GeneDx Holdings (WGS) Interest Coverage Ratio (2020 - 2023)

GeneDx Holdings (WGS) posted quarterly Interest Coverage Ratio of 82.46 for Q2 2023, up 59.95% YoY from 51.56 in Q2 2022, and down 4.78% sequentially from 78.7 in Q1 2023.

GeneDx Holdings (WGS) Interest Coverage Ratio (2020 - 2023) Analysis & Trends

GeneDx Holdings has disclosed Interest Coverage Ratio across 4 years of filings, most recently posting 82.46 for Q2 2023.

  • In Q2 2023, Interest Coverage Ratio rose 59.95% year-over-year to 82.46; the TTM figure through Mar 2024 stood at 213.88 (down 6.02% YoY), while the FY2022 annual figure was 208.19, down 32.29% from the prior year.
  • Interest Coverage Ratio eased to 82.46 in Q2 2023, from 78.7 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for WGS reached as high as 62.95 in Q2 2021 and fell as low as 404.59 in Q4 2022.
  • The 4-year median for Interest Coverage Ratio is 120.95 (2021), against an average of 158.64.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 227.07% — and 2023, when it soared 59.95%.
  • A 4-year view of Interest Coverage Ratio shows it stood at 192.97 in 2020, then advanced by 15.14% to 163.76 in 2021, then tumbled by 147.06% to 404.59 in 2022, then jumped by 79.62% to 82.46 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 82.46, 78.7, and 404.59 for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -0.98
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 5.26
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 21.33
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 46.84
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -104.84
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 15.96
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.68
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 8.71
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 14.05
10 GeneDx Holdings 2.10 Bn 1.93 Bn 68.21 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 -82.46
Mar 31, 2023 -78.70
Dec 31, 2022 -404.59
Sep 30, 2022 -112.67
Jun 30, 2022 -205.88
Mar 31, 2022 -110.53
Dec 31, 2021 -163.76
Sep 30, 2021 -129.23
Jun 30, 2021 -62.95
Mar 31, 2021 -272.00
Dec 31, 2020 -192.97
Sep 30, 2020 -87.94