Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 19.69x is 123% above its 3-year average of 8.84x, near the high end of its 3-year range (-1.73x–19.69x).
As of the fiscal period ended Tuesday, March 31, 2026. 51.31% above its 12-month average of 13.02x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
19.69x
INTEREST COVERAGE RATIO AVG TTM
13.02x
INTEREST COVERAGE RATIO AVG 3Y
8.84x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+51.31%
CURRENT VS 3Y AVG
+122.86%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 141 covered companies
CURRENT VS SECTOR MEDIAN
+153.14%
vs the sector median at left
Advanced Energy Industries, Inc.
Market Cap
$9.69B
Interest Coverage Ratio
19.69x
TTM Avg
13.02x
3Y Avg
8.84x
5Y Avg
N/A
Market Cap
$9.46B
Interest Coverage Ratio
18.45x
TTM Avg
18.45x
3Y Avg
18.89x
5Y Avg
41.78x
Market Cap
$9.34B
Interest Coverage Ratio
166.82x
TTM Avg
176.69x
3Y Avg
185.60x
5Y Avg
2107.67x
Market Cap
$9.21B
Interest Coverage Ratio
189.53x
TTM Avg
157.99x
3Y Avg
105.03x
5Y Avg
84.58x
Market Cap
$8.98B
Interest Coverage Ratio
N/A
TTM Avg
121.18x
3Y Avg
121.18x
5Y Avg
59.54x
Market Cap
$10.92B
Interest Coverage Ratio
N/A
TTM Avg
42.11x
3Y Avg
27.04x
5Y Avg
21.89x
Market Cap
$11.03B
Interest Coverage Ratio
9.15x
TTM Avg
8.98x
3Y Avg
9.00x
5Y Avg
8.00x
Market Cap
$11.05B
Interest Coverage Ratio
117.27x
TTM Avg
123.13x
3Y Avg
83.63x
5Y Avg
83.63x
Market Cap
$11.18B
Interest Coverage Ratio
2.56x
TTM Avg
3.13x
3Y Avg
3.13x
5Y Avg
2.20x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advanced Energy Industries, Inc. (AEIS) | $9.69B | 19.69x | 13.02x | 8.84x | N/A |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.46B | 18.45x | 18.45x | 18.89x | 41.78x |
| Paycom Software, Inc. (PAYC)vs › | $9.34B | 166.82x | 176.69x | 185.60x | 2107.67x |
| Rambus Inc. (RMBS)vs › | $9.21B | 189.53x | 157.99x | 105.03x | 84.58x |
| The Trade Desk, Inc. (TTD)vs › | $8.98B | N/A | 121.18x | 121.18x | 59.54x |
| Onto Innovation Inc. (ONTO)vs › | $10.92B | N/A | 42.11x | 27.04x | 21.89x |
| Gartner, Inc. (IT)vs › | $11.03B | 9.15x | 8.98x | 9.00x | 8.00x |
| DocuSign, Inc. (DOCU)vs › | $11.05B | 117.27x | 123.13x | 83.63x | 83.63x |
| Dayforce Inc (DAY)vs › | $11.18B | 2.56x | 3.13x | 3.13x | 2.20x |
| Amkor Technology, Inc. (AMKR)vs › | $11.19B | 6.20x | 6.47x | 9.06x | 9.70x |
Interest Coverage
19.7x
Debt/Equity
0.50
Current Ratio
1.59
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-03-31 | 19.69x |
| 2025-12-31 | 15.63x |
| 2025-09-30 | 11.71x |
| 2025-06-30 | 9.29x |
| 2025-03-31 | 8.74x |
| 2024-12-31 | 7.32x |
| 2024-09-30 | -1.73x |
| 2024-06-30 | 2.11x |
| 2024-03-31 | 0.21x |
| 2023-09-30 | 7.95x |
| 2023-06-30 | 10.44x |
| 2023-03-31 | 14.67x |
