Growth Metrics

Neogen (NEOG) Interest Coverage Ratio: 2021-2024

Historic Interest Coverage Ratio for Neogen (NEOG) over the last 2 years, with May 2024 value amounting to 1.21.

  • Neogen's Interest Coverage Ratio fell 49.06% to 1.21 in Q2 2024 from the same period last year, while for May 2024 it was 1.39, marking a year-over-year increase of 2.48%. This contributed to the annual value of -27.83 for FY2025, which is 2099.98% down from last year.
  • Latest data reveals that Neogen reported Interest Coverage Ratio of 1.21 as of Q2 2024, which was up 5.54% from 1.15 recorded in Q1 2024.
  • Neogen's Interest Coverage Ratio's 5-year high stood at 173.34 during Q1 2021, with a 5-year trough of -0.92 in Q4 2022.
  • Over the past 3 years, Neogen's median Interest Coverage Ratio value was 1.73 (recorded in 2023), while the average stood at 17.54.
  • Over the last 5 years, Neogen's Interest Coverage Ratio had its largest YoY gain of 253.24% in 2023, and its largest YoY loss of 98.70% in 2023.
  • Neogen's Interest Coverage Ratio (Quarterly) stood at 98.39 in 2021, then crashed by 83.44% to -0.92 in 2022, then skyrocketed by 253.24% to 1.41 in 2023, then plummeted by 49.06% to 1.21 in 2024.
  • Its Interest Coverage Ratio was 1.21 in Q2 2024, compared to 1.15 in Q1 2024 and 1.41 in Q4 2023.