Insteel Industries, Inc.

NYSE IIIN

Insteel Industries, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 28, 2024: 285.12

Insteel Industries, Inc. Interest Coverage Ratio is 285.12 for the Trailing 12 Months (TTM) ending September 28, 2024, a -40.72% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Insteel Industries, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 480.94, a -72.95% change year over year.
  • Insteel Industries, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending October 01, 2022 was 1,778.22, a 98.04% change year over year.
  • Insteel Industries, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending October 02, 2021 was 897.91, a 292.07% change year over year.
  • Insteel Industries, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending October 03, 2020 was 229.02, a 404.72% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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NYSE: IIIN

Insteel Industries, Inc.

CEO Mr. Howard Osler Woltz III
IPO Date March 17, 1992
Location United States
Headquarters 1373 Boggs Drive
Employees 929
Sector Materials
Industries
Description

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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StockViz Staff

January 15, 2025

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