IRIDEX Interest Coverage from 2010 to 2024

IRIX Stock  USD 1.80  0.03  1.69%   
IRIDEX Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage is likely to outpace its year average in 2024. During the period from 2010 to 2024, IRIDEX Interest Coverage regression line of annual values had r-squared of  0.1 and arithmetic mean of  7.53. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
5.88
Current Value
6.17
Quarterly Volatility
8.0434222
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IRIDEX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IRIDEX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 1.7 M or Total Revenue of 40.7 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0 or PTB Ratio of 1.79. IRIDEX financial statements analysis is a perfect complement when working with IRIDEX Valuation or Volatility modules.
  
Check out the analysis of IRIDEX Correlation against competitors.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

Latest IRIDEX's Interest Coverage Growth Pattern

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

IRIDEX Interest Coverage Regression Statistics

Arithmetic Mean7.53
Geometric Mean5.75
Coefficient Of Variation106.87
Mean Deviation3.78
Median6.53
Standard Deviation8.04
Sample Variance64.70
Range33.7976
R-Value(0.31)
Mean Square Error62.81
R-Squared0.1
Significance0.25
Slope(0.56)
Total Sum of Squares905.75

IRIDEX Interest Coverage History

2024 6.17
2023 5.88
2012 2.06
2011 6.53
2010 35.86

About IRIDEX Financial Statements

IRIDEX investors use historical fundamental indicators, such as IRIDEX's Interest Coverage, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in IRIDEX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 5.88  6.17 

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Additional Tools for IRIDEX Stock Analysis

When running IRIDEX's price analysis, check to measure IRIDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.