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 36.42x is 44% above its 5-year average of 25.38x, around the middle of its 5-year range (-46.83x–79.71x).
152.07% above its 12-month average of 14.45x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -32.34x.
INTEREST COVERAGE RATIO
36.42x
INTEREST COVERAGE RATIO AVG TTM
14.45x
INTEREST COVERAGE RATIO AVG 3Y
19.07x
INTEREST COVERAGE RATIO AVG 5Y
25.38x
INTEREST COVERAGE RATIO AVG 10Y
7.95x
INTEREST COVERAGE RATIO AVG 15Y
2.16x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+152.07%
CURRENT VS 3Y AVG
+90.94%
CURRENT VS 5Y AVG
+43.52%
CURRENT VS 10Y AVG
+358.28%
CURRENT VS 15Y AVG
+1585.71%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+454.76%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.80B
Interest Coverage Ratio
36.42x
TTM Avg
14.45x
3Y Avg
19.07x
5Y Avg
25.38x
Market Cap
$5.04B
Interest Coverage Ratio
8.04x
TTM Avg
7.76x
3Y Avg
14.26x
5Y Avg
12.29x
Market Cap
$5.08B
Interest Coverage Ratio
8.24x
TTM Avg
7.37x
3Y Avg
5.65x
5Y Avg
4.72x
Market Cap
$4.40B
Interest Coverage Ratio
2.15x
TTM Avg
8.84x
3Y Avg
13.14x
5Y Avg
13.14x
Market Cap
$6.37B
Interest Coverage Ratio
5.52x
TTM Avg
5.73x
3Y Avg
4.48x
5Y Avg
3.68x
Market Cap
$2.89B
Interest Coverage Ratio
3.59x
TTM Avg
10.69x
3Y Avg
45.27x
5Y Avg
229.01x
Market Cap
$2.11B
Interest Coverage Ratio
-3.52x
TTM Avg
9.00x
3Y Avg
12.72x
5Y Avg
23.08x
Market Cap
$7.95B
Interest Coverage Ratio
3.61x
TTM Avg
6.46x
3Y Avg
13.16x
5Y Avg
11.28x
Market Cap
$1.47B
Interest Coverage Ratio
17.46x
TTM Avg
15.14x
3Y Avg
15.12x
5Y Avg
12.86x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.80B | 36.42x | 14.45x | 19.07x | 25.38x |
| California Resources Corp (CRC)vs › | $5.04B | 8.04x | 7.76x | 14.26x | 12.29x |
| Oceaneering International, Inc. (OII)vs › | $5.08B | 8.24x | 7.37x | 5.65x | 4.72x |
| Helmerich & Payne, Inc. (HP)vs › | $4.40B | 2.15x | 8.84x | 13.14x | 13.14x |
| Weatherford International plc (WFRD)vs › | $6.37B | 5.52x | 5.73x | 4.48x | 3.68x |
| Centrus Energy Corp. (LEU)vs › | $2.89B | 3.59x | 10.69x | 45.27x | 229.01x |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.11B | -3.52x | 9.00x | 12.72x | 23.08x |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.95B | 3.61x | 6.46x | 13.16x | 11.28x |
| Natural Resource Partners L.P. (NRP)vs › | $1.47B | 17.46x | 15.14x | 15.12x | 12.86x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.43B | N/A | 595.74x | 595.74x | 595.74x |
Interest Coverage
36.4x
Debt/Equity
0.52
Current Ratio
3.45
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 | -32.34x |
| 2026-03-31 | -46.83x |
| 2025-12-31 | 26.29x |
| 2025-09-30 | 79.71x |
| 2025-06-30 | 45.41x |
| 2025-03-31 | 15.59x |
| 2024-12-31 | 24.34x |
| 2024-09-30 | 22.26x |
| 2024-06-30 | 0.81x |
| 2024-03-31 | -13.25x |
| 2023-12-31 | -4.51x |
| 2023-09-30 | 53.73x |
| 2023-06-30 | 76.76x |
| 2023-03-31 | 77.77x |
| 2022-12-31 | 68.87x |
| 2022-09-30 | 60.06x |
| 2022-06-30 | 43.37x |
| 2022-03-31 | 22.60x |
| 2021-12-31 | 4.55x |
| 2021-09-30 | 2.96x |
| 2021-06-30 | 4.75x |
| 2021-03-31 | 8.38x |
| 2020-12-31 | 13.41x |
| 2020-09-30 | 8.64x |
| 2020-06-30 | 1.82x |
| 2020-03-31 | 14.17x |
| 2019-12-31 | 19.30x |
| 2019-09-30 | 14.74x |
| 2019-06-30 | 12.91x |
| 2019-03-31 | 2.02x |
| 2018-12-31 | 1.92x |
| 2018-09-30 | -0.15x |
| 2018-06-30 | -0.25x |
| 2018-03-31 | -1.08x |
| 2017-12-31 | -1.09x |
| 2017-09-30 | -3.35x |
| 2017-06-30 | -4.45x |
| 2017-03-31 | -10.33x |
| 2016-12-31 | -8.59x |
| 2016-09-30 | -14.37x |
| 2016-06-30 | -74.47x |
| 2016-03-31 | -125.58x |
| 2015-12-31 | -77.40x |
| 2015-09-30 | 12.71x |
| 2015-06-30 | -4.24x |
| 2015-03-31 | -71.13x |
| 2014-12-31 | 3.41x |
| 2014-09-30 | 5.32x |
| 2014-06-30 | -5.12x |
| 2014-03-31 | -12.88x |
| 2013-12-31 | -2.40x |
| 2013-09-30 | -12.23x |
| 2013-06-30 | -11.35x |
| 2013-03-31 | -20.93x |
| 2012-12-31 | -6.03x |
| 2012-09-30 | -15.55x |
| 2012-06-30 | -2.20x |
| 2012-03-31 | -6.27x |
| 2011-12-31 | -2.78x |
| 2011-09-30 | -7.26x |
| 2011-06-30 | -20.63x |
| 2011-03-31 | -31.99x |
| 2010-12-31 | -24.12x |
| 2010-09-30 | -20.65x |
| 2010-06-30 | -16.04x |
| 2010-03-31 | -49.77x |
