dec 31, 2019 | -7.64 |
| Sep 30, 2019 | -3.46 |
| Jun 30, 2019 | 0.21 |
| Mar 31, 2019 | -4.51 |
| Dec 31, 2018 | -10.68 |
| Sep 30, 2018 | -1.87 |
| Jun 30, 2018 | -5.84 |
| Mar 31, 2018 | -10.71 |
| Dec 31, 2017 | -18.07 |
| Sep 30, 2017 | -5.64 |
| Jun 30, 2017 | -3.82 |
| Mar 31, 2017 | -7.40 |
| Dec 31, 2016 | -2.33 |