Innovative Eyewear (LUCYW) Interest Coverage Ratio (2021 - 2023)
Innovative Eyewear's (LUCYW) quarterly Interest Coverage Ratio came in at 1216.31 in Q2 2023, down 4715.51% year-on-year from 26.35 in Q2 2022, and down 65.05% quarter-over-quarter from 736.95 in Q1 2023.
Innovative Eyewear (LUCYW) Interest Coverage Ratio (2021 - 2023) Analysis & Trends
Innovative Eyewear has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 1216.31 for Q2 2023.
- Interest Coverage Ratio for Q2 2023 came in at 1216.31, down 4715.51% year-over-year; the trailing twelve-month figure through Mar 2024 was 6783.21 (down 10304.95% YoY), and the FY2023 annual result 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.
- The 3-year median for Interest Coverage Ratio is 114.85 (2021), against an average of 326.04.
- Across the five-year window, Interest Coverage Ratio jumped 68.6% in 2022 and tumbled 4715.51% in 2023, its largest moves.
- Innovative Eyewear's Interest Coverage Ratio stood at 238.73 in 2021, then tumbled by 94.84% to 465.15 in 2022, then slumped by 161.49% to 1216.31 in 2023.
- The last three Interest Coverage Ratio figures came in at 1216.31 (Q2 2023), 736.95 (Q1 2023), and 465.15 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 0.62 |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | - |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 93.21 |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | - |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -1.48 |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | - |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | - |
| 10 | Innovative Eyewear | - | - | 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 |