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
DateValue
Dec 31, 2023 -5.12
Sep 30, 2023 42.19
Dec 31, 2022 -6.39
Sep 30, 2022 56.74
Dec 31, 2021 2.88
Sep 30, 2021 -57.45
Dec 31, 2020 0.91
Sep 30, 2020 -31.33