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

Neogen has reported Interest Coverage Ratio for 4 years, with the latest figure at 1.2 in Q2 2024.

• On a quarterly basis, Interest Coverage Ratio fell 49.31% year-over-year to 1.2 in Q2 2024; TTM through May 2024 was 1.39, a 1.0% increase from a year earlier, with the FY2026 full-year figure at 0.9, up 96.78% from the prior year.
• Interest Coverage Ratio was 1.2 for Q2 2024 at Neogen, up from 1.15 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 173.34 in Q1 2021, with the low at 0.96 in Q4 2022.
• Average Interest Coverage Ratio over 4 years is 39.05, with a median of 1.81 recorded in 2023.
• The largest YoY upside for Interest Coverage Ratio was 246.39% in 2023 against a maximum downside of 98.7% in 2023.
• Over 4 years, Interest Coverage Ratio stood at 98.39 in 2021, then tumbled by 100.98% to 0.96 in 2022, then surged by 246.39% to 1.41 in 2023, then declined by 14.61% to 1.2 in 2024.
• The last three Interest Coverage Ratio figures came in at 1.2 (Q2 2024), 1.15 (Q1 2024), and 1.41 (Q4 2023), per Business Quant data.