Growth Metrics

Forte Biosciences (FBRX) Interest Coverage Ratio (2016 - 2020)

Forte Biosciences (FBRX) has disclosed Interest Coverage Ratio for 5 consecutive years, with 2.68 as the latest value for Q1 2020.

  • Quarterly Interest Coverage Ratio rose 88.02% to 2.68 in Q1 2020 from the year-ago period, while the trailing twelve-month figure was 61.22 through Dec 2020, down 1084.53% year-over-year, with the annual reading at 1.06 for FY2019, 93.2% up from the prior year.
  • Interest Coverage Ratio for Q1 2020 was 2.68 at Forte Biosciences, up from 4.74 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 1.92 in Q3 2018, with the low at 36.81 in Q1 2018.
  • Average Interest Coverage Ratio over 5 years is 14.62, with a median of 15.04 recorded in 2016.
  • Peak annual rise in Interest Coverage Ratio hit 108.49% in 2018, while the deepest fall reached 165.1% in 2018.
  • Over 5 years, Interest Coverage Ratio stood at 14.96 in 2016, then plummeted by 82.72% to 27.33 in 2017, then grew by 6.29% to 25.61 in 2018, then skyrocketed by 81.5% to 4.74 in 2019, then skyrocketed by 43.43% to 2.68 in 2020.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 2.68, 4.74, and 0.35 for Q1 2020, Q4 2019, and Q3 2019 respectively.