RideNow (RDNW) Interest Coverage Ratio (2014 - 2024)
RideNow's Interest Coverage Ratio was 0.32 in Q1 2024, compared with -0.04 a year earlier.
Analysis
RideNow (RDNW) Interest Coverage Ratio (2014 - 2024) Analysis & Trends
On a trailing twelve-month basis, RideNow's Interest Coverage Ratio was -0.84 through Mar 31, 2024; for FY2023, it was -0.90.
- In earlier years, Interest Coverage Ratio was -4.99 in FY2022, -0.54 in FY2021, -2.88 in FY2020 and -5.26 in FY2019.
- The Q1 2024 figure marks the highest quarterly Interest Coverage Ratio since Q3 2022.
- Per Business Quant data, RDNW's Interest Coverage Ratio in the three quarters before Q1 2024 was -3.24 (Q4 2023), -0.01 (Q3 2023) and 0.04 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 20.90 |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 11.73 |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | - |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | - |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 26.12 |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 14.11 |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 6.73 |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | - |
| 10 | RideNow | 241.56 Mn | 85.26 Mn | 84.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 0.32 |
| Dec 31, 2023 | -3.24 |
| Sep 30, 2023 | -0.01 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | -0.04 |
| Dec 31, 2022 | -19.91 |
| Sep 30, 2022 | 1.15 |
| Jun 30, 2022 | 2.43 |
| Mar 31, 2022 | 2.03 |
| Dec 31, 2021 | 1.91 |
| Sep 30, 2021 | -18.56 |
| Jun 30, 2021 | 0.64 |
| Mar 31, 2021 | -1.75 |
| Dec 31, 2020 | -3.20 |
| Sep 30, 2020 | 2.64 |
| Jun 30, 2020 | 2.72 |
| Mar 31, 2020 | -8.97 |
| Dec 31, 2019 | -1.09 |
| Sep 30, 2019 | -3.68 |
| Jun 30, 2019 | -5.24 |
API Access
RideNow 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=RDNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "RDNW", "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=RDNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();