Textron Interest Coverage from 2010 to 2024

TXT Stock  USD 85.75  0.37  0.43%   
Textron Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage is likely to outpace its year average in 2024. From the period from 2010 to 2024, Textron Interest Coverage quarterly data regression had r-value of  0.82 and coefficient of variation of  24.66. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
9.45
Current Value
9.92
Quarterly Volatility
1.79662896
 
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Yuan Drop
 
Covid
Check Textron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Textron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 393.6 M, Interest Expense of 151.6 M or Total Revenue of 11.8 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0012 or PTB Ratio of 1.74. Textron financial statements analysis is a perfect complement when working with Textron Valuation or Volatility modules.
  
Check out the analysis of Textron Correlation against competitors.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

Latest Textron's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Textron over the last few years. It is Textron's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Textron's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Textron Interest Coverage Regression Statistics

Arithmetic Mean7.28
Geometric Mean7.05
Coefficient Of Variation24.66
Mean Deviation1.07
Median7.20
Standard Deviation1.80
Sample Variance3.23
Range6.8381
R-Value0.82
Mean Square Error1.13
R-Squared0.68
Significance0.0002
Slope0.33
Total Sum of Squares45.19

Textron Interest Coverage History

2024 9.92
2023 9.45
2022 10.5
2016 6.74
2012 7.2
2011 4.16
2010 3.66

About Textron Financial Statements

Textron shareholders use historical fundamental indicators, such as Interest Coverage, to determine how well the company is positioned to perform in the future. Although Textron investors may analyze each financial statement separately, they are all interrelated. The changes in Textron's assets and liabilities, for example, are also reflected in the revenues and expenses on on Textron's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Coverage 9.45  9.92 

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Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.