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 3.39x is 14% below its 5-year average of 3.94x, near the low end of its 5-year range (1.06x–51.90x).
79.06% below its 12-month average of 16.19x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-08-01): 51.90x.
INTEREST COVERAGE RATIO
3.39x
INTEREST COVERAGE RATIO AVG TTM
16.19x
INTEREST COVERAGE RATIO AVG 3Y
4.17x
INTEREST COVERAGE RATIO AVG 5Y
3.94x
INTEREST COVERAGE RATIO AVG 10Y
6.66x
INTEREST COVERAGE RATIO AVG 15Y
3.62x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-79.06%
CURRENT VS 3Y AVG
-18.64%
CURRENT VS 5Y AVG
-13.93%
CURRENT VS 10Y AVG
-49.09%
CURRENT VS 15Y AVG
-6.23%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-56.43%
vs the sector median at left
Ciena Corporation
Market Cap
$52.17B
Interest Coverage Ratio
3.39x
TTM Avg
16.19x
3Y Avg
4.17x
5Y Avg
3.94x
Market Cap
$49.55B
Interest Coverage Ratio
0.21x
TTM Avg
0.21x
3Y Avg
0.21x
5Y Avg
0.88x
Market Cap
$54.90B
Interest Coverage Ratio
N/A
TTM Avg
510.98x
3Y Avg
2104.82x
5Y Avg
2104.82x
Market Cap
$49.31B
Interest Coverage Ratio
8.98x
TTM Avg
6.31x
3Y Avg
4.74x
5Y Avg
4.74x
Market Cap
$55.35B
Interest Coverage Ratio
-0.63x
TTM Avg
1145.05x
3Y Avg
1145.05x
5Y Avg
1145.05x
Market Cap
$56.67B
Interest Coverage Ratio
-10.31x
TTM Avg
201.07x
3Y Avg
108.40x
5Y Avg
75.26x
Market Cap
$47.67B
Interest Coverage Ratio
5.89x
TTM Avg
12.80x
3Y Avg
112.73x
5Y Avg
88.83x
Market Cap
$47.33B
Interest Coverage Ratio
-0.04x
TTM Avg
0.90x
3Y Avg
0.90x
5Y Avg
0.90x
Market Cap
$46.37B
Interest Coverage Ratio
N/A
TTM Avg
11.02x
3Y Avg
10.06x
5Y Avg
10.06x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ciena Corporation (CIEN) | $52.17B | 3.39x | 16.19x | 4.17x | 3.94x |
| Atlassian Corporation (TEAM)vs › | $49.55B | 0.21x | 0.21x | 0.21x | 0.88x |
| Garmin Ltd. (GRMN)vs › | $54.90B | N/A | 510.98x | 2104.82x | 2104.82x |
| Workday, Inc. (WDAY)vs › | $49.31B | 8.98x | 6.31x | 4.74x | 4.74x |
| Strategy Inc (MSTR)vs › | $55.35B | -0.63x | 1145.05x | 1145.05x | 1145.05x |
| Nebius Group N.V. (NBIS)vs › | $56.67B | -10.31x | 201.07x | 108.40x | 75.26x |
| STMicroelectronics N.V. (STM)vs › | $47.67B | 5.89x | 12.80x | 112.73x | 88.83x |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $47.33B | -0.04x | 0.90x | 0.90x | 0.90x |
| Autodesk, Inc. (ADSK)vs › | $46.37B | N/A | 11.02x | 10.06x | 10.06x |
| Block, Inc. (XYZ)vs › | $46.14B | 23.54x | 102.42x | 102.42x | 69.90x |
Interest Coverage
3.4x
Debt/Equity
0.08
Current Ratio
3.80
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 |
|---|---|
| 2026-08-01 | 51.90x |
| 2026-05-02 | 11.37x |
| 2026-01-31 | 9.00x |
| 2025-11-01 | 5.40x |
| 2025-08-02 | 3.30x |
| 2025-05-03 | 1.48x |
| 2025-02-01 | 3.51x |
| 2024-11-02 | 2.33x |
| 2024-07-27 | 1.06x |
| 2024-04-27 | 1.06x |
| 2024-01-27 | 3.56x |
| 2023-10-31 | 3.77x |
| 2023-07-29 | 3.25x |
| 2023-04-29 | 4.30x |
| 2023-01-28 | 5.37x |
| 2022-10-31 | 5.61x |
| 2022-07-30 | 2.14x |
| 2022-04-30 | 4.88x |
| 2022-01-29 | 6.94x |
| 2021-10-31 | 17.36x |
| 2021-07-31 | 19.10x |
| 2021-05-01 | 17.16x |
| 2021-01-30 | 10.30x |
| 2020-10-31 | 12.64x |
| 2020-08-01 | 25.93x |
| 2020-05-02 | 16.22x |
| 2020-01-31 | 8.84x |
| 2019-10-31 | 10.20x |
| 2019-07-31 | 13.32x |
| 2019-04-30 | 8.48x |
| 2019-01-31 | 5.08x |
| 2018-10-31 | 6.45x |
| 2018-07-31 | 6.27x |
| 2018-04-30 | 2.46x |
| 2018-01-31 | 1.22x |
| 2017-10-31 | 4.01x |
| 2017-07-31 | 6.11x |
| 2017-04-30 | 4.34x |
| 2017-01-31 | 1.26x |
| 2016-10-31 | 3.88x |
| 2016-07-31 | 3.57x |
| 2016-04-30 | 2.24x |
| 2016-01-31 | 0.88x |
| 2015-10-31 | 0.74x |
| 2015-08-01 | 3.74x |
| 2015-05-02 | 3.28x |
| 2015-01-31 | 0.30x |
| 2014-10-31 | -0.13x |
| 2014-07-31 | 3.22x |
| 2014-04-30 | 0.65x |
| 2014-01-31 | 0.30x |
| 2013-10-31 | -0.04x |
| 2013-07-31 | 1.35x |
| 2013-04-30 | -0.75x |
| 2013-01-31 | -0.52x |
| 2012-10-31 | -0.84x |
| 2012-07-31 | -1.27x |
| 2012-04-30 | -0.82x |
| 2012-01-31 | -2.16x |
| 2011-10-31 | -1.72x |
| 2011-07-31 | -1.84x |
| 2011-04-30 | -5.91x |
| 2011-01-31 | -7.74x |
| 2010-10-31 | -12.14x |
| 2010-07-31 | -16.62x |
| 2010-04-30 | -22.18x |
| 2010-01-31 | -27.28x |
| 2009-10-31 | -14.34x |
| 2009-07-31 | -12.36x |
| 2009-04-30 | -271.58x |
| 2009-01-31 | -14.50x |