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 -1.59x is 35% above its 4-year average of -2.44x, near the low end of its 4-year range (-5.34x–392.41x).
70.61% below its 12-month average of -0.93x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.80x.
INTEREST COVERAGE RATIO
-1.59x
INTEREST COVERAGE RATIO AVG TTM
-0.93x
INTEREST COVERAGE RATIO AVG 3Y
-1.61x
INTEREST COVERAGE RATIO AVG 5Y
-2.44x
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
-70.61%
CURRENT VS 3Y AVG
+1.16%
CURRENT VS 5Y AVG
+34.83%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
3.30x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
-148.18%
vs the sector median at left
Electra Battery Materials Corporation
Market Cap
$53.43M
Interest Coverage Ratio
-1.59x
TTM Avg
-0.93x
3Y Avg
-1.61x
5Y Avg
-2.44x
Market Cap
$51.69M
Interest Coverage Ratio
1.40x
TTM Avg
1.40x
3Y Avg
1.40x
5Y Avg
1.40x
Market Cap
$65.38M
Interest Coverage Ratio
6.30x
TTM Avg
7.97x
3Y Avg
7.97x
5Y Avg
7.97x
Market Cap
$65.95M
Interest Coverage Ratio
-118.69x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.43M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.58M
Interest Coverage Ratio
-2.72x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.26M
Interest Coverage Ratio
-3.50x
TTM Avg
21.04x
3Y Avg
21.04x
5Y Avg
13.00x
Market Cap
$73.43M
Interest Coverage Ratio
-44.12x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$74.09M
Interest Coverage Ratio
-9.96x
TTM Avg
308.22x
3Y Avg
387.19x
5Y Avg
311.87x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electra Battery Materials Corporation (ELBM) | $53.43M | -1.59x | -0.93x | -1.61x | -2.44x |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.69M | 1.40x | 1.40x | 1.40x | 1.40x |
| Namib Minerals (NAMM)vs › | $65.38M | 6.30x | 7.97x | 7.97x | 7.97x |
| Nexmetals Mining Corp. (NEXM)vs › | $65.95M | -118.69x | N/A | N/A | N/A |
| Tactical Resources Corp. (TREO)vs › | $40.43M | N/A | N/A | N/A | N/A |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.58M | -2.72x | N/A | N/A | N/A |
| Largo Inc. (LGO)vs › | $35.26M | -3.50x | 21.04x | 21.04x | 13.00x |
| Atlas Lithium Corporation (ATLX)vs › | $73.43M | -44.12x | N/A | N/A | N/A |
| Northern Technologies International Corporation (NTIC)vs › | $74.09M | -9.96x | 308.22x | 387.19x | 311.87x |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $30.53M | -1268.30x | N/A | N/A | N/A |
Interest Coverage
-1.6x
Debt/Equity
0.77
Current Ratio
0.88
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 | 3.80x |
| 2026-03-31 | -2.78x |
| 2025-12-31 | -3.07x |
| 2025-09-30 | -1.68x |
| 2025-03-31 | -0.97x |
| 2024-12-31 | -1.71x |
| 2024-09-30 | -1.30x |
| 2024-06-30 | -2.41x |
| 2024-03-31 | -3.40x |
| 2023-12-31 | -3.23x |
| 2023-09-30 | -0.94x |
| 2022-09-30 | -5.34x |
| 2021-12-31 | 392.41x |
| 2021-03-31 | -21.07x |
| 2020-12-31 | -22.25x |
| 2020-09-30 | -9.54x |
| 2020-06-30 | -8.05x |
| 2020-03-31 | -9.90x |
| 2019-12-31 | -14.04x |
| 2019-09-30 | -16.73x |
| 2018-03-31 | -225.44x |
