NewtekOne (NEWT) Interest Coverage Ratio: 2021-2023

Historic Interest Coverage Ratio for NewtekOne (NEWT) over the last 2 years, with Dec 2023 value amounting to 1.82.

  • NewtekOne's Interest Coverage Ratio rose 400.57% to 1.82 in Q4 2023 from the same period last year, while for Dec 2023 it was 1.67, marking a year-over-year increase of 54.09%. This contributed to the annual value of 1.85 for FY2024, which is 10.60% up from last year.
  • NewtekOne's Interest Coverage Ratio amounted to 1.82 in Q4 2023, which was up 2.98% from 1.77 recorded in Q3 2023.
  • In the past 5 years, NewtekOne's Interest Coverage Ratio registered a high of 3.27 during Q1 2022, and its lowest value of -1.29 during Q3 2021.
  • For the 3-year period, NewtekOne's Interest Coverage Ratio averaged around 1.15, with its median value being 1.52 (2023).
  • In the last 5 years, NewtekOne's Interest Coverage Ratio crashed by 295.13% in 2022 and then soared by 5,866.74% in 2023.
  • Quarterly analysis of 3 years shows NewtekOne's Interest Coverage Ratio stood at 0.31 in 2021, then plummeted by 295.13% to -0.61 in 2022, then surged by 400.57% to 1.82 in 2023.
  • Its last three reported values are 1.82 in Q4 2023, 1.77 for Q3 2023, and 1.57 during Q2 2023.