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Bank of America Corporation logo

Bank of America Corporation (BAC) Interest Coverage Ratio

Annual Interest Coverage Ratio

1.320.07-5.04%

Summary

Current Value
As of today, BAC annual interest coverage ratio is 1.32, down -5.04% on
Historical Performance
BAC annual interest coverage ratio is down -83.84% over the past 3 years, and down -46.56% over the past 5 years
All-Time High Comparison
BAC annual interest coverage ratio is currently -83.84% below its historical high of 8.17 set on
3-Year Low Comparison
BAC annual interest coverage ratio is at its 3-year low
Sector Comparison
BAC annual interest coverage ratio is higher than 29.23% of companies in Financial Services sector

Interest Coverage Ratio Chart

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Series
SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Coverage Ratio1.32-5.0%-83.8%-46.6%+14.8%
Quarterly Interest Coverage Ratio1.47+12.2%-39.3%-66.2%+7450.0%
Price$56.18+21.6%+63.3%+72.7%+294.3%
Annual EBIT$119.80B+17.8%+209.4%+117.4%+251.2%
Annual Interest Expense$90.55B+23.5%+1811.1%+305.2%+204.3%
Annual Debt To Equity2.26+5.1%+20.2%+36.1%-31.5%
Annual Current Ratio0.95-4.0%+17.3%-6.9%+143.6%
-
Piotroski F-Score50.0%-28.6%0.0%+66.7%
Altman Z-Score0.35+2.9%+150.0%+66.7%+16.7%

Interest Coverage Ratio Highs

BAC Annual Interest Coverage Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.54N/A-48.0%
5Y8.17-83.8%
All8.17-83.8%

Interest Coverage Ratio Lows

BAC Annual Interest Coverage Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.32at low
5Y1.32at low
All0.94+40.4%

Interest Coverage Ratio History

YearValueChange
1.32-5.0%
1.39-45.3%
2.54-68.9%
8.17+146.8%
3.31+34.0%
2.47-13.6%
YearValueChange
2.86-12.3%
3.26-7.1%
3.51+13.6%
3.09+89.6%
1.63-

FAQ

  • What is the current annual interest coverage ratio of BAC?

    As of today, BAC annual interest coverage ratio is 1.32

  • What is 1-year change in BAC annual interest coverage ratio?

    BAC annual interest coverage ratio is down -5.04% year-over-year

  • What is 3-year change in BAC annual interest coverage ratio?

    BAC annual interest coverage ratio is down -83.84% over the past 3 years

  • How far is BAC annual interest coverage ratio from its all-time high?

    BAC annual interest coverage ratio is currently -83.84% below its historical high of 8.17 set on December 31, 2021

  • How does BAC annual interest coverage ratio rank versus sector peers?

    BAC annual interest coverage ratio is higher than 29.23% of companies in Financial Services sector

  • When is BAC next annual earnings release?

    The next annual earnings release for BAC is on

Interest Coverage Ratio Formula

Interest Coverage Ratio =  

Data Sources & References

  1. BAC Official Website www.bankofamerica.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/70858/000007085825000390/0000070858-25-000390-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085825000139/0000070858-25-000139-index.htm
  4. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  5. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac