Primis Financial (FRST) Interest Coverage Ratio (2019 - 2022)

Primis Financial (FRST) has disclosed Interest Coverage Ratio for 4 consecutive years, with 1.19 as the latest value for Q4 2022.

  • Quarterly Interest Coverage Ratio fell 63.84% to 1.19 in Q4 2022 from the year-ago period, while the trailing twelve-month figure was 1.8 through Dec 2022, down 41.43% year-over-year, with the annual reading at 0.17 for FY2025, 401.01% up from the prior year.
  • Interest Coverage Ratio for Q4 2022 was 1.19 at Primis Financial, down from 1.75 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 3.33 in Q2 2021, with the low at 1.0 in Q1 2020.
  • Average Interest Coverage Ratio over 4 years is 2.31, with a median of 2.31 recorded in 2019.
  • The sharpest move saw Interest Coverage Ratio surged 197.78% in 2021, then plummeted 63.84% in 2022.
  • Over 4 years, Interest Coverage Ratio stood at 2.18 in 2019, then surged by 33.6% to 2.91 in 2020, then increased by 13.08% to 3.29 in 2021, then plummeted by 63.84% to 1.19 in 2022.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 1.19, 1.75, and 2.62 for Q4 2022, Q3 2022, and Q2 2022 respectively.