Sigma Lithium (SGML) Interest Coverage Ratio (2023 - 2024)
Sigma Lithium's (SGML) quarterly Interest Coverage Ratio came in at 32.76 in Q1 2024, down 58.38% year-over-year from 78.73 in Q2 2023, and up 1060.82% quarter-over-quarter from 3.41 in Q4 2023.
Analysis
Sigma Lithium (SGML) Interest Coverage Ratio (2023 - 2024) Analysis & Trends
Sigma Lithium (SGML) has reported Interest Coverage Ratio for 2 consecutive years, with 32.76 the latest figure, recorded in Q1 2024.
- On a quarterly basis, Interest Coverage Ratio fell 58.38% year-over-year to 32.76 in Q1 2024; TTM through Mar 2024 was 11.62, a N/A change from a year earlier, with the FY2024 full-year figure at 0.07, up 100.51% from the prior year.
- Interest Coverage Ratio was 32.76 for Q1 2024 at Sigma Lithium, up from 3.41 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 78.73 in Q1 2023 and troughed at 52.61 in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chemical & Mining Co Of Chile | 20.66 Bn | 16.31 Bn | 1.26 Bn | 23.35 |
| 2 | Albemarle | 14.44 Bn | 12.80 Bn | 590.30 Mn | - |
| 3 | Sigma Lithium | 1.12 Bn | 1.10 Bn | 32.81 Mn | - |
| 4 | Lithium Americas | 1.12 Bn | -161.96 Mn | - | - |
| 5 | Lithium Argentina AG | 1.04 Bn | 876.70 Mn | 110.99 Mn | 15.57 |
| 6 | Solid Power | 559.29 Mn | 559.29 Mn | -1.85 Mn | -3,365.44 |
| 7 | Standard Lithium | 468.47 Mn | 331.22 Mn | - | 808.80 |
| 8 | American Battery Technology | 338.21 Mn | 298.93 Mn | 737,749.00 | -102.48 |
| 9 | Atlas Lithium | 91.02 Mn | 54.52 Mn | - | -6.26 |
| 10 | American Battery Materials | 18.82 Mn | 18.82 Mn | - | -2.92 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 32.76 |
| Dec 31, 2023 | -3.41 |
| Sep 30, 2023 | -52.61 |
| Jun 30, 2023 | 10.38 |
| Mar 31, 2023 | 78.73 |