CSIMarket
 

Thermo Fisher Scientific Inc   (TMO)
Other Ticker:  
 

Cumulative Thermo Fisher Scientific Inc 's Interest Coverage ratios

TMO's Interest expense and Ebitda growth



TMO Interest Coverage (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Interest expense Change 44.98 % 107.51 % 120.27 % 120.59 % 67.08 %
Y / Y Ebitda Change 2.59 % 13.97 % -10.06 % -42.02 % 35.87 %
Interest Coverage (TTM) 8.06 8.78 9.96 12.28 17.57
Total Ranking # 639 # 759 # 439 # 294 # 422
Seq. Interest expense Change 8.64 % 10.12 % 8.67 % 11.52 % 55.49 %
Seq. Ebitda Change -0.27 % 14.02 % 3.53 % -12.85 % 10.8 %




Interest Coverage in the fourth quarter 2023 Comment
Thermo Fisher Scientific Inc 's interest coverage ratio sequentially decreased to 8.06 below company average. Due to decrease of ebitda in the Q4 2023 by -0.27%.

Within Technology sector 90 other companies have achieved higher interest coverage ratio during the Q4 2023. While Interest coverage ratio total ranking has improved in the fourth quarter 2023 to 639, from total ranking in the third quarter 2023 at 759.

What is Interest Coverage Ratio?
Source of Thermo Fisher Scientific Inc sales

Interest Coverage Company Ranking
Within: No.
Industry # 5
Sector # 91
S&P 500 # 639


Interest Coverage Statistics
High Average Low
124.86
35.38
7.65
(Sep. 30, 2011)   (Jun 27 2020)





Financial Statements
Thermo Fisher Scientific Inc 's Interest expense $ 390 Millions Visit TMO's Income Statement
Thermo Fisher Scientific Inc 's Ebitda $ 2,969 Millions Visit TMO's Income Statement
Where are TMO's Sales coming from? Visit TMO's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Technology Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Fabrinet  14.83 $ 299.824  Millions$ 20.214  Millions
Macom Technology Solutions Holdings Inc   13.24 $ 136.556  Millions$ 10.315  Millions
Bandwidth Inc   9.45 $ 7.632  Millions$ 0.808  Millions
Block Inc   7.03 $ 332.196  Millions$ 47.221  Millions
Golden Matrix Group Inc   6.74 $ 0.642  Millions$ 0.095  Millions
Corning Inc  5.64 $ 1,856.000  Millions$ 329.000  Millions
Bentley Systems Incorporated  5.08 $ 201.990  Millions$ 39.793  Millions
Trade Desk Inc   4.09 $ 279.905  Millions$ 68.508  Millions
Alarm com Holdings Inc   3.44 $ 102.593  Millions$ 29.801  Millions
Trimble Inc   2.77 $ 446.600  Millions$ 161.000  Millions
Q2 Holdings inc   2.75 $ 27.739  Millions$ 10.098  Millions
Leidos Holdings Inc   2.46 $ 522.000  Millions$ 212.000  Millions
Par Technology Corporation  2.39 $ 16.574  Millions$ 6.931  Millions

Date modified: 2024-02-22T21:19:50+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com