908 Devices (MASS) Interest Coverage Ratio (2020 - 2023)
908 Devices (MASS) reported Interest Coverage Ratio of 25.97 for Q3 2023, up 111.98% year-over-year from 12.25 in Q3 2022, and up 209.92% on a QoQ basis from 23.62 in Q1 2023.
908 Devices (MASS) has 4 years of Interest Coverage Ratio data on file, last reported at 25.97 in Q3 2023.
- Quarterly Interest Coverage Ratio rose 111.98% year-over-year to 25.97 in Q3 2023, while the trailing twelve-month figure through Jun 2024 was 99.86 (up 255.4% YoY) and the FY2023 annual result came in at 212.73, up 22.44% from the prior year.
- Interest Coverage Ratio improved to 25.97 in Q3 2023 per MASS's latest filing, from 23.62 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 25.97 in Q3 2023 and bottomed at 557.93 in Q2 2022.
- The 4-year median for Interest Coverage Ratio is 55.91 (2021), against an average of 136.21.
- The widest annual swing landed in 2021, when Interest Coverage Ratio plunged 3124.86%; it then jumped 111.98% in 2023.
- Tracing MASS's Interest Coverage Ratio over 4 years: stood at 15.93 in 2020, then slumped by 453.8% to 88.2 in 2021, then plunged by 92.15% to 169.48 in 2022, then surged by 115.32% to 25.97 in 2023.
- Per Business Quant, the three latest MASS Interest Coverage Ratio figures stand at 25.97 (Q3 2023), 23.62 (Q1 2023), and 169.48 (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 7.73 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 8.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 12.23 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -2.90 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 5.36 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 20.98 |
| 10 | 908 Devices | 314.43 Mn | 202.69 Mn | 6.88 Mn | - |
Historic Data
Download 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 |