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 -4.40x is 247% below its 5-year average of 3.00x, near the low end of its 5-year range (-4.40x–3.96x).
As of the fiscal period ended Tuesday, June 30, 2026. 328.14% below its 12-month average of 1.93x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-4.40x
INTEREST COVERAGE RATIO AVG TTM
1.93x
INTEREST COVERAGE RATIO AVG 3Y
3.57x
INTEREST COVERAGE RATIO AVG 5Y
3.51x
INTEREST COVERAGE RATIO AVG 10Y
2.76x
INTEREST COVERAGE RATIO AVG 15Y
2.45x
INTEREST COVERAGE RATIO AVG 20Y
2.33x
CURRENT VS TTM AVG
-328.14%
CURRENT VS 3Y AVG
-223.21%
CURRENT VS 5Y AVG
-225.56%
CURRENT VS 10Y AVG
-259.60%
CURRENT VS 15Y AVG
-279.71%
CURRENT VS 20Y AVG
-288.76%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-267.45%
vs the sector median at left
Equinix, Inc.
Market Cap
$100.57B
Interest Coverage Ratio
-4.40x
TTM Avg
1.93x
3Y Avg
3.57x
5Y Avg
3.51x
Market Cap
$80.78B
Interest Coverage Ratio
4.79x
TTM Avg
4.00x
3Y Avg
3.17x
5Y Avg
3.32x
Market Cap
$74.38B
Interest Coverage Ratio
3.26x
TTM Avg
3.33x
3Y Avg
3.33x
5Y Avg
3.15x
Market Cap
$69.75B
Interest Coverage Ratio
1.50x
TTM Avg
1.27x
3Y Avg
1.43x
5Y Avg
1.62x
Market Cap
$134.93B
Interest Coverage Ratio
3.53x
TTM Avg
4.40x
3Y Avg
6.50x
5Y Avg
7.47x
Market Cap
$60.45B
Interest Coverage Ratio
7.40x
TTM Avg
7.53x
3Y Avg
10.62x
5Y Avg
14.39x
Market Cap
$59.56B
Interest Coverage Ratio
1.42x
TTM Avg
1.84x
3Y Avg
2.21x
5Y Avg
2.40x
Market Cap
$45.46B
Interest Coverage Ratio
1.35x
TTM Avg
1.24x
3Y Avg
1.06x
5Y Avg
1.07x
Market Cap
$42.51B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Equinix, Inc. (EQIX) | $100.57B | -4.40x | 1.93x | 3.57x | 3.51x |
| American Tower Corporation (AMT)vs › | $80.78B | 4.79x | 4.00x | 3.17x | 3.32x |
| Simon Property Group, Inc. (SPG)vs › | $74.38B | 3.26x | 3.33x | 3.33x | 3.15x |
| Digital Realty Trust, Inc. (DLR)vs › | $69.75B | 1.50x | 1.27x | 1.43x | 1.62x |
| Prologis, Inc. (PLD)vs › | $134.93B | 3.53x | 4.40x | 6.50x | 7.47x |
| Public Storage (PSA)vs › | $60.45B | 7.40x | 7.53x | 10.62x | 14.39x |
| Realty Income Corporation (O)vs › | $59.56B | 1.42x | 1.84x | 2.21x | 2.40x |
| Ventas, Inc. (VTR)vs › | $45.46B | 1.35x | 1.24x | 1.06x | 1.07x |
| CBRE Group, Inc. (CBRE)vs › | $42.51B | 5.80x | 6.19x | 10.45x | 14.77x |
| Iron Mountain Incorporated (IRM)vs › | $36.39B | 1.69x | 1.53x | 1.68x | 1.82x |
Interest Coverage
-4.4x
Debt/Equity
1.61
Current Ratio
1.32
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 | -4.40x |
| 2026-03-31 | 3.90x |
| 2025-12-31 | 2.79x |
| 2025-09-30 | 3.70x |
| 2025-06-30 | 3.66x |
| 2025-03-31 | 3.75x |
| 2024-12-31 | 0.82x |
| 2024-09-30 | 3.63x |
| 2024-06-30 | 3.96x |
| 2024-03-31 | 3.50x |
| 2023-12-31 | 3.36x |
| 2023-09-30 | 3.74x |
| 2023-06-30 | 3.32x |
| 2023-03-31 | 3.96x |
| 2022-12-31 | 3.00x |
| 2022-09-30 | 3.65x |
| 2022-06-30 | 3.50x |
| 2022-03-31 | 3.34x |
| 2021-12-31 | 3.11x |
| 2021-09-30 | 3.57x |
| 2021-06-30 | 3.19x |
| 2021-03-31 | 3.32x |
| 2020-12-31 | 2.51x |
| 2020-09-30 | 2.89x |
| 2020-06-30 | 2.60x |
| 2020-03-31 | 2.36x |
| 2019-12-31 | 2.66x |
| 2019-09-30 | 2.40x |
| 2019-06-30 | 2.42x |
| 2019-03-31 | 2.28x |
| 2018-12-31 | 2.08x |
| 2018-09-30 | 2.04x |
| 2018-06-30 | 1.60x |
| 2018-03-31 | 1.79x |
| 2017-12-31 | 1.84x |
| 2017-09-30 | 1.85x |
| 2017-06-30 | 1.55x |
| 2017-03-31 | 1.50x |
| 2016-12-31 | 1.87x |
| 2016-09-30 | 1.84x |
| 2016-06-30 | 1.51x |
| 2016-03-31 | 1.12x |
| 2015-12-31 | 1.71x |
| 2015-09-30 | 1.85x |
| 2015-06-30 | 1.87x |
| 2015-03-31 | 2.20x |
| 2014-12-31 | 1.80x |
| 2014-09-30 | 2.12x |
| 2014-06-30 | 1.86x |
| 2014-03-31 | 1.77x |
| 2013-12-31 | 1.91x |
| 2013-09-30 | 1.86x |
| 2013-06-30 | 1.90x |
| 2013-03-31 | 1.74x |
| 2012-12-31 | 2.02x |
| 2012-09-30 | 1.85x |
| 2012-06-30 | 2.18x |
| 2012-03-31 | 1.91x |
| 2011-12-31 | 1.50x |
| 2011-09-30 | 1.52x |
| 2011-06-30 | 1.99x |
| 2011-03-31 | 1.91x |
| 2010-12-31 | 1.40x |
| 2010-09-30 | 1.36x |
| 2010-06-30 | 1.07x |
| 2010-03-31 | 1.87x |
| 2009-12-31 | 2.25x |
| 2009-09-30 | 2.05x |
| 2009-06-30 | 2.58x |
| 2009-03-31 | 3.25x |
| 2008-09-30 | 1.37x |
| 2008-06-30 | 0.93x |
| 2008-03-31 | 0.92x |
