Item 9 Labs (INLB) Interest Coverage Ratio (2016 - 2023)
Item 9 Labs' Interest Coverage Ratio history spans 12 years, with the latest figure at 1.01 for Q2 2023.
- For Q2 2023, Interest Coverage Ratio rose 57.54% year-over-year to 1.01; the TTM value through Jun 2023 reached 1.03, up 153.38%, while the annual FY2022 figure was 1.02, 196.24% up from the prior year.
- Interest Coverage Ratio reached 1.01 in Q2 2023 per INLB's latest filing, down from 0.62 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.16 in Q3 2022 to a low of 994.03 in Q1 2019.
- Average Interest Coverage Ratio over 5 years is 59.12, with a median of 1.16 recorded in 2020.
- The largest YoY upside for Interest Coverage Ratio was 490.37% in 2022 against a maximum downside of 502.52% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.55 in 2019, then skyrocketed by 66.75% to 0.52 in 2020, then plummeted by 241.25% to 1.76 in 2021, then skyrocketed by 45.9% to 0.95 in 2022, then fell by 5.37% to 1.01 in 2023.
- Per Business Quant, the three most recent readings for INLB's Interest Coverage Ratio are 1.01 (Q2 2023), 0.62 (Q1 2023), and 0.95 (Q4 2022).