RideNow (RDNW) Interest Coverage Ratio (2014 - 2024)

RideNow (RDNW) has reported Interest Coverage Ratio for 10 consecutive years, with 0.32 the latest figure, recorded in Q1 2024.

• In Q1 2024, Interest Coverage Ratio rose 912.07% year-over-year to 0.32; the TTM figure through Dec 2024 stood at 0.94 (down 4.87% YoY), while the FY2023 annual figure was 0.9, up 81.97% from the prior year.
• Interest Coverage Ratio came in at 0.32 for Q1 2024 at RideNow, up from 3.24 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 288.93 in Q4 2020, with the low at 19.91 in Q4 2022.
• Average Interest Coverage Ratio over 5 years is 23.73, with a median of 0.32 recorded in 2024.
• Across the five-year window, Interest Coverage Ratio soared 10820.76% in 2020 and slumped 1139.72% in 2022, its largest moves.
• Year by year, Interest Coverage Ratio stood at 288.93 in 2020, then tumbled by 99.34% to 1.91 in 2021, then plunged by 1139.72% to 19.91 in 2022, then surged by 83.74% to 3.24 in 2023, then soared by 109.98% to 0.32 in 2024.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.32, 3.24, and 0.01 for Q1 2024, Q4 2023, and Q3 2023 respectively.