Poet Technologies (POET) Interest Coverage Ratio: 2019-2024
Historic Interest Coverage Ratio for Poet Technologies (POET) over the last 3 years, with Dec 2024 value amounting to 958.42.
- Poet Technologies' Interest Coverage Ratio rose 136.73% to 958.42 in Q4 2024 from the same period last year, while for Dec 2024 it was 930.33, marking a year-over-year increase of 524.65%. This contributed to the annual value of -294.56 for FY2024, which is 2.35% down from last year.
- As of Q4 2024, Poet Technologies' Interest Coverage Ratio stood at 958.42, which was up 128.76% from 418.97 recorded in Q3 2024.
- In the past 5 years, Poet Technologies' Interest Coverage Ratio registered a high of 958.42 during Q4 2024, and its lowest value of -382.04 during Q2 2024.
- Moreover, its 2-year median value for Interest Coverage Ratio was 404.85 (2023), whereas its average is 338.12.
- Over the last 5 years, Poet Technologies' Interest Coverage Ratio had its largest YoY gain of 335.38% in 2020, and its largest YoY loss of 111.74% in 2020.
- Quarterly analysis of 4 years shows Poet Technologies' Interest Coverage Ratio stood at 1.00 in 2020, then reached 1.00 in 2021, then reached 404.85 in 2023, then spiked by 136.73% to 958.42 in 2024.
- Its last three reported values are 958.42 in Q4 2024, 418.97 for Q3 2024, and -382.04 during Q2 2024.