Reed'S, Inc. (REED) Times Interest Earned (2010 - 2024)
Reed'S's (REED) quarterly Times Interest Earned came in at -$1.3 in Q3 2024, down 1079.78% YoY from $0.13 in Q4 2023, and down 323.81% on a QoQ basis from -$0.31 in Q2 2024.
Reed'S, Inc. (REED) Times Interest Earned (2010 - 2024) Analysis & Trends
Reed'S (REED) has 14 years of Times Interest Earned data on file, last reported at -$1.3 in Q3 2024.
- Quarterly Times Interest Earned fell 1079.78% year-over-year to -$1.3 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was -$7.19 (down 272.07% YoY) and the FY2023 annual result came in at -$1.54, up 45.7% from the prior year.
- Times Interest Earned fell to -$1.3 in Q3 2024, from -$0.31 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of $14.6 in Q4 2022 to a low of -$6.7 in Q1 2020.
- A 4-year average of -$0.72 and a median of -$1.3 in 2024 frame the typical range for Times Interest Earned.
- Annual changes were most pronounced in 2023 — Times Interest Earned jumped 94.79% — and 2024, when it sank 1079.78%.
- Tracing REED's Times Interest Earned over 4 years: stood at -$2.44 in 2020, then surged by 698.73% to $14.6 in 2022, then plunged by 90.07% to $1.45 in 2023, then plunged by 189.98% to -$1.3 in 2024.
- The last three Times Interest Earned figures came in at -$1.3 (Q3 2024), -$0.31 (Q2 2024), and -$0.64 (Q1 2024), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -1.30 |
| Jun 30, 2024 | -0.31 |
| Mar 31, 2024 | -0.64 |
| Dec 31, 2023 | 1.45 |
| Sep 30, 2023 | -0.11 |
| Jun 30, 2023 | -1.26 |
| Mar 31, 2023 | -1.45 |
| Dec 31, 2022 | 14.60 |
| Sep 30, 2022 | -2.12 |
| Jun 30, 2022 | -3.83 |
| Mar 31, 2022 | -5.22 |
| Jun 30, 2020 | -2.44 |
| Mar 31, 2020 | -6.70 |
| Dec 31, 2019 | -38.79 |
| Sep 30, 2019 | -13.77 |
| Jun 30, 2019 | -0.59 |
| Mar 31, 2019 | -0.85 |
| Dec 31, 2018 | -3.18 |
| Sep 30, 2018 | -0.50 |
| Jun 30, 2018 | -1.15 |