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 3.64x is 63% below its 4-year average of 9.78x, around the middle of its 4-year range (-1517.55x–2842.87x).
99.34% below its 12-month average of 554.78x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 39.95x.
INTEREST COVERAGE RATIO
3.64x
INTEREST COVERAGE RATIO AVG TTM
554.78x
INTEREST COVERAGE RATIO AVG 3Y
11.07x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-99.34%
CURRENT VS 3Y AVG
-67.12%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
+85.24%
vs the sector median at left
C3is Inc.
Market Cap
$243943.00
Interest Coverage Ratio
3.64x
TTM Avg
554.78x
3Y Avg
11.07x
5Y Avg
N/A
Market Cap
$230042.00
Interest Coverage Ratio
-3.41x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$369935.00
Interest Coverage Ratio
0.05x
TTM Avg
0.21x
3Y Avg
443.69x
5Y Avg
685.95x
Market Cap
$418073.00
Interest Coverage Ratio
-5.19x
TTM Avg
5.98x
3Y Avg
5.98x
5Y Avg
5.98x
Market Cap
$63275.00
Interest Coverage Ratio
1.88x
TTM Avg
3.42x
3Y Avg
4.57x
5Y Avg
4.57x
Market Cap
$58133.00
Interest Coverage Ratio
-104.69x
TTM Avg
1.27x
3Y Avg
1.51x
5Y Avg
1.51x
Market Cap
$49451.00
Interest Coverage Ratio
-3.67x
TTM Avg
1.22x
3Y Avg
1.22x
5Y Avg
1.22x
Market Cap
$45148.00
Interest Coverage Ratio
-0.42x
TTM Avg
11.71x
3Y Avg
142.70x
5Y Avg
142.70x
Market Cap
$29447.00
Interest Coverage Ratio
-7.73x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| C3is Inc. (CISS) | $243943.00 | 3.64x | 554.78x | 11.07x | N/A |
| SMX (Security Matters) Public Limited Company (SMX)vs › | $230042.00 | -3.41x | N/A | N/A | N/A |
| Icon Energy Corp. (ICON)vs › | $369935.00 | 0.05x | 0.21x | 443.69x | 685.95x |
| Singularity Future Technology Ltd. (SGLY)vs › | $418073.00 | -5.19x | 5.98x | 5.98x | 5.98x |
| Intercont (Cayman) Limited Ordinary shares (NCT)vs › | $63275.00 | 1.88x | 3.42x | 4.57x | 4.57x |
| Cheetah Net Supply Chain Service Inc. (CTNT)vs › | $58133.00 | -104.69x | 1.27x | 1.51x | 1.51x |
| Linkers Industries Limited (LNKS)vs › | $49451.00 | -3.67x | 1.22x | 1.22x | 1.22x |
| Founder Group Limited (FGL)vs › | $45148.00 | -0.42x | 11.71x | 142.70x | 142.70x |
| Freight Technologies, Inc. (FRGT)vs › | $29447.00 | -7.73x | N/A | N/A | N/A |
| Li Bang International Corporation Inc. Ordinary Shares (LBGJ)vs › | $1780.00 | -3.36x | 3.94x | 8.44x | 8.44x |
Interest Coverage
3.6x
Debt/Equity
0.00
Current Ratio
1.68
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 |
|---|---|
| 2026-06-30 | 39.95x |
| 2026-03-31 | 2842.87x |
| 2025-12-31 | 1381.91x |
| 2025-09-30 | -1517.55x |
| 2025-06-30 | 26.72x |
| 2025-03-31 | 3.73x |
| 2024-12-31 | 3.39x |
| 2024-09-30 | 0.89x |
| 2024-06-30 | 3.59x |
| 2024-03-31 | 6.83x |
| 2023-12-31 | 8.16x |
| 2023-09-30 | 6.37x |
| 2023-06-30 | -858.40x |
| 2023-03-31 | 2463.72x |
| 2022-03-31 | -1.84x |