GROWLIFE, INC. (PHOT) Interest Coverage Ratio (2016 - 2023)

Growlife (PHOT) has disclosed Interest Coverage Ratio for 9 consecutive years, with 0.24 as the latest value for Q2 2023.

  • On a quarterly basis, Interest Coverage Ratio rose 85.49% to 0.24 in Q2 2023 year-over-year; TTM through Jun 2023 was 0.44, a 108.81% decrease, with the full-year FY2022 number at 0.68, up 99.87% from a year prior.
  • Interest Coverage Ratio was 0.24 for Q2 2023 at Growlife, up from 0.97 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 0.79 in Q4 2022 to a low of 12.83 in Q2 2019.
  • A 5-year average of 2.97 and a median of 1.63 in 2022 define the central range for Interest Coverage Ratio.
  • Peak YoY movement for Interest Coverage Ratio: surged 771.33% in 2021, then crashed 803.49% in 2022.
  • Growlife's Interest Coverage Ratio stood at 8.89 in 2019, then skyrocketed by 99.08% to 0.08 in 2020, then soared by 771.33% to 0.55 in 2021, then skyrocketed by 44.11% to 0.79 in 2022, then tumbled by 129.87% to 0.24 in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Interest Coverage Ratio are 0.24 (Q2 2023), 0.97 (Q1 2023), and 0.79 (Q4 2022).