Air Interest Coverage from 2010 to 2024

APD Stock  USD 331.83  2.95  0.90%   
Air Products' Interest Coverage is increasing over the years with slightly volatile fluctuation. Interest Coverage is expected to dwindle to 10.98. During the period from 2010 to 2024 Air Products Interest Coverage annual values regression line had geometric mean of  13.68 and mean square error of  9.57. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
20.41179159
Current Value
10.98
Quarterly Volatility
3.76468787
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Air Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Products' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 229.7 M or Selling General Administrative of 952.2 M, as well as many indicators such as Price To Sales Ratio of 5.75, Dividend Yield of 0.0187 or PTB Ratio of 2.24. Air financial statements analysis is a perfect complement when working with Air Products Valuation or Volatility modules.
  
Check out the analysis of Air Products Correlation against competitors.

Latest Air Products' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Air Products and over the last few years. It is Air Products' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Products' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Air Interest Coverage Regression Statistics

Arithmetic Mean14.14
Geometric Mean13.68
Coefficient Of Variation26.63
Mean Deviation3.12
Median14.05
Standard Deviation3.76
Sample Variance14.17
Range11.2388
R-Value0.61
Mean Square Error9.57
R-Squared0.37
Significance0.02
Slope0.51
Total Sum of Squares198.42

Air Interest Coverage History

2024 10.98
2023 20.41
2022 14.05
2021 18.27
2020 16.09
2019 20.47
2018 15.65

About Air Products Financial Statements

Air Products stakeholders use historical fundamental indicators, such as Air Products' Interest Coverage, to determine how well the company is positioned to perform in the future. Although Air Products investors may analyze each financial statement separately, they are all interrelated. For example, changes in Air Products' assets and liabilities are reflected in the revenues and expenses on Air Products' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Air Products and. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 20.41  10.98 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Air Products is a strong investment it is important to analyze Air Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out the analysis of Air Products Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Industrial Gases space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.81
Dividend Share
7.06
Earnings Share
17.26
Revenue Per Share
54.385
Quarterly Revenue Growth
(0)
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.