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 -4.78x is 266% below its 5-year average of 2.89x, near the low end of its 5-year range (-10.63x–39.76x).
As of the fiscal period ended Friday, March 31, 2023. 140.68% below its 12-month average of 11.75x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2023 (2023-03-31): -4.78x.
INTEREST COVERAGE RATIO
-4.78x
INTEREST COVERAGE RATIO AVG TTM
11.75x
INTEREST COVERAGE RATIO AVG 3Y
7.39x
INTEREST COVERAGE RATIO AVG 5Y
2.89x
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
-140.68%
CURRENT VS 3Y AVG
-164.67%
CURRENT VS 5Y AVG
-265.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-161.43%
vs the sector median at left
Dynatrace, Inc.
Market Cap
$16.08B
Interest Coverage Ratio
-4.78x
TTM Avg
11.75x
3Y Avg
7.39x
5Y Avg
2.89x
Market Cap
$16.08B
Interest Coverage Ratio
9.06x
TTM Avg
18.36x
3Y Avg
19.78x
5Y Avg
20.12x
Market Cap
$16.26B
Interest Coverage Ratio
10.38x
TTM Avg
9.93x
3Y Avg
7.59x
5Y Avg
6.90x
Market Cap
$16.33B
Interest Coverage Ratio
7.41x
TTM Avg
6.58x
3Y Avg
6.40x
5Y Avg
38.33x
Market Cap
$15.32B
Interest Coverage Ratio
20.42x
TTM Avg
20.05x
3Y Avg
34.26x
5Y Avg
26.23x
Market Cap
$17.05B
Interest Coverage Ratio
7.54x
TTM Avg
7.62x
3Y Avg
8.66x
5Y Avg
7.85x
Market Cap
$14.84B
Interest Coverage Ratio
-17.67x
TTM Avg
2.00x
3Y Avg
1.00x
5Y Avg
1.00x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dynatrace, Inc. (DT) | $16.08B | -4.78x | 11.75x | 7.39x | 2.89x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.08B | 9.06x | 18.36x | 19.78x | 20.12x |
| Leidos Holdings, Inc. (LDOS)vs › | $16.26B | 10.38x | 9.93x | 7.59x | 6.90x |
| Zebra Technologies Corporation (ZBRA)vs › | $16.33B | 7.41x | 6.58x | 6.40x | 38.33x |
| MKS Inc. (MKSI)vs › | $15.64B | 2.67x | 2.05x | 2.53x | 10.24x |
| PTC Inc. (PTC)vs › | $15.33B | 12.76x | 8.84x | 7.36x | 6.63x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.32B | 20.42x | 20.05x | 34.26x | 26.23x |
| Fortive Corporation (FTV)vs › | $17.05B | 7.54x | 7.62x | 8.66x | 7.85x |
| IREN Limited (IREN)vs › | $14.84B | -17.67x | 2.00x | 1.00x | 1.00x |
| Tyler Technologies, Inc. (TYL)vs › | $14.46B | 71.61x | 61.05x | 34.75x | 29.56x |
Interest Coverage
-4.8x
Debt/Equity
0.06
Current Ratio
1.21
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 |
|---|---|
| 2023-03-31 | -4.78x |
| 2022-12-31 | 7.08x |
| 2022-09-30 | 39.76x |
| 2022-06-30 | 8.78x |
| 2022-03-31 | 7.89x |
| 2021-12-31 | 8.66x |
| 2021-09-30 | 8.02x |
| 2021-06-30 | 7.42x |
| 2021-03-31 | 6.87x |
| 2020-12-31 | 6.98x |
| 2020-09-30 | 6.34x |
| 2020-06-30 | 5.86x |
| 2020-03-31 | 1.41x |
| 2019-12-31 | 1.26x |
| 2019-09-30 | -10.63x |
| 2019-06-30 | -1.72x |
| 2019-03-31 | -1.15x |
| 2018-12-31 | -0.17x |
| 2018-09-30 | -1.50x |
| 2018-06-30 | -1.80x |