Equinix Interest Coverage from 2010 to 2024

EQIX Stock  USD 964.84  16.64  1.70%   
Equinix 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, Equinix Interest Coverage regression line of annual values had r-squared of  0.79 and arithmetic mean of  2.26. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
3.59003736
Current Value
3.77
Quarterly Volatility
0.91942863
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Equinix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 218.3 M or Total Revenue of 8.6 B, as well as many indicators such as Price To Sales Ratio of 8.75, Dividend Yield of 0.0202 or PTB Ratio of 6.34. Equinix financial statements analysis is a perfect complement when working with Equinix Valuation or Volatility modules.
  
Check out the analysis of Equinix Correlation against competitors.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Latest Equinix's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Equinix over the last few years. It is Equinix's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Equinix'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  

Equinix Interest Coverage Regression Statistics

Arithmetic Mean2.26
Geometric Mean2.02
Coefficient Of Variation40.69
Mean Deviation0.73
Median1.90
Standard Deviation0.92
Sample Variance0.85
Range3.3999
R-Value0.89
Mean Square Error0.19
R-Squared0.79
Slope0.18
Total Sum of Squares11.83

Equinix Interest Coverage History

2024 3.77
2023 3.59
2022 3.37
2021 3.3
2020 2.59
2019 2.44
2018 1.87

About Equinix Financial Statements

Equinix investors use historical fundamental indicators, such as Equinix'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 Equinix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 3.59  3.77 

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Additional Tools for Equinix Stock Analysis

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