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 -4.10x is 127% below its 5-year average of 15.10x, around the middle of its 5-year range (-55.17x–48.78x).
3081.83% below its 12-month average of -0.13x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): -42.45x.
INTEREST COVERAGE RATIO
-4.10x
INTEREST COVERAGE RATIO AVG TTM
-0.13x
INTEREST COVERAGE RATIO AVG 3Y
13.55x
INTEREST COVERAGE RATIO AVG 5Y
15.10x
INTEREST COVERAGE RATIO AVG 10Y
14.77x
INTEREST COVERAGE RATIO AVG 15Y
14.17x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3081.83%
CURRENT VS 3Y AVG
-130.25%
CURRENT VS 5Y AVG
-127.15%
CURRENT VS 10Y AVG
-127.75%
CURRENT VS 15Y AVG
-128.93%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-144.93%
vs the sector median at left
Air Products and Chemicals, Inc.
Market Cap
$64.70B
Interest Coverage Ratio
-4.10x
TTM Avg
-0.13x
3Y Avg
13.55x
5Y Avg
15.10x
Market Cap
$61.71B
Interest Coverage Ratio
7.12x
TTM Avg
8.31x
3Y Avg
10.42x
5Y Avg
10.10x
Market Cap
$68.13B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
Market Cap
$58.94B
Interest Coverage Ratio
15.64x
TTM Avg
14.36x
3Y Avg
18.01x
5Y Avg
31.83x
Market Cap
$71.54B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$55.77B
Interest Coverage Ratio
14.55x
TTM Avg
11.78x
3Y Avg
14.25x
5Y Avg
19.94x
Market Cap
$77.28B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$78.46B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Air Products and Chemicals, Inc. (APD) | $64.70B | -4.10x | -0.13x | 13.55x | 15.10x |
| Vale S.A. (VALE)vs › | $61.71B | 7.12x | 8.31x | 10.42x | 10.10x |
| Wheaton Precious Metals Corp. (WPM)vs › | $68.13B | 276.45x | 194.16x | 143.86x | 122.90x |
| Nucor Corporation (NUE)vs › | $58.94B | 15.64x | 14.36x | 18.01x | 31.83x |
| CRH plc (CRH)vs › | $58.59B | 6.57x | 7.45x | 9.95x | 8.88x |
| Barrick Mining Corporation (B)vs › | $71.54B | 22.63x | 16.58x | 12.59x | 12.71x |
| Corteva, Inc. (CTVA)vs › | $55.77B | 14.55x | 11.78x | 14.25x | 19.94x |
| Ecolab Inc. (ECL)vs › | $77.28B | 12.08x | 9.90x | 8.00x | 7.79x |
| The Sherwin-Williams Company (SHW)vs › | $78.46B | 8.11x | 8.41x | 8.15x | 8.08x |
| AngloGold Ashanti plc (AU)vs › | $50.93B | 20.30x | 14.98x | 9.50x | 9.56x |
Interest Coverage
-4.1x
Debt/Equity
1.31
Current Ratio
1.08
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 | -42.45x |
| 2026-03-31 | 15.21x |
| 2025-12-31 | 13.48x |
| 2025-09-30 | 0.25x |
| 2025-06-30 | 12.88x |
| 2025-03-31 | -55.17x |
| 2024-12-31 | 15.11x |
| 2024-09-30 | 48.78x |
| 2024-06-30 | 13.24x |
| 2024-03-31 | 10.64x |
| 2023-12-31 | 12.47x |
| 2023-09-30 | 15.39x |
| 2023-06-30 | 13.59x |
| 2023-03-31 | 11.24x |
| 2022-12-31 | 15.83x |
| 2022-09-30 | 19.28x |
| 2022-06-30 | 19.19x |
| 2022-03-31 | 17.40x |
| 2021-12-31 | 17.15x |
| 2021-09-30 | 18.46x |
| 2021-06-30 | 16.21x |
| 2021-03-31 | 15.19x |
| 2020-12-31 | 14.69x |
| 2020-09-30 | 14.29x |
| 2020-06-30 | 16.80x |
| 2020-03-31 | 29.91x |
| 2019-12-31 | 30.00x |
| 2019-09-30 | 20.04x |
| 2019-06-30 | 16.66x |
| 2019-03-31 | 14.59x |
| 2018-12-31 | 12.20x |
| 2018-09-30 | 15.08x |
| 2018-06-30 | 14.78x |
| 2018-03-31 | 14.98x |
| 2017-12-31 | 15.46x |
| 2017-09-30 | 14.80x |
| 2017-06-30 | 8.68x |
| 2017-03-31 | 12.97x |
| 2016-12-31 | 11.13x |
| 2016-09-30 | 16.78x |
| 2016-06-30 | 11.24x |
| 2016-03-31 | 14.46x |
| 2015-12-31 | 16.78x |
| 2015-09-30 | 20.71x |
| 2015-06-30 | 15.06x |
| 2015-03-31 | 16.11x |
| 2014-12-31 | 14.78x |
| 2014-09-30 | 4.97x |
| 2014-06-30 | 13.22x |
| 2014-03-31 | 12.21x |
| 2013-12-31 | 11.58x |
| 2013-09-30 | 5.06x |
| 2013-06-30 | 10.82x |
| 2013-03-31 | 11.07x |
| 2012-12-31 | 10.40x |
| 2012-09-30 | 4.06x |
| 2012-06-30 | 18.57x |
| 2012-03-31 | 9.79x |
| 2011-12-31 | 12.03x |
| 2011-09-30 | 14.87x |
| 2011-06-30 | 15.73x |
| 2011-03-31 | 14.27x |
| 2010-12-31 | 11.63x |
| 2010-09-30 | 11.92x |
| 2010-06-30 | 11.21x |
| 2010-03-31 | 11.55x |
| 2009-12-31 | 10.92x |
| 2009-09-30 | 11.76x |
| 2009-06-30 | 5.23x |
| 2009-03-31 | 8.68x |
| 2008-12-31 | 3.13x |
