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 11.37x is 98% above its 5-year average of 5.74x, around the middle of its 5-year range (1.06x–19.10x).
As of the fiscal period ended Saturday, May 2, 2026. 86.16% above its 12-month average of 6.11x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
11.37x
INTEREST COVERAGE RATIO AVG TTM
6.11x
INTEREST COVERAGE RATIO AVG 3Y
2.87x
INTEREST COVERAGE RATIO AVG 5Y
3.94x
INTEREST COVERAGE RATIO AVG 10Y
6.25x
INTEREST COVERAGE RATIO AVG 15Y
3.52x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+86.16%
CURRENT VS 3Y AVG
+295.90%
CURRENT VS 5Y AVG
+188.67%
CURRENT VS 10Y AVG
+81.91%
CURRENT VS 15Y AVG
+223.34%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+48.43%
vs the sector median at left
Ciena Corporation
Market Cap
$58.38B
Interest Coverage Ratio
11.37x
TTM Avg
6.11x
3Y Avg
2.87x
5Y Avg
3.94x
Market Cap
$58.27B
Interest Coverage Ratio
9.88x
TTM Avg
9.90x
3Y Avg
13.53x
5Y Avg
12.93x
Market Cap
$59.30B
Interest Coverage Ratio
101.29x
TTM Avg
133.41x
3Y Avg
155.54x
5Y Avg
121.32x
Market Cap
$57.28B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$59.96B
Interest Coverage Ratio
N/A
TTM Avg
510.98x
3Y Avg
2104.82x
5Y Avg
2104.82x
Market Cap
$60.45B
Interest Coverage Ratio
7.10x
TTM Avg
7.84x
3Y Avg
8.23x
5Y Avg
6.85x
Market Cap
$62.72B
Interest Coverage Ratio
41.70x
TTM Avg
40.82x
3Y Avg
39.75x
5Y Avg
41.13x
Market Cap
$52.92B
Interest Coverage Ratio
21.92x
TTM Avg
24.07x
3Y Avg
24.32x
5Y Avg
23.33x
Market Cap
$52.59B
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) | $58.38B | 11.37x | 6.11x | 2.87x | 3.94x |
| Keysight Technologies, Inc. (KEYS)vs › | $58.27B | 9.88x | 9.90x | 13.53x | 12.93x |
| Teradyne, Inc. (TER)vs › | $59.30B | 101.29x | 133.41x | 155.54x | 121.32x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $57.28B | N/A | N/A | N/A | N/A |
| Garmin Ltd. (GRMN)vs › | $59.96B | N/A | 510.98x | 2104.82x | 2104.82x |
| NXP Semiconductors N.V. (NXPI)vs › | $60.45B | 7.10x | 7.84x | 8.23x | 6.85x |
| TE Connectivity plc (TEL)vs › | $62.72B | 41.70x | 40.82x | 39.75x | 41.13x |
| Electronic Arts Inc. (EA)vs › | $52.92B | 21.92x | 24.07x | 24.32x | 23.33x |
| Autodesk, Inc. (ADSK)vs › | $52.59B | N/A | 11.02x | 10.06x | 10.06x |
| STMicroelectronics N.V. (STM)vs › | $50.07B | 5.89x | 12.80x | 112.73x | 88.83x |
Interest Coverage
11.4x
Debt/Equity
0.55
Current Ratio
2.73
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 |
|---|---|
| 2026-05-02 | 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 |