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Right On Brands, Inc. (RTON) Interest Coverage Ratio (2016 - 2023)

Right On Brands' Interest Coverage Ratio history spans 8 years, with the latest figure at 2.68 for Q4 2023.

  • For Q4 2023, Interest Coverage Ratio rose 87.94% year-over-year to 2.68; the TTM value through Dec 2023 reached 2.56, up 80.67%, while the annual FY2023 figure was 13.61, 510.25% down from the prior year.
  • Interest Coverage Ratio for Q4 2023 was 2.68 at Right On Brands, up from 14.63 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 8.88 in Q1 2022 and bottomed at 23.52 in Q3 2022.
  • The 5-year median for Interest Coverage Ratio is 1.68 (2019), against an average of 3.54.
  • The largest annual shift saw Interest Coverage Ratio tumbled 1714.3% in 2020 before it surged 1374.07% in 2022.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.68 in 2019, then tumbled by 126.56% to 3.81 in 2020, then soared by 330.17% to 8.76 in 2021, then plummeted by 353.07% to 22.18 in 2022, then soared by 87.94% to 2.68 in 2023.
  • Per Business Quant, the three most recent readings for RTON's Interest Coverage Ratio are 2.68 (Q4 2023), 14.63 (Q3 2023), and 0.76 (Q2 2023).