Newegg Commerce (NEGG) Interest Coverage Ratio (2020 - 2026)
Newegg Commerce (NEGG) posted Interest Coverage Ratio of 0.9 for Q4 2023, down 102.12% sequentially from 42.19 in Q3 2023, and down 151.68% YoY from 1.73 in Q4 2022.
Analysis
Newegg Commerce (NEGG) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Newegg Commerce has reported Interest Coverage Ratio for 7 years, with the latest figure at 0.9 in Q4 2023.
- Quarterly Interest Coverage Ratio fell 151.68% year-over-year to 0.9 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 1.38 (down 202.64% YoY) and the FY2025 annual result came in at 0.15, up 91.79% from the prior year.
- Interest Coverage Ratio eased to 0.9 in Q4 2023 per NEGG's latest filing, from 42.19 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 77.8 in Q4 2021 and troughed at 57.45 in Q3 2021.
- A 4-year average of 10.85 and a median of 0.14 in 2020 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2021 and 2023: Interest Coverage Ratio surged 108035.52% in 2021, then sank 151.68% in 2023.
- Over 4 years, Interest Coverage Ratio stood at 0.07 in 2020, then soared by 108035.52% to 77.8 in 2021, then slumped by 100.46% to 0.36 in 2022, then sank by 151.68% to 0.9 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.9, 42.19, and 0.36 for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,742.86 Bn | 2,619.88 Bn | 198.88 Bn | 24.27 |
| 2 | PDD Holdings | 116.24 Bn | -48,010.17 Bn | 9.45 Bn | - |
| 3 | Mercadolibre | 99.45 Bn | 84.25 Bn | 4.16 Bn | 11.02 |
| 4 | DoorDash | 98.02 Bn | 92.67 Bn | 2.35 Bn | - |
| 5 | Sea | 67.10 Bn | 58.70 Bn | 3.55 Bn | 0.72 |
| 6 | Ebay | 46.73 Bn | 43.42 Bn | 2.30 Bn | 10.40 |
| 7 | JD.com | 39.68 Bn | 7.13 Bn | 16.50 Bn | -5.99 |
| 8 | Coupang | 28.45 Bn | 22.34 Bn | 2.49 Bn | -22.24 |
| 9 | Wayfair | 12.37 Bn | 11.23 Bn | 1.05 Bn | 0.27 |
| 10 | Newegg Commerce | 2.70 Mn | -80.39 Mn | 39.75 Mn | -3.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.82 |
| Jun 30, 2025 | 14.38 |
| Dec 31, 2023 | 10.82 |
| Sep 30, 2023 | 42.19 |
| Dec 31, 2022 | 71.76 |
| Sep 30, 2022 | 56.74 |
| Dec 31, 2021 | -19.02 |
| Sep 30, 2021 | -57.45 |
| Dec 31, 2020 | -7.78 |
| Sep 30, 2020 | -31.33 |