Growth Metrics

Textron (TXT) Interest Coverage Ratio (2016 - 2022)

Textron (TXT) has disclosed Interest Coverage Ratio for 14 consecutive years, with 0.06 as the latest value for Q4 2022.

  • For Q4 2022, Interest Coverage Ratio rose 96.72% year-over-year to 0.06; the TTM value through Jul 2023 reached 3.84, down 173.41%, while the annual FY2022 figure was 2.45, 46.68% up from the prior year.
  • Interest Coverage Ratio hit 0.06 in Q4 2022 for Textron, up from 0.5 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 25.42 in Q1 2022 and bottomed at 107.45 in Q1 2020.
  • Average Interest Coverage Ratio over 5 years is 36.76, with a median of 52.57 recorded in 2018.
  • Year-over-year, Interest Coverage Ratio plummeted 30.71% in 2018 and then soared 96.72% in 2022.
  • Textron's Interest Coverage Ratio stood at 90.98 in 2018, then skyrocketed by 30.63% to 63.11 in 2019, then soared by 94.77% to 3.3 in 2020, then surged by 40.35% to 1.97 in 2021, then skyrocketed by 96.72% to 0.06 in 2022.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 0.06, 0.5, and 2.21 for Q4 2022, Q3 2022, and Q2 2022 respectively.