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 109.48x is 89% above its 5-year average of 58.06x, near the high end of its 5-year range (6.65x–109.48x).
As of the fiscal period ended Sunday, December 31, 2023.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
109.48x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
58.06x
INTEREST COVERAGE RATIO AVG 10Y
20.95x
INTEREST COVERAGE RATIO AVG 15Y
10.23x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
+88.55%
CURRENT VS 10Y AVG
+422.61%
CURRENT VS 15Y AVG
+970.61%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.98x
median of 142 covered companies
CURRENT VS SECTOR MEDIAN
+1271.91%
vs the sector median at left
Check Point Software Technologies Ltd.
Market Cap
$13.60B
Interest Coverage Ratio
109.48x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
58.06x
Market Cap
$13.16B
Interest Coverage Ratio
9.15x
TTM Avg
8.98x
3Y Avg
9.00x
5Y Avg
8.00x
Market Cap
$13.10B
Interest Coverage Ratio
13.01x
TTM Avg
13.01x
3Y Avg
13.01x
5Y Avg
13.01x
Market Cap
$13.05B
Interest Coverage Ratio
N/A
TTM Avg
1843.19x
3Y Avg
1631.59x
5Y Avg
1631.59x
Market Cap
$14.26B
Interest Coverage Ratio
3.13x
TTM Avg
3.13x
3Y Avg
3.13x
5Y Avg
3.13x
Market Cap
$14.35B
Interest Coverage Ratio
8.17x
TTM Avg
6.63x
3Y Avg
5.35x
5Y Avg
6.36x
Market Cap
$12.85B
Interest Coverage Ratio
6.20x
TTM Avg
6.47x
3Y Avg
9.06x
5Y Avg
9.70x
Market Cap
$12.84B
Interest Coverage Ratio
7.54x
TTM Avg
6.59x
3Y Avg
4.91x
5Y Avg
4.28x
Market Cap
$14.56B
Interest Coverage Ratio
N/A
TTM Avg
42.11x
3Y Avg
27.04x
5Y Avg
21.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Check Point Software Technologies Ltd. (CHKP) | $13.60B | 109.48x | N/A | N/A | 58.06x |
| Gartner, Inc. (IT)vs › | $13.16B | 9.15x | 8.98x | 9.00x | 8.00x |
| HubSpot, Inc. (HUBS)vs › | $13.10B | 13.01x | 13.01x | 13.01x | 13.01x |
| Manhattan Associates, Inc. (MANH)vs › | $13.05B | N/A | 1843.19x | 1631.59x | 1631.59x |
| Grab Holdings Limited (GRAB)vs › | $14.26B | 3.13x | 3.13x | 3.13x | 3.13x |
| Trimble Inc. (TRMB)vs › | $14.35B | 8.17x | 6.63x | 5.35x | 6.36x |
| Amkor Technology, Inc. (AMKR)vs › | $12.85B | 6.20x | 6.47x | 9.06x | 9.70x |
| GoDaddy Inc. (GDDY)vs › | $12.84B | 7.54x | 6.59x | 4.91x | 4.28x |
| Onto Innovation Inc. (ONTO)vs › | $14.56B | N/A | 42.11x | 27.04x | 21.89x |
| DocuSign, Inc. (DOCU)vs › | $12.18B | 117.27x | 123.13x | 83.63x | 83.63x |
Interest Coverage
109.5x
Debt/Equity
0.72
Current Ratio
1.67
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 |
|---|---|
| 2023-12-31 | 109.48x |
| 2018-12-31 | 6.65x |
| 2017-12-31 | 6.86x |
| 2016-12-31 | 7.20x |
| 2015-12-31 | 6.09x |
| 2014-12-31 | 5.51x |
| 2013-12-31 | 4.86x |
| 2012-12-31 | 5.12x |
| 2011-12-31 | 24.00x |
| 2011-09-30 | 16.41x |
| 2010-12-31 | 18.85x |
| 2009-12-31 | 7.69x |
| 2009-09-30 | 13.48x |