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The Cooper Companies, Inc. (COO) Interest Coverage Ratio: 6.83x

The interest coverage ratio for The Cooper Companies, Inc. (COO) is 6.83x as of Sunday, June 14, 2026.

COO Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.83x

COO Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
The Cooper Companies, Inc. (COO)$13.24B6.83xN/AN/AN/A
Solventum Corporation (SOLV)$13.66B6.29x4.55x4.55x4.55x
Align Technology, Inc. (ALGN)$12.52BN/A67.41x66.08x407.22x
Baxter International Inc. (BAX)$10.77B-1.06x0.71x2.65x6.89x
Walgreens Boots Alliance, Inc. (WBA)$10.37B-29.20x3.03x3.75x5.52x
Hologic, Inc. (HOLX)$16.97B16.73x11.98x11.81x13.87x
Charles River Laboratories International, Inc. (CRL)$9.03B4.74x3.27x5.51x5.84x
Tempus AI, Inc. (TEM)$8.35B-3.40xN/AN/AN/A
Bio-Rad Laboratories, Inc. (BIO)$7.73B5.52x5.51x7.63x62.06x
Moderna, Inc. (MRNA)$19.80B-307.40x531.75x531.75x531.75x

Financial Health Indicators

Interest Coverage

6.8x

Debt/Equity

0.34

Current Ratio

1.89

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

The Cooper Companies, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Cooper Companies, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for The Cooper Companies, Inc. (COO)?
The interest coverage ratio for COO stock is 6.83x.

About The Cooper Companies, Inc.

The Cooper Companies, Inc. (COO) operates as a global medical device firm, primarily focused on developing, producing, and distributing products through two distinct business units: CooperVision and CooperSurgical. CooperVision specializes in contact lenses. Their product range includes spherical lenses for common vision issues like nearsightedness and farsightedness, as well as advanced lenses such as toric for astigmatism, multifocal for presbyopia, and specialized options addressing myopia, dry eyes, and eye fatigue. These vision correction solutions are available across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Meanwhile, CooperSurgical is dedicated to women's and family health, providing a wide array of medical devices, fertility treatments, genetic testing, diagnostic tools, and contraceptives to healthcare providers and patients globally. This segment's offerings encompass various surgical and office-based products like PARAGARD (an IUD), uterine manipulators, retractors, and closure devices. It also delivers comprehensive fertility services, including specialized consumables, equipment, embryo services, and preimplantation genetic screening. Established in 1958, The Cooper Companies, Inc. is headquartered in San Ramon, California.

San Ramon, CA
16,000 employees
Healthcare / Medical - Instruments & Supplies
Sector
Healthcare
Industry
Medical - Instruments & Supplies
CEO
Albert G. White