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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Trinet (TNET) Interest Coverage Ratio (2016 - 2023)

Trinet (TNET) has disclosed Interest Coverage Ratio for 11 consecutive years, with 24.14 as the latest value for Q1 2023.

  • For Q1 2023, Interest Coverage Ratio fell 40.83% year-over-year to 24.14; the TTM value through Dec 2023 reached 67.0, up 410.22%, while the annual FY2022 figure was 12.79, 43.76% down from the prior year.
  • Interest Coverage Ratio hit 24.14 in Q1 2023 for Trinet, up from 9.33 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 43.25 in Q2 2020 and bottomed at 5.45 in Q3 2022.
  • Average Interest Coverage Ratio over 5 years is 19.53, with a median of 18.2 recorded in 2021.
  • Year-over-year, Interest Coverage Ratio surged 371.82% in 2020 and then plummeted 74.03% in 2022.
  • Trinet's Interest Coverage Ratio stood at 15.75 in 2019, then plummeted by 61.9% to 6.0 in 2020, then soared by 203.33% to 18.2 in 2021, then plummeted by 48.72% to 9.33 in 2022, then surged by 158.67% to 24.14 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 24.14, 9.33, and 5.45 for Q1 2023, Q4 2022, and Q3 2022 respectively.