Textron (TXT) Interest Coverage Ratio (2009 - 2022)
Textron (TXT) posted Interest Coverage Ratio of 0.06 for Q4 2022, up 87.1% on a QoQ basis from 0.5 in Q3 2022, and up 96.72% year-over-year from 0.03 in Q4 2021.
Analysis
Textron (TXT) Interest Coverage Ratio (2009 - 2022) Analysis & Trends
Textron has reported Interest Coverage Ratio for 14 years, with the latest figure at 0.06 in Q4 2022.
- On a quarterly basis, Interest Coverage Ratio rose 96.72% year-over-year to 0.06 in Q4 2022; TTM through Oct 2022 was 5.36, a 295.59% increase from a year earlier, with the FY2022 full-year figure at 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.
- The five-year high for Interest Coverage Ratio was 18.52 in Q1 2022, with the low at 14.76 in Q4 2018.
- Average Interest Coverage Ratio over 5 years is 0.18, with a median of 1.23 recorded in 2021.
- The sharpest annual moves came in 2020 and 2022: Interest Coverage Ratio sank 937.87% in 2020, then soared 96.72% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 14.76 in 2018, then jumped by 97.84% to 0.32 in 2019, then slumped by 937.87% to 3.3 in 2020, then surged by 40.35% to 1.97 in 2021, then jumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 267.36 Bn | 259.05 Bn | 9.91 Bn | - |
| 2 | Boeing | 162.13 Bn | 142.11 Bn | 2.41 Bn | 0.26 |
| 3 | Howmet Aerospace | 91.25 Bn | 90.68 Bn | 951.00 Mn | - |
| 4 | TransDigm | 64.60 Bn | 61.82 Bn | 1.63 Bn | 2.39 |
| 5 | Honeywell International | 64.12 Bn | 54.92 Bn | 3.65 Bn | 4.92 |
| 6 | Heico | 43.56 Bn | 43.32 Bn | 580.99 Mn | 9.89 |
| 7 | AerCap Holdings | 24.20 Bn | 24.20 Bn | - | 2.70 |
| 8 | Woodward | 19.77 Bn | 19.30 Bn | 349.91 Mn | 12.47 |
| 9 | FTAI Aviation | 18.45 Bn | 18.11 Bn | 317.30 Mn | -6.88 |
| 10 | Textron | 13.73 Bn | 12.29 Bn | 304.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 1, 2022 | -0.06 |
| Jul 2, 2022 | -0.50 |
| Apr 2, 2022 | -2.21 |
| Jan 1, 2022 | 18.52 |
| Oct 2, 2021 | -1.97 |
| Jul 3, 2021 | -2.67 |
| Apr 3, 2021 | -2.70 |
| Oct 3, 2020 | -3.30 |
| Jul 4, 2020 | -9.71 |
| Apr 4, 2020 | -4.85 |
| Jan 4, 2020 | -2.10 |
| Sep 28, 2019 | -0.32 |
| Jun 29, 2019 | 6.84 |
| Mar 30, 2019 | 5.36 |
| Dec 29, 2018 | -14.76 |
| Sep 29, 2018 | 5.02 |
| Jun 30, 2018 | 6.74 |
| Mar 31, 2018 | 5.85 |
| Dec 30, 2017 | 7.00 |
| Sep 30, 2017 | 6.02 |