Resources Connection (RGP) Interest Coverage Ratio (2016 - 2023)
Resources Connection's Interest Coverage Ratio was 154.99 in fiscal Q4 2023 (quarter ended May 27, 2023), up 76.3% from 87.93 a year earlier and up 220.0% from the prior quarter.
Resources Connection (RGP) Interest Coverage Ratio (2016 - 2023) Analysis & Trends
For FY2023 (ended May 27, 2023), Interest Coverage Ratio at Resources Connection came in at 131.86, up 68.2% from FY2022.
- In earlier fiscal years, Interest Coverage Ratio was 78.42 in FY2022 (+446.6%), 14.35 in FY2021 (-19.3%), 17.78 in FY2020 (-22.4%) and 22.90 in FY2019 (+29.8%).
- The fiscal Q4 2023 figure marks the highest quarterly Interest Coverage Ratio in data going back to fiscal Q2 2017.
- Compared with a year earlier, Interest Coverage Ratio was higher in five of the last seven quarters, with growth averaging 277.6%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q3 2022 (growth of 906.8%); the worst was fiscal Q2 2021 (a decline of 91.5%).
- Per Business Quant data, RGP's Interest Coverage Ratio in the three fiscal quarters before Q4 2023 was 48.44 (Q3 2023), 117.97 (Q2 2023) and 79.56 (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 44.95 |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 26.05 |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | - |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 4.86 |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 21.44 |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 30.00 |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 17.00 |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | Resources Connection | 129.49 Mn | -202.97 Mn | 39.93 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 27, 2023 | 154.99 |
| Feb 25, 2023 | 48.44 |
| Nov 26, 2022 | 117.97 |
| Aug 27, 2022 | 79.56 |
| May 28, 2022 | 87.93 |
| Feb 26, 2022 | 57.01 |
| Nov 27, 2021 | 89.11 |
| Aug 28, 2021 | 83.80 |
| May 29, 2021 | 54.42 |
| Feb 27, 2021 | 5.66 |
| Nov 28, 2020 | 2.72 |
| Aug 29, 2020 | 8.50 |
| May 30, 2020 | 13.93 |
| Feb 22, 2020 | 7.00 |
| Nov 23, 2019 | 32.10 |
| Aug 24, 2019 | 16.73 |
| May 25, 2019 | 30.09 |
| Feb 23, 2019 | 17.16 |
| Nov 24, 2018 | 26.83 |
| Aug 25, 2018 | 18.56 |
Resources Connection 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=RGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "RGP", "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=RGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();