KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalMarket CapitalizationNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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

Historic Interest Coverage Ratio for Newell Brands (NWL) over the last 15 years, with Mar 2024 value amounting to 0.23.

  • Newell Brands' Interest Coverage Ratio rose 143.17% to 0.23 in Q1 2024 from the same period last year, while for Mar 2024 it was -0.12, marking a year-over-year decrease of 147.89%. This contributed to the annual value of -0.30 for FY2023, which is 122.62% down from last year.
  • Latest data reveals that Newell Brands reported Interest Coverage Ratio of 0.23 as of Q1 2024, which was up 260.00% from -0.14 recorded in Q4 2023.
  • In the past 5 years, Newell Brands' Interest Coverage Ratio registered a high of 5.96 during Q2 2022, and its lowest value of -22.35 during Q1 2020.
  • Moreover, its 3-year median value for Interest Coverage Ratio was 0.23 (2024), whereas its average is 0.55.
  • Within the past 5 years, the most significant YoY rise in Newell Brands' Interest Coverage Ratio was 144.74% (2020), while the steepest drop was 14,999.47% (2020).
  • Over the past 5 years, Newell Brands' Interest Coverage Ratio (Quarterly) stood at 3.67 in 2020, then decreased by 21.42% to 2.88 in 2021, then slumped by 248.04% to -4.27 in 2022, then soared by 96.65% to -0.14 in 2023, then spiked by 143.17% to 0.23 in 2024.
  • Its Interest Coverage Ratio was 0.23 in Q1 2024, compared to -0.14 in Q4 2023 and -2.30 in Q3 2023.