Bantec (BANT) Interest Coverage Ratio (2016 - 2024)
Bantec (BANT) has disclosed Interest Coverage Ratio for 8 consecutive years, with 1.96 as the latest value for Q2 2024.
- Quarterly Interest Coverage Ratio fell 129.32% to 1.96 in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 1.34 through Jun 2024, down 5.37% year-over-year, with the annual reading at 1.07 for FY2023, 97.34% up from the prior year.
- Interest Coverage Ratio hit 1.96 in Q2 2024 for Bantec, down from 0.78 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.7 in Q2 2020 to a low of 8.75 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 1.98 across 4 years, with a median of 1.17 in 2020.
- Biggest five-year swings in Interest Coverage Ratio: skyrocketed 83.64% in 2020 and later tumbled 129.32% in 2024.
- Year by year, Interest Coverage Ratio stood at 0.7 in 2020, then tumbled by 64.7% to 1.16 in 2022, then tumbled by 56.95% to 1.82 in 2023, then fell by 8.15% to 1.96 in 2024.
- Business Quant data shows Interest Coverage Ratio for BANT at 1.96 in Q2 2024, 0.78 in Q1 2024, and 1.82 in Q4 2023.