Daqo New Energy (DQ) Interest Coverage Ratio (2009 - 2022)
Daqo New Energy's (DQ) quarterly Interest Coverage Ratio came in at 252.27 in Q2 2022, down 777.7% year-over-year from 37.22 in Q2 2021, and up 53.53% quarter-over-quarter from 542.87 in Q1 2022.
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Daqo New Energy (DQ) Interest Coverage Ratio (2009 - 2022) Analysis & Trends
Daqo New Energy has disclosed Interest Coverage Ratio across 14 years of filings, most recently posting 252.27 for Q2 2022.
- In Q2 2022, Interest Coverage Ratio fell 777.7% year-over-year to 252.27; the TTM figure through Jun 2022 stood at 97.01 (down 429.1% YoY), while the FY2021 annual figure was 51.33, down 602.97% from the prior year.
- Interest Coverage Ratio came in at 252.27 for Q2 2022 at Daqo New Energy, up from 542.87 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.21 in Q2 2019 to a low of 542.87 in Q1 2022.
- Average Interest Coverage Ratio over 5 years is 59.02, with a median of 9.16 recorded in 2018.
- Year-over-year, Interest Coverage Ratio soared 103.62% in 2019 and tumbled 3650.11% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 10.68 in 2018, then gained by 28.4% to 7.64 in 2019, then slumped by 58.88% to 12.15 in 2020, then slumped by 838.05% to 113.93 in 2021, then plunged by 121.42% to 252.27 in 2022.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 252.27 in Q2 2022, 542.87 in Q1 2022, and 113.93 in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 11.18 |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 6.62 |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 1.48 |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | 9.18 |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | -3.13 |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 1.05 |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | -10.74 |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 5.59 |
| 10 | Daqo New Energy | 782.96 Mn | -22.35 Mn | -82.71 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -252.27 |
| Mar 31, 2022 | -542.87 |
| Dec 31, 2021 | -113.93 |
| Sep 30, 2021 | -38.35 |
| Jun 30, 2021 | -28.74 |
| Mar 31, 2021 | -14.48 |
| Dec 31, 2020 | -12.15 |
| 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 |