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TowneBank (TOWN) Interest Coverage Ratio

Annual Interest Coverage Ratio

1.570.18-10.29%

Summary

Current Value
As of today, TOWN annual interest coverage ratio is 1.57, down -10.29% on
Historical Performance
TOWN annual interest coverage ratio is down -79.90% over the past 3 years, and up +57.00% over the past 5 years
All-Time High Comparison
TOWN annual interest coverage ratio is currently -79.90% below its historical high of 7.81 set on
3-Year Low Comparison
TOWN annual interest coverage ratio is at its 3-year low
Sector Comparison
TOWN annual interest coverage ratio is higher than 52.63% of companies in Financial Services sector

Interest Coverage Ratio Chart

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Series
SUGGESTED SERIES

Performance

TOWN Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Coverage Ratio1.57-10.3%-79.9%+57.0%-3.7%
Quarterly Interest Coverage Ratio1.65+4.4%-71.0%-60.0%-16.7%
Price$34.38+2.7%+9.4%+33.2%+109.3%
Annual EBIT$522.31M+20.4%+62.8%+377.1%+426.9%
Annual Interest Expense$331.92M+34.1%+707.9%+203.2%+446.5%
Annual Debt To Equity0.12-47.8%-42.9%-72.7%-89.1%
Annual Current Ratio0.10+11.1%-64.3%+42.9%+100.0%
-
Piotroski F-Score4-33.3%-20.0%+33.3%0.0%
Altman Z-Score-0.52+1.9%+10.3%-40.5%-205.9%

Interest Coverage Ratio Highs

TOWN Annual Interest Coverage Ratio Highs Comparison
PeriodHighDateCurrent
3Y5.19N/A-69.8%
5Y7.81-79.9%
All7.81-79.9%

Interest Coverage Ratio Lows

TOWN Annual Interest Coverage Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.57at low
5Y1.57at low
All1.00+57.0%

Interest Coverage Ratio History

YearValueChange
1.57-10.3%
1.75-66.3%
5.19-33.5%
7.81+121.9%
3.52+252.0%
1.00-68.1%
3.13-28.2%
4.36+14.1%
3.82-0.8%
3.85+14.6%
3.36+0.9%
YearValueChange
3.33+17.7%
2.83+25.2%
2.26+17.1%
1.93+18.4%
1.63+7.9%
1.51+2.0%
1.48+48.0%
1.00-50.2%
2.01-0.5%
2.02+21.0%
1.67-

FAQ

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

    As of today, TOWN annual interest coverage ratio is 1.57

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

    TOWN annual interest coverage ratio is down -10.29% year-over-year

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

    TOWN annual interest coverage ratio is down -79.90% over the past 3 years

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

    TOWN annual interest coverage ratio is currently -79.90% below its historical high of 7.81 set on December 31, 2021

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

    TOWN annual interest coverage ratio is higher than 52.63% of companies in Financial Services sector

  • When is TOWN next annual earnings release?

    The next annual earnings release for TOWN is on

Interest Coverage Ratio Formula

Interest Coverage Ratio =  

Data Sources & References

  1. TOWN Official Website www.townebank.com
  2. TOWN Profile on Yahoo Finance finance.yahoo.com/quote/TOWN
  3. TOWN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/town