Envista Holdings (NVST) Interest Coverage Ratio (2019 - 2024)
Envista Holdings (NVST) recorded quarterly Interest Coverage Ratio of 98.57 in Q2 2024, down 2743.63% quarter-over-quarter from 3.73 in Q1 2024, and down 2273.85% on a YoY basis from 4.53 in Q2 2023.
Envista Holdings (NVST) Interest Coverage Ratio (2019 - 2024) Analysis & Trends
Envista Holdings' Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 98.57 for Q2 2024.
- In Q2 2024, Interest Coverage Ratio fell 2273.85% year-over-year to 98.57; the TTM figure through Mar 2025 stood at 89.51 (down 71232.85% YoY), while the FY2023 annual figure was 0.5, down 94.02% from the prior year.
- Interest Coverage Ratio was 98.57 for Q2 2024 at Envista Holdings, down from 3.73 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 15.51 in Q2 2022 to a low of 98.57 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 2.41 across 5 years, with a median of 4.46 in 2021.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio jumped 193.54% in 2022, then slumped 2273.85% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.45 in 2020, then climbed by 27.23% to 4.39 in 2021, then soared by 38.23% to 6.07 in 2022, then plunged by 340.4% to 14.59 in 2023, then tumbled by 575.62% to 98.57 in 2024.
- The last three Interest Coverage Ratio figures came in at 98.57 (Q2 2024), 3.73 (Q1 2024), and 14.59 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 0.62 |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | - |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 93.21 |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | - |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -1.48 |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | - |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | - |
| 10 | Envista Holdings | 4.06 Bn | 2.98 Bn | 390.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2024 | -98.57 |
| Mar 29, 2024 | 3.73 |
| Dec 31, 2023 | -14.59 |
| Sep 29, 2023 | 5.41 |
| Jun 30, 2023 | 4.53 |
| Mar 31, 2023 | 4.32 |
| Dec 31, 2022 | 6.07 |
| Sep 30, 2022 | 6.42 |
| Jul 1, 2022 | 10.19 |
| Apr 1, 2022 | 15.51 |
| Dec 31, 2021 | 4.39 |
| Oct 1, 2021 | 6.81 |
| Jul 2, 2021 | 6.13 |
| Apr 2, 2021 | 5.28 |
| Dec 31, 2020 | 3.45 |
| Oct 2, 2020 | 2.63 |
| Jul 3, 2020 | -7.44 |
| Apr 3, 2020 | -7.58 |
| Dec 31, 2019 | 10.97 |
| Sep 27, 2019 | 393.50 |