Comerica (CMA) Interest Coverage Ratio: 2009-2024
Historic Interest Coverage Ratio for Comerica (CMA) over the last 16 years, with Dec 2024 value amounting to 1.51.
- Comerica's Interest Coverage Ratio rose 167.57% to 15.30 in Q4 2020 from the same period last year, while for Dec 2020 it was 4.41, marking a year-over-year increase of 292.98%. This contributed to the annual value of 1.51 for FY2024, which is 10.72% down from last year.
- Latest data reveals that Comerica reported Interest Coverage Ratio of 1.51 as of FY2024, which was down 10.72% from 1.69 recorded in FY2023.
- Over the past 5 years, Comerica's Interest Coverage Ratio peaked at 27.14 during FY2021, and registered a low of 1.51 during FY2024.
- Moreover, its 3-year median value for Interest Coverage Ratio was 1.69 (2023), whereas its average is 3.79.
- Per our database at Business Quant, Comerica's Interest Coverage Ratio soared by 515.14% in 2021 and then slumped by 79.32% in 2023.
- Over the past 5 years, Comerica's Interest Coverage Ratio (Yearly) stood at 4.41 in 2020, then skyrocketed by 515.14% to 27.14 in 2021, then plummeted by 69.92% to 8.17 in 2022, then crashed by 79.32% to 1.69 in 2023, then fell by 10.72% to 1.51 in 2024.