Interest Coverage Ratio: 5.72x
Is the interest coverage ratio high or low?
The interest coverage ratio of 5.72x is 117% above its 5-year average of 2.64x, around the middle of its 5-year range (-53.96x–57.28x).
As of Sunday, June 28, 2026. 9.22% above its 12-month average of 5.23x.
BIT Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
BIT Average Interest Coverage Ratio Chart
BIT Current vs Average Interest Coverage Ratio Chart
BIT Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
5.72x
INTEREST COVERAGE RATIO AVG TTM
5.23x
INTEREST COVERAGE RATIO AVG 3Y
4.04x
INTEREST COVERAGE RATIO AVG 5Y
2.64x
INTEREST COVERAGE RATIO AVG 10Y
0.17x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.22%
CURRENT VS 3Y AVG
+41.64%
CURRENT VS 5Y AVG
+116.68%
CURRENT VS 10Y AVG
+3364.08%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
BIT Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock Multi-Sector Income Trust (BIT) | $529.65M | 5.72x | 5.23x | 4.04x | 2.64x |
| Lufax Holding Ltd (LU)vs › | $532.47M | -0.46x | 2.08x | 2.33x | 3.20x |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.36M | N/A | N/A | N/A | N/A |
| Washington Trust Bancorp, Inc. (WASH)vs › | $703.33M | 0.41x | 0.41x | 1.04x | 2.23x |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 5.24x | 5.03x | 5.72x | 6.69x |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.66x | 0.57x | 1.80x | 1.87x |
| Franklin Universal Trust (FT)vs › | $202.31M | 6.31x | 7.93x | 7.93x | 9.66x |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $157.96M | 6.06x | 6.06x | 6.06x | 6.06x |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $157.50M | N/A | N/A | N/A | N/A |
Financial Health Indicators
Interest Coverage
5.7x
Debt/Equity
0.42
Current Ratio
0.06
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 BlackRock Multi-Sector Income Trust (BIT)?
- The interest coverage ratio for BIT stock is 5.72x.
- Is BlackRock Multi-Sector Income Trust's interest coverage ratio high or low?
- The interest coverage ratio of 5.72x is 117% above its 5-year average of 2.64x, around the middle of its 5-year range (-53.96x–57.28x).
- What is the TTM average interest coverage ratio for BlackRock Multi-Sector Income Trust (BIT)?
- The TTM average interest coverage ratio for BIT stock is 5.23x.
- What is the 3Y average interest coverage ratio for BlackRock Multi-Sector Income Trust (BIT)?
- The 3Y average interest coverage ratio for BIT stock is 4.04x.
- What is the 5Y average interest coverage ratio for BlackRock Multi-Sector Income Trust (BIT)?
- The 5Y average interest coverage ratio for BIT stock is 2.64x.
- What is the 10Y average interest coverage ratio for BlackRock Multi-Sector Income Trust (BIT)?
- The 10Y average interest coverage ratio for BIT stock is 0.17x.
BIT Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2025-12-31 | 5.72x |
| 2025-06-30 | 4.75x |
| 2023-10-31 | 0.03x |
| 2023-04-30 | 5.64x |
| 2022-10-31 | -8.16x |
| 2022-04-30 | -53.96x |
| 2021-10-31 | 9.80x |
| 2021-04-30 | 57.28x |
| 2020-10-31 | 92.15x |
| 2020-04-30 | -15.24x |
| 2019-10-31 | -4.38x |
| 2017-10-31 | 1.18x |
| 2017-04-30 | 1.65x |
| 2016-10-31 | 2.19x |
| 2016-04-30 | -1.19x |
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- John Perlowski