Textron (TXT) Interest Coverage Ratio (2009 - 2022)
Textron's quarterly Interest Coverage Ratio came in at 0.06 in Q4 2022, up 96.72% year-on-year from 0.03 in Q4 2021, and up 87.1% quarter-over-quarter from 0.5 in Q3 2022.
Textron has reported Interest Coverage Ratio for 14 years, with the latest figure at 0.06 in Q4 2022.
- For the quarter ending Q4 2022, Interest Coverage Ratio rose 96.72% year-over-year to 0.06; the trailing twelve-month figure through Jul 2023 stood at 3.84 (down 173.41% YoY), and the FY2022 full-year result was 2.45, up 46.68% from the prior year.
- Interest Coverage Ratio for Q4 2022 stood at 0.06, 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.
- Year-over-year, Interest Coverage Ratio tumbled 30.71% in 2018 and jumped 96.72% in 2022.
- Tracing TXT's Interest Coverage Ratio over 5 years: stood at 90.98 in 2018, then jumped 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 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -4.64 |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | - |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 0.73 |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 7.67 |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | - |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | - |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -43.93 |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 6.10 |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 2.43 |
| 10 | Textron | 16.03 Bn | 14.52 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 |
| Jul 1, 2017 | -64.67 |
| Apr 1, 2017 | -58.83 |
| Dec 31, 2016 | -68.05 |
| Oct 1, 2016 | -56.76 |
| Jul 2, 2016 | -59.75 |
| Apr 2, 2016 | -56.28 |
| Jan 2, 2016 | -79.11 |
| Oct 3, 2015 | -56.88 |
| Jul 4, 2015 | -57.00 |
| Apr 4, 2015 | -54.07 |
| Sep 27, 2014 | -55.62 |
| Jun 28, 2014 | -56.70 |
| Mar 29, 2014 | -47.49 |
| Dec 28, 2013 | -69.62 |
| Sep 28, 2013 | -56.78 |
| Jun 29, 2013 | -51.79 |
| Mar 30, 2013 | -43.90 |
| Dec 29, 2012 | -49.94 |
| Sep 29, 2012 | -43.58 |
| Jun 30, 2012 | -41.13 |
| Mar 31, 2012 | -38.82 |
| Dec 31, 2011 | -44.27 |
| Oct 1, 2011 | -34.87 |
| Jul 2, 2011 | -34.26 |
| Apr 2, 2011 | -32.40 |
| Jan 1, 2011 | -55.61 |
| Oct 2, 2010 | -31.43 |
| Jul 3, 2010 | -30.28 |
| Apr 3, 2010 | -24.86 |
| Oct 3, 2009 | -61.22 |
| Jul 4, 2009 | -29.94 |
| Apr 4, 2009 | -25.06 |
| Jan 3, 2009 | -122.28 |