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 -8.17x is 65% above its 5-year average of -23.15x, near the high end of its 5-year range (-369.15x–-0.70x).
37.56% below its 12-month average of -5.94x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-07-05): -6.64x.
INTEREST COVERAGE RATIO
-8.17x
INTEREST COVERAGE RATIO AVG TTM
-5.94x
INTEREST COVERAGE RATIO AVG 3Y
-24.15x
INTEREST COVERAGE RATIO AVG 5Y
-23.15x
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
-37.56%
CURRENT VS 3Y AVG
+66.18%
CURRENT VS 5Y AVG
+64.71%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
-515.78%
vs the sector median at left
Enovix Corporation
Market Cap
$589.01M
Interest Coverage Ratio
-8.17x
TTM Avg
-5.94x
3Y Avg
-24.15x
5Y Avg
-23.15x
Market Cap
$587.21M
Interest Coverage Ratio
-0.06x
TTM Avg
4.05x
3Y Avg
10.96x
5Y Avg
8.54x
Market Cap
$605.95M
Interest Coverage Ratio
0.32x
TTM Avg
0.21x
3Y Avg
0.94x
5Y Avg
1.05x
Market Cap
$621.04M
Interest Coverage Ratio
-42.05x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$550.14M
Interest Coverage Ratio
1.58x
TTM Avg
1.99x
3Y Avg
2.81x
5Y Avg
3.44x
Market Cap
$548.17M
Interest Coverage Ratio
420.26x
TTM Avg
1452.24x
3Y Avg
1276.11x
5Y Avg
1276.11x
Market Cap
$539.45M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$649.44M
Interest Coverage Ratio
6.07x
TTM Avg
5.62x
3Y Avg
44.82x
5Y Avg
63.12x
Market Cap
$650.41M
Interest Coverage Ratio
0.01x
TTM Avg
0.01x
3Y Avg
1.85x
5Y Avg
2.49x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enovix Corporation (ENVX) | $589.01M | -8.17x | -5.94x | -24.15x | -23.15x |
| Titan Machinery Inc. (TITN)vs › | $587.21M | -0.06x | 4.05x | 10.96x | 8.54x |
| Matthews International Corporation (MATW)vs › | $605.95M | 0.32x | 0.21x | 0.94x | 1.05x |
| Ballard Power Systems Inc. (BLDP)vs › | $621.04M | -42.05x | N/A | N/A | N/A |
| Pangaea Logistics Solutions, Ltd. (PANL)vs › | $550.14M | 1.58x | 1.99x | 2.81x | 3.44x |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $548.17M | 420.26x | 1452.24x | 1276.11x | 1276.11x |
| Kelly Services, Inc. (KELYA)vs › | $539.45M | N/A | 7.32x | 11.36x | 16.35x |
| Smith & Wesson Brands, Inc. (SWBI)vs › | $649.44M | 6.07x | 5.62x | 44.82x | 63.12x |
| Hertz Global Holdings, Inc. (HTZ)vs › | $650.41M | 0.01x | 0.01x | 1.85x | 2.49x |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $520.59M | N/A | N/A | N/A | N/A |
Interest Coverage
-8.2x
Debt/Equity
2.56
Current Ratio
9.71
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 |
|---|---|
| 2026-07-05 | -6.64x |
| 2026-04-05 | -6.26x |
| 2025-12-28 | -6.86x |
| 2025-09-28 | -3.99x |
| 2025-06-29 | -25.65x |
| 2025-03-30 | -24.80x |
| 2024-12-29 | -20.08x |
| 2024-09-29 | -28.68x |
| 2024-06-30 | -52.48x |
| 2024-03-31 | -42.28x |
| 2023-12-31 | -39.76x |
| 2023-10-01 | -32.36x |
| 2023-07-02 | -40.82x |
| 2022-12-31 | -15.94x |
| 2022-10-02 | -0.70x |
| 2021-10-03 | -369.15x |
| 2021-06-30 | -105.06x |
| 2021-03-31 | -2.38x |
| 2020-12-31 | -1.47x |
| 2020-09-30 | -0.92x |
