Growth Metrics

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

Newell Brands (NWL) has disclosed Interest Coverage Ratio for 16 consecutive years, with 0.23 as the latest value for Q1 2024.

  • For the quarter ending Q1 2024, Interest Coverage Ratio rose 143.17% year-over-year to 0.23, compared with a TTM value of 0.96 through Dec 2024, up 418.67%, and an annual FY2023 reading of 0.3, down 122.62% over the prior year.
  • Interest Coverage Ratio was 0.23 for Q1 2024 at Newell Brands, up from 0.14 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 5.96 in Q2 2022 and bottomed at 22.35 in Q1 2020.
  • Average Interest Coverage Ratio over 5 years is 0.55, with a median of 2.3 recorded in 2020.
  • Peak annual rise in Interest Coverage Ratio hit 287.77% in 2020, while the deepest fall reached 14999.47% in 2020.
  • Year by year, Interest Coverage Ratio stood at 3.67 in 2020, then fell by 21.42% to 2.88 in 2021, then tumbled 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.
  • Business Quant data shows Interest Coverage Ratio for NWL at 0.23 in Q1 2024, 0.14 in Q4 2023, and 2.3 in Q3 2023.