CNFinance Holdings (CNF) Interest Coverage Ratio (2017 - 2023)

CNFinance Holdings has reported Interest Coverage Ratio for 7 years, with the latest figure at 0.52 in Q4 2023.

• For the quarter ending Q4 2023, Interest Coverage Ratio rose 23.55% year-over-year to 0.52; the trailing twelve-month figure through Dec 2023 stood at 0.53 (up 21.89% YoY), and the FY2023 full-year result was 0.53, up 22.24% from the prior year.
• Interest Coverage Ratio for Q4 2023 stood at 0.52, down from 0.63 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 0.71 in Q4 2020, with the low at 0.32 in Q2 2019.
• Historically, Interest Coverage Ratio has averaged 0.5 across 5 years, with a median of 0.5 in 2020.
• Annual changes were most pronounced in 2020 — Interest Coverage Ratio jumped 91.21% — and 2022, when it tumbled 34.12%.
• CNFinance Holdings' Interest Coverage Ratio stood at 0.69 in 2019, then advanced by 2.57% to 0.71 in 2020, then declined by 26.68% to 0.52 in 2021, then declined by 19.24% to 0.42 in 2022, then increased by 23.55% to 0.52 in 2023.
• The last three Interest Coverage Ratio figures came in at 0.52 (Q4 2023), 0.63 (Q3 2023), and 0.54 (Q2 2023), per Business Quant data.