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 7.51x is in line with its 5-year average of 7.38x, near the low end of its 5-year range (-25.68x–168.33x).
3.06% above its 12-month average of 7.29x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2026 (2026-06-30): 9.23x.
INTEREST COVERAGE RATIO
7.51x
INTEREST COVERAGE RATIO AVG TTM
7.29x
INTEREST COVERAGE RATIO AVG 3Y
9.01x
INTEREST COVERAGE RATIO AVG 5Y
7.38x
INTEREST COVERAGE RATIO AVG 10Y
7.82x
INTEREST COVERAGE RATIO AVG 15Y
10.63x
INTEREST COVERAGE RATIO AVG 20Y
11.16x
CURRENT VS TTM AVG
+3.06%
CURRENT VS 3Y AVG
-16.67%
CURRENT VS 5Y AVG
+1.75%
CURRENT VS 10Y AVG
-3.97%
CURRENT VS 15Y AVG
-29.38%
CURRENT VS 20Y AVG
-32.73%
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+9.08%
vs the sector median at left
Cardinal Health, Inc.
Market Cap
$54.79B
Interest Coverage Ratio
7.51x
TTM Avg
7.29x
3Y Avg
9.01x
5Y Avg
7.38x
Market Cap
$56.86B
Interest Coverage Ratio
-307.40x
TTM Avg
531.75x
3Y Avg
531.75x
5Y Avg
531.75x
Market Cap
$50.26B
Interest Coverage Ratio
4.21x
TTM Avg
4.38x
3Y Avg
4.79x
5Y Avg
4.28x
Market Cap
$49.06B
Interest Coverage Ratio
N/A
TTM Avg
75.36x
3Y Avg
70.16x
5Y Avg
63.82x
Market Cap
$62.82B
Interest Coverage Ratio
8.69x
TTM Avg
10.46x
3Y Avg
10.41x
5Y Avg
11.51x
Market Cap
$45.04B
Interest Coverage Ratio
2.35x
TTM Avg
2.35x
3Y Avg
1.39x
5Y Avg
1.57x
Market Cap
$44.42B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
Market Cap
$65.40B
Interest Coverage Ratio
11.38x
TTM Avg
9.10x
3Y Avg
7.54x
5Y Avg
6.16x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cardinal Health, Inc. (CAH) | $54.79B | 7.51x | 7.29x | 9.01x | 7.38x |
| Moderna, Inc. (MRNA)vs › | $56.86B | -307.40x | 531.75x | 531.75x | 531.75x |
| Becton, Dickinson and Company (BDX)vs › | $50.26B | 4.21x | 4.38x | 4.79x | 4.28x |
| Edwards Lifesciences Corporation (EW)vs › | $49.06B | N/A | 75.36x | 70.16x | 63.82x |
| Humana Inc. (HUM)vs › | $48.04B | 2.30x | 2.38x | 5.10x | 7.90x |
| Cencora, Inc. (COR)vs › | $62.82B | 8.69x | 10.46x | 10.41x | 11.51x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.04B | 2.35x | 2.35x | 1.39x | 1.57x |
| IQVIA Holdings Inc. (IQV)vs › | $44.42B | 3.14x | 3.21x | 3.42x | 3.19x |
| Boston Scientific Corporation (BSX)vs › | $65.40B | 11.38x | 9.10x | 7.54x | 6.16x |
| Agilent Technologies, Inc. (A)vs › | $42.07B | 13.21x | 14.36x | 15.54x | 14.94x |
Interest Coverage
7.5x
Debt/Equity
N/A
Current Ratio
0.88
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 | 9.23x |
| 2026-03-31 | 5.04x |
| 2025-12-31 | 8.03x |
| 2025-09-30 | 8.35x |
| 2025-06-30 | 5.78x |
| 2025-03-31 | 9.86x |
| 2024-12-31 | 15.69x |
| 2024-09-30 | 17.75x |
| 2024-06-30 | 102.00x |
| 2024-03-31 | 13.18x |
| 2023-12-31 | 168.33x |
| 2023-09-30 | -2.91x |
| 2023-06-30 | 9.13x |
| 2023-03-31 | 20.43x |
| 2022-12-31 | -4.76x |
| 2022-09-30 | 5.48x |
| 2022-06-30 | 1.06x |
| 2022-03-31 | -2.55x |
| 2021-12-31 | -25.68x |
| 2021-09-30 | 10.38x |
| 2021-06-30 | 3.68x |
| 2021-03-31 | 10.51x |
| 2020-12-31 | 10.02x |
| 2020-09-30 | -13.87x |
| 2020-06-30 | 5.51x |
| 2020-03-31 | 9.37x |
| 2019-12-31 | 5.30x |
| 2019-09-30 | -79.76x |
| 2019-06-30 | 4.60x |
| 2019-03-31 | 5.76x |
| 2018-12-31 | 6.63x |
| 2018-09-30 | 10.60x |
| 2018-06-30 | -13.85x |
| 2018-03-31 | 6.50x |
| 2017-12-31 | 4.59x |
| 2017-09-30 | 3.23x |
| 2017-06-30 | 6.55x |
| 2017-03-31 | 13.15x |
| 2016-12-31 | 12.32x |
| 2016-09-30 | 12.16x |
| 2016-06-30 | 14.09x |
| 2016-03-31 | 14.91x |
| 2015-12-31 | 12.51x |
| 2015-09-30 | 14.09x |
| 2015-06-30 | 15.50x |
| 2015-03-31 | 16.89x |
| 2014-12-31 | 15.17x |
| 2014-09-30 | 13.71x |
| 2014-06-30 | 11.73x |
| 2014-03-31 | 14.94x |
| 2013-12-31 | 15.73x |
| 2013-09-30 | 14.27x |
| 2013-06-30 | -12.31x |
| 2013-03-31 | 13.97x |
| 2012-12-31 | 18.74x |
| 2012-09-30 | 17.58x |
| 2012-06-30 | 16.28x |
| 2012-03-31 | 21.96x |
| 2011-12-31 | 19.52x |
| 2011-09-30 | 17.91x |
| 2011-06-30 | 15.08x |
| 2011-03-31 | 17.82x |
| 2010-12-31 | 15.70x |
| 2010-09-30 | 16.54x |
| 2010-03-31 | 13.22x |
| 2009-12-31 | 13.39x |
| 2009-09-30 | 7.08x |
| 2009-06-30 | 12.73x |
| 2009-03-31 | 12.57x |
| 2008-12-31 | 14.10x |
| 2008-09-30 | 9.78x |
| 2008-03-31 | 18.54x |