NewtekOne (NEWT) Interest Coverage Ratio (2021 - 2023)
NewtekOne (NEWT) has disclosed Interest Coverage Ratio for 3 consecutive years, with 1.82 as the latest value for Q4 2023.
- Quarterly Interest Coverage Ratio rose 400.57% to 1.82 in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 1.67 through Dec 2023, up 51.64% year-over-year, with the annual reading at 1.81 for FY2025, 1.9% down from the prior year.
- Interest Coverage Ratio for Q4 2023 was 1.82 at NewtekOne, up from 1.77 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 100.95 in Q1 2022, with the low at 1.29 in Q3 2021.
- Average Interest Coverage Ratio over 3 years is 10.92, with a median of 1.52 recorded in 2023.
- The sharpest move saw Interest Coverage Ratio tumbled 295.13% in 2022, then surged 5866.74% in 2023.
- Over 3 years, Interest Coverage Ratio stood at 0.31 in 2021, then crashed by 295.13% to 0.61 in 2022, then surged by 400.57% to 1.82 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 1.82, 1.77, and 1.57 for Q4 2023, Q3 2023, and Q2 2023 respectively.