Neogen (NEOG) Interest Coverage Ratio (2021 - 2024)

Neogen (NEOG) recorded quarterly Interest Coverage Ratio of 4.51 in Q2 2024, down 493.58% quarter-over-quarter from 1.15 in Q1 2024, and down 289.96% on a YoY basis from 2.37 in Q2 2023.

Neogen (NEOG) Interest Coverage Ratio (2021 - 2024) Analysis & Trends

Neogen's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 4.51 for Q2 2024.

  • In Q2 2024, Interest Coverage Ratio fell 289.96% year-over-year to 4.51; the TTM figure through Feb 2025 stood at 46.21 (down 2859.62% YoY), while the FY2025 annual figure was 6.24, down 8657.36% from the prior year.
  • Interest Coverage Ratio was 4.51 for Q2 2024 at Neogen, down from 1.15 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 173.34 in Q1 2021 to a low of 4.51 in Q2 2024.
  • Historically, Interest Coverage Ratio has averaged 38.53 across 4 years, with a median of 1.81 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio jumped 246.39% in 2023, then slumped 289.96% in 2024.
  • A 4-year view of Interest Coverage Ratio shows it stood at 98.39 in 2021, then plunged by 100.98% to 0.96 in 2022, then jumped by 246.39% to 1.41 in 2023, then plunged by 419.96% to 4.51 in 2024.
  • The last three Interest Coverage Ratio figures came in at 4.51 (Q2 2024), 1.15 (Q1 2024), and 1.41 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 7.73
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 6.32
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 8.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 12.23
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -2.90
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 5.36
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 20.98
10 Neogen 2.03 Bn 1.87 Bn 99.00 Mn -

Historic Data

Download Data
DateValue
May 31, 2024 -4.51
Feb 29, 2024 1.15
Nov 30, 2023 1.41
Aug 31, 2023 1.81
May 31, 2023 2.37
Feb 28, 2023 1.73
Nov 30, 2022 -0.96
Aug 31, 2022 16.30
Feb 28, 2022 132.85
Aug 31, 2021 98.39
Feb 28, 2021 173.34