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 174% above its 5-year average of 44.71x, 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. Q4 FY2022 (2022-07-31): 122.29x.
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
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+1457.79%
vs the sector median at left
Copart, Inc.
Market Cap
$27.73B
Interest Coverage Ratio
122.29x
TTM Avg
81.66x
3Y Avg
54.57x
5Y Avg
44.71x
Market Cap
$28.54B
Interest Coverage Ratio
5.58x
TTM Avg
5.84x
3Y Avg
6.76x
5Y Avg
5.67x
Market Cap
$26.30B
Interest Coverage Ratio
10.88x
TTM Avg
10.88x
3Y Avg
13.22x
5Y Avg
13.72x
Market Cap
$26.26B
Interest Coverage Ratio
8.22x
TTM Avg
6.60x
3Y Avg
7.23x
5Y Avg
6.83x
Market Cap
$29.79B
Interest Coverage Ratio
5.64x
TTM Avg
5.13x
3Y Avg
5.54x
5Y Avg
6.16x
Market Cap
$25.46B
Interest Coverage Ratio
12.51x
TTM Avg
10.86x
3Y Avg
10.50x
5Y Avg
10.39x
Market Cap
$25.40B
Interest Coverage Ratio
12.19x
TTM Avg
11.36x
3Y Avg
15.94x
5Y Avg
16.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Copart, Inc. (CPRT) | $27.73B | 122.29x | 81.66x | 54.57x | 44.71x |
| ATI Inc. (ATI)vs › | $27.13B | 5.73x | 5.32x | 4.62x | 3.94x |
| Symbotic Inc. (SYM)vs › | $27.03B | N/A | N/A | N/A | N/A |
| Ingersoll Rand Inc. (IR)vs › | $28.54B | 5.58x | 5.84x | 6.76x | 5.67x |
| Otis Worldwide Corporation (OTIS)vs › | $26.30B | 10.88x | 10.88x | 13.22x | 13.72x |
| nVent Electric plc (NVT)vs › | $26.26B | 8.22x | 6.60x | 7.23x | 6.83x |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.79B | 5.64x | 5.13x | 5.54x | 6.16x |
| Dover Corporation (DOV)vs › | $25.46B | 12.51x | 10.86x | 10.50x | 10.39x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.40B | 12.19x | 11.36x | 15.94x | 16.89x |
| Expeditors International of Washington, Inc. (EXPD)vs › | $25.19B | N/A | 137.10x | 2303.50x | 2303.50x |
Interest Coverage
122.3x
Debt/Equity
0.01
Current Ratio
7.91
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 |