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 -4.15x is 27% below its 3-year average of -3.28x, near the low end of its 3-year range (-4.21x–-1.48x).
As of the fiscal period ended Friday, March 31, 2023. 47.54% below its 12-month average of -2.81x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2023 (2023-03-31): -4.15x.
INTEREST COVERAGE RATIO
-4.15x
INTEREST COVERAGE RATIO AVG TTM
-2.81x
INTEREST COVERAGE RATIO AVG 3Y
-3.28x
INTEREST COVERAGE RATIO AVG 5Y
-3.28x
INTEREST COVERAGE RATIO AVG 10Y
-8.42x
INTEREST COVERAGE RATIO AVG 15Y
-15.39x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-47.54%
CURRENT VS 3Y AVG
-26.56%
CURRENT VS 5Y AVG
-26.56%
CURRENT VS 10Y AVG
+50.74%
CURRENT VS 15Y AVG
+73.06%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.25x
median of 395 covered companies
CURRENT VS SECTOR MEDIAN
-431.84%
vs the sector median at left
Axe Compute Inc.
Market Cap
$142.12M
Interest Coverage Ratio
-4.15x
TTM Avg
-2.81x
3Y Avg
-3.28x
5Y Avg
-3.28x
Market Cap
$137.53M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$148.51M
Interest Coverage Ratio
-0.42x
TTM Avg
0.74x
3Y Avg
0.74x
5Y Avg
1.45x
Market Cap
$149.05M
Interest Coverage Ratio
N/A
TTM Avg
17.31x
3Y Avg
17.31x
5Y Avg
17.31x
Market Cap
$133.95M
Interest Coverage Ratio
N/A
TTM Avg
1.84x
3Y Avg
8.43x
5Y Avg
12.17x
Market Cap
$132.61M
Interest Coverage Ratio
-1.63x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$131.66M
Interest Coverage Ratio
N/A
TTM Avg
6.77x
3Y Avg
5.84x
5Y Avg
5.45x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axe Compute Inc. (AGPU) | $142.12M | -4.15x | -2.81x | -3.28x | -3.28x |
| Digimarc Corp. (DMRC)vs › | $140.49M | N/A | N/A | N/A | N/A |
| Huckleberry.ai, Inc. Class B (HUCK)vs › | $137.53M | N/A | N/A | N/A | N/A |
| Nano Labs Ltd (NA)vs › | $146.79M | -6.28x | N/A | N/A | N/A |
| Optical Cable Corporation (OCC)vs › | $148.51M | -0.42x | 0.74x | 0.74x | 1.45x |
| eGain Corporation (EGAN)vs › | $149.05M | N/A | 17.31x | 17.31x | 17.31x |
| KVH Industries, Inc. (KVHI)vs › | $133.95M | N/A | 1.84x | 8.43x | 12.17x |
| Datavault AI Inc. (DVLT)vs › | $132.61M | -1.63x | N/A | N/A | N/A |
| CTW Cayman Class A Ordinary Shares (CTW)vs › | $131.66M | N/A | 6.77x | 5.84x | 5.45x |
| Sangoma Technologies Corporation (SANG)vs › | $160.74M | -5.63x | 4.66x | 10.38x | 9.97x |
Interest Coverage
-4.1x
Debt/Equity
0.05
Current Ratio
1.45
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 |
|---|---|
| 2023-03-31 | -4.15x |
| 2022-06-30 | -1.48x |
| 2020-03-31 | -4.21x |
| 2016-09-30 | -351863.33x |
| 2015-12-31 | 603.83x |
| 2015-09-30 | -20.55x |
| 2015-06-30 | -5.26x |
| 2015-03-31 | -0.47x |
| 2014-12-31 | -10.12x |
| 2014-09-30 | -7.45x |
| 2014-06-30 | -116.51x |
| 2014-03-31 | -88.86x |
| 2013-12-31 | 317.24x |
| 2013-09-30 | -8.91x |
| 2013-06-30 | -8.83x |
| 2013-03-31 | -21.20x |
| 2012-12-31 | -17.00x |
| 2012-09-30 | -120.27x |
| 2012-06-30 | -23.58x |
| 2012-03-31 | -11.87x |
| 2011-12-31 | -46.97x |
| 2011-09-30 | -10.09x |
| 2011-06-30 | -8.92x |
| 2011-03-31 | -7.33x |
| 2010-12-31 | 16.91x |
| 2010-09-30 | -13.97x |
| 2010-06-30 | -9.27x |
| 2010-03-31 | -59.51x |
| 2009-12-31 | -24.29x |
| 2009-09-30 | -32.98x |
| 2009-06-30 | -31.59x |
| 2009-03-31 | -33.24x |
| 2008-12-31 | -9.32x |
| 2008-09-30 | -107.26x |