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 5.04x is 72% below its 5-year average of 18.04x, near the low end of its 5-year range (-25.68x–168.33x).
As of the fiscal period ended Tuesday, March 31, 2026. 32.03% below its 12-month average of 7.41x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
5.04x
INTEREST COVERAGE RATIO AVG TTM
7.41x
INTEREST COVERAGE RATIO AVG 3Y
10.03x
INTEREST COVERAGE RATIO AVG 5Y
7.45x
INTEREST COVERAGE RATIO AVG 10Y
7.98x
INTEREST COVERAGE RATIO AVG 15Y
10.79x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-32.03%
CURRENT VS 3Y AVG
-49.76%
CURRENT VS 5Y AVG
-32.37%
CURRENT VS 10Y AVG
-36.87%
CURRENT VS 15Y AVG
-53.31%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
-25.56%
vs the sector median at left
Cardinal Health, Inc.
Market Cap
$53.87B
Interest Coverage Ratio
5.04x
TTM Avg
7.41x
3Y Avg
10.03x
5Y Avg
7.45x
Market Cap
$49.56B
Interest Coverage Ratio
N/A
TTM Avg
75.36x
3Y Avg
70.16x
5Y Avg
63.82x
Market Cap
$60.00B
Interest Coverage Ratio
4.21x
TTM Avg
4.38x
3Y Avg
4.79x
5Y Avg
4.28x
Market Cap
$60.57B
Interest Coverage Ratio
8.69x
TTM Avg
10.46x
3Y Avg
10.41x
5Y Avg
11.51x
Market Cap
$44.10B
Interest Coverage Ratio
35.54x
TTM Avg
35.85x
3Y Avg
30.16x
5Y Avg
28.81x
Market Cap
$39.08B
Interest Coverage Ratio
13.21x
TTM Avg
14.36x
3Y Avg
15.54x
5Y Avg
14.94x
Market Cap
$38.68B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
Market Cap
$69.46B
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) | $53.87B | 5.04x | 7.41x | 10.03x | 7.45x |
| Edwards Lifesciences Corporation (EW)vs › | $49.56B | N/A | 75.36x | 70.16x | 63.82x |
| Becton, Dickinson and Company (BDX)vs › | $60.00B | 4.21x | 4.38x | 4.79x | 4.28x |
| Cencora, Inc. (COR)vs › | $60.57B | 8.69x | 10.46x | 10.41x | 11.51x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $44.10B | 35.54x | 35.85x | 30.16x | 28.81x |
| Humana Inc. (HUM)vs › | $43.67B | 2.30x | 2.38x | 5.10x | 7.90x |
| Agilent Technologies, Inc. (A)vs › | $39.08B | 13.21x | 14.36x | 15.54x | 14.94x |
| IQVIA Holdings Inc. (IQV)vs › | $38.68B | 3.14x | 3.21x | 3.42x | 3.19x |
| Boston Scientific Corporation (BSX)vs › | $69.46B | 11.38x | 9.10x | 7.54x | 6.16x |
| Cigna Corporation (CI)vs › | $73.82B | 6.61x | 6.58x | 6.49x | 6.37x |
Interest Coverage
5.0x
Debt/Equity
-3.36
Current Ratio
0.94
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 |
|---|---|
| 2026-03-31 | 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 |