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.
  • NextPlat's Interest Coverage Ratio amounted to 248.13 in Q3 2022, which was up 7354.35% from 416.53 recorded in Q2 2022.
  • In the past 5 years, NextPlat's Interest Coverage Ratio ranged from a high of 1.49 in Q4 2020 and a low of 937.88 during Q3 2021
  • Moreover, its 3-year median value for Interest Coverage Ratio was 2.1 (2020), whereas its average is 178.66.
  • Data for NextPlat's Interest Coverage Ratio shows a peak YoY increase of 7991.79% (in 2021) and a maximum YoY decrease of 12672332.95% (in 2021) over the last 5 years.
  • Over the past 3 years, NextPlat's Interest Coverage Ratio (Quarter) stood at 1.49 in 2020, then tumbled by 63041.06% to 937.88 in 2021, then skyrocketed by 73.54% to 248.13 in 2022.
  • Its Interest Coverage Ratio was 248.13 in Q3 2022, compared to 416.53 in Q2 2022 and 937.88 in Q3 2021.