Quest Interest Coverage from 2010 to 2024

DGX Stock  USD 162.66  0.66  0.40%   
Quest Diagnostics Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage will likely drop to 6.94 in 2024. During the period from 2010 to 2024, Quest Diagnostics Interest Coverage regression line of annual values had r-squared of  0.16 and arithmetic mean of  8.49. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
7.74233129
Current Value
6.94
Quarterly Volatility
2.6492281
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Interest Coverage Growth Pattern

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

Quest Interest Coverage Regression Statistics

Arithmetic Mean8.49
Geometric Mean8.17
Coefficient Of Variation31.22
Mean Deviation1.95
Median7.72
Standard Deviation2.65
Sample Variance7.02
Range9.9359
R-Value0.40
Mean Square Error6.33
R-Squared0.16
Significance0.14
Slope0.24
Total Sum of Squares98.26

Quest Interest Coverage History

2024 6.94
2023 7.74
2022 10.35
2021 15.77
2020 12.09
2019 7.03

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' 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 Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 7.74  6.94 

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Additional Tools for Quest Stock Analysis

When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' 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 Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.