Newegg Commerce (NEGG) Interest Coverage Ratio (2010 - 2023)

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.

Newegg Commerce (NEGG) Interest Coverage Ratio (2010 - 2023) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Amazon Com 2,931.64 Bn 2,808.66 Bn 198.88 Bn 6.58
2 PDD Holdings 506.17 Bn 446.63 Bn 9.83 Bn 11.04
3 Mercadolibre 98.29 Bn 83.09 Bn 4.16 Bn 0.18
4 DoorDash 92.11 Bn 86.76 Bn 2.35 Bn 0.43
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn -5.55
6 Sea 78.22 Bn 69.70 Bn 3.15 Bn -3,476.62
7 Ebay 47.18 Bn 43.87 Bn 2.30 Bn 10.40
8 Coupang 29.74 Bn 23.63 Bn 2.49 Bn -22.24
9 Zkh 16.36 Bn 16.36 Bn 51.11 Mn 9.90
10 Newegg Commerce 383,976.26 -108.26 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 -0.90
Sep 30, 2023 42.19
Dec 31, 2022 -0.36
Sep 30, 2022 56.74
Dec 31, 2021 77.80
Sep 30, 2021 -57.45
Dec 31, 2020 0.07
Sep 30, 2020 -31.33
Dec 31, 2012 14.27
Sep 30, 2012 3.52
Jun 30, 2012 4.81
Mar 31, 2012 1.36
Dec 31, 2011 -9.56
Sep 30, 2011 5.32
Jun 30, 2011 6.25
Mar 31, 2011 18.44
Dec 31, 2010 68.81
Sep 30, 2010 74.82
Jun 30, 2010 171.63