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 2.74x is 215% above its 2-year average of -2.37x, near the high end of its 2-year range (-21.19x–3.16x).
148.97% above its 12-month average of -5.60x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-07-03): -21.19x.
INTEREST COVERAGE RATIO
2.74x
INTEREST COVERAGE RATIO AVG TTM
-5.60x
INTEREST COVERAGE RATIO AVG 3Y
N/A
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
+148.97%
CURRENT VS 3Y AVG
N/A
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
2.49x
median of 356 covered companies
CURRENT VS SECTOR MEDIAN
+10.26%
vs the sector median at left
Elmet Group Co.
Market Cap
$707.22M
Interest Coverage Ratio
2.74x
TTM Avg
-5.60x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$700.94M
Interest Coverage Ratio
N/A
TTM Avg
12271.51x
3Y Avg
12271.51x
5Y Avg
14611.88x
Market Cap
$700.62M
Interest Coverage Ratio
1.72x
TTM Avg
1.77x
3Y Avg
1.60x
5Y Avg
1.28x
Market Cap
$687.68M
Interest Coverage Ratio
6.01x
TTM Avg
4.55x
3Y Avg
3.77x
5Y Avg
9.63x
Market Cap
$735.14M
Interest Coverage Ratio
-1.33x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$745.43M
Interest Coverage Ratio
-2386.08x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$748.98M
Interest Coverage Ratio
N/A
TTM Avg
0.88x
3Y Avg
2.46x
5Y Avg
2.46x
Market Cap
$766.70M
Interest Coverage Ratio
142.90x
TTM Avg
239.38x
3Y Avg
315.59x
5Y Avg
234.92x
Market Cap
$771.69M
Interest Coverage Ratio
6.48x
TTM Avg
8.96x
3Y Avg
11.11x
5Y Avg
13.86x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elmet Group Co. (ELMT) | $707.22M | 2.74x | -5.60x | N/A | N/A |
| Cass Information Systems, Inc. (CASS)vs › | $700.94M | N/A | 12271.51x | 12271.51x | 14611.88x |
| Park-Ohio Holdings Corp. (PKOH)vs › | $700.62M | 1.72x | 1.77x | 1.60x | 1.28x |
| Kimball Electronics, Inc. (KE)vs › | $687.68M | 6.01x | 4.55x | 3.77x | 9.63x |
| ADS-TEC Energy PLC (ADSE)vs › | $735.14M | -1.33x | N/A | N/A | N/A |
| Satellogic Inc. (SATL)vs › | $745.43M | -2386.08x | N/A | N/A | N/A |
| Bowman Consulting Group Ltd. (BWMN)vs › | $748.98M | N/A | 0.88x | 2.46x | 2.46x |
| Barrett Business Services, Inc. (BBSI)vs › | $766.70M | 142.90x | 239.38x | 315.59x | 234.92x |
| LSI Industries Inc. (LYTS)vs › | $771.69M | 6.48x | 8.96x | 11.11x | 13.86x |
| Ballard Power Systems Inc. (BLDP)vs › | $627.64M | -42.05x | N/A | N/A | N/A |
Interest Coverage
2.7x
Debt/Equity
0.12
Current Ratio
3.03
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 |
|---|---|
| 2026-07-03 | -21.19x |
| 2026-04-03 | 1.50x |
| 2025-09-30 | 2.90x |
| 2025-03-31 | 3.16x |
| 2024-12-31 | 1.77x |
