Enphase Energy, Inc. (ENPH) Interest Coverage Ratio: 36.42x
The interest coverage ratio for Enphase Energy, Inc. (ENPH) is 36.42x as of Monday, June 15, 2026.
ENPH Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
36.42x
ENPH Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $7.19B | 36.42x | N/A | N/A | N/A |
| Weatherford International plc (WFRD)vs › | $7.29B | 5.52x | 5.73x | 4.48x | 3.68x |
| California Resources Corporation (CRC)vs › | $5.20B | 8.04x | 7.76x | 14.26x | 12.29x |
| Antero Midstream Corporation (AM)vs › | $10.29B | 3.39x | 3.29x | 3.06x | 3.08x |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | 2.15x | 8.84x | 13.14x | 13.14x |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.25x | 1.77x | 1.77x | 1.65x |
| enCore Energy Corp. (EU)vs › | $264.16M | -26.60x | N/A | N/A | N/A |
| Venture Global, Inc. (VG)vs › | $31.94B | 3.46x | 3.24x | 5.02x | 5.02x |
| EQT Corporation (EQT)vs › | $32.49B | 7.18x | 4.34x | 7.53x | 7.53x |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 4.14x | 4.61x | 7.25x | 6.38x |
Financial Health Indicators
Interest Coverage
36.4x
Debt/Equity
1.14
Current Ratio
2.07
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Enphase Energy, Inc. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enphase Energy, Inc. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Enphase Energy, Inc. (ENPH)?
- The interest coverage ratio for ENPH stock is 36.42x.
About Enphase Energy, Inc.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
- Sector
- Energy
- Industry
- Solar
- CEO
- Badrinarayanan Kothandaraman