Independent Bank Corp.INDBNASDAQ
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Interest Coverage Over Time
Trending lower, below historical average, structural decline.
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Interest coverage ratio
Latest
0.85
↓ 85% below average
Average (9y)
5.81
Historical baseline
Range
High:11.75
Low:0.85
CAGR
-16.9%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.85 | -49.0% |
| 2023 | 1.67 | -85.8% |
| 2022 | 11.75 | +2.9% |
| 2021 | 11.42 | +156.6% |
| 2020 | 4.45 | +9.9% |
| 2019 | 4.05 | -33.7% |
| 2018 | 6.11 | -16.8% |
| 2017 | 7.34 | +23.1% |
| 2016 | 5.96 | +33.4% |
| 2015 | 4.47 | - |