NewtekOne (NEWT) Interest Coverage Ratio: 2020-2024

Historic Interest Coverage Ratio for NewtekOne (NEWT) over the last 5 years, with Dec 2024 value amounting to 1.85.

  • 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.
  • Latest data reveals that NewtekOne reported Interest Coverage Ratio of 1.85 as of FY2024, which was up 10.60% from 1.67 recorded in FY2023.
  • In the past 5 years, NewtekOne's Interest Coverage Ratio ranged from a high of 1.85 in FY2024 and a low of -0.25 during FY2022.
  • Over the past 3 years, NewtekOne's median Interest Coverage Ratio value was 1.67 (recorded in 2023), while the average stood at 1.09.
  • Per our database at Business Quant, NewtekOne's Interest Coverage Ratio slumped by 119.65% in 2022 and then surged by 778.78% in 2023.
  • NewtekOne's Interest Coverage Ratio (Yearly) stood at 1.79 in 2020, then slumped by 30.02% to 1.25 in 2021, then crashed by 119.65% to -0.25 in 2022, then skyrocketed by 778.78% to 1.67 in 2023, then rose by 10.60% to 1.85 in 2024.