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 -42.18x is 226% below its 4-year average of -12.94x, near the low end of its 4-year range (-42.18x–14.00x).
As of the fiscal period ended Sunday, June 30, 2024. 26.80% below its 12-month average of -33.27x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2024 (2024-06-30): -42.18x.
INTEREST COVERAGE RATIO
-42.18x
INTEREST COVERAGE RATIO AVG TTM
-33.27x
INTEREST COVERAGE RATIO AVG 3Y
-18.09x
INTEREST COVERAGE RATIO AVG 5Y
-12.94x
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
-26.80%
CURRENT VS 3Y AVG
-133.17%
CURRENT VS 5Y AVG
-225.97%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
1.73x
median of 272 covered companies
CURRENT VS SECTOR MEDIAN
-2545.48%
vs the sector median at left
Dogness (International) Corporation
Market Cap
$12.77M
Interest Coverage Ratio
-42.18x
TTM Avg
-33.27x
3Y Avg
-18.09x
5Y Avg
-12.94x
Market Cap
$13.87M
Interest Coverage Ratio
-14.37x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$14.81M
Interest Coverage Ratio
-1.81x
TTM Avg
5.78x
3Y Avg
11.33x
5Y Avg
10.17x
Market Cap
$10.33M
Interest Coverage Ratio
-4.80x
TTM Avg
4.33x
3Y Avg
4.33x
5Y Avg
3.34x
Market Cap
$15.33M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.73M
Interest Coverage Ratio
1.68x
TTM Avg
1.68x
3Y Avg
8.36x
5Y Avg
12.68x
Market Cap
$9.40M
Interest Coverage Ratio
-1.10x
TTM Avg
9.21x
3Y Avg
9.21x
5Y Avg
9.21x
Market Cap
$16.23M
Interest Coverage Ratio
-58.80x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.43M
Interest Coverage Ratio
-16.97x
TTM Avg
12.23x
3Y Avg
11.48x
5Y Avg
11.48x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dogness (International) Corporation (DOGZ) | $12.77M | -42.18x | -33.27x | -18.09x | -12.94x |
| NextTrip, Inc. (NTRP)vs › | $13.87M | -14.37x | N/A | N/A | N/A |
| FGI Industries Ltd. (FGI)vs › | $14.81M | -1.81x | 5.78x | 11.33x | 10.17x |
| BT Brands, Inc. (BTBD)vs › | $10.33M | -4.80x | 4.33x | 4.33x | 3.34x |
| Atlas Trinity Tech Limited (ATTT)vs › | $15.33M | N/A | N/A | N/A | N/A |
| Good Times Restaurants Inc. (GTIM)vs › | $15.73M | 1.68x | 1.68x | 8.36x | 12.68x |
| Purple Innovation, Inc. (PRPL)vs › | $9.40M | -1.10x | 9.21x | 9.21x | 9.21x |
| EnerSyn Global Inc. (ESYN)vs › | $16.23M | -58.80x | N/A | N/A | N/A |
| Millennium Group International Holdings Limited (MGIH)vs › | $16.43M | -16.97x | 12.23x | 11.48x | 11.48x |
| Ark Restaurants Corp. (ARKR)vs › | $16.59M | -3.22x | 4.56x | 5.61x | 4.94x |
Interest Coverage
-42.2x
Debt/Equity
0.20
Current Ratio
1.12
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 |
|---|---|
| 2024-06-30 | -42.18x |
| 2023-12-31 | -31.47x |
| 2023-06-30 | -26.15x |
| 2022-12-31 | -35.25x |
| 2022-06-30 | -8.93x |
| 2021-12-31 | 14.00x |
| 2021-06-30 | 3.34x |
| 2020-12-31 | 12.06x |
| 2019-12-31 | -1.89x |
| 2017-12-31 | 24.34x |
| 2016-12-31 | 11.95x |
