Carter Bankshares (CARE) Interest Coverage Ratio (2019 - 2022)
Historic Interest Coverage Ratio for Carter Bankshares (CARE) over the last 4 years, with Q4 2022 value amounting to 3.85.
- Carter Bankshares' Interest Coverage Ratio rose 5853.96% to 3.85 in Q4 2022 from the same period last year, while for Dec 2022 it was 4.05, marking a year-over-year increase of 5737.69%. This contributed to the annual value of 1.29 for FY2024, which is 719.12% down from last year.
- Latest data reveals that Carter Bankshares reported Interest Coverage Ratio of 3.85 as of Q4 2022, which was up 5853.96% from 5.22 recorded in Q3 2022.
- In the past 5 years, Carter Bankshares' Interest Coverage Ratio registered a high of 5.22 during Q3 2022, and its lowest value of 5.64 during Q3 2020.
- In the last 4 years, Carter Bankshares' Interest Coverage Ratio had a median value of 1.89 in 2019 and averaged 1.97.
- Per our database at Business Quant, Carter Bankshares' Interest Coverage Ratio tumbled by 43856.71% in 2020 and then soared by 15662.91% in 2021.
- Carter Bankshares' Interest Coverage Ratio (Quarter) stood at 1.3 in 2019, then rose by 8.93% to 1.42 in 2020, then soared by 71.12% to 2.43 in 2021, then skyrocketed by 58.54% to 3.85 in 2022.
- Its last three reported values are 3.85 in Q4 2022, 5.22 for Q3 2022, and 3.79 during Q2 2022.