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 3.09x is 16% above its 5-year average of 2.67x, around the middle of its 5-year range (-0.96x–7.66x).
132.60% above its 12-month average of 1.33x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
3.09x
INTEREST COVERAGE RATIO AVG TTM
1.33x
INTEREST COVERAGE RATIO AVG 3Y
1.50x
INTEREST COVERAGE RATIO AVG 5Y
2.67x
INTEREST COVERAGE RATIO AVG 10Y
1.90x
INTEREST COVERAGE RATIO AVG 15Y
2.34x
INTEREST COVERAGE RATIO AVG 20Y
2.00x
CURRENT VS TTM AVG
+132.60%
CURRENT VS 3Y AVG
+105.73%
CURRENT VS 5Y AVG
+15.56%
CURRENT VS 10Y AVG
+62.34%
CURRENT VS 15Y AVG
+31.83%
CURRENT VS 20Y AVG
+54.34%
Interest Coverage
3.1x
Debt/Equity
0.77
Current Ratio
0.18
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 |
|---|---|
| 2025-03-31 | 2.16x |
| 2024-12-31 | 1.25x |
| 2024-09-30 | 0.82x |
| 2024-06-30 | 1.43x |
| 2024-03-31 | 0.98x |
| 2023-12-31 | 0.65x |
| 2023-09-30 | 0.69x |
| 2023-06-30 | 1.05x |
| 2023-03-31 | 2.21x |
| 2022-12-31 | 1.72x |
| 2022-09-30 | 3.56x |
| 2022-06-30 | 4.76x |
| 2022-03-31 | 6.30x |
| 2021-12-31 | 5.25x |
| 2021-09-30 | 5.21x |
| 2021-06-30 | 7.66x |
| 2021-03-31 | 6.58x |
| 2020-12-31 | 2.65x |
| 2020-09-30 | 2.31x |
| 2020-06-30 | -0.96x |
| 2020-03-31 | -0.13x |
| 2019-12-31 | 1.50x |
| 2019-09-30 | 1.56x |
| 2019-06-30 | 1.53x |
| 2019-03-31 | 1.47x |
| 2018-12-31 | 1.48x |
| 2018-09-30 | 1.73x |
| 2018-06-30 | 1.73x |
| 2018-03-31 | 1.83x |
| 2017-12-31 | 2.06x |
| 2017-09-30 | 2.12x |
| 2017-06-30 | 2.17x |
| 2017-03-31 | 2.25x |
| 2016-12-31 | 2.41x |
| 2016-09-30 | 2.68x |
| 2016-06-30 | 2.65x |
| 2016-03-31 | 2.74x |
| 2015-12-31 | 2.40x |
| 2015-09-30 | 3.02x |
| 2015-06-30 | 3.03x |
| 2015-03-31 | 3.03x |
| 2014-12-31 | 2.15x |
| 2014-09-30 | 3.50x |
| 2014-06-30 | 3.70x |
| 2014-03-31 | 3.79x |
| 2013-12-31 | 3.43x |
| 2013-09-30 | 3.40x |
| 2013-06-30 | 3.30x |
| 2013-03-31 | 3.62x |
| 2012-11-30 | 2.70x |
| 2012-08-31 | 3.11x |
| 2012-05-31 | 2.54x |
| 2012-02-29 | 2.87x |
| 2011-11-30 | 2.27x |
| 2011-08-31 | 2.89x |
| 2011-05-31 | 2.44x |
| 2011-02-28 | 1.88x |
| 2010-11-30 | 1.56x |
| 2010-08-31 | 1.10x |
| 2010-05-31 | 1.04x |
| 2010-02-28 | -0.41x |
| 2009-11-30 | 0.80x |
| 2009-08-31 | 3.09x |
| 2009-05-31 | 1.30x |
| 2009-02-28 | 0.63x |
| 2008-11-30 | 0.47x |
| 2008-08-31 | 0.90x |
| 2008-05-31 | 1.14x |
| 2008-02-29 | 0.69x |
| 2007-11-30 | -0.04x |
| 2007-08-31 | 0.91x |
| 2007-05-31 | 0.99x |
| 2007-02-28 | 1.31x |
| 2006-11-30 | 0.11x |
| 2006-08-31 | 1.47x |
| 2006-05-31 | 2.50x |
