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 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 the fiscal period ended Thursday, June 30, 2022. 31.88% above its 12-month average of 295.31x.
Reported quarterly interest coverage; no daily interpolation.
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
93.54x
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
+316.33%
SECTOR MEDIAN · HEALTHCARE
6.61x
median of 71 covered companies
CURRENT VS SECTOR MEDIAN
+5791.90%
vs the sector median at left
Edwards Lifesciences Corporation
Market Cap
$53.58B
Interest Coverage Ratio
389.45x
TTM Avg
295.31x
3Y Avg
322.28x
5Y Avg
389.16x
Market Cap
$54.84B
Interest Coverage Ratio
9.23x
TTM Avg
9.23x
3Y Avg
14.73x
5Y Avg
13.28x
Market Cap
$50.58B
Interest Coverage Ratio
4.21x
TTM Avg
4.38x
3Y Avg
4.79x
5Y Avg
4.28x
Market Cap
$61.13B
Interest Coverage Ratio
8.69x
TTM Avg
10.46x
3Y Avg
10.41x
5Y Avg
11.51x
Market Cap
$45.01B
Interest Coverage Ratio
35.54x
TTM Avg
35.85x
3Y Avg
30.16x
5Y Avg
28.81x
Market Cap
$41.87B
Interest Coverage Ratio
13.21x
TTM Avg
14.36x
3Y Avg
15.54x
5Y Avg
14.94x
Market Cap
$39.79B
Interest Coverage Ratio
3.14x
TTM Avg
3.21x
3Y Avg
3.42x
5Y Avg
3.19x
Market Cap
$34.26B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edwards Lifesciences Corporation (EW) | $53.58B | 389.45x | 295.31x | 322.28x | 389.16x |
| Cardinal Health, Inc. (CAH)vs › | $54.84B | 9.23x | 9.23x | 14.73x | 13.28x |
| Becton, Dickinson and Company (BDX)vs › | $50.58B | 4.21x | 4.38x | 4.79x | 4.28x |
| Humana Inc. (HUM)vs › | $46.67B | 2.30x | 2.38x | 5.10x | 7.90x |
| Cencora, Inc. (COR)vs › | $61.13B | 8.69x | 10.46x | 10.41x | 11.51x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $45.01B | 35.54x | 35.85x | 30.16x | 28.81x |
| Agilent Technologies, Inc. (A)vs › | $41.87B | 13.21x | 14.36x | 15.54x | 14.94x |
| IQVIA Holdings Inc. (IQV)vs › | $39.79B | 3.14x | 3.21x | 3.42x | 3.19x |
| DexCom, Inc. (DXCM)vs › | $34.26B | 49.83x | 40.70x | 32.97x | 24.93x |
| Cigna Corporation (CI)vs › | $73.30B | 6.61x | 6.58x | 6.49x | 6.37x |
Interest Coverage
389.5x
Debt/Equity
0.07
Current Ratio
4.52
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 |
|---|---|
| 2022-06-30 | 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 |
