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 -17.48x is 8466% below its 5-year average of -0.20x, near the low end of its 5-year range (-38.20x–100.15x).
15.65% above its 12-month average of -20.72x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2025 (2025-12-31): -9.80x.
INTEREST COVERAGE RATIO
-17.48x
INTEREST COVERAGE RATIO AVG TTM
-20.72x
INTEREST COVERAGE RATIO AVG 3Y
-12.48x
INTEREST COVERAGE RATIO AVG 5Y
-0.20x
INTEREST COVERAGE RATIO AVG 10Y
3.86x
INTEREST COVERAGE RATIO AVG 15Y
10.80x
INTEREST COVERAGE RATIO AVG 20Y
16.00x
CURRENT VS TTM AVG
+15.65%
CURRENT VS 3Y AVG
-40.06%
CURRENT VS 5Y AVG
-8465.58%
CURRENT VS 10Y AVG
-552.56%
CURRENT VS 15Y AVG
-261.85%
CURRENT VS 20Y AVG
-209.22%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-324.68%
vs the sector median at left
AXT, Inc.
Market Cap
$3.35B
Interest Coverage Ratio
-17.48x
TTM Avg
-20.72x
3Y Avg
-12.48x
5Y Avg
-0.20x
Market Cap
$3.52B
Interest Coverage Ratio
22.24x
TTM Avg
30.41x
3Y Avg
37.16x
5Y Avg
31.02x
Market Cap
$2.94B
Interest Coverage Ratio
7.30x
TTM Avg
11.54x
3Y Avg
18.30x
5Y Avg
14.33x
Market Cap
$3.97B
Interest Coverage Ratio
0.46x
TTM Avg
13.19x
3Y Avg
13.19x
5Y Avg
13.19x
Market Cap
$2.71B
Interest Coverage Ratio
3.91x
TTM Avg
4.98x
3Y Avg
5.29x
5Y Avg
4.01x
Market Cap
$2.71B
Interest Coverage Ratio
-1.86x
TTM Avg
51.25x
3Y Avg
51.25x
5Y Avg
51.25x
Market Cap
$4.09B
Interest Coverage Ratio
13.99x
TTM Avg
15.58x
3Y Avg
15.53x
5Y Avg
15.53x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AXT, Inc. (AXTI) | $3.35B | -17.48x | -20.72x | -12.48x | -0.20x |
| Axcelis Technologies, Inc. (ACLS)vs › | $3.52B | 22.24x | 30.41x | 37.16x | 31.02x |
| monday.com Ltd. (MNDY)vs › | $3.58B | N/A | N/A | N/A | N/A |
| Ambarella, Inc. (AMBA)vs › | $2.97B | N/A | N/A | N/A | N/A |
| Bel Fuse Inc. (BELFB)vs › | $2.94B | 7.30x | 11.54x | 18.30x | 14.33x |
| Wix.com Ltd. (WIX)vs › | $3.97B | 0.46x | 13.19x | 13.19x | 13.19x |
| Veeco Instruments Inc. (VECO)vs › | $2.71B | 3.91x | 4.98x | 5.29x | 4.01x |
| Bitdeer Technologies Group (BTDR)vs › | $2.71B | -1.86x | 51.25x | 51.25x | 51.25x |
| Itron, Inc. (ITRI)vs › | $4.09B | 13.99x | 15.58x | 15.53x | 15.53x |
| nCino, Inc. (NCNO)vs › | $2.39B | 0.21x | 0.21x | 0.21x | 0.21x |
Interest Coverage
-17.5x
Debt/Equity
0.10
Current Ratio
4.77
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 |
|---|---|
| 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 |
