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
DateValue
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