Growth Metrics

NextPlat (NXPL) Interest Coverage Ratio (2016 - 2022)

Historic Interest Coverage Ratio for NextPlat (NXPL) over the last 7 years, with Q3 2022 value amounting to 248.13.

  • NextPlat's Interest Coverage Ratio rose 7354.35% to 248.13 in Q3 2022 from the same period last year, while for Sep 2022 it was 650.49, marking a year-over-year decrease of 1016270.6%. This contributed to the annual value of 309.81 for FY2020, which is N/A changed from last year.
  • According to the latest figures from Q3 2022, NextPlat's Interest Coverage Ratio is 248.13, which was up 7354.35% from 416.53 recorded in Q2 2022.
  • NextPlat's Interest Coverage Ratio's 5-year high stood at 1.49 during Q4 2020, with a 5-year trough of 937.88 in Q3 2021.
  • In the last 3 years, NextPlat's Interest Coverage Ratio had a median value of 2.1 in 2020 and averaged 178.66.
  • Within the past 5 years, the most significant YoY rise in NextPlat's Interest Coverage Ratio was 7991.79% (2021), while the steepest drop was 12672332.95% (2021).
  • Quarter analysis of 3 years shows NextPlat's Interest Coverage Ratio stood at 1.49 in 2020, then plummeted by 63041.06% to 937.88 in 2021, then soared by 73.54% to 248.13 in 2022.
  • Its Interest Coverage Ratio stands at 248.13 for Q3 2022, versus 416.53 for Q2 2022 and 937.88 for Q3 2021.