Basis: Latest reported fiscal quarter. 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 -32.34x is 227% below its 5-year average of 25.38x, near the low end of its 5-year range (-46.83x–79.71x).
As of the fiscal period ended Tuesday, June 30, 2026. 323.84% below its 12-month average of 14.45x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-32.34x
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
-323.84%
CURRENT VS 3Y AVG
-269.56%
CURRENT VS 5Y AVG
-227.45%
CURRENT VS 10Y AVG
-506.95%
CURRENT VS 15Y AVG
-1596.90%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-592.63%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.62B
Interest Coverage Ratio
-32.34x
TTM Avg
14.45x
3Y Avg
19.07x
5Y Avg
25.38x
Market Cap
$4.49B
Interest Coverage Ratio
8.04x
TTM Avg
7.76x
3Y Avg
14.26x
5Y Avg
12.29x
Market Cap
$5.90B
Interest Coverage Ratio
5.52x
TTM Avg
5.73x
3Y Avg
4.48x
5Y Avg
3.68x
Market Cap
$3.34B
Interest Coverage Ratio
2.15x
TTM Avg
8.84x
3Y Avg
13.14x
5Y Avg
13.14x
Market Cap
$3.03B
Interest Coverage Ratio
3.59x
TTM Avg
10.69x
3Y Avg
45.27x
5Y Avg
229.01x
Market Cap
$2.37B
Interest Coverage Ratio
-3.52x
TTM Avg
9.00x
3Y Avg
12.72x
5Y Avg
23.08x
Market Cap
$1.30B
Interest Coverage Ratio
N/A
TTM Avg
595.74x
3Y Avg
595.74x
5Y Avg
595.74x
Market Cap
$995.64M
Interest Coverage Ratio
-0.25x
TTM Avg
1.77x
3Y Avg
1.77x
5Y Avg
1.65x
Market Cap
$739.90M
Interest Coverage Ratio
2.70x
TTM Avg
2.70x
3Y Avg
3.77x
5Y Avg
4.61x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.62B | -32.34x | 14.45x | 19.07x | 25.38x |
| California Resources Corp (CRC)vs › | $4.49B | 8.04x | 7.76x | 14.26x | 12.29x |
| Weatherford International plc (WFRD)vs › | $5.90B | 5.52x | 5.73x | 4.48x | 3.68x |
| Helmerich & Payne, Inc. (HP)vs › | $3.34B | 2.15x | 8.84x | 13.14x | 13.14x |
| Centrus Energy Corp. (LEU)vs › | $3.03B | 3.59x | 10.69x | 45.27x | 229.01x |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.37B | -3.52x | 9.00x | 12.72x | 23.08x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.30B | N/A | 595.74x | 595.74x | 595.74x |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.25x | 1.77x | 1.77x | 1.65x |
| Array Technologies, Inc. (ARRY)vs › | $739.90M | 2.70x | 2.70x | 3.77x | 4.61x |
| Star Group, L.P. (SGU)vs › | $412.72M | 6.71x | 6.00x | 5.04x | 5.53x |
Interest Coverage
-32.3x
Debt/Equity
1.14
Current Ratio
2.07
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 |
