Everspin Technologies (MRAM) Interest Coverage Ratio (2015 - 2023)
Everspin Technologies' (MRAM) quarterly Interest Coverage Ratio came in at 11.05 in Q1 2023, down 59.06% on a YoY basis from 26.99 in Q1 2022, and up 12.08% quarter-over-quarter from 9.86 in Q4 2022.
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Everspin Technologies (MRAM) Interest Coverage Ratio (2015 - 2023) Analysis & Trends
Everspin Technologies (MRAM) has reported Interest Coverage Ratio for 9 consecutive years, with 11.05 the latest figure, recorded in Q1 2023.
- For the quarter ending Q1 2023, Interest Coverage Ratio fell 59.06% year-over-year to 11.05; the trailing twelve-month figure through Dec 2023 stood at 93.41 (up 311.03% YoY), and the FY2023 full-year result was 93.41, up 311.03% from the prior year.
- Interest Coverage Ratio advanced to 11.05 in Q1 2023 per MRAM's latest filing, from 9.86 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 44.05 in Q4 2021 and bottomed at 23.64 in Q3 2020.
- Historically, Interest Coverage Ratio has averaged 1.6 across 5 years, with a median of 1.87 in 2021.
- The sharpest annual moves came in 2019 and 2022: Interest Coverage Ratio slumped 275.86% in 2019, then surged 1544.36% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 17.02 in 2019, then surged by 57.61% to 7.21 in 2020, then soared by 710.62% to 44.05 in 2021, then plunged by 77.62% to 9.86 in 2022, then gained by 12.08% to 11.05 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 11.05, 9.86, and 26.18 for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | - |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 20.51 |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 53.78 |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | - |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 7.46 |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 9.13 |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | - |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | - |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | - |
| 10 | Everspin Technologies | 393.68 Mn | 349.79 Mn | 10.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 11.05 |
| Dec 31, 2022 | 9.86 |
| Sep 30, 2022 | 26.18 |
| Jun 30, 2022 | 24.86 |
| Mar 31, 2022 | 26.99 |
| Dec 31, 2021 | 44.05 |
| Sep 30, 2021 | 6.52 |
| Jun 30, 2021 | 3.17 |
| Mar 31, 2021 | -1.87 |
| Dec 31, 2020 | -7.21 |
| Sep 30, 2020 | -23.64 |
| Jun 30, 2020 | -6.32 |
| Mar 31, 2020 | -9.20 |
| Dec 31, 2019 | -17.02 |
| Sep 30, 2019 | -21.07 |
| Jun 30, 2019 | -19.33 |
| Mar 31, 2019 | -19.77 |
| Dec 31, 2018 | -14.89 |
| Sep 30, 2018 | -24.19 |
| Jun 30, 2018 | -32.79 |