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Advanced Drainage Systems Inc   (WMS)
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Cumulative Advanced Drainage Systems Inc 's Interest Coverage ratios

WMS's Interest expense and Ebitda growth



WMS Interest Coverage (Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Interest expense Change 11.65 % 20.15 % 96.1 % 578.93 % 128.43 %
Y / Y Ebitda Change 19.18 % -4.1 % -13.97 % 67.13 % 12.82 %
Interest Coverage (TTM) 7.22 7.1 7.41 8.53 14.35
Total Ranking # 690 # 937 # 978 # 928 # 716
Seq. Interest expense Change 1.78 % 1.05 % -62.15 % 186.84 % 9.53 %
Seq. Ebitda Change -19.02 % -2.5 % 22.78 % 22.94 % -34.84 %




Interest Coverage in the third quarter 2023 Comment
Advanced Drainage Systems Inc 's interest coverage sequentially grew from the second quarter 2023 to 7.22in the third quarter 2023, below company average.

Within Capital Goods sector 75 other companies have achieved higher interest coverage ratio during the Q3 2023. While Interest coverage ratio total ranking has improved in the third quarter 2023 to 218, from total ranking in the second quarter 2023 at 745.

What is Interest Coverage Ratio?
Source of Advanced Drainage Systems Inc sales

Interest Coverage Company Ranking
Within: No.
Industry # 13
Sector # 76
S&P 500 # 690


Interest Coverage Statistics
High Average Low
19.14
8.43
-3.39
(Jun 30 2022)   (Jun 30 2019)





Financial Statements
Advanced Drainage Systems Inc 's Interest expense $ 22 Millions Visit WMS's Income Statement
Advanced Drainage Systems Inc 's Ebitda $ 197 Millions Visit WMS's Income Statement
Where are WMS's Sales coming from? Visit WMS's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Capital Goods Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Intuitive Machines Inc   18.97 $ 15.615  Millions$ 0.823  Millions
Sterling Infrastructure Inc   16.66 $ 235.605  Millions$ 14.140  Millions
Tennant Co  11.96 $ 161.400  Millions$ 13.500  Millions
Sci Engineered Materials inc   10.35 $ 2.964  Millions$ 0.286  Millions
Park Aerospace Corp   8.47 $ 9.731  Millions$ 1.149  Millions
Northrop Grumman Corp  5.76 $ 3,139.000  Millions$ 545.000  Millions
Zebra Technologies Corporation  2.83 $ 377.000  Millions$ 133.000  Millions
Primoris Services Corporation  2.64 $ 206.539  Millions$ 78.171  Millions
Willdan Group inc   2.30 $ 21.609  Millions$ 9.413  Millions
Aecom  1.60 $ 247.688  Millions$ 154.785  Millions

Date modified: 2024-02-08T22:29:08+00:00



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