Basanite (PAYM) Interest Coverage Ratio (2021 - 2025)
Basanite's Interest Coverage Ratio history spans 9 years, with the latest figure at 1.47 for Q3 2025.
- For Q3 2025, Interest Coverage Ratio fell 153.18% year-over-year to 1.47; the TTM value through Sep 2025 reached 1.41, down 32.82%, while the annual FY2024 figure was 0.87, 69.24% up from the prior year.
- Interest Coverage Ratio for Q3 2025 was 1.47 at Basanite, up from 1.84 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.53 in Q1 2024 and bottomed at 88.36 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 2.24 (2023), against an average of 17.66.
- The largest annual shift saw Interest Coverage Ratio skyrocketed 97.07% in 2024 before it plummeted 168.26% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 30.2 in 2021, then soared by 94.46% to 1.67 in 2022, then tumbled by 105.99% to 3.45 in 2023, then surged by 53.64% to 1.6 in 2024, then rose by 8.23% to 1.47 in 2025.
- Per Business Quant, the three most recent readings for PAYM's Interest Coverage Ratio are 1.47 (Q3 2025), 1.84 (Q2 2025), and 0.75 (Q1 2025).