QXO (QXO) Interest Coverage Ratio (2018 - 2024)
Historic Interest Coverage Ratio for QXO (QXO) over the last 7 years, with Q1 2024 value amounting to 11.37.
- QXO's Interest Coverage Ratio fell 4692.86% to 11.37 in Q1 2024 from the same period last year, while for Dec 2024 it was 3537.99, marking a year-over-year decrease of 81545081.12%. This contributed to the annual value of 0.44 for FY2023, which is 8985.82% up from last year.
- Latest data reveals that QXO reported Interest Coverage Ratio of 11.37 as of Q1 2024, which was down 4692.86% from 0.86 recorded in Q3 2023.
- Over the past 5 years, QXO's Interest Coverage Ratio peaked at 28.45 during Q2 2021, and registered a low of 56.73 during Q4 2021.
- In the last 4 years, QXO's Interest Coverage Ratio had a median value of 1.05 in 2022 and averaged 0.25.
- Per our database at Business Quant, QXO's Interest Coverage Ratio tumbled by 11170.34% in 2022 and then surged by 214777.19% in 2023.
- Over the past 4 years, QXO's Interest Coverage Ratio (Quarter) stood at 56.73 in 2021, then surged by 86.88% to 7.44 in 2022, then surged by 88.49% to 0.86 in 2023, then soared by 1426.81% to 11.37 in 2024.
- Its Interest Coverage Ratio stands at 11.37 for Q1 2024, versus 0.86 for Q3 2023 and 26.17 for Q2 2023.