Growth Metrics

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

Newell Brands' Interest Coverage Ratio history spans 16 years, with the latest figure at 0.23 for Q1 2024.

  • For Q1 2024, Interest Coverage Ratio rose 143.17% year-over-year to 0.23; the TTM value through Dec 2024 reached 0.96, up 418.67%, while the annual FY2023 figure was 0.3, 122.62% down from the prior year.
  • Interest Coverage Ratio reached 0.23 in Q1 2024 per NWL's latest filing, up from 0.14 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 5.96 in Q2 2022 to a low of 22.35 in Q1 2020.
  • Average Interest Coverage Ratio over 5 years is 0.55, with a median of 2.3 recorded in 2020.
  • The largest YoY upside for Interest Coverage Ratio was 144.74% in 2020 against a maximum downside of 14999.47% in 2020.
  • A 5-year view of Interest Coverage Ratio shows it 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.
  • Per Business Quant, the three most recent readings for NWL's Interest Coverage Ratio are 0.23 (Q1 2024), 0.14 (Q4 2023), and 2.3 (Q3 2023).