QTREX Quantum (QTEX) Interest Coverage Ratio (2021 - 2023)
QTREX Quantum's (QTEX) Interest Coverage Ratio was 4.60 for Q4 2023, down 79.5% from 22.39 a year earlier and down 97.4% from the prior quarter.
Analysis
QTREX Quantum (QTEX) Interest Coverage Ratio (2021 - 2023) Analysis & Trends
For FY2023, Interest Coverage Ratio at QTREX Quantum was 22.94.
- By year, Interest Coverage Ratio came in at -54.16 in FY2022, 6.54 in FY2020 and 0.38 in FY2019.
- The Q4 2023 figure ranks as the lowest quarterly Interest Coverage Ratio in data going back to Q3 2021.
- Year over year, Interest Coverage Ratio gained in two of the last four quarters, with growth averaging 158.0%.
- Per Business Quant data, the three quarters before Q4 2023 came in at 176.13 (Q3 2023), 50.80 (Q2 2023) and 29.35 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 12.27 |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 5.02 |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | - |
| 10 | QTREX Quantum | 10.35 Mn | -10.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 176.13 |
| 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 |
| Dec 31, 2021 | 2.69 |
| Sep 30, 2021 | 7.95 |
API Access
QTREX Quantum 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=QTEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "QTEX", "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=QTEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();