Zimmer Biomet Holdings (ZBH) Interest Coverage Ratio (2011 - 2018)
Zimmer Biomet Holdings' Interest Coverage Ratio came in at 3.27 for Q3 2018, up 27.4% from 2.57 a year earlier but down 16.2% from the prior quarter.
Zimmer Biomet Holdings (ZBH) Interest Coverage Ratio (2011 - 2018) Analysis & Trends
Over the trailing twelve months to Sep 30, 2018, Zimmer Biomet Holdings reported Interest Coverage Ratio of 2.59, down 14.2% year-over-year; for FY2017, it was 2.44, up 6.4% from FY2016.
- Going back by year, Interest Coverage Ratio was 2.29 in FY2016 (+40.7%), 1.63 in FY2015 (-90.1%), 16.44 in FY2014 (+7.8%) and 15.24 in FY2013 (+6.1%).
- The five-year range for quarterly Interest Coverage Ratio is -1.60 (Q2 2015) to 21.11 (Q4 2013).
- Year-over-year, Interest Coverage Ratio increased in five of the last seven quarters, with growth averaging 19.6%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2013 (growth of 99.0%), and the weakest in Q3 2015 (a decline of 91.8%).
- Business Quant data shows ZBH's Interest Coverage Ratio at 3.90 (Q2 2018), 3.87 (Q1 2018) and -0.50 (Q4 2017) in the three quarters before Q3 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 12.27 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 5.02 |
| 10 | Zimmer Biomet Holdings | 16.94 Bn | 14.23 Bn | 1.54 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2018 | 3.27 |
| Jun 30, 2018 | 3.90 |
| Mar 31, 2018 | 3.87 |
| Dec 31, 2017 | -0.50 |
| Sep 30, 2017 | 2.57 |
| Jun 30, 2017 | 3.40 |
| Mar 31, 2017 | 4.20 |
| Dec 31, 2016 | 1.98 |
| Sep 30, 2016 | 2.14 |
| Jun 30, 2016 | 2.29 |
| Mar 31, 2016 | 2.78 |
| Dec 31, 2015 | 2.37 |
| Sep 30, 2015 | 1.28 |
| Jun 30, 2015 | -1.60 |
| Mar 31, 2015 | 11.68 |
| Dec 31, 2014 | 14.14 |
| Sep 30, 2014 | 15.66 |
| Jun 30, 2014 | 16.51 |
| Mar 31, 2014 | 20.01 |
| Dec 31, 2013 | 21.11 |
Zimmer Biomet Holdings Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ZBH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "ZBH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ZBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();