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 4.74x is 81% above its 5-year average of 2.61x, around the middle of its 5-year range (-0.25x–7.80x).
22.44% above its 12-month average of 3.87x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2026 (2026-06-30): 6.18x.
INTEREST COVERAGE RATIO
4.74x
INTEREST COVERAGE RATIO AVG TTM
3.87x
INTEREST COVERAGE RATIO AVG 3Y
2.15x
INTEREST COVERAGE RATIO AVG 5Y
2.61x
INTEREST COVERAGE RATIO AVG 10Y
4.45x
INTEREST COVERAGE RATIO AVG 15Y
8.59x
INTEREST COVERAGE RATIO AVG 20Y
8.94x
CURRENT VS TTM AVG
+22.44%
CURRENT VS 3Y AVG
+120.67%
CURRENT VS 5Y AVG
+81.32%
CURRENT VS 10Y AVG
+6.47%
CURRENT VS 15Y AVG
-44.85%
CURRENT VS 20Y AVG
-47.01%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-39.07%
vs the sector median at left
Coherent, Inc.
Market Cap
$57.88B
Interest Coverage Ratio
4.74x
TTM Avg
3.87x
3Y Avg
2.15x
5Y Avg
2.61x
Market Cap
$56.96B
Interest Coverage Ratio
-10.31x
TTM Avg
201.07x
3Y Avg
108.40x
5Y Avg
75.26x
Market Cap
$56.72B
Interest Coverage Ratio
N/A
TTM Avg
510.98x
3Y Avg
2104.82x
5Y Avg
2104.82x
Market Cap
$60.04B
Interest Coverage Ratio
7.10x
TTM Avg
7.84x
3Y Avg
8.23x
5Y Avg
6.85x
Market Cap
$60.64B
Interest Coverage Ratio
28.55x
TTM Avg
29.65x
3Y Avg
39.25x
5Y Avg
32.60x
Market Cap
$61.89B
Interest Coverage Ratio
9.88x
TTM Avg
9.90x
3Y Avg
13.53x
5Y Avg
12.93x
Market Cap
$62.28B
Interest Coverage Ratio
101.29x
TTM Avg
133.41x
3Y Avg
155.54x
5Y Avg
121.32x
Market Cap
$62.50B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$52.47B
Interest Coverage Ratio
-0.63x
TTM Avg
1145.05x
3Y Avg
1145.05x
5Y Avg
1145.05x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coherent, Inc. (COHR) | $57.88B | 4.74x | 3.87x | 2.15x | 2.61x |
| Nebius Group N.V. (NBIS)vs › | $56.96B | -10.31x | 201.07x | 108.40x | 75.26x |
| Garmin Ltd. (GRMN)vs › | $56.72B | N/A | 510.98x | 2104.82x | 2104.82x |
| NXP Semiconductors N.V. (NXPI)vs › | $60.04B | 7.10x | 7.84x | 8.23x | 6.85x |
| United Microelectronics Corporation (UMC)vs › | $60.64B | 28.55x | 29.65x | 39.25x | 32.60x |
| Keysight Technologies, Inc. (KEYS)vs › | $61.89B | 9.88x | 9.90x | 13.53x | 12.93x |
| Teradyne, Inc. (TER)vs › | $62.28B | 101.29x | 133.41x | 155.54x | 121.32x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.50B | N/A | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $52.47B | -0.63x | 1145.05x | 1145.05x | 1145.05x |
| TE Connectivity plc (TEL)vs › | $63.40B | 41.70x | 40.82x | 39.75x | 41.13x |
Interest Coverage
4.7x
Debt/Equity
0.32
Current Ratio
2.43
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 | 6.18x |
| 2026-03-31 | 5.08x |
| 2025-12-31 | 4.32x |
| 2025-09-30 | 2.93x |
| 2025-06-30 | 0.84x |
| 2025-03-31 | 2.54x |
| 2024-12-31 | 2.25x |
| 2024-09-30 | 1.49x |
| 2024-06-30 | 1.14x |
| 2024-03-31 | 0.47x |
| 2023-12-31 | 0.41x |
| 2023-09-30 | -0.25x |
| 2023-06-30 | 0.52x |
| 2023-03-31 | 0.90x |
| 2022-12-31 | 0.12x |
| 2022-09-30 | 0.69x |
| 2022-07-01 | 2.36x |
| 2022-03-31 | 2.45x |
| 2021-12-31 | 5.76x |
| 2021-09-30 | 7.80x |
| 2021-06-30 | 6.91x |
| 2021-03-31 | 6.53x |
| 2020-12-31 | 7.62x |
| 2020-09-30 | 5.99x |
| 2020-06-30 | 0.03x |
| 2020-03-31 | 2.63x |
| 2019-12-31 | 0.07x |
| 2019-09-30 | 4.14x |
| 2019-06-30 | 7.26x |
| 2019-03-31 | 5.51x |
| 2018-12-31 | 7.10x |
| 2018-09-30 | 6.66x |
| 2018-06-30 | 7.93x |
| 2018-03-31 | 6.88x |
| 2017-12-31 | 7.00x |
| 2017-09-30 | 8.17x |
| 2017-06-30 | 15.77x |
| 2017-03-31 | 15.00x |
| 2016-12-31 | 19.88x |
| 2016-09-30 | 19.01x |
| 2016-06-30 | 27.12x |
| 2016-03-31 | 25.21x |
| 2015-12-31 | 36.48x |
| 2015-09-30 | 33.48x |
| 2015-06-30 | 29.88x |
| 2015-03-31 | 20.92x |
| 2014-12-31 | 15.93x |
| 2014-09-30 | 16.11x |
| 2014-06-30 | 10.39x |
| 2014-03-31 | 6.19x |
| 2013-12-31 | 8.18x |
| 2013-09-30 | 27.89x |
| 2013-06-30 | 6.62x |
| 2013-03-31 | 13.34x |
| 2012-12-31 | 14.74x |
| 2012-09-30 | 122.61x |
| 2012-06-30 | -52.64x |
| 2012-03-31 | -45.67x |
| 2011-12-31 | -64.00x |
| 2011-09-30 | 65.58x |
| 2011-06-30 | 2068.57x |
| 2011-03-31 | 849.24x |
| 2010-12-31 | 1097.28x |
| 2010-09-30 | 930.90x |
| 2010-06-30 | 492.58x |
| 2010-03-31 | 14529.00x |
| 2009-12-31 | 389.63x |
| 2009-09-30 | 354.00x |
| 2009-06-30 | 258.75x |
| 2009-03-31 | 110.60x |
| 2008-12-31 | 246.58x |
| 2008-09-30 | 704.88x |
| 2008-06-30 | 125.14x |
| 2006-06-30 | 0.32x |
| 2006-03-31 | 88.40x |
| 2005-12-31 | 28.99x |
| 2005-06-30 | 9.81x |
| 2005-03-31 | 29.19x |
| 2004-06-30 | 29.64x |
| 2004-03-31 | 31.13x |
| 2002-12-31 | 1.42x |
| 2002-09-30 | 61.72x |
