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 -956.96x is 265% below its 3-year average of -262.34x, around the middle of its 3-year range (-1421.22x–-2.70x).
As of the fiscal period ended Thursday, September 30, 2021. 24.40% below its 12-month average of -769.28x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2021 (2021-09-30): -956.96x.
INTEREST COVERAGE RATIO
-956.96x
INTEREST COVERAGE RATIO AVG TTM
-769.28x
INTEREST COVERAGE RATIO AVG 3Y
-262.34x
INTEREST COVERAGE RATIO AVG 5Y
N/A
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
-24.40%
CURRENT VS 3Y AVG
-264.78%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
-48800.34%
vs the sector median at left
Draganfly Inc.
Market Cap
$183.03M
Interest Coverage Ratio
-956.96x
TTM Avg
-769.28x
3Y Avg
-262.34x
5Y Avg
N/A
Market Cap
$178.84M
Interest Coverage Ratio
-68.26x
TTM Avg
7.31x
3Y Avg
7.31x
5Y Avg
7.31x
Market Cap
$174.78M
Interest Coverage Ratio
-310.70x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$192.97M
Interest Coverage Ratio
N/A
TTM Avg
76.26x
3Y Avg
94.31x
5Y Avg
67.28x
Market Cap
$193.00M
Interest Coverage Ratio
0.53x
TTM Avg
0.79x
3Y Avg
0.70x
5Y Avg
0.92x
Market Cap
$205.22M
Interest Coverage Ratio
8.26x
TTM Avg
8.26x
3Y Avg
8.26x
5Y Avg
8.26x
Market Cap
$206.13M
Interest Coverage Ratio
-2.94x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$160.66M
Interest Coverage Ratio
-0.17x
TTM Avg
4.55x
3Y Avg
8.58x
5Y Avg
5.59x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Draganfly Inc. (DPRO) | $183.03M | -956.96x | -769.28x | -262.34x | N/A |
| Toro Corp. (TORO)vs › | $178.84M | -68.26x | 7.31x | 7.31x | 7.31x |
| Sidus Space, Inc. (SIDU)vs › | $174.78M | -310.70x | N/A | N/A | N/A |
| Taylor Devices, Inc. (TAYD)vs › | $192.97M | N/A | 76.26x | 94.31x | 67.28x |
| Ampco-Pittsburgh Corp. (AP)vs › | $193.00M | 0.53x | 0.79x | 0.70x | 0.92x |
| Microvast Holdings, Inc. (MVST)vs › | $205.22M | 8.26x | 8.26x | 8.26x | 8.26x |
| AIRO Group Holdings, Inc. Common Stock (AIRO)vs › | $206.13M | -2.94x | N/A | N/A | N/A |
| EuroDry Ltd. (EDRY)vs › | $160.66M | -0.17x | 4.55x | 8.58x | 5.59x |
| Roze AI Inc. (RZAI)vs › | $154.95M | N/A | N/A | N/A | N/A |
| NeoVolta Inc (NEOV)vs › | $156.70M | -29.46x | N/A | N/A | N/A |
Interest Coverage
-957.0x
Debt/Equity
0.00
Current Ratio
29.62
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 |
|---|---|
| 2021-09-30 | -956.96x |
| 2021-06-30 | -568.83x |
| 2021-03-31 | -667.54x |
| 2020-12-31 | -1421.22x |
| 2020-09-30 | -231.83x |
| 2020-06-30 | -281.54x |
| 2020-03-31 | -303.28x |
| 2019-12-31 | -112.19x |
| 2019-09-30 | -5.98x |
| 2019-06-30 | -4.82x |
| 2019-03-31 | -8.31x |
| 2018-12-31 | -2.70x |
| 2018-09-30 | -4.06x |
