REE Automotive (REE) Interest Coverage Ratio (2023 - 2024)
REE Automotive (REE) reported Interest Coverage Ratio of 4.85 for Q4 2024, down 95.55% year-over-year from 109.0 in Q1 2024, and up 46.06% quarter-over-quarter from 3.32 in Q3 2024.
REE Automotive (REE) Interest Coverage Ratio (2023 - 2024) Analysis & Trends
REE Automotive (REE) has 2 years of Interest Coverage Ratio data on file, last reported at 4.85 in Q4 2024.
- Interest Coverage Ratio for Q4 2024 came in at 4.85, down 95.55% year-over-year; the trailing twelve-month figure through Dec 2024 was 0.31 (down 99.89% YoY), and the FY2025 annual result was 9984.05, down 98467.4% from the prior year.
- Interest Coverage Ratio advanced to 4.85 in Q4 2024 per REE's latest filing, from 3.32 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 109.0 in Q4 2023 and troughed at 3.32 in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 13.41 |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 10.03 |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 6.51 |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 4.25 |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | - |
| 10 | REE Automotive | 11.57 Mn | -4.65 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 4.85 |
| Sep 30, 2024 | 3.32 |
| Dec 31, 2023 | 109.00 |