Newell Brands (NWL) Interest Coverage Ratio (2009 - 2024)
Newell Brands' (NWL) Interest Coverage Ratio stood at 0.23 in Q1 2024, compared with -0.53 a year earlier.
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Analysis
Newell Brands (NWL) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
On a TTM basis, Newell Brands' Interest Coverage Ratio came in at -0.12 as of Mar 31, 2024; for FY2023, it came in at -0.30.
- Across earlier years, Interest Coverage Ratio came in at 1.33 in FY2022 (-66.4%), 3.96 in FY2021, -2.30 in FY2020 and -1.59 in FY2019.
- Quarterly Interest Coverage Ratio has ranged from -22.35 in Q1 2020 to 5.96 in Q2 2022 over the past five years.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 325.3% in Q2 2019, against a decline of 85.6% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.14 (Q4 2023), -2.30 (Q3 2023) and 1.58 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.70 Bn | 23.37 Bn | 860.34 Mn | - |
| 2 | Somnigroup International | 13.10 Bn | 12.64 Bn | 817.20 Mn | 3.42 |
| 3 | Hni | 3.37 Bn | 2.94 Bn | 647.20 Mn | - |
| 4 | Newell Brands | 2.27 Bn | 1.42 Bn | 812.00 Mn | - |
| 5 | Sonos | 2.11 Bn | 1.01 Bn | 189.31 Mn | 286.67 |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 2.59 |
| 7 | Corsair Gaming | 1.46 Bn | 999.46 Mn | 104.29 Mn | 4.54 |
| 8 | Millerknoll | 1.37 Bn | 735.34 Mn | 385.30 Mn | 3.20 |
| 9 | Cricut | 1.34 Bn | 317.37 Mn | 116.41 Mn | 592.73 |
| 10 | Arhaus | 1.34 Bn | 419.18 Mn | 172.07 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | -0.14 |
| Sep 30, 2023 | -2.30 |
| Jun 30, 2023 | 1.58 |
| Mar 31, 2023 | -0.53 |
| Dec 31, 2022 | -4.27 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | 5.96 |
| Mar 31, 2022 | 3.68 |
| Dec 31, 2021 | 2.88 |
| Sep 30, 2021 | 4.86 |
| Jun 30, 2021 | 5.06 |
| Mar 31, 2021 | 2.96 |
| Dec 31, 2020 | 3.67 |
| Sep 30, 2020 | 5.11 |
| Jun 30, 2020 | 2.30 |
| Mar 31, 2020 | -22.35 |
| Dec 31, 2019 | 1.89 |
| Sep 30, 2019 | -11.43 |
| Jun 30, 2019 | 2.96 |
API Access
Newell Brands Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NWL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();