NextPlat (NXPL) Interest Coverage Ratio (2011 - 2026)
NextPlat (NXPL) posted quarterly Interest Coverage Ratio of 1.58 for Q1 2026, up 97.04% year-over-year from 0.8 in Q1 2025, and up 99.27% quarter-over-quarter from 217.47 in Q4 2025.
NextPlat (NXPL) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
NextPlat (NXPL) has reported Interest Coverage Ratio for 15 consecutive years, with 1.58 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 97.04% year-over-year to 1.58; the TTM figure through Mar 2026 stood at 12.36 (up 97.93% YoY), while the FY2025 annual figure was 0.5, down 6433.53% from the prior year.
- Interest Coverage Ratio rose to 1.58 in Q1 2026 per NXPL's latest filing, from 217.47 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.17 in Q1 2024 and bottomed at 671.0 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 112.03 across 5 years, with a median of 46.9 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio slumped 44728.45% — and 2024, when it soared 99.53%.
- NextPlat's Interest Coverage Ratio stood at 192.61 in 2022, then jumped by 80.71% to 37.15 in 2023, then surged by 84.04% to 5.93 in 2024, then plunged by 3568.87% to 217.47 in 2025, then surged by 99.27% to 1.58 in 2026.
- Business Quant data shows NXPL's Interest Coverage Ratio at 1.58 in Q1 2026, 217.47 in Q4 2025, and 51.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | NextPlat | 22.27 Mn | 11.36 Mn | 3.41 Mn | -1.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.58 |
| Dec 31, 2025 | -217.47 |
| Sep 30, 2025 | -51.00 |
| Jun 30, 2025 | -46.90 |
| Mar 31, 2025 | -53.44 |
| Dec 31, 2024 | -5.93 |
| Sep 30, 2024 | -78.42 |
| Jun 30, 2024 | -18.16 |
| Mar 31, 2024 | -1.17 |
| Dec 31, 2023 | -37.15 |
| Sep 30, 2023 | -1.37 |
| Jun 30, 2023 | -671.00 |
| Mar 31, 2023 | -247.60 |
| Dec 31, 2022 | -192.61 |
| Sep 30, 2022 | -10.79 |
| Jun 30, 2022 | -12.48 |
| Mar 31, 2022 | -257.36 |
| Dec 31, 2021 | 91.59 |
| Sep 30, 2021 | -937.88 |
| Jun 30, 2021 | -0.58 |