Interest Coverage Ratio: -6.82x
Is the interest coverage ratio high or low?
The interest coverage ratio of -6.82x is 195% below its 5-year average of 7.15x, near the low end of its 5-year range (-6.82x–10.62x).
As of Monday, June 29, 2026. 252.64% below its 12-month average of 4.47x.
CDW Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
CDW Average Interest Coverage Ratio Chart
CDW Current vs Average Interest Coverage Ratio Chart
CDW Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-6.82x
INTEREST COVERAGE RATIO AVG TTM
4.47x
INTEREST COVERAGE RATIO AVG 3Y
7.47x
INTEREST COVERAGE RATIO AVG 5Y
7.55x
INTEREST COVERAGE RATIO AVG 10Y
7.03x
INTEREST COVERAGE RATIO AVG 15Y
5.49x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-252.64%
CURRENT VS 3Y AVG
-191.26%
CURRENT VS 5Y AVG
-190.25%
CURRENT VS 10Y AVG
-197.02%
CURRENT VS 15Y AVG
-224.14%
CURRENT VS 20Y AVG
N/A
CDW Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CDW Corporation (CDW) | $17.86B | -6.82x | 4.47x | 7.47x | 7.55x |
| Super Micro Computer, Inc. (SMCI)vs › | $18.21B | 21.03x | 41.80x | 52.10x | 63.60x |
| Onto Innovation Inc. (ONTO)vs › | $17.48B | N/A | 42.11x | 27.04x | 21.89x |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $18.36B | 95.38x | 74.47x | 92.69x | 128.80x |
| Samsara Inc. (IOT)vs › | $18.52B | N/A | N/A | N/A | N/A |
| Fabrinet (FN)vs › | $18.93B | N/A | 1204.87x | 961.05x | 513.60x |
| Nova Ltd. (NVMI)vs › | $16.68B | 109.44x | 112.82x | 103.82x | 83.15x |
| Nextpower Inc. (NXT)vs › | $16.63B | 265.83x | 157.31x | 112.26x | 450.55x |
| Akamai Technologies, Inc. (AKAM)vs › | $16.54B | 20.42x | 20.05x | 34.26x | 26.23x |
| Toast, Inc. (TOST)vs › | $16.33B | N/A | N/A | N/A | N/A |
Financial Health Indicators
Interest Coverage
-6.8x
Debt/Equity
2.43
Current Ratio
1.18
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for CDW Corporation (CDW)?
- The interest coverage ratio for CDW stock is -6.82x.
- Is CDW Corporation's interest coverage ratio high or low?
- The interest coverage ratio of -6.82x is 195% below its 5-year average of 7.15x, near the low end of its 5-year range (-6.82x–10.62x).
- What is the TTM average interest coverage ratio for CDW Corporation (CDW)?
- The TTM average interest coverage ratio for CDW stock is 4.47x.
- What is the 3Y average interest coverage ratio for CDW Corporation (CDW)?
- The 3Y average interest coverage ratio for CDW stock is 7.47x.
- What is the 5Y average interest coverage ratio for CDW Corporation (CDW)?
- The 5Y average interest coverage ratio for CDW stock is 7.55x.
- What is the 10Y average interest coverage ratio for CDW Corporation (CDW)?
- The 10Y average interest coverage ratio for CDW stock is 7.03x.
- What is the 15Y average interest coverage ratio for CDW Corporation (CDW)?
- The 15Y average interest coverage ratio for CDW stock is 5.49x.
CDW Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-03-31 | -6.82x |
| 2025-12-31 | 7.36x |
| 2025-09-30 | 8.06x |
| 2025-06-30 | 7.40x |
| 2025-03-31 | 6.33x |
| 2024-12-31 | 7.23x |
| 2024-09-30 | 8.85x |
| 2024-06-30 | 8.28x |
| 2024-03-31 | 6.39x |
| 2023-12-31 | 8.16x |
| 2023-09-30 | 8.33x |
| 2023-06-30 | 7.08x |
| 2023-03-31 | 6.16x |
| 2022-12-31 | 7.52x |
| 2022-09-30 | 7.45x |
| 2022-06-30 | 7.54x |
| 2022-03-31 | 6.91x |
| 2021-12-31 | 7.82x |
| 2021-09-30 | 10.62x |
| 2021-06-30 | 10.42x |
| 2021-03-31 | 9.08x |
| 2020-12-31 | 8.95x |
| 2020-09-30 | 7.91x |
| 2020-06-30 | 7.14x |
| 2020-03-31 | 6.49x |
| 2019-12-31 | 7.41x |
| 2019-09-30 | 7.58x |
| 2019-06-30 | 7.41x |
| 2019-03-31 | 5.98x |
| 2018-12-31 | 6.55x |
| 2018-09-30 | 7.51x |
| 2018-06-30 | 7.14x |
| 2018-03-31 | 5.41x |
| 2017-12-31 | 5.97x |
| 2017-09-30 | 6.46x |
| 2017-06-30 | 6.43x |
| 2017-03-31 | 4.30x |
| 2016-12-31 | 5.82x |
| 2016-09-30 | 6.32x |
| 2016-06-30 | 6.06x |
| 2016-03-31 | 4.23x |
| 2015-12-31 | 4.68x |
| 2015-09-30 | 5.31x |
| 2015-06-30 | 5.45x |
| 2015-03-31 | 3.38x |
| 2014-12-31 | 3.38x |
| 2014-09-30 | 3.69x |
| 2014-06-30 | 3.88x |
| 2014-03-31 | 2.71x |
| 2013-12-31 | 2.76x |
| 2013-09-30 | 1.65x |
| 2013-06-30 | 2.18x |
| 2013-03-31 | 1.67x |
| 2012-12-31 | 1.75x |
| 2012-09-30 | 1.82x |
| 2012-06-30 | 1.77x |
| 2012-03-31 | 1.31x |
| 2011-12-31 | -1.37x |
| 2011-09-30 | -1.63x |
| 2011-06-30 | -1.95x |
| 2011-03-31 | -1.00x |
| 2010-12-31 | 0.79x |
| 2010-09-30 | 1.00x |
| 2010-06-30 | 0.90x |
| 2010-03-31 | 0.92x |
| 2009-12-31 | 0.45x |
| 2009-09-30 | 0.65x |
About CDW Corporation
CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. It strategically targets three core client divisions: corporate enterprises, small to medium-sized businesses, and public sector organizations. Their portfolio encompasses both individual hardware and software offerings, alongside sophisticated integrated IT solution packages. These comprehensive solutions span on-premise, hybrid, and cloud environments, addressing critical areas such as data center infrastructure, network management, digital workspace enablement, and robust security. Key hardware categories include mobile computing devices (laptops, tablets), network infrastructure components, desktop workstations, display units, and enterprise data storage systems, while software offerings feature application suites, cybersecurity tools, virtualization platforms, operating systems, and network management utilities. Beyond products, CDW delivers a broad spectrum of services, including expert advisory and design, custom software development, system implementation, ongoing managed services, specialized professional support, configuration assistance, and telecommunications solutions, complemented by product warranties. They also focus on providing mission-critical software, system, and network solutions. Furthermore, installation, deployment, and repair services are facilitated for customers, often leveraging a network of third-party partners. Their diverse clientele includes governmental bodies, educational institutions, healthcare providers, and businesses of all scales – from small enterprises to major corporations. Established in 1984, the company maintains its primary corporate offices in Vernon Hills, Illinois.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Christine A. Leahy