Textron (TXT) Interest Coverage Ratio (2009 - 2022)
Textron (TXT) recorded quarterly Interest Coverage Ratio of 0.06 in Q4 2022, up 87.1% quarter-over-quarter from 0.5 in Q3 2022, and up 96.72% on a YoY basis from 0.03 in Q4 2021.
Textron (TXT) Interest Coverage Ratio (2009 - 2022) Analysis & Trends
Textron's Interest Coverage Ratio history runs 14 years deep, the most recent figure standing at 0.06 for Q4 2022.
- In Q4 2022, Interest Coverage Ratio rose 96.72% year-over-year to 0.06; the TTM figure through Jul 2023 stood at 3.84 (down 173.41% YoY), while the FY2022 annual figure was 2.45, up 46.68% from the prior year.
- Interest Coverage Ratio was 0.06 for Q4 2022 at Textron, up from 0.5 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 25.42 in Q1 2022 to a low of 107.45 in Q1 2020.
- Historically, Interest Coverage Ratio has averaged 36.76 across 5 years, with a median of 52.57 in 2018.
- The sharpest annual moves came in 2018 and 2022: Interest Coverage Ratio tumbled 30.71% in 2018, then surged 96.72% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 90.98 in 2018, then soared by 30.63% to 63.11 in 2019, then surged by 94.77% to 3.3 in 2020, then jumped by 40.35% to 1.97 in 2021, then soared by 96.72% to 0.06 in 2022.
- The last three Interest Coverage Ratio figures came in at 0.06 (Q4 2022), 0.5 (Q3 2022), and 2.21 (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -4.64 |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | - |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 0.73 |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 7.67 |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | - |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | - |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 6.10 |
| 10 | Textron | 16.39 Bn | 14.88 Bn | 267.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 1, 2022 | -0.06 |
| Jul 2, 2022 | -0.50 |
| Apr 2, 2022 | -2.21 |
| Jan 1, 2022 | 25.42 |
| Oct 2, 2021 | -1.97 |
| Jul 3, 2021 | -2.67 |
| Apr 3, 2021 | -2.70 |
| Oct 3, 2020 | -3.30 |
| Jul 4, 2020 | -64.48 |
| Apr 4, 2020 | -57.95 |
| Jan 4, 2020 | -107.45 |
| Sep 28, 2019 | -63.11 |
| Jun 29, 2019 | -54.93 |
| Mar 30, 2019 | -56.31 |
| Dec 29, 2018 | -90.98 |
| Sep 29, 2018 | -50.22 |
| Jun 30, 2018 | -66.98 |
| Mar 31, 2018 | -61.24 |
| Dec 30, 2017 | -69.60 |
| Sep 30, 2017 | -60.93 |