Newell Brands (NWL) Interest Coverage Ratio (2009 - 2024)

Newell Brands has reported Interest Coverage Ratio for 16 years, with the latest figure at 0.23 in Q1 2024.

• For the quarter ending Q1 2024, Interest Coverage Ratio rose 143.17% year-over-year to 0.23; the trailing twelve-month figure through Dec 2024 stood at 0.96 (up 418.67% YoY), and the FY2023 full-year result was 0.3, down 122.62% from the prior year.
• Interest Coverage Ratio for Q1 2024 stood at 0.23, up from 0.14 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 5.96 in Q2 2022, with the low at 22.35 in Q1 2020.
• Historically, Interest Coverage Ratio has averaged 0.55 across 5 years, with a median of 2.3 in 2020.
• The largest YoY upside for Interest Coverage Ratio was 144.74% in 2020 against a maximum downside of 14999.47% in 2020.
• Newell Brands' Interest Coverage Ratio stood at 3.67 in 2020, then dropped by 21.42% to 2.88 in 2021, then plunged by 248.04% to 4.27 in 2022, then jumped by 96.65% to 0.14 in 2023, then surged by 260.0% to 0.23 in 2024.
• The last three Interest Coverage Ratio figures came in at 0.23 (Q1 2024), 0.14 (Q4 2023), and 2.3 (Q3 2023), per Business Quant data.