Carmat

Carmat Interest Coverage

Delisted

The Interest Coverage Ratio of Carmat (ALCAR.PA) as of Oct 27, 2026 is -15.63. In the previous year, Interest Coverage Ratio was -17.09 — a change of -8.53% (higher).

Interest Coverage

-15.63

YoY

-8.53%

Last updated:

Interest Coverage Ratio of Carmat is 2024 -15.63 . Interest Coverage Ratio of Carmat was 2023 -17.09 . It decreases by -8.53% higher compared to the previous year.

The Carmat Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-65.75 EUR
Jan 1, 2018
-45.27 EUR
Jan 1, 2019
-23.79 EUR
Jan 1, 2020
-14.78 EUR
Jan 1, 2021
-18.22 EUR
Jan 1, 2022
-13.49 EUR
Jan 1, 2023
-17.09 EUR
Jan 1, 2024
-15.63 EUR
The Carmat Interest Coverage history
YEARInterest CoverageYoY
-15.63-8.53%
-17.09+26.66%
-13.49-25.92%
-18.22+23.23%
-14.78-37.86%
-23.79-47.46%
-45.27-31.14%
-65.75+204.56%
-21.59-7.13%
-23.25-42.01%
-40.08—

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Carmat Stock analysis

What does Carmat do? Carmat SA is a French company that was founded in 2008 and is headquartered in Vélizy-Villacoublay, France. The company is involved in the development, manufacture, and sale of cardiovascular systems and artificial hearts. Carmat is a leader in developing technologies for the treatment of serious heart conditions and aims to provide highly innovative solutions for patients suffering from end-stage heart failure. The business model of Carmat is based on the development and commercialization of products that contribute to improving the quality of life for patients with serious heart conditions. The artificial hearts are made from biocompatible materials and can be implanted in human bodies. They can serve as a bridge to a heart transplant or even as a permanent solution for complete replacement of the natural heart. Carmat is divided into various divisions including research and development, production, sales, and marketing. The company's research and development department works on developing highly specialized technologies for the artificial hearts to enhance performance and reliability. The production department manufactures the artificial hearts and ensures a strictly controlled, sterile environment to ensure the highest quality of products. The sales and marketing team ensures that the artificial hearts are marketed and sold worldwide. Carmat currently offers the Carmat heart, which is considered a revolutionary product in the market. The heart is made from biocompatible materials and is produced through a strictly controlled process. It has been designed to maximize performance and reliability in an artificial heart solution. The artificial hearts are implanted in an elaborate and fully equipped operating room to ensure an optimal environment. Carmat has also formed partnerships with other companies and institutions to strengthen its research and development department and share knowledge and experience in the industry. This includes a partnership with Airbus, which supports the company in developing new technologies. Carmat also collaborates with medical facilities to test the artificial hearts and improve their performance. Overall, Carmat is a leading brand in the field of artificial hearts. The company aims to develop innovative products to improve the lives of people with heart failure. It has established itself as a reliable provider of artificial hearts in the market and strives to constantly improve its business activities to meet the growing demand for more effective treatment options for patients with heart problems. Carmat is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Carmat stock

Interest Coverage Ratio of Carmat is -15.63 in 2024.

Interest Coverage Ratio of Carmat changed from -17.09 to -15.63, representing a -8.53% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Carmat 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 Carmat with sector peers and the industry average to assess whether it is attractive.

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Leverage — Carmat

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