KPIs & Operating Metrics(New)

Synovus Financial (SNV) Interest Coverage Ratio: 2009-2024

Historic Interest Coverage Ratio for Synovus Financial (SNV) over the last 16 years, with Dec 2024 value amounting to 1.42.

  • Synovus Financial's Interest Coverage Ratio fell 14.27% to 2.93 in Q4 2019 from the same period last year, while for Dec 2019 it was 2.68, marking a year-over-year decrease of 29.31%. This contributed to the annual value of 1.42 for FY2024, which is 9.29% down from last year.
  • As of FY2024, Synovus Financial's Interest Coverage Ratio stood at 1.42, which was down 9.29% from 1.56 recorded in FY2023.
  • In the past 5 years, Synovus Financial's Interest Coverage Ratio ranged from a high of 9.22 in FY2021 and a low of 1.42 during FY2024.
  • Over the past 3 years, Synovus Financial's median Interest Coverage Ratio value was 1.56 (recorded in 2023), while the average stood at 2.48.
  • Per our database at Business Quant, Synovus Financial's Interest Coverage Ratio soared by 246.36% in 2021 and then crashed by 64.90% in 2023.
  • Over the past 5 years, Synovus Financial's Interest Coverage Ratio (Yearly) stood at 2.66 in 2020, then spiked by 246.36% to 9.22 in 2021, then slumped by 51.64% to 4.46 in 2022, then crashed by 64.90% to 1.56 in 2023, then declined by 9.29% to 1.42 in 2024.