Hanover Bancorp (HNVR) Interest Coverage Ratio: 2020-2024
Historic Interest Coverage Ratio for Hanover Bancorp (HNVR) over the last 5 years, with Dec 2024 value amounting to 0.04.
- Hanover Bancorp's Interest Coverage Ratio rose 3.53% to 1.26 in Q3 2025 from the same period last year, while for Sep 2025 it was 1.21, marking a year-over-year increase of 31.06%. This contributed to the annual value of 0.04 for FY2024, which is N/A change from last year.
- Hanover Bancorp's Interest Coverage Ratio amounted to 0.04 in FY2024, which was down 48.69% from 0.08 recorded in FY2023.
- Hanover Bancorp's 5-year Interest Coverage Ratio high stood at 0.89 for FY2022, and its period low was 0.04 during FY2024.
- Over the past 3 years, Hanover Bancorp's median Interest Coverage Ratio value was 0.08 (recorded in 2023), while the average stood at 0.34.
- Per our database at Business Quant, Hanover Bancorp's Interest Coverage Ratio surged by 322.30% in 2021 and then tumbled by 90.60% in 2023.
- Over the past 5 years, Hanover Bancorp's Interest Coverage Ratio (Yearly) stood at 0.10 in 2020, then soared by 322.30% to 0.42 in 2021, then surged by 110.72% to 0.89 in 2022, then slumped by 90.60% to 0.08 in 2023, then reached 0.04 in 2024.