Sharplink (SBET) Interest Coverage Ratio (2023 - 2025)
Sharplink (SBET) posted quarterly Interest Coverage Ratio of 2967.95 for Q1 2025, down 57007.98% YoY from N/an in Q1 2024, and down 32.93% sequentially from 2232.68 in Q4 2024.
Sharplink (SBET) Interest Coverage Ratio (2023 - 2025) Analysis & Trends
Sharplink has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 2967.95 for Q1 2025.
- In Q1 2025, Interest Coverage Ratio fell 57007.98% year-over-year to 2967.95; the TTM figure through Dec 2025 stood at 1357.23 (down 9160.97% YoY), while the FY2024 annual figure was 14.66, down 89.57% from the prior year.
- Interest Coverage Ratio slipped to 2967.95 in Q1 2025, from 2232.68 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for SBET reached as high as 4.4 in Q3 2023 and fell as low as 3717.75 in Q2 2024.
- The 3-year median for Interest Coverage Ratio is 9.38 (2023), against an average of 1119.22.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio advanced 29.71% — and 2025, when it slumped 57007.98%.
- A 3-year view of Interest Coverage Ratio shows it stood at 11.37 in 2023, then tumbled by 19541.06% to 2232.68 in 2024, then plunged by 32.93% to 2967.95 in 2025.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2967.95, 2232.68, and 3717.75 for Q1 2025, Q4 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.56 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 1.38 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 4.90 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 5.83 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 460.34 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -15.74 |
| 10 | Sharplink | 1.09 Bn | 1.07 Bn | 11.63 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | -2,967.95 |
| Dec 31, 2024 | -2,232.68 |
| Jun 30, 2024 | -3,717.75 |
| Mar 31, 2024 | -5.20 |
| Dec 31, 2023 | -11.37 |
| Sep 30, 2023 | -4.40 |
| Jun 30, 2023 | -7.03 |
| Mar 31, 2023 | -7.39 |