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 32% above its 5-year average of 3.11x, near the high end of its 5-year range (1.68x–5.06x).
0.71% above its 12-month average of 4.07x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 4.64x.
INTEREST COVERAGE RATIO
4.10x
INTEREST COVERAGE RATIO AVG TTM
4.07x
INTEREST COVERAGE RATIO AVG 3Y
3.31x
INTEREST COVERAGE RATIO AVG 5Y
3.11x
INTEREST COVERAGE RATIO AVG 10Y
2.99x
INTEREST COVERAGE RATIO AVG 15Y
2.75x
INTEREST COVERAGE RATIO AVG 20Y
2.63x
CURRENT VS TTM AVG
+0.71%
CURRENT VS 3Y AVG
+23.89%
CURRENT VS 5Y AVG
+31.77%
CURRENT VS 10Y AVG
+37.06%
CURRENT VS 15Y AVG
+49.02%
CURRENT VS 20Y AVG
+55.79%
SECTOR MEDIAN · UTILITIES
2.35x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+74.47%
vs the sector median at left
Artesian Resources Corporation
Market Cap
$345.25M
Interest Coverage Ratio
4.10x
TTM Avg
4.07x
3Y Avg
3.31x
5Y Avg
3.11x
Market Cap
$367.57M
Interest Coverage Ratio
N/A
TTM Avg
8.78x
3Y Avg
8.78x
5Y Avg
8.78x
Market Cap
$310.19M
Interest Coverage Ratio
-5.81x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$300.19M
Interest Coverage Ratio
-2.81x
TTM Avg
0.51x
3Y Avg
0.51x
5Y Avg
0.51x
Market Cap
$251.20M
Interest Coverage Ratio
-2.81x
TTM Avg
0.51x
3Y Avg
0.51x
5Y Avg
0.51x
Market Cap
$230.40M
Interest Coverage Ratio
1.20x
TTM Avg
1.37x
3Y Avg
1.73x
5Y Avg
1.60x
Market Cap
$485.13M
Interest Coverage Ratio
4131.78x
TTM Avg
2155.65x
3Y Avg
1191.65x
5Y Avg
971.03x
Market Cap
$657.47M
Interest Coverage Ratio
3.61x
TTM Avg
3.61x
3Y Avg
3.64x
5Y Avg
2.79x
Market Cap
$14.76M
Interest Coverage Ratio
-385.60x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Artesian Resources Corporation (ARTNA) | $345.25M | 4.10x | 4.07x | 3.31x | 3.11x |
| Digi Power X Inc. (DGXX)vs › | $367.57M | N/A | 8.78x | 8.78x | 8.78x |
| Terrestrial Energy Inc. (IMSR)vs › | $310.19M | -5.81x | N/A | N/A | N/A |
| Cadiz Inc. (CDZI)vs › | $300.19M | -2.81x | 0.51x | 0.51x | 0.51x |
| Cadiz Inc. (CDZIP)vs › | $251.20M | -2.81x | 0.51x | 0.51x | 0.51x |
| Global Water Resources, Inc. (GWRS)vs › | $230.40M | 1.20x | 1.37x | 1.73x | 1.60x |
| Consolidated Water Co. Ltd. (CWCO)vs › | $485.13M | 4131.78x | 2155.65x | 1191.65x | 971.03x |
| Hallador Energy Company (HNRG)vs › | $657.47M | 3.61x | 3.61x | 3.64x | 2.79x |
| Fusion Fuel Green PLC (HTOO)vs › | $14.76M | -385.60x | N/A | N/A | N/A |
| XPLR Infrastructure, LP (XIFR)vs › | $960.64M | 0.13x | 0.13x | 0.09x | 0.20x |
Interest Coverage
4.1x
Debt/Equity
0.72
Current Ratio
1.01
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 | 4.64x |
| 2026-03-31 | 3.74x |
| 2025-12-31 | 3.27x |
| 2025-09-30 | 5.06x |
| 2025-06-30 | 3.65x |
| 2025-03-31 | 2.56x |
| 2024-12-31 | 2.51x |
| 2024-09-30 | 3.92x |
| 2024-06-30 | 3.31x |
| 2024-03-31 | 2.18x |
| 2023-12-31 | 2.51x |
| 2023-09-30 | 3.02x |
| 2023-06-30 | 2.65x |
| 2023-03-31 | 1.68x |
| 2022-12-31 | 1.84x |
| 2022-09-30 | 3.62x |
| 2022-06-30 | 3.28x |
| 2022-03-31 | 2.51x |
| 2021-12-31 | 2.55x |
| 2021-09-30 | 3.61x |
| 2021-06-30 | 3.21x |
| 2021-03-31 | 2.36x |
| 2020-12-31 | 2.51x |
| 2020-09-30 | 3.60x |
| 2020-06-30 | 3.25x |
| 2020-03-31 | 2.35x |
| 2019-12-31 | 2.57x |
| 2019-09-30 | 3.25x |
| 2019-06-30 | 3.04x |
| 2019-03-31 | 2.49x |
| 2018-12-31 | 2.64x |
| 2018-09-30 | 3.39x |
| 2018-06-30 | 3.49x |
| 2018-03-31 | 2.65x |
| 2017-12-31 | 3.31x |
| 2017-09-30 | 3.56x |
| 2017-06-30 | 3.27x |
| 2017-03-31 | 2.56x |
| 2016-12-31 | 2.64x |
| 2016-09-30 | 3.61x |
| 2016-06-30 | 2.84x |
| 2016-03-31 | 2.26x |
| 2015-12-31 | 2.03x |
| 2015-09-30 | 3.08x |
| 2015-06-30 | 2.84x |
| 2015-03-31 | 2.10x |
| 2014-12-31 | 2.21x |
| 2014-09-30 | 2.49x |
| 2014-06-30 | 2.09x |
| 2014-03-31 | 1.81x |
| 2013-12-31 | 1.86x |
| 2013-09-30 | 2.42x |
| 2013-06-30 | 2.35x |
| 2013-03-31 | 1.57x |
| 2012-12-31 | 1.97x |
| 2012-09-30 | 2.57x |
| 2012-06-30 | 2.44x |
| 2012-03-31 | 2.98x |
| 2011-12-31 | 1.99x |
| 2011-09-30 | 2.41x |
| 2011-06-30 | 1.94x |
| 2011-03-31 | 1.20x |
| 2010-12-31 | 1.69x |
| 2010-09-30 | 2.56x |
| 2010-06-30 | 2.01x |
| 2010-03-31 | 1.55x |
| 2009-12-31 | 1.83x |
| 2009-09-30 | 2.13x |
| 2009-06-30 | 2.03x |
| 2009-03-31 | 1.57x |
| 2008-12-31 | 2.16x |
| 2008-09-30 | 3.46x |
| 2008-06-30 | 2.51x |
| 2008-03-31 | 1.72x |
| 2007-12-31 | 2.11x |
| 2007-09-30 | 3.99x |
| 2007-06-30 | 2.25x |
| 2006-12-31 | 2.96x |
| 2006-09-30 | 2.71x |
| 2006-06-30 | 2.38x |
| 2006-03-31 | 1.80x |
| 2005-12-31 | 2.25x |
| 2005-06-30 | 2.27x |
| 2005-03-31 | 1.79x |
| 2004-12-31 | 2.32x |
| 2004-06-30 | 2.03x |
| 2004-03-31 | 1.56x |
| 2003-12-31 | 1.93x |
| 2003-09-30 | 2.33x |
| 2003-03-31 | 1.23x |
| 2002-12-31 | 2.83x |
| 2002-09-30 | 3.27x |