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 13.64x is 58% below its 5-year average of 32.76x, near the low end of its 5-year range (12.41x–77.64x).
As of the fiscal period ended Tuesday, March 31, 2026. 2.89% below its 12-month average of 14.05x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
13.64x
INTEREST COVERAGE RATIO AVG TTM
14.05x
INTEREST COVERAGE RATIO AVG 3Y
22.28x
INTEREST COVERAGE RATIO AVG 5Y
32.76x
INTEREST COVERAGE RATIO AVG 10Y
24.08x
INTEREST COVERAGE RATIO AVG 15Y
18.15x
INTEREST COVERAGE RATIO AVG 20Y
14.74x
CURRENT VS TTM AVG
-2.89%
CURRENT VS 3Y AVG
-38.76%
CURRENT VS 5Y AVG
-58.35%
CURRENT VS 10Y AVG
-43.34%
CURRENT VS 15Y AVG
-24.81%
CURRENT VS 20Y AVG
-7.40%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 141 covered companies
CURRENT VS SECTOR MEDIAN
+75.37%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$93.39B
Interest Coverage Ratio
13.64x
TTM Avg
14.05x
3Y Avg
22.28x
5Y Avg
32.76x
Market Cap
$94.56B
Interest Coverage Ratio
-172.95x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.25B
Interest Coverage Ratio
-23.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.31B
Interest Coverage Ratio
44.74x
TTM Avg
103.73x
3Y Avg
147.70x
5Y Avg
152.64x
Market Cap
$94.51B
Interest Coverage Ratio
33.10x
TTM Avg
37.10x
3Y Avg
46.88x
5Y Avg
47.77x
Market Cap
$89.65B
Interest Coverage Ratio
-4.01x
TTM Avg
7.68x
3Y Avg
7.68x
5Y Avg
7.68x
Market Cap
$101.92B
Interest Coverage Ratio
11.87x
TTM Avg
12.69x
3Y Avg
21.74x
5Y Avg
28.66x
Market Cap
$83.13B
Interest Coverage Ratio
19.93x
TTM Avg
17.46x
3Y Avg
19.84x
5Y Avg
53.50x
Market Cap
$109.14B
Interest Coverage Ratio
79.30x
TTM Avg
69.30x
3Y Avg
45.88x
5Y Avg
33.12x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $93.39B | 13.64x | 14.05x | 22.28x | 32.76x |
| Snowflake Inc. (SNOW)vs › | $94.56B | -172.95x | N/A | N/A | N/A |
| Cloudflare, Inc. (NET)vs › | $94.25B | -23.64x | N/A | N/A | N/A |
| Accenture plc (ACN)vs › | $94.31B | 44.74x | 103.73x | 147.70x | 152.64x |
| Adobe Inc. (ADBE)vs › | $94.51B | 33.10x | 37.10x | 46.88x | 47.77x |
| Datadog, Inc. (DDOG)vs › | $89.65B | -4.01x | 7.68x | 7.68x | 7.68x |
| Automatic Data Processing, Inc. (ADP)vs › | $101.92B | 11.87x | 12.69x | 21.74x | 28.66x |
| Intuit Inc. (INTU)vs › | $83.13B | 19.93x | 17.46x | 19.84x | 53.50x |
| ServiceNow, Inc. (NOW)vs › | $109.14B | 79.30x | 69.30x | 45.88x | 33.12x |
| Fortinet, Inc. (FTNT)vs › | $111.64B | 103.58x | 96.88x | 76.68x | 70.07x |
Interest Coverage
13.6x
Debt/Equity
0.45
Current Ratio
2.86
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 | 13.64x |
| 2025-12-31 | 15.80x |
| 2025-09-30 | 15.59x |
| 2025-06-30 | 12.79x |
| 2025-03-31 | 12.41x |
| 2024-12-31 | 15.28x |
| 2024-09-30 | 14.29x |
| 2024-06-30 | 22.77x |
| 2024-03-31 | 28.76x |
| 2023-12-31 | 37.44x |
| 2023-09-30 | 32.33x |
| 2023-06-30 | 33.72x |
| 2023-03-31 | 34.82x |
| 2022-12-31 | 23.25x |
| 2022-10-01 | 47.73x |
| 2022-07-02 | 66.08x |
| 2022-04-02 | 77.64x |
| 2021-12-31 | 46.03x |
| 2021-10-02 | 46.24x |
| 2021-07-03 | 42.97x |
| 2021-04-03 | 48.36x |
| 2020-12-31 | 37.96x |
| 2020-09-26 | 31.79x |
| 2020-06-27 | 25.69x |
| 2020-03-28 | 29.82x |
| 2019-12-31 | 25.79x |
| 2019-09-28 | 28.50x |
| 2019-06-29 | 26.86x |
| 2019-03-30 | 23.82x |
| 2018-12-31 | 26.33x |
| 2018-09-29 | 20.02x |
| 2018-06-30 | 13.95x |
| 2018-03-31 | 12.31x |
| 2017-12-31 | 12.11x |
| 2017-09-30 | 12.91x |
| 2017-07-01 | 13.23x |
| 2017-04-01 | 12.29x |
| 2016-12-31 | 8.35x |
| 2016-10-01 | 11.04x |
| 2016-07-02 | 11.35x |
| 2016-04-02 | 10.83x |
| 2015-12-31 | 19.49x |
| 2015-10-03 | 18.65x |
| 2015-07-04 | 9.34x |
| 2015-04-04 | 4.19x |
| 2014-12-31 | 6.25x |
| 2014-09-27 | 7.18x |
| 2014-06-28 | 4.82x |
| 2014-03-29 | 5.82x |
| 2013-12-31 | 4.11x |
| 2013-09-28 | 5.00x |
| 2013-06-29 | 4.74x |
| 2013-03-30 | 6.28x |
| 2012-12-31 | 6.32x |
| 2012-09-29 | 6.80x |
| 2012-06-30 | 5.91x |
| 2012-03-31 | 5.31x |
| 2011-12-31 | 4.38x |
| 2011-10-01 | 2.97x |
| 2011-07-02 | 2.32x |
| 2011-04-02 | 1.60x |
| 2010-12-31 | -2.46x |
| 2010-10-02 | -0.29x |
| 2010-07-03 | 0.75x |
| 2010-04-03 | -0.72x |
| 2009-12-31 | -1.55x |
| 2009-10-03 | -1.39x |
| 2009-07-04 | -7.40x |
| 2009-04-04 | -6.87x |
| 2008-09-27 | -15.50x |
| 2008-06-28 | 2.88x |
| 2008-03-29 | -3.91x |
| 2007-12-31 | 12.00x |
