Trinet (TNET) Interest Coverage Ratio (2013 - 2023)

Trinet's Interest Coverage Ratio history runs 11 years deep, the most recent figure standing at 24.14 for Q1 2023.

• In Q1 2023, Interest Coverage Ratio fell 40.83% year-over-year to 24.14; the TTM figure through Dec 2023 stood at 67.0 (up 410.22% YoY), while the FY2022 annual figure was 12.79, down 43.76% from the prior year.
• Interest Coverage Ratio was 24.14 for Q1 2023 at Trinet, up from 9.33 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 43.25 in Q2 2020 to a low of 5.45 in Q3 2022.
• Historically, Interest Coverage Ratio has averaged 19.53 across 5 years, with a median of 18.2 in 2021.
• The sharpest annual moves came in 2020 and 2022: Interest Coverage Ratio jumped 371.82% in 2020, then sank 74.03% in 2022.
• A 5-year view of Interest Coverage Ratio shows it stood at 15.75 in 2019, then sank by 61.9% to 6.0 in 2020, then surged by 203.33% to 18.2 in 2021, then sank by 48.72% to 9.33 in 2022, then jumped by 158.67% to 24.14 in 2023.
• The last three Interest Coverage Ratio figures came in at 24.14 (Q1 2023), 9.33 (Q4 2022), and 5.45 (Q3 2022), per Business Quant data.