Iridex (IRIX) Interest Coverage Ratio (2011 - 2026)
Iridex's (IRIX) quarterly Interest Coverage Ratio came in at 0.61 in Q2 2026, down 1634.04% year-on-year from 0.04 in Q2 2025, and down 1539.47% quarter-over-quarter from 0.04 in Q1 2026.
Iridex (IRIX) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Iridex's Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 0.61 for Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 1634.04% year-over-year to 0.61 in Q2 2026; TTM through Apr 2026 was 5.1, a 465.93% decrease from a year earlier, with the FY2026 full-year figure at 2.14, down 599.73% from the prior year.
- Interest Coverage Ratio slipped to 0.61 in Q2 2026 per IRIX's latest filing, from 0.04 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.04 in Q1 2025 and bottomed at 32.09 in Q4 2023.
- The 5-year median for Interest Coverage Ratio is 1.95 (2023), against an average of 5.64.
- Biggest YoY gain for Interest Coverage Ratio was 97.76% in 2026; the steepest drop was 1634.04% in 2026.
- Year by year, Interest Coverage Ratio stood at 10.14 in 2022, then slumped by 216.39% to 32.09 in 2023, then surged by 94.79% to 1.67 in 2024, then tumbled by 465.92% to 9.47 in 2025, then surged by 93.51% to 0.61 in 2026.
- Per Business Quant, the three latest IRIX Interest Coverage Ratio figures stand at 0.61 (Q2 2026), 0.04 (Q1 2026), and 9.47 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.90 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 13.19 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.15 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 1.19 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 82.35 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -2.90 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 5.36 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Iridex | 15.93 Mn | 11.33 Mn | 4.74 Mn | -0.61 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | -0.61 |
| Jan 3, 2026 | -0.04 |
| Sep 27, 2025 | -9.47 |
| Jun 28, 2025 | -6.71 |
| Mar 29, 2025 | -0.04 |
| Dec 28, 2024 | -1.67 |
| Sep 28, 2024 | -0.79 |
| Jun 29, 2024 | -1.09 |
| Mar 30, 2024 | -1.24 |
| Dec 30, 2023 | -32.09 |
| Sep 30, 2023 | -2.59 |
| Jul 1, 2023 | -2.24 |
| Apr 1, 2023 | -7.35 |
| Dec 31, 2022 | -10.14 |
| Oct 1, 2022 | -0.82 |
| Jul 2, 2022 | -0.93 |
| Apr 2, 2022 | -12.94 |
| Jan 1, 2022 | -10.78 |
| Oct 2, 2021 | -0.44 |
| Jul 3, 2021 | -0.26 |