PDD Holdings (PDD) Interest Coverage Ratio (2019 - 2023)
PDD Holdings' (PDD) Interest Coverage Ratio stood at 2745.23 in the quarter ended Dec 31, 2023, up 268.1% from 745.69 a year earlier and up 101.2% from the prior quarter.
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Analysis
PDD Holdings (PDD) Interest Coverage Ratio (2019 - 2023) Analysis & Trends
For the year ended Dec 31, 2023, PDD Holdings' Interest Coverage Ratio came in at 1334.46, up 120.7% from the prior year.
- Across earlier years, Interest Coverage Ratio came in at 604.62 in the year ended Dec 31, 2022, 5.54 in the year ended Dec 31, 2021, -12.39 in the year ended Dec 31, 2020 and -58.54 in the year ended Dec 31, 2019.
- The figure for the quarter ended Dec 31, 2023 is the highest quarterly Interest Coverage Ratio in data going back to the quarter ended Sep 30, 2019.
- On a year-over-year basis, Interest Coverage Ratio has increased for four consecutive quarters, with growth averaging 163.9% over the last four quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 268.1% in the quarter ended Dec 31, 2023, against a decline of 98.3% in the quarter ended Sep 30, 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 1364.35 (quarter ended Sep 30, 2023), 1065.49 (quarter ended Jun 30, 2023) and 592.88 (quarter ended Mar 31, 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 23.86 |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 6.45 |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 14.88 |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 8.33 |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 31.19 |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 2,745.23 |
| Sep 30, 2023 | 1,364.35 |
| Jun 30, 2023 | 1,065.49 |
| Mar 31, 2023 | 592.88 |
| Dec 31, 2022 | 745.69 |
| Sep 30, 2022 | 764.81 |
| Jun 30, 2022 | 661.46 |
| Mar 31, 2022 | 170.44 |
| Dec 31, 2021 | 22.71 |
| 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 | 15.47 |
| Sep 30, 2019 | 454.20 |
API Access
PDD Holdings 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=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PDD", "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=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();