Basis: Trailing twelve months (TTM). 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 11.69x is 32% above its 3-year average of 8.84x, around the middle of its 3-year range (-1.73x–28.82x).
31.36% below its 12-month average of 17.03x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 28.82x.
INTEREST COVERAGE RATIO
11.69x
INTEREST COVERAGE RATIO AVG TTM
17.03x
INTEREST COVERAGE RATIO AVG 3Y
8.31x
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
-31.36%
CURRENT VS 3Y AVG
+40.72%
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 149 covered companies
CURRENT VS SECTOR MEDIAN
+50.26%
vs the sector median at left
Advanced Energy Industries, Inc.
Market Cap
$11.50B
Interest Coverage Ratio
11.69x
TTM Avg
17.03x
3Y Avg
8.31x
5Y Avg
N/A
Market Cap
$11.54B
Interest Coverage Ratio
13.01x
TTM Avg
13.01x
3Y Avg
13.01x
5Y Avg
13.01x
Market Cap
$11.45B
Interest Coverage Ratio
112.54x
TTM Avg
83.52x
3Y Avg
57.20x
5Y Avg
129.40x
Market Cap
$11.77B
Interest Coverage Ratio
N/A
TTM Avg
1843.19x
3Y Avg
1631.59x
5Y Avg
1631.59x
Market Cap
$11.82B
Interest Coverage Ratio
109.44x
TTM Avg
112.82x
3Y Avg
103.82x
5Y Avg
83.15x
Market Cap
$12.02B
Interest Coverage Ratio
9.15x
TTM Avg
8.98x
3Y Avg
9.00x
5Y Avg
8.00x
Market Cap
$12.12B
Interest Coverage Ratio
3.13x
TTM Avg
3.13x
3Y Avg
3.13x
5Y Avg
3.13x
Market Cap
$12.54B
Interest Coverage Ratio
117.27x
TTM Avg
123.13x
3Y Avg
83.63x
5Y Avg
83.63x
Market Cap
$12.85B
Interest Coverage Ratio
6.20x
TTM Avg
6.47x
3Y Avg
9.06x
5Y Avg
9.70x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advanced Energy Industries, Inc. (AEIS) | $11.50B | 11.69x | 17.03x | 8.31x | N/A |
| HubSpot, Inc. (HUBS)vs › | $11.54B | 13.01x | 13.01x | 13.01x | 13.01x |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.45B | 112.54x | 83.52x | 57.20x | 129.40x |
| Manhattan Associates, Inc. (MANH)vs › | $11.77B | N/A | 1843.19x | 1631.59x | 1631.59x |
| Nova Ltd. (NVMI)vs › | $11.82B | 109.44x | 112.82x | 103.82x | 83.15x |
| Gartner, Inc. (IT)vs › | $12.02B | 9.15x | 8.98x | 9.00x | 8.00x |
| Grab Holdings Limited (GRAB)vs › | $12.12B | 3.13x | 3.13x | 3.13x | 3.13x |
| DocuSign, Inc. (DOCU)vs › | $12.54B | 117.27x | 123.13x | 83.63x | 83.63x |
| Amkor Technology, Inc. (AMKR)vs › | $12.85B | 6.20x | 6.47x | 9.06x | 9.70x |
| GoDaddy Inc. (GDDY)vs › | $12.99B | 7.54x | 6.59x | 4.91x | 4.28x |
Interest Coverage
11.7x
Debt/Equity
0.95
Current Ratio
3.79
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 |
|---|---|
| 2026-06-30 | 28.82x |
| 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 |