Rapid Micro Biosystems

Rapid Micro Biosystems Interest Coverage

The Interest Coverage Ratio of Rapid Micro Biosystems (RPID) as of Oct 13, 2026 is -15.78. In the previous year, Interest Coverage Ratio was -13.44 — a change of 17.43% (lower).

Interest Coverage

-15.78

YoY

17.43%

Last updated:

Interest Coverage Ratio of Rapid Micro Biosystems is 2024 -15.78 . Interest Coverage Ratio of Rapid Micro Biosystems was 2023 -13.44 . It decreases by 17.43% lower compared to the previous year.

The Rapid Micro Biosystems Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
-7.72 USD
Jan 1, 2020
-9.71 USD
Jan 1, 2021
-26.71 USD
Jan 1, 2022
-35.52 USD
Jan 1, 2023
-13.44 USD
Jan 1, 2024
-15.78 USD
The Rapid Micro Biosystems Interest Coverage history
YEARInterest CoverageYoY
-15.78+17.43%
-13.44-62.17%
-35.52+32.97%
-26.71+175.10%
-9.71+25.80%
-7.72—
Access this data via the Eulerpool API

Rapid Micro Biosystems Stock analysis

What does Rapid Micro Biosystems do? Rapid Micro Biosystems Inc is a company specialized in the manufacturing of automated microbiology analysis systems. It was founded in 2006 and is headquartered in Lowell, Massachusetts, USA. The founders aimed to automate microbiology analysis in laboratories to achieve faster and more reliable results. They developed an innovative system that allows for sample analysis within a few hours, with higher accuracy compared to traditional methods. Rapid Micro Biosystems Inc's business model is based on the development and marketing of automated microbiology analysis systems for various industries, including pharmaceutical, medical device, cosmetic, food, and beverage. The company offers products such as the Growth DirectTM microbiology analysis systems that provide advantages in optimizing production processes, reducing time for sample verification, enabling quick detection of errors, and ensuring high quality and reliability. In summary, Rapid Micro Biosystems Inc is an innovative company specializing in the development and marketing of automated microbiology analysis systems. They have gained a significant customer base in different industries and provide solutions and technologies that optimize production processes while meeting the highest quality standards. Rapid Micro Biosystems is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Rapid Micro Biosystems stock

Interest Coverage Ratio of Rapid Micro Biosystems is -15.78 in 2024.

Interest Coverage Ratio of Rapid Micro Biosystems changed from -13.44 to -15.78, representing a 17.43% change. The value is lower than the previous year.

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

Access this data via the Eulerpool API

Leverage — Rapid Micro Biosystems

All Key Metrics — Rapid Micro Biosystems