Growth Metrics

Avanos Medical (AVNS) Interest Coverage Ratio (2016 - 2024)

Historic Interest Coverage Ratio for Avanos Medical (AVNS) over the last 12 years, with Q3 2024 value amounting to 3.75.

  • Avanos Medical's Interest Coverage Ratio rose 136875.0% to 3.75 in Q3 2024 from the same period last year, while for Sep 2024 it was 2.64, marking a year-over-year increase of 30391.24%. This contributed to the annual value of 0.28 for FY2023, which is 9211.27% down from last year.
  • Per Avanos Medical's latest filing, its Interest Coverage Ratio stood at 3.75 for Q3 2024, which was up 136875.0% from 2.03 recorded in Q2 2024.
  • In the past 5 years, Avanos Medical's Interest Coverage Ratio ranged from a high of 6.62 in Q1 2022 and a low of 32.0 during Q4 2021
  • Moreover, its 5-year median value for Interest Coverage Ratio was 0.26 (2023), whereas its average is 2.16.
  • Examining YoY changes over the last 5 years, Avanos Medical's Interest Coverage Ratio showed a top increase of 1634444.44% in 2021 and a maximum decrease of 1120833.33% in 2021.
  • Quarter analysis of 5 years shows Avanos Medical's Interest Coverage Ratio stood at 17.48 in 2020, then tumbled by 83.05% to 32.0 in 2021, then soared by 117.29% to 5.53 in 2022, then tumbled by 38.66% to 3.39 in 2023, then increased by 10.49% to 3.75 in 2024.
  • Its Interest Coverage Ratio was 3.75 in Q3 2024, compared to 2.03 in Q2 2024 and 1.29 in Q1 2024.