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 -42.05x is 51% above its 5-year average of -85.83x, near the high end of its 5-year range (-146.46x–-26.18x).
3.96% above its 12-month average of -43.78x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -30.35x.
INTEREST COVERAGE RATIO
-42.05x
INTEREST COVERAGE RATIO AVG TTM
-43.78x
INTEREST COVERAGE RATIO AVG 3Y
-77.99x
INTEREST COVERAGE RATIO AVG 5Y
-85.83x
INTEREST COVERAGE RATIO AVG 10Y
-49.82x
INTEREST COVERAGE RATIO AVG 15Y
-37.91x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+3.96%
CURRENT VS 3Y AVG
+46.09%
CURRENT VS 5Y AVG
+51.01%
CURRENT VS 10Y AVG
+15.59%
CURRENT VS 15Y AVG
-10.93%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.59x
median of 308 covered companies
CURRENT VS SECTOR MEDIAN
-1269.68%
vs the sector median at left
Ballard Power Systems Inc.
Market Cap
$634.61M
Interest Coverage Ratio
-42.05x
TTM Avg
-43.78x
3Y Avg
-77.99x
5Y Avg
-85.83x
Market Cap
$607.17M
Interest Coverage Ratio
0.32x
TTM Avg
0.21x
3Y Avg
0.94x
5Y Avg
1.05x
Market Cap
$594.10M
Interest Coverage Ratio
-8.17x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$687.92M
Interest Coverage Ratio
6.01x
TTM Avg
4.55x
3Y Avg
3.77x
5Y Avg
9.63x
Market Cap
$576.21M
Interest Coverage Ratio
0.01x
TTM Avg
0.01x
3Y Avg
1.85x
5Y Avg
2.49x
Market Cap
$698.90M
Interest Coverage Ratio
N/A
TTM Avg
12271.51x
3Y Avg
12271.51x
5Y Avg
14611.88x
Market Cap
$719.52M
Interest Coverage Ratio
2.74x
TTM Avg
2.84x
3Y Avg
2.84x
5Y Avg
2.84x
Market Cap
$547.43M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$744.91M
Interest Coverage Ratio
-1.33x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ballard Power Systems Inc. (BLDP) | $634.61M | -42.05x | -43.78x | -77.99x | -85.83x |
| Matthews International Corporation (MATW)vs › | $607.17M | 0.32x | 0.21x | 0.94x | 1.05x |
| Enovix Corporation (ENVX)vs › | $594.10M | -8.17x | N/A | N/A | N/A |
| Kimball Electronics, Inc. (KE)vs › | $687.92M | 6.01x | 4.55x | 3.77x | 9.63x |
| Hertz Global Holdings, Inc. (HTZ)vs › | $576.21M | 0.01x | 0.01x | 1.85x | 2.49x |
| Cass Information Systems, Inc. (CASS)vs › | $698.90M | N/A | 12271.51x | 12271.51x | 14611.88x |
| Elmet Group Co. (ELMT)vs › | $719.52M | 2.74x | 2.84x | 2.84x | 2.84x |
| Kelly Services, Inc. (KELYA)vs › | $547.43M | N/A | 7.32x | 11.36x | 16.35x |
| ADS-TEC Energy PLC (ADSE)vs › | $744.91M | -1.33x | N/A | N/A | N/A |
| Bowman Consulting Group Ltd. (BWMN)vs › | $749.49M | N/A | 0.88x | 2.46x | 2.46x |
Interest Coverage
-42.0x
Debt/Equity
0.04
Current Ratio
11.19
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 | -30.35x |
| 2026-03-31 | -29.63x |
| 2025-12-31 | -26.18x |
| 2025-09-30 | -66.08x |
| 2025-06-30 | -66.67x |
| 2025-03-31 | -56.32x |
| 2024-12-31 | -67.51x |
| 2024-09-30 | -106.79x |
| 2024-06-30 | -69.15x |
| 2024-03-31 | -98.32x |
| 2023-12-31 | -145.37x |
| 2023-09-30 | -131.17x |
| 2023-06-30 | -120.37x |
| 2023-03-31 | -146.46x |
| 2022-12-31 | -133.40x |
| 2022-09-30 | -127.16x |
| 2022-06-30 | -119.60x |
| 2022-03-31 | -67.22x |
| 2021-09-30 | -51.92x |
| 2021-06-30 | -56.94x |
| 2021-03-31 | -42.39x |
| 2020-12-31 | -42.31x |
| 2020-09-30 | -16.74x |
| 2020-06-30 | -20.98x |
| 2020-03-31 | -31.12x |
| 2019-12-31 | -19.61x |
| 2019-09-30 | -18.90x |
| 2019-06-30 | -12.50x |
| 2019-03-31 | -23.94x |
| 2018-12-31 | -51.64x |
| 2018-09-30 | -43.58x |
| 2018-06-30 | -24.71x |
| 2018-03-31 | -45.84x |
| 2017-12-31 | -3.51x |
| 2017-09-30 | -4.20x |
| 2017-06-30 | -5.50x |
| 2017-03-31 | -13.63x |
| 2016-12-31 | 2.26x |
| 2016-09-30 | -21.88x |
| 2016-06-30 | -27.61x |
| 2016-03-31 | -56.92x |
| 2015-12-31 | -26.37x |
| 2015-09-30 | -24.92x |
| 2015-06-30 | -37.11x |
| 2015-03-31 | -36.46x |
| 2014-12-31 | -75.61x |
| 2014-09-30 | -9.95x |
| 2014-06-30 | -16.71x |
| 2014-03-31 | -17.12x |
| 2013-12-31 | -9.78x |
| 2013-09-30 | -12.82x |
| 2013-06-30 | -11.57x |
| 2013-03-31 | -17.07x |
| 2012-12-31 | -23.80x |
| 2012-09-30 | -9.34x |
| 2012-06-30 | -15.51x |
| 2012-03-31 | -20.30x |
| 2011-09-30 | -8.44x |
| 2011-06-30 | -26.45x |
| 2011-03-31 | -38.71x |
| 2010-12-31 | -31.13x |
| 2010-09-30 | -39.29x |
| 2010-06-30 | -29.53x |
| 2010-03-31 | -131.79x |
