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Zimmer Biomet Holdings Inc   (ZBH)
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Cumulative Zimmer Biomet Holdings Inc 's Interest Coverage ratios

ZBH's Interest expense and Ebitda growth



ZBH Interest Coverage (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Interest expense Change 20.8 % 32.99 % 17.27 % -12.7 % -19.58 %
Y / Y Ebitda Change 13.34 % 20.15 % 50.7 % 10.78 % -6.04 %
Interest Coverage (TTM) 9.51 9.64 9.8 9.07 8.63
Total Ranking # 766 # 766 # 296 # 891 # 988
Seq. Interest expense Change -0.97 % 7.05 % 13.15 % 0.71 % 9.02 %
Seq. Ebitda Change -9.61 % -0.16 % 188.74 % -56.5 % -4.18 %




Interest Coverage in the third quarter 2023 Comment
Zimmer Biomet Holdings Inc 's interest coverage ratio sequentially decreased to 9.51 but remained above company average. Due to decrease of ebitda in the Q3 2023 by -9.61%.

Within Healthcare sector 83 other companies have achieved higher interest coverage ratio during the Q3 2023. While interest coverage ratio ranking remained unchanged compared to the second quarter 2023 at no. 766.

What is Interest Coverage Ratio?
Source of Zimmer Biomet Holdings Inc sales

Interest Coverage Company Ranking
Within: No.
Industry # 29
Sector # 84
S&P 500 # 766


Interest Coverage Statistics
High Average Low
9.9
6.86
3.66
(Jun 30 2021)   (Dec 31 2018)





Financial Statements
Zimmer Biomet Holdings Inc 's Interest expense $ 51 Millions Visit ZBH's Income Statement
Zimmer Biomet Holdings Inc 's Ebitda $ 512 Millions Visit ZBH's Income Statement
Where are ZBH's Sales coming from? Visit ZBH's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Sep 30 2023, within Healthcare Sector Interest Coverage Ratio EBITDA 12 months ending Sep 30 2023Interest net 12 months ending Sep 30 2023
Tenax Therapeutics Inc   25.18 $ 6.769  Millions$ 0.269  Millions
Ladrx Corporation  16.58 $ 0.685  Millions$ 0.041  Millions
Singular Genomics Systems Inc   11.79 $ 86.951  Millions$ 7.378  Millions
Davita Inc   7.82 $ 1,577.979  Millions$ 201.775  Millions
Healthcare Services Group Inc   7.02 $ 49.362  Millions$ 7.032  Millions
Icu Medical Inc  6.87 $ 320.212  Millions$ 46.632  Millions
Privia Health Group Inc   6.79 $ 29.678  Millions$ 4.372  Millions
Exelixis Inc   2.30 $ 189.104  Millions$ 82.143  Millions

Date modified: 2023-11-08T18:47:34+00:00



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