Nve (NVEC) Dividend Coverage Ratio (2015 - 2022)
Nve's Dividend Coverage Ratio was 1.26 in fiscal Q2 2023 (quarter ended Sep 30, 2022), up 67.1% from 0.75 a year earlier and up 47.1% from the prior quarter.
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Analysis
Nve (NVEC) Dividend Coverage Ratio (2015 - 2022) Analysis & Trends
On a trailing twelve-month basis, Nve's Dividend Coverage Ratio was 0.91 through Sep 30, 2022, up 22.6% year-over-year; for FY2022 (ended Mar 31, 2022), it came in at 0.75, up 24.1% from FY2021.
- In earlier fiscal years, Dividend Coverage Ratio was 0.60 in FY2021 (-19.3%), 0.75 in FY2020 (+302.5%), 0.19 in FY2019 (-74.1%) and 0.72 in FY2018 (+7.3%).
- The fiscal Q2 2023 figure marks the highest quarterly Dividend Coverage Ratio in data going back to fiscal Q1 2016.
- Compared with a year earlier, Dividend Coverage Ratio has increased for three straight quarters, with growth averaging 25.5% over the last eight quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was fiscal Q2 2023 (growth of 67.1%); the worst was fiscal Q2 2021 (a decline of 41.7%).
- Per Business Quant data, NVEC's Dividend Coverage Ratio in the three fiscal quarters before Q2 2023 was 0.86 (Q1 2023), 0.79 (Q4 2022) and 0.72 (Q3 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | - |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | - |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 10.20 |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | - |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | - |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 10.48 |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 31.77 |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 8.15 |
| 10 | Nve | 392.61 Mn | 306.79 Mn | 4.56 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 1.26 |
| Jun 30, 2022 | 0.86 |
| Mar 31, 2022 | 0.79 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.75 |
| Jun 30, 2021 | 0.74 |
| Mar 31, 2021 | 0.65 |
| Dec 31, 2020 | 0.81 |
| Sep 30, 2020 | 0.46 |
| Jun 30, 2020 | 0.50 |
| Mar 31, 2020 | 0.69 |
| Dec 31, 2019 | 0.77 |
| Sep 30, 2019 | 0.79 |
| Jun 30, 2019 | 0.74 |
| Mar 31, 2019 | -1.66 |
| Dec 31, 2018 | 0.71 |
| Sep 30, 2018 | 0.88 |
| Jun 30, 2018 | 0.81 |
| Mar 31, 2018 | 0.80 |
| Dec 31, 2017 | 0.74 |
API Access
Nve Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NVEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NVEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NVEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();