Textron (TXT) Interest Coverage Ratio (2009 - 2022)

Textron (TXT) has reported Interest Coverage Ratio for 14 consecutive years, with 0.06 the latest figure, recorded in 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 came in at 0.06 for Q4 2022 at Textron, up from 0.5 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 25.42 in Q1 2022, with the low 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.
• Across the five-year window, Interest Coverage Ratio plunged 30.71% in 2018 and surged 96.72% in 2022, its largest moves.
• Year by year, Interest Coverage Ratio 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.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.06, 0.5, and 2.21 for Q4 2022, Q3 2022, and Q2 2022 respectively.