Innovative Eyewear (LUCY) Interest Coverage Ratio (2021 - 2023)
Innovative Eyewear recorded quarterly Interest Coverage Ratio of 1216.31 in Q2 2023, down 65.05% quarter-over-quarter from 736.95 in Q1 2023, and down 4715.51% year-over-year from 26.35 in Q2 2022.
Innovative Eyewear's Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 1216.31 for Q2 2023.
- In Q2 2023, Interest Coverage Ratio fell 4715.51% year-over-year to 1216.31; the TTM figure through Mar 2024 stood at 6783.21 (down 10304.95% YoY), while the FY2023 annual figure was 2258.08, down 4158.55% from the prior year.
- Interest Coverage Ratio came in at 1216.31 for Q2 2023 at Innovative Eyewear, down from 736.95 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 25.26 in Q2 2022 to a low of 1216.31 in Q2 2023.
- A 3-year average of 326.04 and a median of 114.85 in 2021 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio surged 68.6% in 2022 and slumped 4715.51% in 2023, its largest moves.
- Innovative Eyewear's Interest Coverage Ratio stood at 238.73 in 2021, then slumped by 94.84% to 465.15 in 2022, then sank by 161.49% to 1216.31 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1216.31, 736.95, and 465.15 for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 0.62 |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | - |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 93.21 |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | - |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 9.50 |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | - |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | - |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 6.34 |
| 10 | Innovative Eyewear | 3.99 Mn | -3.79 Mn | 114,746.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -1,216.31 |
| Mar 31, 2023 | -736.95 |
| Dec 31, 2022 | -465.15 |
| Sep 30, 2022 | -36.06 |
| Jun 30, 2022 | -25.26 |
| Mar 31, 2022 | -66.47 |
| Dec 31, 2021 | -238.73 |
| Sep 30, 2021 | -114.85 |
| Jun 30, 2021 | -34.61 |