Immersion Corporation

NasdaqGS IMMR

Immersion Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending October 31, 2024: 18.18

Immersion Corporation Interest Coverage Ratio is 18.18 for the Trailing 12 Months (TTM) ending October 31, 2024, a 90.77% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Immersion Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 9.53, a 334.82% change year over year.
Immersion Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 2.19, a -95.98% change year over year.
Immersion Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 54.48, a 588.24% change year over year.
Immersion Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was -11.16, a 98.93% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NasdaqGS: IMMR

Immersion Corporation

CEO	Mr. Eric Brandon Singer
IPO Date	Nov. 12, 1999
Location	United States
Headquarters	2999 NE 191st Street
Employees	14
Sector	Technology
Industries Augmented Reality (AR) 3D Printing Hardware & Electronics Mobile Apps Robotics Smartphones Toys Video Games

Description

Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

Key trends

Past 5 years