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 2454.22x is 250% above its 5-year average of 701.34x, near the high end of its 5-year range (-476.25x–2667.86x).
As of the fiscal period ended Thursday, June 30, 2022. 63.94% above its 12-month average of 1497.06x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2022 (2022-06-30): 2454.22x.
INTEREST COVERAGE RATIO
2454.22x
INTEREST COVERAGE RATIO AVG TTM
1497.06x
INTEREST COVERAGE RATIO AVG 3Y
1161.14x
INTEREST COVERAGE RATIO AVG 5Y
701.34x
INTEREST COVERAGE RATIO AVG 10Y
61.69x
INTEREST COVERAGE RATIO AVG 15Y
54.34x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+63.94%
CURRENT VS 3Y AVG
+111.36%
CURRENT VS 5Y AVG
+249.93%
CURRENT VS 10Y AVG
+3878.23%
CURRENT VS 15Y AVG
+4416.74%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.41x
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+32998.07%
vs the sector median at left
Badger Meter, Inc.
Market Cap
$3.75B
Interest Coverage Ratio
2454.22x
TTM Avg
1497.06x
3Y Avg
1161.14x
5Y Avg
701.34x
Market Cap
$3.87B
Interest Coverage Ratio
-11.44x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.91B
Interest Coverage Ratio
6.80x
TTM Avg
6.42x
3Y Avg
9.68x
5Y Avg
10.14x
Market Cap
$3.58B
Interest Coverage Ratio
74.24x
TTM Avg
62.56x
3Y Avg
38.06x
5Y Avg
31.00x
Market Cap
$3.38B
Interest Coverage Ratio
7.03x
TTM Avg
6.04x
3Y Avg
4.85x
5Y Avg
4.07x
Market Cap
$3.28B
Interest Coverage Ratio
N/A
TTM Avg
3338.36x
3Y Avg
2738.61x
5Y Avg
2738.61x
Market Cap
$4.28B
Interest Coverage Ratio
14.42x
TTM Avg
9.64x
3Y Avg
6.88x
5Y Avg
8.05x
Market Cap
$3.20B
Interest Coverage Ratio
7.14x
TTM Avg
12.35x
3Y Avg
22.61x
5Y Avg
20.09x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Badger Meter, Inc. (BMI) | $3.75B | 2454.22x | 1497.06x | 1161.14x | 701.34x |
| Firefly Aerospace Inc. (FLY)vs › | $3.87B | -11.44x | N/A | N/A | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 6.80x | 6.42x | 9.68x | 10.14x |
| Teekay Tankers Ltd. (TNK)vs › | $3.58B | 74.24x | 62.56x | 38.06x | 31.00x |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 7.03x | 6.04x | 4.85x | 4.07x |
| Exponent, Inc. (EXPO)vs › | $3.28B | N/A | 3338.36x | 2738.61x | 2738.61x |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 14.42x | 9.64x | 6.88x | 8.05x |
| KBR, Inc. (KBR)vs › | $4.29B | 3.59x | 4.09x | 4.03x | 3.78x |
| Atkore Inc. (ATKR)vs › | $3.20B | 7.14x | 12.35x | 22.61x | 20.09x |
| CECO Environmental Corp. (CECO)vs › | $4.36B | 2.47x | 2.60x | 2.97x | 3.16x |
Interest Coverage
2454.2x
Debt/Equity
0.00
Current Ratio
2.42
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 |
|---|---|
| 2022-06-30 | 2454.22x |
| 2022-03-31 | 1450.92x |
| 2021-12-31 | -476.25x |
| 2021-09-30 | 1388.57x |
| 2021-06-30 | 2667.86x |
| 2021-03-31 | 2535.29x |
| 2020-12-31 | 1413.50x |
| 2020-06-30 | 395.75x |
| 2020-03-31 | 516.61x |
| 2019-09-30 | 249.17x |
| 2019-06-30 | 176.86x |
| 2019-03-31 | 111.06x |
| 2018-12-31 | 90.86x |
| 2018-09-30 | 53.34x |
| 2018-06-30 | 39.98x |
| 2018-03-31 | 34.39x |
| 2017-12-31 | 59.24x |
| 2017-09-30 | 51.29x |
| 2017-06-30 | 112.86x |
| 2017-03-31 | 75.67x |
| 2016-12-31 | 43.31x |
| 2016-09-30 | 65.46x |
| 2016-06-30 | 65.45x |
| 2016-03-31 | 47.43x |
| 2015-12-31 | 34.46x |
| 2015-09-30 | 44.67x |
| 2015-06-30 | 38.19x |
| 2015-03-31 | 22.25x |
| 2014-12-31 | 31.36x |
| 2014-09-30 | 58.55x |
| 2014-06-30 | 45.73x |
| 2014-03-31 | 26.43x |
| 2013-12-31 | 40.74x |
| 2013-09-30 | 52.55x |
| 2013-06-30 | 30.60x |
| 2013-03-31 | 19.05x |
| 2012-12-31 | 32.77x |
| 2012-09-30 | 49.34x |
| 2012-06-30 | 47.71x |
| 2012-03-31 | 49.70x |
| 2011-12-31 | 10.97x |
| 2011-06-30 | 127.89x |
| 2011-03-31 | 46.77x |
| 2010-12-31 | 47.12x |
| 2010-06-30 | 162.28x |
| 2010-03-31 | 87.46x |
| 2009-09-30 | 11.09x |
| 2009-06-30 | 41.23x |
| 2009-03-31 | 28.67x |
| 2008-12-31 | 7.50x |
| 2007-12-31 | 5.55x |