Growth Metrics

Newell Brands (NWL) Interest Coverage Ratio (2016 - 2024)

Historic Interest Coverage Ratio for Newell Brands (NWL) over the last 16 years, with Q1 2024 value amounting to 0.23.

  • Newell Brands' Interest Coverage Ratio rose 14317.46% to 0.23 in Q1 2024 from the same period last year, while for Dec 2024 it was 0.96, marking a year-over-year increase of 41867.23%. This contributed to the annual value of 0.3 for FY2023, which is 12262.28% down from last year.
  • Per Newell Brands' latest filing, its Interest Coverage Ratio stood at 0.23 for Q1 2024, which was up 14317.46% from 0.14 recorded in Q4 2023.
  • Newell Brands' Interest Coverage Ratio's 5-year high stood at 5.96 during Q2 2022, with a 5-year trough of 22.35 in Q1 2020.
  • Moreover, its 5-year median value for Interest Coverage Ratio was 2.3 (2020), whereas its average is 0.55.
  • Data for Newell Brands' Interest Coverage Ratio shows a peak YoY increase of 14474.34% (in 2020) and a maximum YoY decrease of 1499947.09% (in 2020) over the last 5 years.
  • Quarter analysis of 5 years shows Newell Brands' Interest Coverage Ratio stood at 3.67 in 2020, then dropped by 21.42% to 2.88 in 2021, then plummeted by 248.04% to 4.27 in 2022, then soared by 96.65% to 0.14 in 2023, then skyrocketed by 260.0% to 0.23 in 2024.
  • Its Interest Coverage Ratio was 0.23 in Q1 2024, compared to 0.14 in Q4 2023 and 2.3 in Q3 2023.