Fidus Investment (FDUS) Interest Coverage Ratio (2021 - 2023)
Fidus Investment's (FDUS) quarterly Interest Coverage Ratio came in at 1.15 in Q1 2023, down 15.07% year-over-year from 1.35 in Q1 2022, and up 299.65% quarter-over-quarter from 0.57 in Q4 2022.
Analysis
Fidus Investment (FDUS) Interest Coverage Ratio (2021 - 2023) Analysis & Trends
Fidus Investment has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 1.15 for Q1 2023.
- In Q1 2023, Interest Coverage Ratio fell 15.07% year-over-year to 1.15; the TTM figure through Mar 2023 stood at 0.64 (changed N/A YoY), while the FY2022 annual figure was 0.44, down 92.65% from the prior year.
- Interest Coverage Ratio came in at 1.15 for Q1 2023 at Fidus Investment, up from 0.57 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 11.41 in Q4 2021 to a low of 0.57 in Q4 2022.
- Average Interest Coverage Ratio over 3 years is 3.36, with a median of 1.25 recorded in 2022.
- Year-over-year, Interest Coverage Ratio tumbled 105.04% in 2022 and declined 15.07% in 2023.
- Over 3 years, Interest Coverage Ratio stood at 11.41 in 2021, then slumped by 105.04% to 0.57 in 2022, then jumped by 299.65% to 1.15 in 2023.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.15 in Q1 2023, 0.57 in Q4 2022, and 0.74 in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 1.71 |
| 2 | Blackstone Secured Lending Fund | 5.64 Bn | 5.38 Bn | - | 1.76 |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 1.44 |
| 4 | Main Street Capital | 5.23 Bn | 5.17 Bn | - | 2.56 |
| 5 | Blue Owl Technology Finance | 4.93 Bn | 4.72 Bn | - | 1.28 |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 2.98 |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - | - |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.26 Bn | - | 1.40 |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 0.23 |
| 10 | Fidus Investment | 743.91 Mn | 704.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 1.15 |
| Dec 31, 2022 | -0.57 |
| Sep 30, 2022 | 0.74 |
| Mar 31, 2022 | 1.35 |
| Dec 31, 2021 | 11.41 |
| Sep 30, 2021 | 6.10 |