Fastenal Interest Coverage from 2010 to 2024

FAST Stock  USD 72.46  1.96  2.63%   
Fastenal Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage will likely drop to 134.47 in 2024. From the period from 2010 to 2024, Fastenal Interest Coverage quarterly data regression had r-value of (0.79) and coefficient of variation of  153.84. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
141.5462963
Current Value
134.47
Quarterly Volatility
2.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Fastenal Company over the last few years. It is Fastenal's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fastenal'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  

Fastenal Interest Coverage Regression Statistics

Arithmetic Mean1,823
Geometric Mean390.27
Coefficient Of Variation153.84
Mean Deviation2,391
Median134.47
Standard Deviation2,805
Sample Variance7.9M
Range6.2K
R-Value(0.79)
Mean Square Error3.2M
R-Squared0.62
Significance0.0005
Slope(495.00)
Total Sum of Squares110.2M

Fastenal Interest Coverage History

2024 134.47
2023 141.55
2022 101.65
2021 125.51
2020 117.71
2019 76.06
2018 79.3

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Interest Coverage, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal'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 141.55  134.47 

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Additional Tools for Fastenal Stock Analysis

When running Fastenal's price analysis, check to measure Fastenal'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 Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.