QTREX Quantum (QTEX) Interest Coverage Ratio (2021 - 2023)
QTREX Quantum's (QTEX) quarterly Interest Coverage Ratio came in at 17.27 in Q3 2023, down 35.35% year-over-year from 26.71 in Q3 2022, and down 66.01% quarter-over-quarter from 50.8 in Q2 2023.
Analysis
QTREX Quantum (QTEX) Interest Coverage Ratio (2021 - 2023) Analysis & Trends
QTREX Quantum has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 17.27 for Q3 2023.
- In Q3 2023, Interest Coverage Ratio fell 35.35% year-over-year to 17.27; the TTM figure through Sep 2023 stood at 26.04 (changed N/A YoY), while the FY2022 annual figure was 82.28, changed N/A from the prior year.
- Interest Coverage Ratio came in at 17.27 for Q3 2023 at QTREX Quantum, down from 50.8 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 316.5 in Q2 2022 to a low of 7.95 in Q3 2021.
- Average Interest Coverage Ratio over 3 years is 67.28, with a median of 26.71 recorded in 2022.
- Year-over-year, Interest Coverage Ratio surged 235.82% in 2022 and plunged 83.95% in 2023.
- Over 3 years, Interest Coverage Ratio stood at 7.95 in 2021, then jumped by 181.49% to 22.39 in 2022, then slipped by 22.88% to 17.27 in 2023.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 17.27 in Q3 2023, 50.8 in Q2 2023, and 29.35 in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 177.43 Bn | 172.48 Bn | 7.27 Bn | 4.82 |
| 2 | Intuitive Surgical | 139.20 Bn | 134.11 Bn | 1.96 Bn | - |
| 3 | Medtronic | 118.01 Bn | 109.81 Bn | 6.34 Bn | 9.48 |
| 4 | Stryker | 105.44 Bn | 101.96 Bn | 4.50 Bn | 11.77 |
| 5 | Boston Scientific | 62.90 Bn | 62.60 Bn | 3.85 Bn | 12.27 |
| 6 | Edwards Lifesciences | 50.87 Bn | 46.72 Bn | 1.35 Bn | - |
| 7 | Dexcom | 33.72 Bn | 31.77 Bn | 830.00 Mn | - |
| 8 | Resmed | 32.45 Bn | 30.98 Bn | 861.22 Mn | - |
| 9 | Alcon | 31.70 Bn | 30.25 Bn | 1.68 Bn | 0.21 |
| 10 | QTREX Quantum | 26.07 Mn | 22.91 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 17.27 |
| Jun 30, 2023 | 50.80 |
| Mar 31, 2023 | 29.35 |
| Dec 31, 2022 | 22.39 |
| Sep 30, 2022 | 26.71 |
| Jun 30, 2022 | 316.50 |
| Sep 30, 2021 | 7.95 |