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 -1.48x is 316% below its 5-year average of -0.36x, near the low end of its 5-year range (-2.91x–5.00x).
13.68% below its 12-month average of -1.30x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2027 (2026-06-30): -1.62x.
INTEREST COVERAGE RATIO
-1.48x
INTEREST COVERAGE RATIO AVG TTM
-1.30x
INTEREST COVERAGE RATIO AVG 3Y
-0.42x
INTEREST COVERAGE RATIO AVG 5Y
-0.36x
INTEREST COVERAGE RATIO AVG 10Y
0.17x
INTEREST COVERAGE RATIO AVG 15Y
1.41x
INTEREST COVERAGE RATIO AVG 20Y
26.76x
CURRENT VS TTM AVG
-13.68%
CURRENT VS 3Y AVG
-253.43%
CURRENT VS 5Y AVG
-315.60%
CURRENT VS 10Y AVG
-968.89%
CURRENT VS 15Y AVG
-204.77%
CURRENT VS 20Y AVG
-105.53%
SECTOR MEDIAN · INDUSTRIALS
3.59x
median of 308 covered companies
CURRENT VS SECTOR MEDIAN
-141.17%
vs the sector median at left
Air T, Inc.
Market Cap
$78.68M
Interest Coverage Ratio
-1.48x
TTM Avg
-1.30x
3Y Avg
-0.42x
5Y Avg
-0.36x
Market Cap
$77.95M
Interest Coverage Ratio
-13.08x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$80.02M
Interest Coverage Ratio
-10668.43x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.49M
Interest Coverage Ratio
-51.61x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$80.17M
Interest Coverage Ratio
-40.26x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$81.83M
Interest Coverage Ratio
-1.48x
TTM Avg
0.20x
3Y Avg
0.69x
5Y Avg
0.91x
Market Cap
$82.49M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$73.38M
Interest Coverage Ratio
0.30x
TTM Avg
0.28x
3Y Avg
3.52x
5Y Avg
4.40x
Market Cap
$87.78M
Interest Coverage Ratio
-3.31x
TTM Avg
3.26x
3Y Avg
3.26x
5Y Avg
3.26x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Air T, Inc. (AIRTP) | $78.68M | -1.48x | -1.30x | -0.42x | -0.36x |
| Elite Express Holding Inc. (ETS)vs › | $77.95M | -13.08x | N/A | N/A | N/A |
| Blink Charging Co. (BLNK)vs › | $80.02M | -10668.43x | N/A | N/A | N/A |
| Concorde International Group Ltd. (CIGL)vs › | $76.49M | -51.61x | N/A | N/A | N/A |
| Momentus Inc. (MNTS)vs › | $80.17M | -40.26x | N/A | N/A | N/A |
| Air T, Inc. (AIRT)vs › | $81.83M | -1.48x | 0.20x | 0.69x | 0.91x |
| Byrna Technologies Inc. (BYRN)vs › | $82.49M | N/A | N/A | N/A | N/A |
| Globus Maritime Limited (GLBS)vs › | $73.38M | 0.30x | 0.28x | 3.52x | 4.40x |
| Arq, Inc. (ARQ)vs › | $87.78M | -3.31x | 3.26x | 3.26x | 3.26x |
| Hadron Energy, Inc. (HDRN)vs › | $89.02M | N/A | N/A | N/A | N/A |
Interest Coverage
-1.5x
Debt/Equity
4.06
Current Ratio
1.43
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 | -1.62x |
| 2026-03-31 | -2.70x |
| 2025-12-31 | -1.59x |
| 2025-09-30 | -0.79x |
| 2025-06-30 | 0.19x |
| 2025-03-31 | -1.71x |
| 2024-12-31 | 0.71x |
| 2024-09-30 | 1.80x |
| 2024-06-30 | -0.30x |
| 2024-03-31 | 0.84x |
| 2023-12-31 | -1.05x |
| 2023-09-30 | 0.41x |
| 2023-06-30 | 0.36x |
| 2023-03-31 | -2.91x |
| 2022-12-31 | 0.06x |
| 2022-09-30 | 0.09x |
| 2022-06-30 | 0.46x |
| 2022-03-31 | 5.00x |
| 2021-12-31 | 0.02x |
| 2021-09-30 | 0.60x |
| 2021-06-30 | 0.00x |
| 2021-03-31 | -5.20x |
| 2020-12-31 | 0.91x |
| 2020-09-30 | -3.41x |
| 2020-06-30 | -0.23x |
| 2020-03-31 | 5.32x |
| 2019-12-31 | 3.03x |
| 2019-09-30 | 0.23x |
| 2019-06-30 | 1.18x |
| 2019-03-31 | 6.86x |
| 2018-12-31 | 1.23x |
| 2018-09-30 | -2.27x |
| 2018-06-30 | 3.68x |
| 2018-03-31 | 1.41x |
| 2017-12-31 | 1.02x |
| 2017-09-30 | 1.48x |
| 2017-06-30 | 14.80x |
| 2017-03-31 | 4.47x |
| 2016-12-31 | 11.98x |
| 2016-09-30 | 13.21x |
| 2016-06-30 | -110.50x |
| 2015-12-31 | 76.40x |
| 2015-09-30 | 568.08x |
| 2014-12-31 | 765.13x |
| 2014-09-30 | 214.31x |
| 2013-12-31 | 161.13x |
| 2013-09-30 | 835.17x |
| 2013-03-31 | 181.54x |
| 2012-12-31 | 306.19x |
| 2012-09-30 | 363.66x |
| 2012-06-30 | 105.06x |
| 2012-03-31 | 0.34x |
| 2011-12-31 | 908.57x |
| 2011-09-30 | 637.18x |
| 2011-06-30 | 1105.69x |
| 2010-12-31 | 4397.02x |
| 2010-09-30 | 765.11x |
| 2010-06-30 | 1424.87x |
| 2009-12-31 | 6750.55x |
| 2009-09-30 | 410.55x |
| 2009-06-30 | 126.85x |
| 2009-03-31 | 55.19x |
| 2008-12-31 | 28.10x |
| 2008-09-30 | 89.66x |
| 2008-06-30 | 157.35x |
| 2008-03-31 | 0.01x |
| 2007-12-31 | 48.07x |
| 2007-09-30 | 13.18x |
| 2007-06-30 | 14.98x |
