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 925.84x is 300% above its 5-year average of 231.50x, near the low end of its 5-year range (58.89x–45594.50x).
As of the fiscal period ended Friday, September 30, 2022. 262.42% above its 12-month average of 255.46x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
925.84x
INTEREST COVERAGE RATIO AVG TTM
255.46x
INTEREST COVERAGE RATIO AVG 3Y
534.12x
INTEREST COVERAGE RATIO AVG 5Y
231.50x
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
+262.42%
CURRENT VS 3Y AVG
+73.34%
CURRENT VS 5Y AVG
+299.94%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
5.23x
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+17602.55%
vs the sector median at left
Erie Indemnity Company
Market Cap
$11.64B
Interest Coverage Ratio
925.84x
TTM Avg
255.46x
3Y Avg
534.12x
5Y Avg
231.50x
Market Cap
$12.01B
Interest Coverage Ratio
13.41x
TTM Avg
14.10x
3Y Avg
13.88x
5Y Avg
12.26x
Market Cap
$10.15B
Interest Coverage Ratio
1813.11x
TTM Avg
1813.11x
3Y Avg
1813.11x
5Y Avg
1813.11x
Market Cap
$9.86B
Interest Coverage Ratio
13.29x
TTM Avg
11.97x
3Y Avg
11.69x
5Y Avg
24.88x
Market Cap
$9.71B
Interest Coverage Ratio
-10.55x
TTM Avg
7.92x
3Y Avg
7.92x
5Y Avg
5.69x
Market Cap
$13.95B
Interest Coverage Ratio
9.91x
TTM Avg
9.29x
3Y Avg
7.32x
5Y Avg
6.95x
Market Cap
$14.05B
Interest Coverage Ratio
10.36x
TTM Avg
10.40x
3Y Avg
11.16x
5Y Avg
11.71x
Market Cap
$14.22B
Interest Coverage Ratio
-8.43x
TTM Avg
14.35x
3Y Avg
16.23x
5Y Avg
12.36x
Market Cap
$14.42B
Interest Coverage Ratio
14.06x
TTM Avg
12.04x
3Y Avg
11.50x
5Y Avg
14.05x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Erie Indemnity Company (ERIE) | $11.64B | 925.84x | 255.46x | 534.12x | 231.50x |
| American Financial Group, Inc. (AFG)vs › | $12.01B | 13.41x | 14.10x | 13.88x | 12.26x |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.15B | 1813.11x | 1813.11x | 1813.11x | 1813.11x |
| FactSet Research Systems Inc. (FDS)vs › | $9.86B | 13.29x | 11.97x | 11.69x | 24.88x |
| Hut 8 Corp. (HUT)vs › | $9.71B | -10.55x | 7.92x | 7.92x | 5.69x |
| Assurant, Inc. (AIZ)vs › | $13.95B | 9.91x | 9.29x | 7.32x | 6.95x |
| Globe Life Inc. (GL)vs › | $14.05B | 10.36x | 10.40x | 11.16x | 11.71x |
| Invesco Ltd. (IVZ)vs › | $14.22B | -8.43x | 14.35x | 16.23x | 12.36x |
| Everest Group, Ltd. (EG)vs › | $14.42B | 14.06x | 12.04x | 11.50x | 14.05x |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.48B | 59.58x | 55.19x | 48.33x | 163.49x |
Interest Coverage
925.8x
Debt/Equity
0.03
Current Ratio
1.25
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 |
|---|---|
| 2022-09-30 | 925.84x |
| 2022-06-30 | 116.20x |
| 2022-03-31 | 84.40x |
| 2021-12-31 | 58.89x |
| 2021-09-30 | 91.98x |
| 2021-06-30 | 81.87x |
| 2021-03-31 | 75.42x |
| 2020-12-31 | 89.98x |
| 2020-09-30 | 32075.00x |
| 2020-06-30 | 45594.50x |
| 2020-03-31 | 28563.67x |
| 2019-12-31 | 2862.50x |
| 2019-09-30 | 954.12x |
| 2019-06-30 | 355.18x |
| 2019-03-31 | 191.81x |
| 2018-12-31 | 125.43x |
| 2018-09-30 | 136.38x |
| 2018-06-30 | 158.34x |
| 2018-03-31 | 140.27x |
| 2017-12-31 | 133.85x |
| 2017-09-30 | 215.49x |
| 2017-06-30 | 324.70x |
| 2017-03-31 | 403.25x |
