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
DateValue
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