GrowGeneration (GRWG) Interest Coverage Ratio (2015 - 2024)
GrowGeneration (GRWG) reported Interest Coverage Ratio of 465.29 for Q2 2024, up 77.86% on a YoY basis from 261.6 in Q3 2023, and down 176.25% quarter-over-quarter from 168.43 in Q1 2024.
GrowGeneration (GRWG) Interest Coverage Ratio (2015 - 2024) Analysis & Trends
GrowGeneration has reported Interest Coverage Ratio for 10 years, with the latest figure at 465.29 in Q2 2024.
- For the quarter ending Q2 2024, Interest Coverage Ratio rose 77.86% year-over-year to 465.29; the trailing twelve-month figure through Mar 2025 stood at 3743.86 (down 990.18% YoY), and the FY2024 full-year result was 742.46, down 44.49% from the prior year.
- Interest Coverage Ratio for Q2 2024 stood at 465.29, down from 168.43 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 3868.0 in Q1 2021, with the low at 13680.1 in Q2 2022.
- Historically, Interest Coverage Ratio has averaged 2023.34 across 5 years, with a median of 465.29 in 2024.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio jumped 1378.98% — and 2022, when it tumbled 1542.78%.
- GrowGeneration's Interest Coverage Ratio stood at 216.08 in 2020, then decreased by 13.46% to 187.0 in 2021, then plunged by 1785.45% to 3151.8 in 2022, then soared by 90.21% to 308.67 in 2023, then slumped by 50.74% to 465.29 in 2024.
- The last three Interest Coverage Ratio figures came in at 465.29 (Q2 2024), 168.43 (Q1 2024), and 308.67 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 13.21 |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | - |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | - |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 10.44 |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 12.22 |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 33.64 |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | - |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 7.08 |
| 10 | GrowGeneration | 96.15 Mn | 55.03 Mn | 9.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -465.29 |
| Mar 31, 2024 | -168.43 |
| Dec 31, 2023 | -308.67 |
| Sep 30, 2023 | -8,030.00 |
| Jun 30, 2023 | -2,101.67 |
| Mar 31, 2023 | -3,710.00 |
| Dec 31, 2022 | -3,151.80 |
| Sep 30, 2022 | -2,698.00 |
| Jun 30, 2022 | -13,680.10 |
| Mar 31, 2022 | -2,407.00 |
| Sep 30, 2021 | 187.00 |
| Jun 30, 2021 | 2,402.25 |
| Mar 31, 2021 | 3,868.00 |
| Jun 30, 2020 | 216.08 |
| Mar 31, 2020 | -302.43 |
| Dec 31, 2019 | -113.69 |
| Sep 30, 2019 | 41.82 |
| Jun 30, 2019 | 371.31 |
| Mar 31, 2019 | 47.97 |
| Dec 31, 2018 | -265.61 |