Veritec (VRTC) Interest Coverage Ratio (2016 - 2024)
Veritec has reported Interest Coverage Ratio over the past 15 years, most recently at 1.62 for Q3 2024.
- Quarterly results put Interest Coverage Ratio at 1.62 for Q3 2024, down 21.08% from a year ago — trailing twelve months through Sep 2024 was 1.01 (up 29.04% YoY), and the annual figure for FY2024 was 0.92, up 37.92%.
- Interest Coverage Ratio for Q3 2024 was 1.62 at Veritec, down from 0.5 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for VRTC hit a ceiling of 0.5 in Q2 2024 and a floor of 2.49 in Q3 2020.
- Median Interest Coverage Ratio over the past 5 years was 1.24 (2020), compared with a mean of 1.36.
- Biggest five-year swings in Interest Coverage Ratio: crashed 250.12% in 2020 and later skyrocketed 63.09% in 2024.
- Veritec's Interest Coverage Ratio stood at 1.15 in 2020, then dropped by 5.17% to 1.21 in 2021, then fell by 1.53% to 1.23 in 2022, then soared by 41.82% to 0.72 in 2023, then plummeted by 126.11% to 1.62 in 2024.
- The last three reported values for Interest Coverage Ratio were 1.62 (Q3 2024), 0.5 (Q2 2024), and 1.15 (Q1 2024) per Business Quant data.