Eplus (PLUS) Interest Coverage Ratio (2017 - 2024)
Eplus' (PLUS) quarterly Interest Coverage Ratio came in at 31.86 in Q4 2024, down 17.69% year-on-year from 38.7 in Q1 2024, and down 36.63% quarter-over-quarter from 50.27 in Q3 2024.
Eplus (PLUS) Interest Coverage Ratio (2017 - 2024) Analysis & Trends
Eplus has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 31.86 for Q4 2024.
- Interest Coverage Ratio for Q4 2024 came in at 31.86, down 17.69% year-over-year; the trailing twelve-month figure through Sep 2025 was 248.55 (up 460.01% YoY), and the FY2024 annual result was 41.9, up 4.22% from the prior year.
- Interest Coverage Ratio came in at 31.86 for Q4 2024 at Eplus, down from 50.27 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 129.54 in Q3 2021 to a low of 73.0 in Q1 2021.
- The 5-year median for Interest Coverage Ratio is 48.98 (2022), against an average of 52.03.
- Across the five-year window, Interest Coverage Ratio tumbled 376.01% in 2021 and soared 173.68% in 2022, its largest moves.
- Eplus' Interest Coverage Ratio stood at 82.43 in 2020, then decreased by 21.97% to 64.32 in 2021, then tumbled by 54.14% to 29.5 in 2022, then surged by 31.22% to 38.7 in 2023, then fell by 17.69% to 31.86 in 2024.
- The last three Interest Coverage Ratio figures came in at 31.86 (Q4 2024), 50.27 (Q3 2024), and 53.78 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | -9.39 |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 7.40 |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 17.81 |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | - |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | - |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 13.64 |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 38.38 |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | -17.35 |
| 10 | Eplus | 2.16 Bn | 1.74 Bn | - | - |
Historic Data
Download 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 | -73.00 |
| Dec 31, 2020 | 82.43 |
| Sep 30, 2020 | 115.32 |
| Jun 30, 2020 | 43.32 |
| Mar 31, 2020 | 26.45 |