Laser Photonics (LASE) Interest Coverage Ratio (2020 - 2022)
Laser Photonics' Interest Coverage Ratio history spans 3 years, with the latest figure at 4.44 for Q3 2023.
- For Q3 2023, Interest Coverage Ratio fell 79.37% year-over-year to 4.44; the TTM value through Jun 2024 reached 16.04, up 177.37%, while the annual FY2022 figure was 84.73, 784.23% down from the prior year.
- Interest Coverage Ratio for Q3 2023 was 4.44 at Laser Photonics, up from 929.12 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 86.46 in Q1 2022 and bottomed at 929.12 in Q2 2023.
- The 3-year median for Interest Coverage Ratio is 14.14 (2021), against an average of 74.69.
- The largest annual shift saw Interest Coverage Ratio surged 1087.13% in 2022 before it crashed 2893.32% in 2023.
- A 3-year view of Interest Coverage Ratio shows it stood at 11.84 in 2021, then skyrocketed by 281.66% to 21.51 in 2022, then plummeted by 79.37% to 4.44 in 2023.
- Per Business Quant, the three most recent readings for LASE's Interest Coverage Ratio are 4.44 (Q3 2023), 929.12 (Q2 2023), and 4.5 (Q1 2023).