Thermo Interest Coverage from 2010 to 2026
| TMO Stock | USD 504.82 5.00 0.98% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 5.71458774 | Current Value 9.98 | Quarterly Volatility 5.37843303 |
Check Thermo Fisher financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermo Fisher's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Total Revenue of 46.8 B or Gross Profit of 17.6 B, as well as many indicators such as Price To Sales Ratio of 5.13, Dividend Yield of 0.0028 or PTB Ratio of 4.28. Thermo financial statements analysis is a perfect complement when working with Thermo Fisher Valuation or Volatility modules.
Thermo | Interest Coverage | Build AI portfolio with Thermo Stock |
Evaluating Thermo Fisher's Interest Coverage across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Thermo Fisher Scientific's fundamental strength.
Latest Thermo Fisher's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Thermo Fisher Scientific over the last few years. It is Thermo Fisher's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thermo Fisher's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
Thermo Interest Coverage Regression Statistics
| Arithmetic Mean | 8.81 | |
| Geometric Mean | 7.74 | |
| Coefficient Of Variation | 61.07 | |
| Mean Deviation | 4.05 | |
| Median | 6.30 | |
| Standard Deviation | 5.38 | |
| Sample Variance | 28.93 | |
| Range | 18.5428 | |
| R-Value | (0.13) | |
| Mean Square Error | 30.32 | |
| R-Squared | 0.02 | |
| Significance | 0.61 | |
| Slope | (0.14) | |
| Total Sum of Squares | 462.84 |
Thermo Interest Coverage History
About Thermo Fisher Financial Statements
Thermo Fisher investors utilize fundamental indicators, such as Interest Coverage, to predict how Thermo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 5.71 | 9.98 |
Pair Trading with Thermo Fisher
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermo Fisher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermo Fisher will appreciate offsetting losses from the drop in the long position's value.Moving against Thermo Stock
| 0.52 | CTE | Cryosite Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Thermo Fisher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermo Fisher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermo Fisher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermo Fisher Scientific to buy it.
The correlation of Thermo Fisher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermo Fisher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermo Fisher Scientific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thermo Fisher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Thermo Fisher Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Will Life Sciences Tools & Services sector continue expanding? Could Thermo diversify its offerings? Factors like these will boost the valuation of Thermo Fisher. If investors know Thermo will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Thermo Fisher data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.09 | Dividend Share 1.72 | Earnings Share 17.74 | Revenue Per Share | Quarterly Revenue Growth 0.072 |
Thermo Fisher Scientific's market price often diverges from its book value, the accounting figure shown on Thermo's balance sheet. Smart investors calculate Thermo Fisher's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Thermo Fisher's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's 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.