Newegg Commerce, Inc. (NEGG) Interest Coverage Ratio (2020 - 2023)
Newegg Commerce (NEGG) posted Interest Coverage Ratio of 5.12 for Q4 2023, down 112.13% sequentially from 42.19 in Q3 2023, and up 19.87% YoY from 4.27 in Q4 2022.
Newegg Commerce, Inc. (NEGG) Interest Coverage Ratio (2020 - 2023) Analysis & Trends
Newegg Commerce (NEGG) has 4 years of Interest Coverage Ratio data on file, last reported at 5.12 in Q4 2023.
- Quarterly Interest Coverage Ratio rose 19.87% year-over-year to 5.12 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 13.56 (down 183.54% YoY) and the FY2025 annual result came in at 9.46, up 82.53% from the prior year.
- Interest Coverage Ratio retreated to 5.12 in Q4 2023 per NEGG's latest filing, from 42.19 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 56.74 in Q3 2022, with the low at 57.45 in Q3 2021.
- Average Interest Coverage Ratio over 4 years is 0.29, with a median of 2.1 recorded in 2020.
- Year-over-year, Interest Coverage Ratio soared 207.82% in 2021 and plunged 328.29% in 2022.
- Newegg Commerce's Interest Coverage Ratio stood at 0.91 in 2020, then soared by 207.82% to 2.8 in 2021, then plunged by 328.29% to 6.39 in 2022, then grew by 19.87% to 5.12 in 2023.
- Business Quant data shows NEGG's Interest Coverage Ratio at 5.12 in Q4 2023, 42.19 in Q3 2023, and 6.39 in Q4 2022.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -5.12 |
| Sep 30, 2023 | 42.19 |
| Dec 31, 2022 | -6.39 |
| Sep 30, 2022 | 56.74 |
| Dec 31, 2021 | 2.88 |
| Sep 30, 2021 | -57.45 |
| Dec 31, 2020 | 0.91 |
| Sep 30, 2020 | -31.33 |