Norwood Financial (NWFL) Interest Coverage Ratio: 2017-2024
Historic Interest Coverage Ratio for Norwood Financial (NWFL) over the last 8 years, with Sep 2024 value amounting to 1.39.
- Norwood Financial's Interest Coverage Ratio fell 10.44% to 1.39 in Q3 2024 from the same period last year, while for Sep 2024 it was 1.34, marking a year-over-year decrease of 37.35%. This contributed to the annual value of 1.63 for FY2023, which is 72.83% down from last year.
- Latest data reveals that Norwood Financial reported Interest Coverage Ratio of 1.39 as of Q3 2024, which was down 2.31% from 1.42 recorded in Q2 2024.
- Norwood Financial's 5-year Interest Coverage Ratio high stood at 8.21 for Q1 2022, and its period low was 1.04 during Q4 2023.
- In the last 3 years, Norwood Financial's Interest Coverage Ratio had a median value of 2.08 in 2023 and averaged 3.50.
- Per our database at Business Quant, Norwood Financial's Interest Coverage Ratio soared by 206.43% in 2021 and then tumbled by 78.33% in 2023.
- Norwood Financial's Interest Coverage Ratio (Quarterly) stood at 4.73 in 2020, then spiked by 46.24% to 6.91 in 2021, then crashed by 46.28% to 3.71 in 2022, then crashed by 71.95% to 1.04 in 2023, then dropped by 10.44% to 1.39 in 2024.
- Its Interest Coverage Ratio was 1.39 in Q3 2024, compared to 1.42 in Q2 2024 and 1.46 in Q1 2024.