Organigram Global (OGI) Interest Coverage Ratio (2018 - 2021)
Organigram Global (OGI) posted quarterly Interest Coverage Ratio of 24.68 for Q2 2021, up 44.78% year-over-year from 17.05 in Q2 2020, and down 202.53% quarter-over-quarter from 24.07 in Q1 2021.
Organigram Global (OGI) Interest Coverage Ratio (2018 - 2021) Analysis & Trends
Organigram Global (OGI) has reported Interest Coverage Ratio for 4 consecutive years, with 24.68 the latest figure, recorded in Q2 2021.
- In Q2 2021, Interest Coverage Ratio rose 44.78% year-over-year to 24.68; the TTM figure through May 2021 stood at 30.02 (down 54.25% YoY), while the FY2023 annual figure was 873.64, changed N/A from the prior year.
- Interest Coverage Ratio eased to 24.68 in Q2 2021 per OGI's latest filing, from 24.07 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 24.07 in Q1 2021 and bottomed at 260.14 in Q3 2020.
- Historically, Interest Coverage Ratio has averaged 34.35 across 4 years, with a median of 17.77 in 2020.
- Annual changes were most pronounced in 2019 — Interest Coverage Ratio plunged 1732.83% — and 2021, when it jumped 1275.52%.
- Organigram Global's Interest Coverage Ratio stood at 11.03 in 2018, then tumbled by 419.89% to 35.29 in 2019, then jumped by 49.66% to 17.77 in 2020, then sank by 38.92% to 24.68 in 2021.
- Business Quant data shows OGI's Interest Coverage Ratio at 24.68 in Q2 2021, 24.07 in Q1 2021, and 17.77 in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | -3.15 |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | 114.07 |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 0.05 |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | 52.24 |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 4.20 |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | - |
| 10 | Organigram Global | 152.57 Mn | 152.45 Mn | 28.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2021 | -24.68 |
| Feb 28, 2021 | 24.07 |
| Nov 30, 2020 | -17.77 |
| Aug 31, 2020 | -260.14 |
| May 31, 2020 | -44.69 |
| Feb 29, 2020 | -2.05 |
| Aug 31, 2019 | -35.29 |
| May 31, 2019 | -29.78 |
| Feb 28, 2019 | -0.41 |
| Nov 30, 2018 | 11.03 |
| May 31, 2018 | 1.82 |