Newell Brands (NWL) Interest Coverage Ratio: 2009-2023
Historic Interest Coverage Ratio for Newell Brands (NWL) over the last 15 years, with Dec 2023 value amounting to -0.30.
- 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.
- According to the latest figures from FY2023, Newell Brands' Interest Coverage Ratio is -0.30, which was down 122.62% from 1.33 recorded in FY2022.
- In the past 5 years, Newell Brands' Interest Coverage Ratio ranged from a high of 3.96 in FY2021 and a low of -2.30 during FY2020.
- For the 3-year period, Newell Brands' Interest Coverage Ratio averaged around 1.66, with its median value being 1.33 (2022).
- Its Interest Coverage Ratio has fluctuated over the past 5 years, first skyrocketed by 272.37% in 2021, then plummeted by 122.62% in 2023.
- Newell Brands' Interest Coverage Ratio (Yearly) stood at -1.59 in 2019, then plummeted by 44.31% to -2.30 in 2020, then surged by 272.37% to 3.96 in 2021, then plummeted by 66.45% to 1.33 in 2022, then slumped by 122.62% to -0.30 in 2023.