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| 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 | 2.80 |
| Sep 30, 2021 | -57.45 |
| Dec 31, 2020 | 0.91 |
| Sep 30, 2020 | -31.33 |