Interest Coverage Ratio: -22.64x
Is the interest coverage ratio high or low?
The interest coverage ratio of -22.64x is 79% above its 5-year average of -107.82x, near the high end of its 5-year range (-357.79x–-4.82x).
As of Sunday, June 28, 2026. 54.65% above its 12-month average of -49.92x.
ASAN Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
ASAN Average Interest Coverage Ratio Chart
ASAN Current vs Average Interest Coverage Ratio Chart
ASAN Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-22.64x
INTEREST COVERAGE RATIO AVG TTM
-49.92x
INTEREST COVERAGE RATIO AVG 3Y
-70.19x
INTEREST COVERAGE RATIO AVG 5Y
-58.70x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+54.65%
CURRENT VS 3Y AVG
+67.75%
CURRENT VS 5Y AVG
+61.43%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ASAN Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $1.66B | -22.64x | -49.92x | -70.19x | -58.70x |
| C3.ai, Inc. (AI)vs › | $1.26B | N/A | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $1.25B | -235.09x | N/A | N/A | N/A |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.00B | N/A | 0.64x | 0.64x | 0.64x |
| ZoomInfo Technologies Inc. (GTM)vs › | $851.74M | 5.30x | 3.89x | 4.30x | 3.39x |
| Oddity Tech Ltd. (ODD)vs › | $846.98M | N/A | 1521.05x | 771.65x | 518.88x |
| PagerDuty, Inc. (PD)vs › | $829.12M | 0.66x | 0.66x | 0.66x | 0.66x |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $726.60M | N/A | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $679.64M | 0.59x | 0.59x | 0.59x | 21.99x |
| LightPath Technologies, Inc. (LPTH)vs › | $628.65M | -10.57x | 6.32x | 6.11x | 17.93x |
Financial Health Indicators
Interest Coverage
-22.6x
Debt/Equity
1.62
Current Ratio
1.18
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Asana, Inc. (ASAN)?
- The interest coverage ratio for ASAN stock is -22.64x.
- Is Asana, Inc.'s interest coverage ratio high or low?
- The interest coverage ratio of -22.64x is 79% above its 5-year average of -107.82x, near the high end of its 5-year range (-357.79x–-4.82x).
- What is the TTM average interest coverage ratio for Asana, Inc. (ASAN)?
- The TTM average interest coverage ratio for ASAN stock is -49.92x.
- What is the 3Y average interest coverage ratio for Asana, Inc. (ASAN)?
- The 3Y average interest coverage ratio for ASAN stock is -70.19x.
- What is the 5Y average interest coverage ratio for Asana, Inc. (ASAN)?
- The 5Y average interest coverage ratio for ASAN stock is -58.70x.
ASAN Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-04-30 | -22.64x |
| 2026-01-31 | -18.14x |
| 2025-10-31 | -91.25x |
| 2025-07-31 | -62.05x |
| 2025-04-30 | -55.50x |
| 2025-01-31 | -74.63x |
| 2024-10-31 | -64.43x |
| 2024-07-31 | -80.42x |
| 2024-04-30 | -70.24x |
| 2024-01-31 | -67.61x |
| 2023-10-31 | -62.67x |
| 2023-07-31 | -75.81x |
| 2023-04-30 | -67.47x |
| 2023-01-31 | -113.39x |
| 2022-10-31 | -221.24x |
| 2022-07-31 | -357.79x |
| 2022-04-30 | -269.56x |
| 2022-01-31 | -283.59x |
| 2021-10-31 | -192.88x |
| 2021-07-31 | -8.17x |
| 2021-04-30 | -4.82x |
| 2021-01-31 | -4.87x |
| 2020-10-31 | -5.98x |
| 2020-07-31 | -4.02x |
| 2020-04-30 | -4.16x |
| 2020-01-31 | -324.38x |
About Asana, Inc.
Asana, Inc., alongside its subsidiaries, offers a comprehensive work management platform designed for individual contributors, team leaders, and top executives across the United States and globally. This platform empowers teams to coordinate diverse types of work, from routine daily tasks to complex, company-wide strategic initiatives. It facilitates the management of various projects, including new product rollouts, marketing campaigns, and the establishment of organizational goals. Asana serves a wide array of clients in sectors such as technology, retail, education, non-profit organizations, government, healthcare, media, and financial services. The company was founded in 2008 as Smiley Abstractions, Inc., and officially changed its name to Asana, Inc. in July 2009. Its corporate headquarters are situated in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Daniel Mark Rogers