PDD Holdings (PDD) Interest Coverage Ratio (2019 - 2023)
PDD Holdings' (PDD) quarterly Interest Coverage Ratio came in at 2745.23 in Q4 2023, down 268.14% year-on-year from 1632.66 in Q4 2022, and down 101.18% quarter-over-quarter from 1364.55 in Q3 2023.
PDD Holdings (PDD) Interest Coverage Ratio (2019 - 2023) Analysis & Trends
PDD Holdings has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 2745.23 for Q4 2023.
- Interest Coverage Ratio for Q4 2023 came in at 2745.23, down 268.14% year-over-year; the trailing twelve-month figure through Sep 2024 was 12788.73 (down 1251.25% YoY), and the FY2023 annual result was 1334.55, up 126.74% from the prior year.
- Interest Coverage Ratio came in at 2745.23 for Q4 2023 at PDD Holdings, down from 1364.55 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 454.2 in Q3 2019 to a low of 2745.23 in Q4 2023.
- The 5-year median for Interest Coverage Ratio is 14.98 (2021), against an average of 424.93.
- Across the five-year window, Interest Coverage Ratio slumped 51.83% in 2020 and tumbled 10571.06% in 2022, its largest moves.
- PDD Holdings' Interest Coverage Ratio stood at 15.28 in 2019, then plunged by 51.83% to 7.36 in 2020, then tumbled by 409.51% to 22.79 in 2021, then plunged by 3172.54% to 745.69 in 2022, then plunged by 268.14% to 2745.23 in 2023.
- The last three Interest Coverage Ratio figures came in at 2745.23 (Q4 2023), 1364.55 (Q3 2023), and 1103.23 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 29.82 |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 9.40 |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | - |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | - |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 10.02 |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -18.62 |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 9.90 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | - |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | - |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2,745.23 |
| Sep 30, 2023 | -1,364.55 |
| Jun 30, 2023 | -1,103.23 |
| Mar 31, 2023 | -592.80 |
| Dec 31, 2022 | -745.69 |
| Sep 30, 2022 | -764.94 |
| Jun 30, 2022 | -661.46 |
| Mar 31, 2022 | -170.44 |
| Dec 31, 2021 | -22.79 |
| Sep 30, 2021 | -7.17 |
| Jun 30, 2021 | -6.79 |
| Mar 31, 2021 | 12.36 |
| Dec 31, 2020 | 7.36 |
| Sep 30, 2020 | 7.82 |
| Jun 30, 2020 | 10.06 |
| Mar 31, 2020 | 29.19 |
| Dec 31, 2019 | 15.28 |
| Sep 30, 2019 | 454.20 |