GeneDx Holdings (WGSWW) Interest Coverage Ratio (2020 - 2023)
GeneDx Holdings (WGSWW) 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 (WGSWW) 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 WGSWW 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 | - | - | 68.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |