Karbon-X (KARX) Interest Coverage Ratio (2022 - 2024)
Karbon-X's (KARX) quarterly Interest Coverage Ratio came in at 6.78 in Q4 2024, down 97.69% on a YoY basis from 293.69 in Q4 2023, and down 15.09% quarter-over-quarter from 5.89 in Q3 2024.
Analysis
Karbon-X (KARX) Interest Coverage Ratio (2022 - 2024) Analysis & Trends
Karbon-X (KARX) has reported Interest Coverage Ratio for 3 consecutive years, with 6.78 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Interest Coverage Ratio fell 97.69% year-over-year to 6.78; the trailing twelve-month figure through Nov 2024 stood at 13.27 (down 40.11% YoY), and the FY2025 full-year result was 19.6, up 46.04% from the prior year.
- Interest Coverage Ratio retreated to 6.78 in Q4 2024 per KARX's latest filing, from 5.89 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 39.02 in Q2 2023 and bottomed at 6.78 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 0.94 across 3 years, with a median of 2.8 in 2023.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio plunged 206.69% in 2023, then gained 3.27% in 2024.
- Over 3 years, Interest Coverage Ratio stood at 2.23 in 2022, then plunged by 53.73% to 3.43 in 2023, then sank by 97.69% to 6.78 in 2024.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.78, 5.89, and 2.43 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.75 Bn | 43.75 Bn | 4.68 Bn | 2.98 |
| 2 | Royalty Pharma | 26.67 Bn | 25.83 Bn | - | 1.42 |
| 3 | Royal Gold | 21.79 Bn | 21.60 Bn | 390.45 Mn | 27.97 |
| 4 | OR Royalties | 6.82 Bn | 6.74 Bn | 82.22 Mn | 23.43 |
| 5 | Encore Capital | 2.10 Bn | 1.92 Bn | 455.04 Mn | 2.53 |
| 6 | Atlanticus Holdings | 1.40 Bn | 848.06 Mn | 686.46 Mn | 4.28 |
| 7 | Jefferson Capital | 1.19 Bn | 1.17 Bn | - | 2.68 |
| 8 | Upbound | 1.06 Bn | 959.36 Mn | 594.84 Mn | 2.13 |
| 9 | Lufax Holding | 1.06 Bn | -1.57 Bn | - | -6.61 |
| 10 | Karbon-X | 12.78 Mn | 8.72 Mn | -1.52 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2024 | -6.78 |
| Aug 31, 2024 | -5.89 |
| May 31, 2024 | 2.43 |
| Feb 29, 2024 | -2.91 |
| Nov 30, 2023 | -3.43 |
| Aug 31, 2023 | -6.09 |
| May 31, 2023 | 39.02 |
| Feb 28, 2023 | -2.70 |
| Nov 30, 2022 | -2.23 |
| Aug 31, 2022 | -1.99 |