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 2.13x is 663% above its 5-year average of -0.38x, near the high end of its 5-year range (-5.83x–4.34x).
36.80% below its 12-month average of 3.37x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-06-30): 3.97x.
INTEREST COVERAGE RATIO
2.13x
INTEREST COVERAGE RATIO AVG TTM
3.37x
INTEREST COVERAGE RATIO AVG 3Y
1.73x
INTEREST COVERAGE RATIO AVG 5Y
-0.38x
INTEREST COVERAGE RATIO AVG 10Y
-1.61x
INTEREST COVERAGE RATIO AVG 15Y
-2.12x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-36.80%
CURRENT VS 3Y AVG
+23.34%
CURRENT VS 5Y AVG
+663.24%
CURRENT VS 10Y AVG
+232.46%
CURRENT VS 15Y AVG
+200.64%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
2.21x
median of 369 covered companies
CURRENT VS SECTOR MEDIAN
-3.62%
vs the sector median at left
Electrovaya Inc.
Market Cap
$323.78M
Interest Coverage Ratio
2.13x
TTM Avg
3.37x
3Y Avg
1.73x
5Y Avg
-0.38x
Market Cap
$316.09M
Interest Coverage Ratio
0.15x
TTM Avg
0.15x
3Y Avg
0.15x
5Y Avg
0.15x
Market Cap
$331.83M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$332.58M
Interest Coverage Ratio
-37.37x
TTM Avg
1.82x
3Y Avg
3.31x
5Y Avg
3.76x
Market Cap
$336.52M
Interest Coverage Ratio
-0.91x
TTM Avg
0.71x
3Y Avg
0.71x
5Y Avg
0.76x
Market Cap
$337.27M
Interest Coverage Ratio
24.57x
TTM Avg
15.59x
3Y Avg
9.57x
5Y Avg
6.90x
Market Cap
$308.84M
Interest Coverage Ratio
-216.19x
TTM Avg
0.39x
3Y Avg
0.39x
5Y Avg
0.39x
Market Cap
$303.77M
Interest Coverage Ratio
-0.14x
TTM Avg
1.98x
3Y Avg
1.98x
5Y Avg
1.98x
Market Cap
$304.10M
Interest Coverage Ratio
-22.01x
TTM Avg
29.17x
3Y Avg
26.45x
5Y Avg
25.46x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electrovaya Inc. (ELVA) | $323.78M | 2.13x | 3.37x | 1.73x | -0.38x |
| FTAI Infrastructure Inc. (FIP)vs › | $316.09M | 0.15x | 0.15x | 0.15x | 0.15x |
| Deep Fission, Inc. (FISN)vs › | $331.83M | N/A | N/A | N/A | N/A |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $332.58M | -37.37x | 1.82x | 3.31x | 3.76x |
| NN, Inc. (NNBR)vs › | $336.52M | -0.91x | 0.71x | 0.71x | 0.76x |
| StealthGas Inc. (GASS)vs › | $337.27M | 24.57x | 15.59x | 9.57x | 6.90x |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $308.84M | -216.19x | 0.39x | 0.39x | 0.39x |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $303.77M | -0.14x | 1.98x | 1.98x | 1.98x |
| Matrix Service Company (MTRX)vs › | $304.10M | -22.01x | 29.17x | 26.45x | 25.46x |
| Innovative Aerosystems, Inc. (IA)vs › | $345.20M | 11.63x | 11.63x | 11.63x | 11.63x |
Interest Coverage
2.1x
Debt/Equity
0.61
Current Ratio
7.53
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 | 3.97x |
| 2026-03-31 | 2.83x |
| 2025-12-31 | 2.84x |
| 2025-09-30 | 2.88x |
| 2025-06-30 | 4.34x |
| 2025-03-31 | 2.17x |
| 2024-12-31 | -0.28x |
| 2024-09-30 | 0.76x |
| 2024-06-30 | -0.84x |
| 2024-03-31 | 0.46x |
| 2023-12-31 | -0.14x |
| 2023-09-30 | -5.83x |
| 2023-03-31 | -1.42x |
| 2022-12-31 | -1.24x |
| 2022-09-30 | -1.45x |
| 2022-06-30 | -2.76x |
| 2022-03-31 | -3.01x |
| 2021-12-31 | -3.66x |
| 2021-09-30 | -2.51x |
| 2021-06-30 | -4.68x |
| 2021-03-31 | -2.02x |
| 2020-12-31 | -2.96x |
| 2020-09-30 | -0.39x |
| 2020-06-30 | -0.24x |
| 2020-03-31 | -3.43x |
| 2019-12-31 | -1.97x |
| 2019-09-30 | -4.37x |
| 2019-06-30 | -2.33x |
| 2019-03-31 | -3.45x |
| 2018-12-31 | -3.04x |
| 2018-09-30 | -2.92x |
| 2018-06-30 | -3.39x |
| 2018-03-31 | -2.90x |
| 2017-12-31 | -2.69x |
| 2017-09-30 | -5.88x |
| 2017-06-30 | -1.87x |
| 2017-03-31 | -0.79x |
| 2016-12-31 | -2.96x |
| 2016-09-30 | -15.63x |
| 2016-06-30 | -16.38x |
| 2016-03-31 | -14.20x |
| 2015-12-31 | 16.76x |
| 2015-09-30 | 7.90x |
| 2015-06-30 | -4.26x |
| 2015-03-31 | -9.59x |
| 2014-12-31 | -12.42x |
| 2014-09-30 | -7.21x |
| 2014-06-30 | -3.05x |
| 2014-03-31 | -11.92x |
| 2013-12-31 | -2.54x |
| 2013-09-30 | -7.11x |
| 2013-06-30 | -11.36x |
| 2013-03-31 | -11.05x |
| 2012-12-31 | -3.25x |
| 2012-09-30 | -1.00x |
| 2012-06-30 | -15.08x |
| 2012-03-31 | -1.82x |
| 2011-12-31 | -2.25x |
| 2011-09-30 | -6.79x |
| 2011-06-30 | -1.81x |
| 2011-03-31 | -7.89x |
| 2010-12-31 | -27.50x |
