Avient (AVNT) Interest Coverage Ratio (2010 - 2016)
Avient's (AVNT) quarterly Interest Coverage Ratio came in at 4.82 in Q1 2016, up 10.75% year-over-year from 4.35 in Q2 2015, and up 138.79% quarter-over-quarter from 2.02 in Q4 2015.
Analysis
Avient (AVNT) Interest Coverage Ratio (2010 - 2016) Analysis & Trends
Avient (AVNT) has reported Interest Coverage Ratio for 7 consecutive years, with 4.82 the latest figure, recorded in Q1 2016.
- On a quarterly basis, Interest Coverage Ratio rose 10.75% year-over-year to 4.82 in Q1 2016; TTM through Mar 2016 was 4.02, a 49.53% increase from a year earlier, with the FY2017 full-year figure at 2.85, down 36.51% from the prior year.
- Interest Coverage Ratio was 4.82 for Q1 2016 at Avient, up from 2.02 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 4.96 in Q2 2015 and troughed at 0.92 in Q4 2014.
- A 5-year average of 3.29 and a median of 3.51 in 2012 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio tumbled 128.8% in 2014 and jumped 320.29% in 2015, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 0.97 in 2012, then jumped by 227.87% to 3.18 in 2013, then plunged by 128.8% to 0.92 in 2014, then jumped by 320.29% to 2.02 in 2015, then surged by 138.79% to 4.82 in 2016.
- The last three Interest Coverage Ratio figures came in at 4.82 (Q1 2016), 2.02 (Q4 2015), and 4.27 (Q3 2015), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 142.25 Bn | 139.74 Bn | 1.63 Bn | 7.43 |
| 2 | Ati | 27.19 Bn | 26.41 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 25.98 Bn | 25.01 Bn | 666.00 Mn | 6.03 |
| 4 | International Flavors & Fragrances | 21.40 Bn | 20.83 Bn | 853.00 Mn | 3.43 |
| 5 | DuPont de Nemours | 17.26 Bn | 15.52 Bn | 639.00 Mn | 8.00 |
| 6 | Avery Dennison | 12.89 Bn | 12.66 Bn | 729.40 Mn | 9.32 |
| 7 | Solstice Advanced Materials | 9.79 Bn | 9.04 Bn | 370.00 Mn | 9.65 |
| 8 | Element Solutions | 8.28 Bn | 8.09 Bn | 334.00 Mn | - |
| 9 | Eastman Chemical | 7.76 Bn | 7.07 Bn | 560.00 Mn | - |
| 10 | Avient | 3.78 Bn | 3.36 Bn | 307.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2016 | 4.82 |
| Dec 31, 2015 | 2.02 |
| Sep 30, 2015 | 4.27 |
| Jun 30, 2015 | 4.96 |
| Mar 31, 2015 | 4.35 |
| Dec 31, 2014 | -0.92 |
| Sep 30, 2014 | 4.13 |
| Jun 30, 2014 | 3.15 |
| Mar 31, 2014 | 3.64 |
| Dec 31, 2013 | 3.18 |
| Sep 30, 2013 | 3.85 |
| Jun 30, 2013 | 4.86 |
| Mar 31, 2013 | 2.60 |
| Dec 31, 2012 | 0.97 |
| Sep 30, 2012 | 3.51 |
| Jun 30, 2012 | 3.49 |
| Mar 31, 2012 | 3.04 |
| Dec 31, 2011 | -4.68 |
| Sep 30, 2011 | 5.12 |
| Jun 30, 2011 | 6.01 |