Annual Interest Coverage Ratio
Summary
- Current Value
- As of today, FRME annual interest coverage ratio is 1.54, down -11.49% on
- Historical Performance
- FRME annual interest coverage ratio is down -80.00% over the past 3 years, and down -44.60% over the past 5 years
- All-Time High Comparison
- FRME annual interest coverage ratio is currently -80.00% below its historical high of 7.70 set on
- 3-Year Low Comparison
- FRME annual interest coverage ratio is at its 3-year low
- Sector Comparison
- FRME annual interest coverage ratio is higher than 46.88% of companies in Financial Services sector
Interest Coverage Ratio Chart
Performance
| Metric | Date | Value | 1Y | 3Y | 5Y | 15Y |
|---|---|---|---|---|---|---|
| Annual Interest Coverage Ratio | 1.54 | -11.5% | -80.0% | -44.6% | +1440.0% | |
| Quarterly Interest Coverage Ratio | 1.64 | +8.6% | -60.9% | -60.4% | +51.9% | |
| Price | $39.24 | -2.2% | -2.5% | -2.6% | +334.0% | |
| Annual EBIT | $658.62M | +8.4% | +138.0% | +117.7% | +8230.6% | |
| Annual Interest Expense | $426.89M | +22.5% | +1087.4% | +292.6% | +453.7% | |
| Annual Debt To Equity | 0.51 | +8.5% | +50.0% | +21.4% | -47.4% | |
| Annual Current Ratio | 0.06 | -14.3% | 0.0% | +20.0% | -62.5% | |
| - | – | – | – | – | ||
| Piotroski F-Score | 7 | +16.7% | +75.0% | +40.0% | +133.3% | |
| Altman Z-Score | -0.26 | 0.0% | +63.4% | +18.8% | -620.0% |
Interest Coverage Ratio Highs
| Period | High | Date | Current |
|---|---|---|---|
| 3Y | 4.01 | N/A | -61.6% |
| 5Y | 7.70 | -80.0% | |
| All | 7.70 | -80.0% |
Interest Coverage Ratio Lows
| Period | Low | Date | Current |
|---|---|---|---|
| 3Y | 1.54 | at low | |
| 5Y | 1.54 | at low | |
| All | 0.10 | +1440.0% |
Interest Coverage Ratio History
FAQ
What is the current annual interest coverage ratio of FRME?
As of today, FRME annual interest coverage ratio is 1.54
What is 1-year change in FRME annual interest coverage ratio?
FRME annual interest coverage ratio is down -11.49% year-over-year
What is 3-year change in FRME annual interest coverage ratio?
FRME annual interest coverage ratio is down -80.00% over the past 3 years
How far is FRME annual interest coverage ratio from its all-time high?
FRME annual interest coverage ratio is currently -80.00% below its historical high of 7.70 set on December 31, 2021
How does FRME annual interest coverage ratio rank versus sector peers?
FRME annual interest coverage ratio is higher than 46.88% of companies in Financial Services sector
When is FRME next annual earnings release?
The next annual earnings release for FRME is on
Quarterly Interest Coverage Ratio
Summary
- Current Value
- As of today, FRME quarterly interest coverage ratio is 1.64, down -1.80% on
- Historical Performance
- FRME quarterly interest coverage ratio is up +8.61% year-over-year, and down -60.86% over the past 3 years
- All-Time High Comparison
- FRME quarterly interest coverage ratio is currently -81.13% below its historical high of 8.69 set on
- 3-Year Low Comparison
- FRME quarterly interest coverage ratio is +16.31% above its 3-year low of 1.41 reached on
- Sector Comparison
- FRME quarterly interest coverage ratio is higher than 41.61% of companies in Financial Services sector
Performance
| Metric | Date | Value | 3M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|
| Quarterly Interest Coverage Ratio | 1.64 | -1.8% | +8.6% | -60.9% | -60.4% | |
| Annual Interest Coverage Ratio | 1.54 | – | -11.5% | -80.0% | -44.6% | |
| Price | $39.24 | +7.7% | -2.2% | -2.5% | -2.6% | |
| Quarterly EBIT | $166.71M | +3.0% | +0.2% | +72.6% | +202.4% | |
| Quarterly Interest Expense | $101.43M | +4.9% | -7.8% | +340.4% | +662.4% | |
| Quarterly Debt To Equity | 0.49 | 0.0% | +4.3% | -21.0% | +11.4% | |
| Quarterly Current Ratio | 0.11 | -8.3% | +175.0% | +266.7% | -47.6% | |
| - | – | – | – | – | ||
| Piotroski F-Score | 7 | +16.7% | +16.7% | +75.0% | +40.0% | |
| Altman Z-Score | -0.26 | +3.7% | 0.0% | +63.4% | +18.8% |
Quarterly Interest Coverage Ratio Highs
| Period | High | Date | Current |
|---|---|---|---|
| 1Y | 1.76 | N/A | -6.8% |
| 3Y | 2.98 | N/A | -45.0% |
| 5Y | 8.69 | -81.1% | |
| All | 8.69 | -81.1% |
Quarterly Interest Coverage Ratio Lows
| Period | Low | Date | Current |
|---|---|---|---|
| 1Y | 1.64 | at low | |
| 3Y | 1.41 | +16.3% | |
| 5Y | 1.41 | +16.3% | |
| All | -1.29 | +227.1% |
Quarterly Interest Coverage Ratio History
FAQ
What is the current quarterly interest coverage ratio of FRME?
As of today, FRME quarterly interest coverage ratio is 1.64
What is FRME quarterly interest coverage ratio most recent change?
FRME quarterly interest coverage ratio was down -1.80% on September 30, 2025
What is 1-year change in FRME quarterly interest coverage ratio?
FRME quarterly interest coverage ratio is up +8.61% year-over-year
How far is FRME quarterly interest coverage ratio from its all-time high?
FRME quarterly interest coverage ratio is currently -81.13% below its historical high of 8.69 set on March 31, 2022
How does FRME quarterly interest coverage ratio rank versus sector peers?
FRME quarterly interest coverage ratio is higher than 41.61% of companies in Financial Services sector
When is FRME next earnings release?
The next earnings release for FRME is on
Interest Coverage Ratio Formula
Data Sources & References
- FRME Official Website www.firstmerchants.com
- Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/712534/000119312525216440/0001193125-25-216440-index.htm
- Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/712534/000071253425000058/0000712534-25-000058-index.htm
- FRME Profile on Yahoo Finance finance.yahoo.com/quote/FRME
- FRME Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/frme
