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 20.69x is 395% above its 5-year average of 4.18x, around the middle of its 5-year range (-17.07x–49.48x).
1882.62% above its 12-month average of 1.04x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 0.71x.
INTEREST COVERAGE RATIO
20.69x
INTEREST COVERAGE RATIO AVG TTM
1.04x
INTEREST COVERAGE RATIO AVG 3Y
17.51x
INTEREST COVERAGE RATIO AVG 5Y
4.18x
INTEREST COVERAGE RATIO AVG 10Y
-6.01x
INTEREST COVERAGE RATIO AVG 15Y
-6.07x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1882.62%
CURRENT VS 3Y AVG
+18.14%
CURRENT VS 5Y AVG
+394.80%
CURRENT VS 10Y AVG
+444.01%
CURRENT VS 15Y AVG
+440.61%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-4.20x
median of 329 covered companies
CURRENT VS SECTOR MEDIAN
+592.62%
vs the sector median at left
Alkermes plc
Market Cap
$7.15B
Interest Coverage Ratio
20.69x
TTM Avg
1.04x
3Y Avg
17.51x
5Y Avg
4.18x
Market Cap
$7.23B
Interest Coverage Ratio
-4.22x
TTM Avg
7.50x
3Y Avg
4.09x
5Y Avg
4.09x
Market Cap
$7.65B
Interest Coverage Ratio
5.64x
TTM Avg
4.71x
3Y Avg
3.13x
5Y Avg
2.65x
Market Cap
$6.71B
Interest Coverage Ratio
193.28x
TTM Avg
199.58x
3Y Avg
145.92x
5Y Avg
155.47x
Market Cap
$6.69B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.73B
Interest Coverage Ratio
-5.89x
TTM Avg
8.36x
3Y Avg
8.36x
5Y Avg
8.36x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alkermes plc (ALKS) | $7.15B | 20.69x | 1.04x | 17.51x | 4.18x |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.23B | -4.22x | 7.50x | 4.09x | 4.09x |
| Immunovant, Inc. (IMVT)vs › | $6.86B | N/A | N/A | N/A | N/A |
| Hinge Health, Inc. (HNGE)vs › | $7.66B | N/A | N/A | N/A | N/A |
| HealthEquity, Inc. (HQY)vs › | $7.65B | 5.64x | 4.71x | 3.13x | 2.65x |
| Chemed Corporation (CHE)vs › | $6.71B | 193.28x | 199.58x | 145.92x | 155.47x |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.69B | N/A | N/A | N/A | N/A |
| GRAIL Inc. (GRAL)vs › | $6.85B | N/A | N/A | N/A | N/A |
| Cytokinetics, Incorporated (CYTK)vs › | $7.73B | -5.89x | 8.36x | 8.36x | 8.36x |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.52B | 1.75x | 1.35x | 1.23x | 1.08x |
Interest Coverage
20.7x
Debt/Equity
0.87
Current Ratio
2.30
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 | 0.71x |
| 2026-03-31 | -2.31x |
| 2025-12-31 | 4.73x |
| 2024-12-31 | 35.00x |
| 2024-09-30 | 17.46x |
| 2024-06-30 | 18.46x |
| 2024-03-31 | 7.24x |
| 2023-12-31 | 29.50x |
| 2023-09-30 | 14.85x |
| 2023-06-30 | 49.48x |
| 2023-03-31 | -2.07x |
| 2022-12-31 | -4.32x |
| 2022-09-30 | -17.07x |
| 2022-06-30 | -14.54x |
| 2022-03-31 | -11.31x |
| 2021-12-31 | 0.99x |
| 2021-09-30 | -8.07x |
| 2021-06-30 | 1.84x |
| 2021-03-31 | -4.14x |
| 2020-12-31 | -16.44x |
| 2020-09-30 | -5.89x |
| 2020-06-30 | -15.86x |
| 2020-03-31 | -13.08x |
| 2019-12-31 | -3.11x |
| 2019-09-30 | -15.84x |
| 2019-06-30 | -10.21x |
| 2019-03-31 | -21.71x |
| 2018-12-31 | 0.01x |
| 2018-09-30 | -11.11x |
| 2018-06-30 | -0.03x |
| 2018-03-31 | -11.28x |
| 2017-12-31 | 1.83x |
| 2017-09-30 | -12.26x |
| 2017-06-30 | -15.23x |
| 2017-03-31 | -25.64x |
| 2016-12-31 | -4.81x |
| 2016-09-30 | -18.11x |
| 2016-06-30 | -14.18x |
| 2016-03-31 | -23.33x |
| 2015-12-31 | -20.20x |
| 2015-09-30 | -23.28x |
| 2015-06-30 | -15.84x |
| 2015-03-31 | -8.31x |
| 2014-12-31 | -4.71x |
| 2014-09-30 | -9.76x |
| 2014-06-30 | -6.74x |
| 2014-03-31 | -4.74x |
| 2013-09-30 | -1.12x |
| 2013-06-30 | 3.90x |
| 2013-03-31 | 1.65x |
| 2012-12-31 | 5.37x |
| 2012-09-30 | 0.24x |
| 2012-06-30 | 3.16x |
| 2012-03-31 | -5.71x |
| 2011-12-31 | -0.47x |
| 2011-09-30 | -1.56x |
| 2010-09-30 | -3.24x |
| 2010-06-30 | -11.58x |
| 2010-03-31 | -14.54x |
| 2009-12-31 | -4.38x |
| 2009-09-30 | -5.25x |
| 2009-06-30 | -5.87x |
| 2008-12-31 | 46.34x |