Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Carter Bankshares (CARE) Interest Coverage Ratio: 2019-2022

Historic Interest Coverage Ratio for Carter Bankshares (CARE) over the last 4 years, with Dec 2022 value amounting to 3.85.

  • Carter Bankshares' Interest Coverage Ratio rose 58.54% 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 57.38%. This contributed to the annual value of 1.29 for FY2024, which is 7.19% down from last year.
  • As of Q4 2022, Carter Bankshares' Interest Coverage Ratio stood at 3.85, which was down 26.23% from 5.22 recorded in Q3 2022.
  • In the past 5 years, Carter Bankshares' Interest Coverage Ratio ranged from a high of 5.22 in Q3 2022 and a low of -5.64 during Q3 2020.
  • Its 3-year average for Interest Coverage Ratio is 2.10, with a median of 2.52 in 2021.
  • Its Interest Coverage Ratio has fluctuated over the past 5 years, first slumped by 438.57% in 2020, then surged by 156.63% in 2021.
  • Carter Bankshares' Interest Coverage Ratio (Quarterly) stood at 1.30 in 2019, then climbed by 8.93% to 1.42 in 2020, then skyrocketed 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.