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 8.67x is 47% below its 5-year average of 16.36x, near the low end of its 5-year range (7.59x–33.45x).
15.26% below its 12-month average of 10.23x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 12.73x.
INTEREST COVERAGE RATIO
8.67x
INTEREST COVERAGE RATIO AVG TTM
10.23x
INTEREST COVERAGE RATIO AVG 3Y
10.09x
INTEREST COVERAGE RATIO AVG 5Y
16.36x
INTEREST COVERAGE RATIO AVG 10Y
7.23x
INTEREST COVERAGE RATIO AVG 15Y
3.13x
INTEREST COVERAGE RATIO AVG 20Y
3.28x
CURRENT VS TTM AVG
-15.26%
CURRENT VS 3Y AVG
-14.04%
CURRENT VS 5Y AVG
-47.01%
CURRENT VS 10Y AVG
+19.90%
CURRENT VS 15Y AVG
+176.68%
CURRENT VS 20Y AVG
+164.11%
SECTOR MEDIAN · INDUSTRIALS
2.64x
median of 341 covered companies
CURRENT VS SECTOR MEDIAN
+228.41%
vs the sector median at left
Euroseas Ltd.
Market Cap
$511.59M
Interest Coverage Ratio
8.67x
TTM Avg
10.23x
3Y Avg
10.09x
5Y Avg
16.36x
Market Cap
$515.46M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$501.67M
Interest Coverage Ratio
1.32x
TTM Avg
1.61x
3Y Avg
1.84x
5Y Avg
1.77x
Market Cap
$494.40M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$487.27M
Interest Coverage Ratio
-0.37x
TTM Avg
2.25x
3Y Avg
2.92x
5Y Avg
3.58x
Market Cap
$479.75M
Interest Coverage Ratio
0.20x
TTM Avg
0.20x
3Y Avg
17.06x
5Y Avg
20.26x
Market Cap
$549.33M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$552.75M
Interest Coverage Ratio
1.58x
TTM Avg
1.99x
3Y Avg
2.81x
5Y Avg
3.44x
Market Cap
$452.36M
Interest Coverage Ratio
41.78x
TTM Avg
28.05x
3Y Avg
28.05x
5Y Avg
28.05x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Euroseas Ltd. (ESEA) | $511.59M | 8.67x | 10.23x | 10.09x | 16.36x |
| Kelly Services, Inc. (KELYB)vs › | $515.46M | N/A | 7.32x | 11.36x | 16.35x |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $501.67M | 1.32x | 1.61x | 1.84x | 1.77x |
| Accelevation Holdings Corp. (ACCV)vs › | $494.40M | N/A | N/A | N/A | N/A |
| Columbus McKinnon Corporation (CMCO)vs › | $487.27M | -0.37x | 2.25x | 2.92x | 3.58x |
| Forward Air Corporation (FWRD)vs › | $479.75M | 0.20x | 0.20x | 17.06x | 20.26x |
| Kelly Services, Inc. (KELYA)vs › | $549.33M | N/A | 7.32x | 11.36x | 16.35x |
| Pangaea Logistics Solutions, Ltd. (PANL)vs › | $552.75M | 1.58x | 1.99x | 2.81x | 3.44x |
| BUUU Group Ltd (BUUU)vs › | $452.36M | 41.78x | 28.05x | 28.05x | 28.05x |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $445.94M | 5.90x | 6.97x | 7.11x | 7.11x |
Interest Coverage
8.7x
Debt/Equity
0.40
Current Ratio
5.46
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 | 12.73x |
| 2026-03-31 | 11.31x |
| 2025-12-31 | 9.89x |
| 2025-09-30 | 8.82x |
| 2025-06-30 | 8.41x |
| 2025-03-31 | 10.36x |
| 2024-12-31 | 7.59x |
| 2024-09-30 | 9.42x |
| 2024-06-30 | 20.61x |
| 2024-03-31 | 11.33x |
| 2023-12-31 | 11.02x |
| 2023-09-30 | 18.16x |
| 2023-06-30 | 24.02x |
| 2023-03-31 | 33.45x |
| 2022-12-31 | 13.44x |
| 2022-09-30 | 18.57x |
| 2022-06-30 | 28.16x |
| 2022-03-31 | 28.20x |
| 2021-12-31 | 30.85x |
| 2021-09-30 | 14.54x |
| 2021-06-30 | 12.71x |
| 2021-03-31 | 5.76x |
| 2020-12-31 | 2.38x |
| 2020-09-30 | 1.38x |
| 2020-06-30 | 2.54x |
| 2020-03-31 | 2.56x |
| 2019-12-31 | 0.34x |
| 2019-09-30 | 0.79x |
| 2019-06-30 | 0.36x |
| 2019-03-31 | 0.94x |
| 2018-12-31 | 0.42x |
| 2018-09-30 | -0.21x |
| 2018-06-30 | 4.04x |
| 2018-03-31 | -1.21x |
| 2017-12-31 | 3.00x |
| 2017-09-30 | -13.57x |
| 2017-06-30 | -0.15x |
| 2017-03-31 | -1.88x |
| 2016-12-31 | -16.72x |
| 2016-09-30 | -3.63x |
| 2016-06-30 | -8.04x |
| 2016-03-31 | -6.45x |
| 2015-12-31 | -12.94x |
| 2015-09-30 | -1.98x |
| 2015-06-30 | -7.65x |
| 2015-03-31 | -8.35x |
| 2014-12-31 | -10.25x |
| 2014-09-30 | -4.89x |
| 2014-06-30 | -8.35x |
| 2014-03-31 | -3.35x |
| 2013-12-31 | -199.85x |
| 2013-09-30 | -6.42x |
| 2013-06-30 | -16.30x |
| 2013-03-31 | -8.13x |
| 2012-12-31 | -2.73x |
| 2012-09-30 | 0.48x |
| 2012-06-30 | -1.04x |
| 2012-03-31 | -15.64x |
| 2011-12-31 | 2.92x |
| 2011-09-30 | 4.20x |
| 2011-06-30 | 2.50x |
| 2011-03-31 | -0.57x |
| 2010-12-31 | -7.52x |
| 2010-09-30 | 0.13x |
| 2010-06-30 | 3.26x |
| 2010-03-31 | 3.08x |
| 2009-12-31 | -14.98x |
| 2009-09-30 | 7.90x |
| 2009-06-30 | 4.55x |
| 2009-03-31 | 5.60x |
| 2008-12-31 | -28.92x |
| 2008-09-30 | 25.61x |
| 2008-06-30 | 22.48x |
| 2008-03-31 | 13.15x |
| 2007-09-30 | 8.07x |
| 2007-06-30 | 6.23x |
| 2007-03-31 | 8.61x |
