Shore Bancshares (SHBI) Interest Coverage Ratio: 2009-2024
Historic Interest Coverage Ratio for Shore Bancshares (SHBI) over the last 16 years, with Dec 2024 value amounting to 1.47.
- Shore Bancshares' Interest Coverage Ratio fell 52.37% to 1.49 in Q4 2023 from the same period last year, while for Dec 2023 it was 1.18, marking a year-over-year decrease of 72.93%. This contributed to the annual value of 1.47 for FY2024, which is 24.61% up from last year.
- According to the latest figures from FY2024, Shore Bancshares' Interest Coverage Ratio is 1.47, which was up 24.61% from 1.18 recorded in FY2023.
- Shore Bancshares' 5-year Interest Coverage Ratio high stood at 4.51 for FY2021, and its period low was -4.16 during FY2020.
- Moreover, its 3-year median value for Interest Coverage Ratio was 1.47 (2024), whereas its average is 2.34.
- As far as peak fluctuations go, Shore Bancshares' Interest Coverage Ratio crashed by 227.10% in 2020, and later spiked by 208.38% in 2021.
- Yearly analysis of 5 years shows Shore Bancshares' Interest Coverage Ratio stood at -4.16 in 2020, then skyrocketed by 208.38% to 4.51 in 2021, then declined by 3.27% to 4.36 in 2022, then tumbled by 72.93% to 1.18 in 2023, then grew by 24.61% to 1.47 in 2024.