Newegg Commerce (NEGG) Interest Coverage Ratio (2020 - 2023)

Newegg Commerce's (NEGG) quarterly Interest Coverage Ratio came in at 5.12 in Q4 2023, up 19.87% year-on-year from 4.27 in Q4 2022, and down 112.13% quarter-over-quarter from 42.19 in Q3 2023.

Newegg Commerce (NEGG) Interest Coverage Ratio (2020 - 2023) Analysis & Trends

Newegg Commerce has disclosed Interest Coverage Ratio across 4 years of filings, most recently posting 5.12 for Q4 2023.

  • Interest Coverage Ratio for Q4 2023 came in at 5.12, up 19.87% year-over-year; the trailing twelve-month figure through Dec 2023 was 13.56 (down 183.54% YoY), and the FY2025 annual result was 9.46, up 82.53% from the prior year.
  • Interest Coverage Ratio came in at 5.12 for Q4 2023 at Newegg Commerce, down from 42.19 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 56.74 in Q3 2022 to a low of 57.45 in Q3 2021.
  • The 4-year median for Interest Coverage Ratio is 2.1 (2020), against an average of 0.29.
  • Across the five-year window, Interest Coverage Ratio surged 207.82% in 2021 and slumped 328.29% in 2022, its largest moves.
  • Newegg Commerce's Interest Coverage Ratio stood at 0.91 in 2020, then soared by 207.82% to 2.8 in 2021, then tumbled by 328.29% to 6.39 in 2022, then gained by 19.87% to 5.12 in 2023.
  • The last three Interest Coverage Ratio figures came in at 5.12 (Q4 2023), 42.19 (Q3 2023), and 6.39 (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 29.82
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 9.40
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 10.02
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -18.62
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 9.90
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -
10 Newegg Commerce - - - -

Historic Data

Download Data
DateValue
Dec 31, 2023 -5.12
Sep 30, 2023 42.19
Dec 31, 2022 -6.39
Sep 30, 2022 56.74
Dec 31, 2021 2.80
Sep 30, 2021 -57.45
Dec 31, 2020 0.91
Sep 30, 2020 -31.33