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

Carter Bankshares' Interest Coverage Ratio history spans 4 years, with the latest figure at 3.85 for Q4 2022.

  • For Q4 2022, Interest Coverage Ratio rose 58.54% year-over-year to 3.85; the TTM value through Dec 2022 reached 4.05, up 57.38%, while the annual FY2025 figure was 1.39, 8.29% up from the prior year.
  • Interest Coverage Ratio reached 3.85 in Q4 2022 per CARE's latest filing, down from 5.22 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 5.22 in Q3 2022 to a low of 5.64 in Q3 2020.
  • Average Interest Coverage Ratio over 4 years is 1.97, with a median of 1.89 recorded in 2019.
  • Peak YoY movement for Interest Coverage Ratio: crashed 438.57% in 2020, then skyrocketed 156.63% in 2021.
  • A 4-year view of Interest Coverage Ratio shows it stood at 1.3 in 2019, then increased 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.
  • Per Business Quant, the three most recent readings for CARE's Interest Coverage Ratio are 3.85 (Q4 2022), 5.22 (Q3 2022), and 3.79 (Q2 2022).