908 Devices (MASS) Interest Coverage Ratio (2020 - 2023)
908 Devices' (MASS) quarterly Interest Coverage Ratio came in at 25.97 in Q3 2023, up 111.98% year-over-year from 12.25 in Q3 2022, and up 209.92% quarter-over-quarter from 23.62 in Q1 2023.
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908 Devices (MASS) Interest Coverage Ratio (2020 - 2023) Analysis & Trends
908 Devices (MASS) has reported Interest Coverage Ratio for 4 consecutive years, with 25.97 the latest figure, recorded in Q3 2023.
- On a quarterly basis, Interest Coverage Ratio rose 111.98% year-over-year to 25.97 in Q3 2023; TTM through Dec 2023 was 212.73, a 22.44% increase from a year earlier, with the FY2023 full-year figure at 212.73, up 22.44% from the prior year.
- Interest Coverage Ratio was 25.97 for Q3 2023 at 908 Devices, up from 23.62 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 25.97 in Q3 2023 and troughed at 557.93 in Q2 2022.
- A 4-year average of 136.21 and a median of 55.91 in 2021 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio tumbled 3124.86% in 2021 and surged 111.98% in 2023, its largest moves.
- Over 4 years, Interest Coverage Ratio stood at 15.93 in 2020, then sank by 453.8% to 88.2 in 2021, then tumbled by 92.15% to 169.48 in 2022, then soared by 115.32% to 25.97 in 2023.
- The last three Interest Coverage Ratio figures came in at 25.97 (Q3 2023), 23.62 (Q1 2023), and 169.48 (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 9.32 |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 7.42 |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 6.81 |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 24.50 |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 18.00 |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | - |
| 10 | 908 Devices | 365.20 Mn | 263.67 Mn | 8.34 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 25.97 |
| Mar 31, 2023 | -23.62 |
| Dec 31, 2022 | -169.48 |
| Sep 30, 2022 | -216.79 |
| Jun 30, 2022 | -557.93 |
| Mar 31, 2022 | -476.05 |
| Dec 31, 2021 | -88.20 |
| Sep 30, 2021 | -170.19 |
| Jun 30, 2021 | -191.15 |
| Mar 31, 2021 | -15.45 |
| Dec 31, 2020 | -15.93 |
| Sep 30, 2020 | -5.28 |
| Jun 30, 2020 | 8.65 |
| Mar 31, 2020 | -11.47 |