Laser Photonics (LASE) Interest Coverage Ratio (2020 - 2022)
Laser Photonics' (LASE) quarterly Interest Coverage Ratio came in at 21.51 in Q3 2022, down 12.54% year-on-year from 24.59 in Q3 2021, and down 35.33% quarter-over-quarter from 33.26 in Q2 2022.
Laser Photonics (LASE) Interest Coverage Ratio (2020 - 2022) Analysis & Trends
Laser Photonics has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 21.51 for Q3 2022.
- Interest Coverage Ratio for Q3 2022 came in at 21.51, down 12.54% year-over-year; the trailing twelve-month figure through Jun 2023 was 435.48 (down 1599.93% YoY), and the FY2025 annual result was 3.64, changed N/A from the prior year.
- Interest Coverage Ratio came in at 21.51 for Q3 2022 at Laser Photonics, down from 33.26 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 86.46 in Q1 2022 to a low of 11.84 in Q4 2021.
- The 3-year median for Interest Coverage Ratio is 23.05 (2022), against an average of 23.96.
- Peak annual rise in Interest Coverage Ratio reached 1087.13% in 2022, while the deepest fall reached 12.54% in 2022.
- Laser Photonics' Interest Coverage Ratio stood at 4.44 in 2020, then plunged by 366.55% to 11.84 in 2021, then surged by 281.66% to 21.51 in 2022.
- The last three Interest Coverage Ratio figures came in at 21.51 (Q3 2022), 33.26 (Q2 2022), and 86.46 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -6.39 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 11.44 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 12.49 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.97 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 10.36 |
| 10 | Laser Photonics | 53.05 Mn | 52.40 Mn | -1.14 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 21.51 |
| Jun 30, 2022 | 33.26 |
| Mar 31, 2022 | 86.46 |
| Dec 31, 2021 | -11.84 |
| Sep 30, 2021 | 24.59 |
| Jun 30, 2021 | 25.94 |
| Mar 31, 2021 | 7.28 |
| Sep 30, 2020 | 4.44 |