KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Merchants (FRME) Interest Coverage Ratio (2016 - 2025)

Historic Interest Coverage Ratio for First Merchants (FRME) over the last 10 years, with Q3 2025 value amounting to 0.88.

  • First Merchants' Interest Coverage Ratio fell 1066.65% to 0.88 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.9, marking a year-over-year decrease of 704.08%. This contributed to the annual value of 0.83 for FY2024, which is 2114.49% up from last year.
  • As of Q3 2025, First Merchants' Interest Coverage Ratio stood at 0.88, which was down 1066.65% from 0.9 recorded in Q2 2025.
  • In the past 5 years, First Merchants' Interest Coverage Ratio registered a high of 0.78 during Q2 2024, and its lowest value of 9.05 during Q1 2022.
  • Its 5-year average for Interest Coverage Ratio is 3.23, with a median of 1.03 in 2023.
  • Its Interest Coverage Ratio has fluctuated over the past 5 years, first crashed by 17248.83% in 2021, then soared by 8589.96% in 2023.
  • Quarter analysis of 5 years shows First Merchants' Interest Coverage Ratio stood at 7.71 in 2021, then soared by 73.64% to 2.03 in 2022, then surged by 52.55% to 0.96 in 2023, then grew by 6.66% to 0.9 in 2024, then rose by 1.63% to 0.88 in 2025.
  • Its Interest Coverage Ratio was 0.88 in Q3 2025, compared to 0.9 in Q2 2025 and 0.93 in Q1 2025.