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 4.09x is 302% above its 2-year average of 1.02x, near the high end of its 2-year range (-4.36x–5.82x).
As of the fiscal period ended Sunday, June 30, 2024. 113.22% above its 12-month average of 1.92x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2024 (2024-06-30): 4.09x.
INTEREST COVERAGE RATIO
4.09x
INTEREST COVERAGE RATIO AVG TTM
1.92x
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
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
+113.22%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
4.59x
median of 30 covered companies
CURRENT VS SECTOR MEDIAN
-11.00%
vs the sector median at left
FACT II Acquisition Corp
Market Cap
$260.97M
Interest Coverage Ratio
4.09x
TTM Avg
1.92x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$261.51M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$261.73M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$262.30M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$257.77M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$264.62M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$257.28M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.32M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FACT II Acquisition Corp (FACT) | $260.97M | 4.09x | 1.92x | N/A | N/A |
| GigCapital8 Corp. (GIW)vs › | $261.19M | N/A | N/A | N/A | N/A |
| Art Technology Acquisition Corp. (ARTC)vs › | $261.51M | N/A | N/A | N/A | N/A |
| AMR Resources Acquisition Corp Class A Ordinary Shares (AMAC)vs › | $261.73M | N/A | N/A | N/A | N/A |
| Cantor Equity Partners V, Inc. Class A Ordinary Shares (CEPV)vs › | $262.30M | N/A | N/A | N/A | N/A |
| Armada Acquisition Corp. III (AACI)vs › | $257.77M | N/A | N/A | N/A | N/A |
| Drugs Made In America Acquisition Corp. Ordinary Shares (DMAA)vs › | $264.62M | N/A | N/A | N/A | N/A |
| Cantor Equity Partners Vii Inc. (CAES)vs › | $257.28M | N/A | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.32M | N/A | N/A | N/A | N/A |
| GBank Financial Holdings Inc. (GBFH)vs › | $255.55M | N/A | N/A | N/A | N/A |
Interest Coverage
4.1x
Debt/Equity
0.00
Current Ratio
1.69
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 |
|---|---|
| 2024-06-30 | 4.09x |
| 2024-03-31 | 2.11x |
| 2023-12-31 | -4.36x |
| 2023-10-01 | 5.82x |
| 2022-09-30 | 0.14x |
| 2022-06-30 | -1.70x |
