Jabil (JBL) Interest Coverage Ratio (2009 - 2023)
Jabil's Interest Coverage Ratio was 4.52 in fiscal Q3 2023 (quarter ended May 31, 2023), down 45.1% from 8.23 a year earlier and down 9.4% from the prior quarter.
Powered by 
Analysis
Jabil (JBL) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
On a trailing twelve-month basis, Jabil's Interest Coverage Ratio was 5.74 through May 31, 2023, down 36.5% year-over-year; for FY2022 (ended Aug 31, 2022), it was 9.23, up 13.7% from FY2021.
- In earlier fiscal years, Interest Coverage Ratio was 8.12 in FY2021 (+182.4%), 2.87 in FY2020 (-22.9%), 3.73 in FY2019 (+2.5%) and 3.64 in FY2018 (+22.5%).
- The fiscal Q3 2023 figure marks the lowest quarterly Interest Coverage Ratio since fiscal Q3 2020.
- Compared with a year earlier, Interest Coverage Ratio has declined for three straight quarters, with an average decline of 1.2% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q3 2021 (growth of 397.7%); the worst was fiscal Q3 2020 (a decline of 49.2%).
- Per Business Quant data, JBL's Interest Coverage Ratio in the three fiscal quarters before Q3 2023 was 4.99 (Q2 2023), 5.93 (Q1 2023) and 8.89 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 11.43 |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | - |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 3,518.50 |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 24.36 |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 111.64 |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 20.30 |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | - |
| 10 | Jabil | 33.44 Bn | 26.74 Bn | 828.00 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 |
API Access
Jabil Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=JBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "JBL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=JBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();