Eplus (PLUS) Interest Coverage Ratio (2011 - 2024)
Eplus' (PLUS) Interest Coverage Ratio was 31.86 for fiscal Q3 2025 (quarter ended Dec 31, 2024), down 17.7% from 38.70 a year earlier and down 36.6% from the prior quarter.
Eplus (PLUS) Interest Coverage Ratio (2011 - 2024) Analysis & Trends
Over the twelve months ended Dec 31, 2024, Eplus' Interest Coverage Ratio came in at 44.01, up 10.8% year-over-year; for FY2024 (ended Mar 31, 2024), it came in at 41.90, up 4.2% from FY2023.
- By fiscal year, Interest Coverage Ratio came in at 40.20 in FY2023 (-48.1%), 77.41 in FY2022 (+46.0%), 53.03 in FY2021 (+43.3%) and 37.02 in FY2020 (-9.3%).
- The fiscal Q3 2025 figure ranks as the lowest quarterly Interest Coverage Ratio since fiscal Q3 2023.
- Year over year, Interest Coverage Ratio gained in three of the last eight quarters, with an average decline of 4.0%.
- The high point for year-over-year Interest Coverage Ratio in five years was fiscal Q2 2021 (growth of 134.1%); the low point was fiscal Q2 2023 (a decline of 63.2%).
- Per Business Quant data, the three fiscal quarters before Q3 2025 came in at 50.27 (Q2 2025), 53.78 (Q1 2025) and 40.13 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 85.40 |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 67.23 |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | - |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | - |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 21.76 |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | - |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 3.48 |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 3.09 |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | - |
| 10 | Eplus | 2.34 Bn | 749.91 Mn | 151.33 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 31.86 |
| Sep 30, 2024 | 50.27 |
| Jun 30, 2024 | 53.78 |
| Mar 31, 2024 | 40.13 |
| Dec 31, 2023 | 38.70 |
| Sep 30, 2023 | 36.77 |
| Jun 30, 2023 | 54.44 |
| Mar 31, 2023 | 33.40 |
| Dec 31, 2022 | 29.50 |
| Sep 30, 2022 | 47.68 |
| Jun 30, 2022 | 91.41 |
| Mar 31, 2022 | 53.78 |
| Dec 31, 2021 | 64.32 |
| Sep 30, 2021 | 129.54 |
| Jun 30, 2021 | 90.40 |
| Mar 31, 2021 | 28.56 |
| Dec 31, 2020 | 82.43 |
| Sep 30, 2020 | 115.32 |
| Jun 30, 2020 | 43.32 |
| Mar 31, 2020 | 26.45 |
Eplus 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=PLUS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PLUS", "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=PLUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();