Spirent Communications plc

LSE SPT.L

Spirent Communications plc Interest Coverage Ratio for the year ending December 31, 2023: 26.44

Spirent Communications plc Interest Coverage Ratio is 26.44 for the year ending December 31, 2023, a -75.92% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Spirent Communications plc Interest Coverage Ratio for the year ending December 31, 2022 was 109.80, a 30.33% change year over year.
  • Spirent Communications plc Interest Coverage Ratio for the year ending December 31, 2021 was 84.25, a 39.49% change year over year.
  • Spirent Communications plc Interest Coverage Ratio for the year ending December 31, 2020 was 60.40, a 34.55% change year over year.
  • Spirent Communications plc Interest Coverage Ratio for the year ending December 31, 2019 was 44.89, a -93.64% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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LSE: SPT.L

Spirent Communications plc

Description

Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as diagnoses, troubleshoots, and resolves issues with production networks and services. The Networks & Security segment develops test methodologies, tools, and services for virtualised networks, cloud, and proactive security validation; and offers Ethernet/IP performance testing solutions, as well as provides navigation satellite system test and simulation solutions while addressing opportunities in the broader positioning, navigation, and timing market. The company was formerly known as Spirent plc and changed its name to Spirent Communications plc in May 2006. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom.

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StockViz Staff

February 5, 2025

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