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 122.29x is 153% above its 5-year average of 48.40x, near the high end of its 5-year range (19.08x–122.29x).
As of the fiscal period ended Sunday, July 31, 2022. 49.74% above its 12-month average of 81.66x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
122.29x
INTEREST COVERAGE RATIO AVG TTM
81.66x
INTEREST COVERAGE RATIO AVG 3Y
54.57x
INTEREST COVERAGE RATIO AVG 5Y
44.71x
INTEREST COVERAGE RATIO AVG 10Y
31.85x
INTEREST COVERAGE RATIO AVG 15Y
33.99x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+49.74%
CURRENT VS 3Y AVG
+124.10%
CURRENT VS 5Y AVG
+173.53%
CURRENT VS 10Y AVG
+283.92%
CURRENT VS 15Y AVG
+259.82%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
7.81x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
+1464.77%
vs the sector median at left
Copart, Inc.
Market Cap
$28.53B
Interest Coverage Ratio
122.29x
TTM Avg
81.66x
3Y Avg
54.57x
5Y Avg
44.71x
Market Cap
$28.52B
Interest Coverage Ratio
42.17x
TTM Avg
32.55x
3Y Avg
22.71x
5Y Avg
17.22x
Market Cap
$27.93B
Interest Coverage Ratio
10.88x
TTM Avg
10.88x
3Y Avg
13.22x
5Y Avg
13.72x
Market Cap
$29.95B
Interest Coverage Ratio
N/A
TTM Avg
203.40x
3Y Avg
134.26x
5Y Avg
99.82x
Market Cap
$30.09B
Interest Coverage Ratio
5.64x
TTM Avg
5.13x
3Y Avg
5.54x
5Y Avg
6.16x
Market Cap
$26.67B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$25.93B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
Market Cap
$25.10B
Interest Coverage Ratio
14.79x
TTM Avg
13.29x
3Y Avg
11.25x
5Y Avg
10.42x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Copart, Inc. (CPRT) | $28.53B | 122.29x | 81.66x | 54.57x | 44.71x |
| Xylem Inc. (XYL)vs › | $28.52B | 42.17x | 32.55x | 22.71x | 17.22x |
| Otis Worldwide Corporation (OTIS)vs › | $27.93B | 10.88x | 10.88x | 13.22x | 13.72x |
| EMCOR Group, Inc. (EME)vs › | $29.95B | N/A | 203.40x | 134.26x | 99.82x |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $30.09B | 5.64x | 5.13x | 5.54x | 6.16x |
| Dover Corporation (DOV)vs › | $26.67B | 12.51x | 10.86x | 10.50x | 10.39x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.93B | 12.19x | 11.36x | 15.94x | 16.89x |
| Symbotic Inc. (SYM)vs › | $25.89B | N/A | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $25.10B | 14.79x | 13.29x | 11.25x | 10.42x |
| Hubbell Incorporated (HUBB)vs › | $24.36B | 18.99x | 16.89x | 19.09x | 15.72x |
Interest Coverage
122.3x
Debt/Equity
0.01
Current Ratio
8.25
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 |
|---|---|
| 2022-07-31 | 122.29x |
| 2022-04-30 | 82.98x |
| 2022-01-31 | 78.35x |
| 2021-10-31 | 64.64x |
| 2021-07-31 | 60.06x |
| 2021-04-30 | 61.38x |
| 2021-01-31 | 53.25x |
| 2020-10-31 | 49.40x |
| 2020-07-31 | 41.97x |
| 2020-04-30 | 33.62x |
| 2020-01-31 | 42.71x |
| 2019-10-31 | 44.54x |
| 2019-07-31 | 41.90x |
| 2019-04-30 | 38.97x |
| 2019-01-31 | 31.48x |
| 2018-10-31 | 32.56x |
| 2018-07-31 | 29.32x |
| 2018-04-30 | 39.54x |
| 2018-01-31 | 26.22x |
| 2017-10-31 | 22.15x |
| 2017-07-31 | 19.08x |
| 2017-04-30 | 23.31x |
| 2017-01-31 | 17.72x |
| 2016-10-31 | 17.59x |
| 2016-07-31 | 16.07x |
| 2016-04-30 | 21.39x |
| 2016-01-31 | 16.53x |
| 2015-10-31 | 15.07x |
| 2015-07-31 | 15.48x |
| 2015-04-30 | 16.02x |
| 2015-01-31 | 17.16x |
| 2014-10-31 | 43.14x |
| 2014-07-31 | 34.97x |
| 2014-04-30 | 29.77x |
| 2014-01-31 | 32.36x |
| 2013-10-31 | 28.42x |
| 2013-07-31 | 25.13x |
| 2013-04-30 | 32.63x |
| 2013-01-31 | 24.25x |
| 2012-10-31 | 28.25x |
| 2012-07-31 | 22.32x |
| 2012-04-30 | 29.24x |
| 2012-01-31 | 20.95x |
| 2011-10-31 | 29.89x |
| 2011-07-31 | 35.00x |
| 2011-04-30 | 44.78x |
| 2011-01-31 | 144.35x |
| 2010-10-31 | 3972.93x |
| 2010-07-31 | 3814.67x |
| 2010-04-30 | 1898.05x |
| 2010-01-31 | 2534.86x |
| 2009-10-31 | 397.83x |
| 2009-07-31 | 31.78x |
| 2009-04-30 | 983.03x |
| 2009-01-31 | 1687.74x |
| 2008-10-31 | -38.08x |
| 2006-07-31 | 66.29x |