Modular Medical (MODD) Times Interest Earned (2011 - 2022)
Modular Medical's (MODD) quarterly Times Interest Earned came in at 7.36 in 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.
Analysis
Modular Medical (MODD) Times Interest Earned (2011 - 2022) Analysis & Trends
Modular Medical (MODD) has reported Times Interest Earned for 6 consecutive years, with 7.36 the latest figure, recorded in Q1 2022.
- For the quarter ending Q1 2022, Times Interest Earned fell 118.22% year-over-year to 7.36; the trailing twelve-month figure through Mar 2022 stood at 5.42 (down 102.46% YoY), and the FY2022 full-year result was 5.42, up 97.06% from the prior year.
- Times Interest Earned declined to 7.36 in Q1 2022 per MODD's latest filing, from 3.79 in the prior quarter.
- Across five years, Times Interest Earned topped out at 40.39 in Q1 2021 and bottomed at 602.44 in Q4 2020.
- Historically, Times Interest Earned has averaged 150.0 across 3 years, with a median of 6.63 in 2021.
- The sharpest annual moves came in 2021 and 2022: Times Interest Earned surged 99.37% in 2021, then tumbled 118.22% in 2022.
- Over 3 years, Times Interest Earned stood at 602.44 in 2020, then soared by 99.37% to 3.79 in 2021, then sank by 94.04% to 7.36 in 2022.
- According to Business Quant data, Times Interest Earned over the past three periods registered 7.36, 3.79, and 5.39 for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 4.82 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | - |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 9.48 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 11.77 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 12.27 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | - |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.21 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | - |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 18.09 |
| 10 | Modular Medical | 15.54 Mn | 11.62 Mn | - | - |
Historic Data
Download Data
Historic 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 | -464.79 |
| 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 |