Interest Coverage Ratio: 389.45x
Is the interest coverage ratio high or low?
The interest coverage ratio of 389.45x is in line with its 5-year average of 389.16x, near the low end of its 5-year range (121.62x–1411.00x).
As of Sunday, June 28, 2026. 31.88% above its 12-month average of 295.31x.
EW Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
EW Average Interest Coverage Ratio Chart
EW Current vs Average Interest Coverage Ratio Chart
EW Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
389.45x
INTEREST COVERAGE RATIO AVG TTM
295.31x
INTEREST COVERAGE RATIO AVG 3Y
322.28x
INTEREST COVERAGE RATIO AVG 5Y
389.16x
INTEREST COVERAGE RATIO AVG 10Y
159.57x
INTEREST COVERAGE RATIO AVG 15Y
112.45x
INTEREST COVERAGE RATIO AVG 20Y
92.13x
CURRENT VS TTM AVG
+31.88%
CURRENT VS 3Y AVG
+20.84%
CURRENT VS 5Y AVG
+0.08%
CURRENT VS 10Y AVG
+144.07%
CURRENT VS 15Y AVG
+246.34%
CURRENT VS 20Y AVG
+322.70%
EW Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edwards Lifesciences Corporation (EW) | $52.27B | 389.45x | 295.31x | 322.28x | 389.16x |
| Cencora, Inc. (COR)vs › | $55.67B | 8.69x | 10.46x | 10.41x | 11.51x |
| Cardinal Health, Inc. (CAH)vs › | $55.72B | 10.58x | 17.48x | 14.63x | 11.63x |
| Becton, Dickinson and Company (BDX)vs › | $56.49B | 4.21x | 4.38x | 4.79x | 4.28x |
| Humana Inc. (HUM)vs › | $46.08B | 2.30x | 2.38x | 5.10x | 7.90x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $43.50B | 35.54x | 35.85x | 30.16x | 28.81x |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $65.20B | 81.69x | 77.00x | 76.06x | 87.20x |
| Boston Scientific Corporation (BSX)vs › | $65.74B | 11.38x | 9.10x | 7.54x | 6.16x |
| Agilent Technologies, Inc. (A)vs › | $38.41B | 13.21x | 14.36x | 15.54x | 14.94x |
| Medline Inc. (MDLN)vs › | $32.87B | 2.72x | 2.21x | 1.60x | 1.60x |
Financial Health Indicators
Interest Coverage
389.5x
Debt/Equity
0.07
Current Ratio
3.72
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The interest coverage ratio for EW stock is 389.45x.
- Is Edwards Lifesciences Corporation's interest coverage ratio high or low?
- The interest coverage ratio of 389.45x is in line with its 5-year average of 389.16x, near the low end of its 5-year range (121.62x–1411.00x).
- What is the TTM average interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The TTM average interest coverage ratio for EW stock is 295.31x.
- What is the 3Y average interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The 3Y average interest coverage ratio for EW stock is 322.28x.
- What is the 5Y average interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The 5Y average interest coverage ratio for EW stock is 389.16x.
- What is the 10Y average interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The 10Y average interest coverage ratio for EW stock is 159.57x.
- What is the 15Y average interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The 15Y average interest coverage ratio for EW stock is 112.45x.
- What is the 20Y average interest coverage ratio for Edwards Lifesciences Corporation (EW)?
- The 20Y average interest coverage ratio for EW stock is 92.13x.
EW Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2022-06-30 | 389.45x |
| 2022-03-31 | 435.70x |
| 2021-12-31 | 301.50x |
| 2021-09-30 | 169.67x |
| 2021-06-30 | 180.24x |
| 2021-03-31 | 300.62x |
| 2020-12-31 | 362.30x |
| 2020-09-30 | 438.75x |
| 2018-09-30 | 121.62x |
| 2018-06-30 | 1411.00x |
| 2017-06-30 | 169.87x |
| 2017-03-31 | 123.04x |
| 2016-12-31 | 24.29x |
| 2016-06-30 | 75.25x |
| 2016-03-31 | 84.13x |
| 2015-12-31 | 67.19x |
| 2015-09-30 | 62.32x |
| 2015-06-30 | 81.56x |
| 2015-03-31 | 68.92x |
| 2014-12-31 | 82.53x |
| 2014-09-30 | 51.80x |
| 2014-06-30 | 38.48x |
| 2014-03-31 | 26.71x |
| 2013-12-31 | 30.35x |
| 2013-09-30 | 101.30x |
| 2013-06-30 | 305.75x |
| 2012-12-31 | 109.92x |
| 2012-09-30 | 105.11x |
| 2012-03-31 | 78.27x |
| 2011-12-31 | 96.11x |
| 2011-09-30 | 59.90x |
| 2011-06-30 | 107.57x |
| 2011-03-31 | 156.80x |
| 2010-12-31 | 161.20x |
| 2010-09-30 | 96.29x |
| 2010-06-30 | 147.20x |
| 2010-03-31 | 313.50x |
| 2009-12-31 | 128.80x |
| 2009-09-30 | 62.67x |
| 2009-06-30 | 312.50x |
| 2009-03-31 | 68.38x |
| 2008-06-30 | 131.75x |
| 2008-03-31 | 86.75x |
| 2007-09-30 | 91.50x |
| 2007-06-30 | 117.75x |
| 2007-03-31 | 223.00x |
| 2006-09-30 | 50.25x |
| 2006-06-30 | 76.17x |
| 2006-03-31 | 73.33x |
| 2005-12-31 | 4.87x |
| 2005-09-30 | 18.23x |
| 2005-06-30 | 13.94x |
| 2005-03-31 | 15.21x |
| 2004-12-31 | 2.80x |
| 2004-09-30 | 10.38x |
| 2004-06-30 | 11.25x |
| 2004-03-31 | 6.32x |
| 2003-12-31 | 2.96x |
| 2003-09-30 | 9.11x |
| 2003-06-30 | 8.89x |
| 2003-03-31 | 12.22x |
| 2002-12-31 | 2.70x |
| 2002-09-30 | -15.15x |
| 2002-06-30 | 10.37x |
About Edwards Lifesciences Corporation
Edwards Lifesciences Corporation is a global medical technology firm specializing in sophisticated products and technologies for structural heart conditions, alongside critical care and surgical patient monitoring. With operations spanning the United States, Europe, Japan, and various international territories, the company offers a comprehensive suite of solutions. Their structural heart disease portfolio encompasses transcatheter heart valve replacement systems designed for minimally invasive procedures, as well as transcatheter repair and replacement options specifically targeting mitral and tricuspid valve pathologies, exemplified by their PASCAL and Cardioband systems. Additionally, they provide advanced surgical structural heart solutions, including the INSPIRIS aortic surgical valve, the KONECT RESILIA pre-assembled aortic tissue valved conduit for complex valve, root, and ascending aorta replacements, and the HARPOON Beating Heart Mitral Valve Repair System for patients suffering from degenerative mitral regurgitation. In the realm of critical care, Edwards supplies advanced hemodynamic monitoring systems that assess patients' cardiac function and fluid status in both surgical and intensive care environments. This offering also features the Acumen Hypotension Prediction Index software, which provides early alerts to clinicians regarding potential dangerously low blood pressure. The company distributes its products to healthcare providers through a combination of its proprietary sales force and independent distributor networks. Founded in 1958, Edwards Lifesciences Corporation maintains its headquarters in Irvine, California.
- Sector
- Healthcare
- Industry
- Medical - Devices
- CEO
- Bernard J. Zovighian