First Merchants CorporationFRMENASDAQ
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Interest Coverage Over Time
Trending lower, below historical average, structural decline.
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Interest coverage ratio
Latest
0.54
↓ 81% below average
Average (9y)
2.93
Historical baseline
Range
High:6.70
Low:0.54
CAGR
-19.1%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.54 | -27.0% |
| 2023 | 0.74 | -75.3% |
| 2022 | 3.01 | -55.0% |
| 2021 | 6.70 | +161.6% |
| 2020 | 2.56 | +43.7% |
| 2019 | 1.78 | -34.6% |
| 2018 | 2.72 | -23.3% |
| 2017 | 3.55 | -12.3% |
| 2016 | 4.05 | +10.2% |
| 2015 | 3.67 | - |