Bionik Laboratories

Bionik Laboratories Interest Coverage

The Interest Coverage Ratio of Bionik Laboratories (BNKL) as of Nov 2, 2026 is -45.01. In the previous year, Interest Coverage Ratio was -15.19 — a change of 196.37% (lower).

Interest Coverage

-45.01

YoY

196.37%

Last updated:

Interest Coverage Ratio of Bionik Laboratories is 2023 -45.01 . Interest Coverage Ratio of Bionik Laboratories was 2022 -15.19 . It decreases by 196.37% lower compared to the previous year.

The Bionik Laboratories Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2015
-0.10 USD
Jan 1, 2016
-0.87 USD
Jan 1, 2017
-68.99 USD
Jan 1, 2018
-3.01 USD
Jan 1, 2019
-2.49 USD
Jan 1, 2020
-61.82 USD
Jan 1, 2021
-15.19 USD
Jan 1, 2023
-45.01 USD
The Bionik Laboratories Interest Coverage history
YEARInterest CoverageYoY
-45.01+196.37%
-15.19-75.44%
-61.82+2,383.51%
-2.49-17.23%
-3.01-95.64%
-68.99+7,832.34%
-0.87+783.58%
-0.10—

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Bionik Laboratories Stock analysis

What does Bionik Laboratories do? Bionik Laboratories Corp. generates revenue through its portfolio of rehabilitation products designed for neurological and mobility-impaired patients. The company offers InMotion ARM, InMotion ARM/HAND, and InMotion Robots as fully developed clinical solutions, with InMotion CONNECT serving as a complementary platform. InMotion Home is in development as an at-home upper extremity therapy product. These products target healthcare providers and rehabilitation centers seeking advanced robotic therapies for stroke and mobility disorders. The company's focus on AI-driven rehabilitation solutions positions it to serve the growing market for smart, patient-centric mobility recovery systems. The business model relies on selling robotic therapy systems and software platforms to clinical facilities and home care settings. InMotion ARM and InMotion ARM/HAND are deployed in professional rehabilitation environments, while InMotion Home aims to expand access to therapy beyond clinical walls. InMotion CONNECT supports data-driven treatment planning and progress tracking, enhancing the value proposition for healthcare institutions. The company monetizes through product sales and potentially service contracts for its AI-enhanced rehabilitation systems. Bionik Laboratories Corp. targets healthcare providers specializing in neurological rehabilitation, including hospitals and outpatient clinics. Its products address upper and lower extremity rehabilitation needs, with a primary focus on stroke recovery. The company's development pipeline includes three market-ready products and three in various stages of development, ensuring a steady stream of revenue opportunities as products progress from development to commercialization. Bionik Laboratories is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Bionik Laboratories stock

Interest Coverage Ratio of Bionik Laboratories is -45.01 in 2023.

Interest Coverage Ratio of Bionik Laboratories changed from -15.19 to -45.01, representing a 196.37% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Bionik Laboratories since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Bionik Laboratories with sector peers and the industry average to assess whether it is attractive.

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