QuidelOrtho (QDEL) Interest Coverage Ratio (2021 - 2024)
QuidelOrtho (QDEL) reported Interest Coverage Ratio of 45.08 for Q1 2024, down 122.63% on a YoY basis from 199.2 in Q2 2023, and down 40.02% sequentially from 32.19 in Q4 2023.
QuidelOrtho (QDEL) Interest Coverage Ratio (2021 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 4 years of Interest Coverage Ratio data on file, last reported at 45.08 in Q1 2024.
- For the quarter ending Q1 2024, Interest Coverage Ratio fell 122.63% year-over-year to 45.08; the trailing twelve-month figure through Mar 2024 stood at 16.05 (down 459.73% YoY), and the FY2024 full-year result was 11.05, down 2281.67% from the prior year.
- Interest Coverage Ratio retreated to 45.08 in Q1 2024, from 32.19 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6207.0 in Q2 2022 to a low of 45.08 in Q1 2024.
- A 4-year average of 924.08 and a median of 2.67 in 2022 frame the typical range for Interest Coverage Ratio.
- Peak annual rise in Interest Coverage Ratio reached 71.73% in 2023, while the deepest fall reached 1071.72% in 2023.
- Tracing QDEL's Interest Coverage Ratio over 4 years: stood at 2818.0 in 2021, then plunged by 99.93% to 2.04 in 2022, then slumped by 1681.3% to 32.19 in 2023, then slumped by 40.02% to 45.08 in 2024.
- Business Quant data shows QDEL's Interest Coverage Ratio at 45.08 in Q1 2024, 32.19 in Q4 2023, and 0.58 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.90 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 13.19 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.15 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 1.19 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 82.35 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -2.90 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 5.36 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | QuidelOrtho | 1.13 Bn | 990.36 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -45.08 |
| Dec 31, 2023 | -32.19 |
| Oct 1, 2023 | 0.58 |
| Jul 2, 2023 | -0.61 |
| Apr 2, 2023 | 199.20 |
| Jan 1, 2023 | 3.31 |
| Oct 2, 2022 | 2.04 |
| Jul 3, 2022 | 88.56 |
| Apr 3, 2022 | 6,207.00 |
| Oct 3, 2021 | 2,818.00 |