Jabil (JBL) Interest Coverage Ratio (2009 - 2023)
Jabil's (JBL) quarterly Interest Coverage Ratio came in at 4.52 in Q2 2023, down 45.11% year-over-year from 8.23 in Q2 2022, and down 9.39% quarter-over-quarter from 4.99 in Q1 2023.
Analysis
Jabil (JBL) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
Jabil (JBL) has reported Interest Coverage Ratio for 15 consecutive years, with 4.52 the latest figure, recorded in Q2 2023.
- On a quarterly basis, Interest Coverage Ratio fell 45.11% year-over-year to 4.52 in Q2 2023; TTM through May 2023 was 5.74, a 36.53% decrease from a year earlier, with the FY2022 full-year figure at 9.23, up 13.68% from the prior year.
- Interest Coverage Ratio was 4.52 for Q2 2023 at Jabil, down from 4.99 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 10.61 in Q4 2021 and troughed at 1.42 in Q2 2020.
- A 5-year average of 5.93 and a median of 5.46 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio slumped 49.16% in 2020 and surged 397.73% in 2021, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 3.4 in 2019, then surged by 188.45% to 9.81 in 2020, then increased by 8.09% to 10.61 in 2021, then slumped by 44.05% to 5.93 in 2022, then dropped by 23.87% to 4.52 in 2023.
- The last three Interest Coverage Ratio figures came in at 4.52 (Q2 2023), 4.99 (Q1 2023), and 5.93 (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.45 Bn | 38.61 Bn | 747.00 Mn | 6.53 |
| 2 | Celestica | 38.73 Bn | 38.20 Bn | 577.50 Mn | 21.62 |
| 3 | Jabil | 33.07 Bn | 31.71 Bn | 828.00 Mn | - |
| 4 | Fabrinet | 15.11 Bn | 14.23 Bn | 158.05 Mn | - |
| 5 | Ttm Technologies | 13.13 Bn | 12.62 Bn | 211.86 Mn | 10.39 |
| 6 | Sanmina | 11.14 Bn | 9.29 Bn | 363.31 Mn | 6.81 |
| 7 | Plexus | 6.63 Bn | 6.32 Bn | 131.38 Mn | 14.98 |
| 8 | Benchmark Electronics | 2.66 Bn | 2.34 Bn | 78.40 Mn | 8.07 |
| 9 | Kimball Electronics | 609.71 Mn | 520.78 Mn | 32.95 Mn | 14.66 |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2023 | 4.52 |
| Feb 28, 2023 | 4.99 |
| Nov 30, 2022 | 5.93 |
| Aug 31, 2022 | 8.89 |
| May 31, 2022 | 8.23 |
| Feb 28, 2022 | 9.48 |
| Nov 30, 2021 | 10.61 |
| Aug 31, 2021 | 8.03 |
| May 31, 2021 | 7.06 |
| Feb 28, 2021 | 7.61 |
| Nov 30, 2020 | 9.81 |
| Aug 31, 2020 | 4.81 |
| May 31, 2020 | 1.42 |
| Feb 29, 2020 | 1.96 |
| Nov 30, 2019 | 3.40 |
| Aug 31, 2019 | 3.89 |
| May 31, 2019 | 2.79 |
| Feb 28, 2019 | 3.34 |
| Nov 30, 2018 | 5.08 |
| Aug 31, 2018 | 3.97 |