Ryanair Holdings (RYAAY) Interest Coverage Ratio (2009 - 2024)
Ryanair Holdings (RYAAY) posted Interest Coverage Ratio of 2.57 for Q1 2024, up 315.2% on a QoQ basis from 1.2 in Q4 2023, and down 75.0% year-over-year from 10.3 in Q2 2023.
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Analysis
Ryanair Holdings (RYAAY) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
Ryanair Holdings has reported Interest Coverage Ratio for 16 years, with the latest figure at 2.57 in Q1 2024.
- On a quarterly basis, Interest Coverage Ratio fell 75.0% year-over-year to 2.57 in Q1 2024; TTM through Mar 2024 was 15.76, a 13.07% increase from a year earlier, with the FY2026 full-year figure at 62.81, down 168.09% from the prior year.
- Interest Coverage Ratio was 2.57 for Q1 2024 at Ryanair Holdings, up from 1.2 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 94.18 in Q3 2023, with the low at 88.11 in Q3 2022.
- Average Interest Coverage Ratio over 5 years is 3.14, with a median of 6.23 recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 708.27% in 2022, then surged 206.88% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 18.31 in 2020, then slumped by 73.45% to 4.86 in 2021, then plunged by 663.64% to 27.41 in 2022, then soared by 95.64% to 1.2 in 2023, then soared by 315.2% to 2.57 in 2024.
- The last three Interest Coverage Ratio figures came in at 2.57 (Q1 2024), 1.2 (Q4 2023), and 94.18 (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | - |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 4.45 |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 3.25 |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | -1.95 |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 6.25 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 0.50 |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 0.53 |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | -0.96 |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | -9.70 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 2.57 |
| Dec 31, 2023 | -1.20 |
| Sep 30, 2023 | 94.18 |
| Mar 31, 2023 | 10.30 |
| Dec 31, 2022 | -27.41 |
| Sep 30, 2022 | -88.11 |
| Jun 30, 2022 | -11.92 |
| Mar 31, 2022 | 7.59 |
| Dec 31, 2021 | 4.86 |
| Sep 30, 2021 | -10.90 |
| Jun 30, 2021 | 14.23 |
| Dec 31, 2020 | 18.31 |
| Sep 30, 2020 | 11.56 |
| Jun 30, 2020 | 19.96 |
| Dec 31, 2019 | -36.31 |
| Sep 30, 2019 | -48.43 |
| Jun 30, 2019 | -20.39 |
| Dec 31, 2018 | 4.79 |
| Mar 31, 2018 | -2.54 |
| Dec 31, 2017 | -7.30 |