QTREX Quantum (QTEXW) Interest Coverage Ratio (2021 - 2023)

QTREX Quantum (QTEXW) posted Interest Coverage Ratio of 176.13 for Q3 2023, down 446.72% sequentially from 50.8 in Q2 2023, and down 759.4% YoY from 26.71 in Q3 2022.

QTREX Quantum (QTEXW) Interest Coverage Ratio (2021 - 2023) Analysis & Trends

QTREX Quantum (QTEXW) has 3 years of Interest Coverage Ratio data on file, last reported at 176.13 in Q3 2023.

  • Quarterly Interest Coverage Ratio fell 759.4% year-over-year to 176.13 in Q3 2023, while the trailing twelve-month figure through Dec 2023 was 77.28 (down 251.74% YoY) and the FY2022 annual result came in at 82.28, down 2136.66% from the prior year.
  • Interest Coverage Ratio slipped to 176.13 in Q3 2023 per QTEXW's latest filing, from 50.8 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 316.5 in Q2 2022, with the low at 176.13 in Q3 2023.
  • Average Interest Coverage Ratio over 3 years is 35.03, with a median of 24.55 recorded in 2022.
  • Year-over-year, Interest Coverage Ratio soared 732.82% in 2022 and slumped 759.4% in 2023.
  • QTREX Quantum's Interest Coverage Ratio stood at 2.69 in 2021, then jumped by 732.82% to 22.39 in 2022, then slumped by 886.66% to 176.13 in 2023.
  • Business Quant data shows QTEXW's Interest Coverage Ratio at 176.13 in Q3 2023, 50.8 in Q2 2023, and 29.35 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 685.17
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn -
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn -
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 31.32
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 14.68
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn -
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn -
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 9.71
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn -
10 QTREX Quantum - - - -

Historic Data

Download Data
DateValue
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