Basis: Latest reported fiscal quarter. 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 -15.69x is 414% below its 5-year average of 5.00x, near the low end of its 5-year range (-38.20x–100.15x).
As of the fiscal period ended Tuesday, March 31, 2026. 21.48% above its 12-month average of -19.99x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-15.69x
INTEREST COVERAGE RATIO AVG TTM
-19.99x
INTEREST COVERAGE RATIO AVG 3Y
-11.78x
INTEREST COVERAGE RATIO AVG 5Y
0.24x
INTEREST COVERAGE RATIO AVG 10Y
3.05x
INTEREST COVERAGE RATIO AVG 15Y
6.34x
INTEREST COVERAGE RATIO AVG 20Y
14.98x
CURRENT VS TTM AVG
+21.48%
CURRENT VS 3Y AVG
-33.23%
CURRENT VS 5Y AVG
-6578.48%
CURRENT VS 10Y AVG
-614.92%
CURRENT VS 15Y AVG
-347.35%
CURRENT VS 20Y AVG
-204.75%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 141 covered companies
CURRENT VS SECTOR MEDIAN
-301.71%
vs the sector median at left
AXT, Inc.
Market Cap
$2.28B
Interest Coverage Ratio
-15.69x
TTM Avg
-19.99x
3Y Avg
-11.78x
5Y Avg
0.24x
Market Cap
$2.55B
Interest Coverage Ratio
-17.35x
TTM Avg
18.61x
3Y Avg
9.52x
5Y Avg
9.52x
Market Cap
$2.98B
Interest Coverage Ratio
-5.93x
TTM Avg
10.16x
3Y Avg
6.62x
5Y Avg
7.93x
Market Cap
$3.11B
Interest Coverage Ratio
3.91x
TTM Avg
4.98x
3Y Avg
5.29x
5Y Avg
4.01x
Market Cap
$946.53M
Interest Coverage Ratio
-235.09x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$891.52M
Interest Coverage Ratio
5.30x
TTM Avg
3.89x
3Y Avg
4.30x
5Y Avg
3.39x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AXT, Inc. (AXTI) | $2.28B | -15.69x | -19.99x | -11.78x | 0.24x |
| Keel Infrastructure Corp. (KEEL)vs › | $2.55B | -17.35x | 18.61x | 9.52x | 9.52x |
| Asana, Inc. (ASAN)vs › | $1.79B | -62.68x | N/A | N/A | N/A |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.98B | -5.93x | 10.16x | 6.62x | 7.93x |
| Ambarella, Inc. (AMBA)vs › | $3.00B | N/A | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $3.11B | 3.91x | 4.98x | 5.29x | 4.01x |
| C3.ai, Inc. (AI)vs › | $1.30B | N/A | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $946.53M | -235.09x | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $891.52M | 5.30x | 3.89x | 4.30x | 3.39x |
| PagerDuty, Inc. (PD)vs › | $874.27M | 0.66x | 0.66x | 0.66x | 0.66x |
Interest Coverage
-15.7x
Debt/Equity
0.24
Current Ratio
2.72
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 |
|---|---|
| 2026-03-31 | -15.69x |
| 2025-12-31 | -9.80x |
| 2025-09-30 | -2.84x |
| 2025-06-30 | -33.39x |
| 2025-03-31 | -38.20x |
| 2024-12-31 | -19.39x |
| 2024-09-30 | -8.71x |
| 2024-06-30 | -6.68x |
| 2024-03-31 | -9.59x |
| 2023-12-31 | -9.27x |
| 2023-09-30 | -17.66x |
| 2023-06-30 | -18.75x |
| 2023-03-31 | -11.18x |
| 2022-12-31 | -2.50x |
| 2022-09-30 | 15.27x |
| 2022-06-30 | 28.13x |
| 2022-03-31 | 20.21x |
| 2021-12-31 | 19.20x |
| 2021-09-30 | 54.45x |
| 2021-06-30 | 100.15x |
| 2021-03-31 | 71.22x |
| 2020-12-31 | 46.80x |
| 2020-09-30 | 31.10x |
| 2020-06-30 | 12.26x |
| 2020-03-31 | -21.86x |
| 2011-12-31 | 17.50x |
| 2011-06-30 | 139.32x |
| 2011-03-31 | 74.31x |
| 2010-12-31 | 151.86x |
| 2010-09-30 | 258.54x |
| 2010-06-30 | 199.24x |
| 2010-03-31 | 190.80x |
| 2009-12-31 | 51.40x |
| 2009-09-30 | 47.56x |
| 2009-06-30 | -38.97x |
| 2009-03-31 | -118.41x |
| 2004-12-31 | -10.21x |
| 2004-09-30 | -91.15x |
| 2004-06-30 | -65.53x |
| 2004-03-31 | -23.65x |
| 2003-12-31 | -4.30x |
| 2003-09-30 | -16.93x |
| 2003-06-30 | -23.26x |
| 2003-03-31 | -18.19x |
| 2002-12-31 | -11.64x |
| 2002-09-30 | -68.55x |
| 2002-06-30 | -73.44x |
