Dr Reddys Laboratories (RDY) Interest Coverage Ratio (2015 - 2017)
Dr Reddys Laboratories (RDY) recorded quarterly Interest Coverage Ratio of 3.46 in Q1 2017, down 88.8% quarter-over-quarter from 30.93 in Q4 2016, and down 92.37% on a YoY basis from 45.36 in Q1 2016.
Dr Reddys Laboratories (RDY) Interest Coverage Ratio (2015 - 2017) Analysis & Trends
Dr Reddys Laboratories' Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 3.46 for Q1 2017.
- In Q1 2017, Interest Coverage Ratio fell 92.37% year-over-year to 3.46; the TTM figure through Dec 2017 stood at 37.43 (up 5.67% YoY), while the FY2026 annual figure was 13.48, down 47.19% from the prior year.
- Interest Coverage Ratio was 3.46 for Q1 2017 at Dr Reddys Laboratories, down from 30.93 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 60.14 in Q3 2016 to a low of 3.46 in Q1 2017.
- Historically, Interest Coverage Ratio has averaged 33.22 across 3 years, with a median of 36.99 in 2016.
- The sharpest annual moves came in 2016 and 2017: Interest Coverage Ratio soared 39.69% in 2016, then plunged 92.37% in 2017.
- A 3-year view of Interest Coverage Ratio shows it stood at 47.36 in 2015, then slumped by 34.7% to 30.93 in 2016, then slumped by 88.8% to 3.46 in 2017.
- The last three Interest Coverage Ratio figures came in at 3.46 (Q1 2017), 30.93 (Q4 2016), and 60.14 (Q3 2016), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | - |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 13.44 |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 108.60 |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | - |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 5.39 |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -2.31 |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 16.72 |
| 10 | Dr Reddys Laboratories | 122.03 Mn | -51.98 Mn | 368.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2017 | 3.46 |
| Dec 31, 2016 | 30.93 |
| Sep 30, 2016 | 60.14 |
| Jun 30, 2016 | 8.03 |
| Mar 31, 2016 | 45.36 |
| Dec 31, 2015 | 47.36 |
| Sep 30, 2015 | 43.06 |
| Jun 30, 2015 | 27.44 |