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 -35.65x is 11% below its 5-year average of -32.09x, near the high end of its 5-year range (-278.45x–-3.09x).
20.73% below its 12-month average of -29.53x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): -35.78x.
INTEREST COVERAGE RATIO
-35.65x
INTEREST COVERAGE RATIO AVG TTM
-29.53x
INTEREST COVERAGE RATIO AVG 3Y
-33.03x
INTEREST COVERAGE RATIO AVG 5Y
-32.09x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-20.73%
CURRENT VS 3Y AVG
-7.93%
CURRENT VS 5Y AVG
-11.09%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
2.21x
median of 367 covered companies
CURRENT VS SECTOR MEDIAN
-1713.12%
vs the sector median at left
DEFSEC Technologies Inc.
Market Cap
$2.75M
Interest Coverage Ratio
-35.65x
TTM Avg
-29.53x
3Y Avg
-33.03x
5Y Avg
-32.09x
Market Cap
$2.73M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.68M
Interest Coverage Ratio
962.82x
TTM Avg
761.40x
3Y Avg
723.81x
5Y Avg
2024.65x
Market Cap
$2.92M
Interest Coverage Ratio
-161.62x
TTM Avg
97.00x
3Y Avg
97.00x
5Y Avg
97.00x
Market Cap
$2.93M
Interest Coverage Ratio
-281.94x
TTM Avg
21.59x
3Y Avg
85.31x
5Y Avg
85.31x
Market Cap
$3.16M
Interest Coverage Ratio
-11.07x
TTM Avg
35.90x
3Y Avg
31.09x
5Y Avg
31.09x
Market Cap
$2.30M
Interest Coverage Ratio
-47.88x
TTM Avg
3.63x
3Y Avg
4.44x
5Y Avg
4.44x
Market Cap
$3.28M
Interest Coverage Ratio
-88.39x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DEFSEC Technologies Inc. (DFSC) | $2.75M | -35.65x | -29.53x | -33.03x | -32.09x |
| Top KingWin Ltd. Class A (DPU)vs › | $2.73M | N/A | N/A | N/A | N/A |
| Globavend Holdings Limited (GVH)vs › | $2.68M | 962.82x | 761.40x | 723.81x | 2024.65x |
| BioNexus Gene Lab Corp. (BGLC)vs › | $2.92M | -161.62x | 97.00x | 97.00x | 97.00x |
| Intelligent Group Limited (INTJ)vs › | $2.93M | -281.94x | 21.59x | 85.31x | 85.31x |
| PTL Limited (PTLE)vs › | $3.05M | N/A | N/A | N/A | N/A |
| Polar Power, Inc. (POLA)vs › | $3.16M | -11.07x | 35.90x | 31.09x | 31.09x |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.30M | -47.88x | 3.63x | 4.44x | 4.44x |
| Iveda Solutions, Inc. (IVDA)vs › | $3.28M | -88.39x | N/A | N/A | N/A |
| Mint Incorporation Limited (MIMI)vs › | $2.14M | -346.63x | 755.46x | 755.46x | 755.46x |
Interest Coverage
-35.6x
Debt/Equity
0.25
Current Ratio
2.13
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 | -35.78x |
| 2026-03-31 | -25.32x |
| 2025-12-31 | -25.21x |
| 2025-09-30 | -35.95x |
| 2025-06-30 | -25.38x |
| 2025-03-31 | -35.87x |
| 2024-12-31 | -45.66x |
| 2024-09-30 | -35.92x |
| 2024-06-30 | -34.11x |
| 2024-03-31 | -46.15x |
| 2023-12-31 | -190.06x |
| 2023-09-30 | -17.97x |
| 2023-03-31 | -278.45x |
| 2022-12-31 | -3.09x |
| 2022-09-30 | -6.80x |
| 2022-06-30 | -17.59x |
| 2022-03-31 | -31.03x |
| 2021-12-31 | -67.25x |
| 2021-09-30 | -56.47x |
