Patrick Industries (PATK) Interest Coverage Ratio (2011 - 2016)
Patrick Industries' (PATK) Interest Coverage Ratio was 17.16 for Q2 2016, down 24.3% from 22.68 a year earlier but up 37.3% from the prior quarter.
Patrick Industries (PATK) Interest Coverage Ratio (2011 - 2016) Analysis & Trends
Over the twelve months ended Jun 26, 2016, Patrick Industries' Interest Coverage Ratio came in at 14.01, down 29.2% year-over-year; for FY2015, it was 16.19, down 24.7% from FY2014.
- By year, Interest Coverage Ratio came in at 21.51 in FY2014 (+14.0%), 18.86 in FY2013 (+181.6%), 6.70 in FY2012 (+122.1%) and 3.02 in FY2011 (+159.9%).
- Five-year quarterly Interest Coverage Ratio spans a low of 2.94 in Q4 2012 and a high of 30.61 in Q2 2014.
- Year over year, Interest Coverage Ratio has now declined in each of the last six quarters, with an average decline of 15.7% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2013 (growth of 429.2%); the low point was Q1 2016 (a decline of 35.4%).
- Per Business Quant data, the three quarters before Q2 2016 came in at 12.50 (Q1 2016), 12.83 (Q4 2015) and 13.18 (Q3 2015).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 3.54 |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 16.79 |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 10.27 |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 12.86 |
| 10 | Patrick Industries | 2.22 Bn | 2.11 Bn | 247.58 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2016 | 17.16 |
| Mar 27, 2016 | 12.50 |
| Dec 31, 2015 | 12.83 |
| Sep 27, 2015 | 13.18 |
| Jun 28, 2015 | 22.68 |
| Mar 29, 2015 | 19.36 |
| Dec 31, 2014 | 18.20 |
| Sep 28, 2014 | 18.00 |
| Jun 29, 2014 | 30.61 |
| Mar 30, 2014 | 21.42 |
| Dec 31, 2013 | 15.54 |
| Sep 29, 2013 | 16.59 |
| Jun 30, 2013 | 24.74 |
| Mar 31, 2013 | 18.87 |
| Dec 31, 2012 | 2.94 |
| Sep 30, 2012 | 8.81 |
| Jul 1, 2012 | 9.60 |
| Apr 1, 2012 | 8.91 |
| Dec 31, 2011 | 3.37 |
| Sep 25, 2011 | 6.75 |
Patrick Industries Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PATK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PATK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PATK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();