Norwood Financial (NWFL) Interest Coverage Ratio: 2009-2023
Historic Interest Coverage Ratio for Norwood Financial (NWFL) over the last 15 years, with Dec 2023 value amounting to 1.63.
- 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.
- Norwood Financial's Interest Coverage Ratio amounted to 1.63 in FY2023, which was down 72.83% from 6.01 recorded in FY2022.
- Over the past 5 years, Norwood Financial's Interest Coverage Ratio peaked at 6.36 during FY2021, and registered a low of 1.63 during FY2023.
- Its 3-year average for Interest Coverage Ratio is 4.67, with a median of 6.01 in 2022.
- Its Interest Coverage Ratio has fluctuated over the past 5 years, first skyrocketed by 92.64% in 2021, then tumbled by 72.83% in 2023.
- Yearly analysis of 5 years shows Norwood Financial's Interest Coverage Ratio stood at 2.94 in 2019, then grew by 12.36% to 3.30 in 2020, then spiked by 92.64% to 6.36 in 2021, then declined by 5.58% to 6.01 in 2022, then slumped by 72.83% to 1.63 in 2023.