Modular Medical (MODD) Interest Coverage Ratio (2011 - 2022)
Modular Medical (MODD) reported Interest Coverage Ratio of 7.36 for Q1 2022, down 118.22% on a YoY basis from 40.39 in Q1 2021, and down 94.04% quarter-over-quarter from 3.79 in Q4 2021.
Modular Medical (MODD) Interest Coverage Ratio (2011 - 2022) Analysis & Trends
Modular Medical has reported Interest Coverage Ratio for 6 years, with the latest figure at 7.36 in Q1 2022.
- For the quarter ending Q1 2022, Interest Coverage Ratio fell 118.22% year-over-year to 7.36; the trailing twelve-month figure through Dec 2022 stood at 26.19 (down 348.23% YoY), and the FY2022 full-year result was 5.42, up 97.06% from the prior year.
- Interest Coverage Ratio for Q1 2022 stood at 7.36, down from 3.79 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 40.39 in Q1 2021, with the low at 602.44 in Q4 2020.
- Historically, Interest Coverage Ratio has averaged 169.28 across 3 years, with a median of 6.63 in 2021.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio jumped 99.37% — and 2022, when it slumped 118.22%.
- Modular Medical's Interest Coverage Ratio stood at 602.44 in 2020, then jumped by 99.37% to 3.79 in 2021, then tumbled by 94.04% to 7.36 in 2022.
- The last three Interest Coverage Ratio figures came in at 7.36 (Q1 2022), 3.79 (Q4 2021), and 5.39 (Q3 2021), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 7.73 |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 8.09 |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 12.23 |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | - |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 5.36 |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -2.90 |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | - |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 20.98 |
| 10 | Modular Medical | 9.30 Mn | 6.36 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | -7.36 |
| Dec 31, 2021 | -3.79 |
| Sep 30, 2021 | -5.39 |
| Jun 30, 2021 | -6.63 |
| Mar 31, 2021 | 40.39 |
| Dec 31, 2020 | -602.44 |
| Sep 30, 2020 | -599.73 |
| Mar 31, 2013 | -0.82 |
| Dec 31, 2012 | -0.87 |
| Sep 30, 2012 | -2.06 |
| Jun 30, 2012 | -0.61 |
| Mar 31, 2012 | -1.02 |
| Dec 31, 2011 | -0.96 |
| Sep 30, 2011 | -2.34 |