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 7.00x is 15% above its 5-year average of 6.10x, near the high end of its 5-year range (-3.12x–7.39x).
5.69% above its 12-month average of 6.62x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2027 (2026-06-26): 6.53x.
INTEREST COVERAGE RATIO
7.00x
INTEREST COVERAGE RATIO AVG TTM
6.62x
INTEREST COVERAGE RATIO AVG 3Y
6.24x
INTEREST COVERAGE RATIO AVG 5Y
6.10x
INTEREST COVERAGE RATIO AVG 10Y
5.27x
INTEREST COVERAGE RATIO AVG 15Y
5.76x
INTEREST COVERAGE RATIO AVG 20Y
5.35x
CURRENT VS TTM AVG
+5.69%
CURRENT VS 3Y AVG
+12.16%
CURRENT VS 5Y AVG
+14.67%
CURRENT VS 10Y AVG
+32.90%
CURRENT VS 15Y AVG
+21.58%
CURRENT VS 20Y AVG
+30.88%
SECTOR MEDIAN · TECHNOLOGY
7.05x
median of 168 covered companies
CURRENT VS SECTOR MEDIAN
-0.71%
vs the sector median at left
Market Cap
$44.22B
Interest Coverage Ratio
2.21x
TTM Avg
1.69x
3Y Avg
7.91x
5Y Avg
6.94x
Market Cap
$44.28B
Interest Coverage Ratio
23.54x
TTM Avg
102.42x
3Y Avg
102.42x
5Y Avg
69.90x
Market Cap
$44.37B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$44.45B
Interest Coverage Ratio
20.93x
TTM Avg
20.91x
3Y Avg
18.99x
5Y Avg
17.63x
Market Cap
$44.50B
Interest Coverage Ratio
20.00x
TTM Avg
15.75x
3Y Avg
10.35x
5Y Avg
8.35x
Market Cap
$44.71B
Interest Coverage Ratio
N/A
TTM Avg
11.02x
3Y Avg
10.06x
5Y Avg
10.06x
Market Cap
$40.75B
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 |
|---|---|---|---|---|---|
| Flex Ltd. (FLEX) | $43.08B | 7.00x | 6.62x | 6.24x | 6.10x |
| Microchip Technology Incorporated (MCHP)vs › | $44.22B | 2.21x | 1.69x | 7.91x | 6.94x |
| Block, Inc. (XYZ)vs › | $44.28B | 23.54x | 102.42x | 102.42x | 69.90x |
| Veeva Systems Inc. (VEEV)vs › | $44.37B | N/A | N/A | N/A | N/A |
| NetApp, Inc. (NTAP)vs › | $44.45B | 20.93x | 20.91x | 18.99x | 17.63x |
| Celestica Inc. (CLS)vs › | $44.50B | 20.00x | 15.75x | 10.35x | 8.35x |
| Autodesk, Inc. (ADSK)vs › | $44.71B | N/A | 11.02x | 10.06x | 10.06x |
| Twilio Inc. (TWLO)vs › | $44.78B | N/A | N/A | N/A | N/A |
| Credo Technology Group Holding Ltd (CRDO)vs › | $40.75B | N/A | N/A | N/A | N/A |
| Cerebras Systems Inc. (CBRS)vs › | $39.47B | N/A | N/A | N/A | N/A |
Interest Coverage
7.0x
Debt/Equity
1.08
Current Ratio
1.38
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 |
|---|---|
| 2026-06-26 | 6.53x |
| 2026-03-31 | 7.08x |
| 2025-12-31 | 6.90x |
| 2025-09-26 | 5.69x |
| 2025-06-27 | 6.91x |
| 2025-03-31 | 5.87x |
| 2024-12-31 | 6.68x |
| 2024-09-27 | 6.46x |
| 2024-06-28 | 5.42x |
| 2024-03-31 | -3.12x |
| 2023-12-31 | 5.08x |
| 2023-09-29 | 7.39x |
| 2023-06-30 | 4.89x |
| 2023-03-31 | 4.22x |
| 2022-12-31 | 5.18x |
| 2022-09-30 | 6.25x |
| 2022-07-01 | 6.33x |
| 2022-03-31 | 5.67x |
| 2021-12-31 | 6.61x |
| 2021-10-01 | 6.41x |
| 2021-07-02 | 6.54x |
| 2021-03-31 | 7.89x |
| 2020-12-31 | 6.00x |
| 2020-09-25 | 4.61x |
| 2020-06-26 | 2.94x |
| 2020-03-31 | 5.31x |
| 2019-12-31 | 5.45x |
| 2019-09-27 | -0.83x |
| 2019-06-28 | 3.12x |
| 2019-03-31 | 2.85x |
| 2018-12-31 | 2.56x |
| 2018-09-28 | 4.43x |
| 2018-06-29 | 2.88x |
| 2018-03-31 | 2.45x |
| 2017-12-31 | 5.59x |
| 2017-09-29 | 3.47x |
| 2017-06-30 | 4.70x |
| 2017-03-31 | 5.10x |
| 2016-12-31 | 6.25x |
| 2016-09-30 | 1.80x |
| 2016-07-01 | 5.94x |
| 2016-03-31 | 3.86x |
| 2015-12-31 | 8.93x |
| 2015-09-25 | 7.44x |
| 2015-06-26 | 8.20x |
| 2015-03-31 | 13.84x |
| 2014-12-31 | 20.43x |
| 2014-09-26 | 13.13x |
| 2014-06-27 | 8.83x |
| 2014-03-31 | 8.60x |
| 2013-12-31 | 9.18x |
| 2013-09-30 | 9.74x |
| 2013-06-28 | 4.02x |
| 2013-03-31 | -0.38x |
| 2012-06-29 | 14.76x |
| 2012-03-31 | 30.27x |
| 2011-12-31 | 16.64x |
| 2011-09-30 | 106.19x |
| 2011-07-01 | 7.88x |
| 2011-03-31 | 11.06x |
| 2010-12-31 | 17.40x |
| 2010-10-01 | 7.76x |
| 2010-07-02 | 5.71x |
| 2010-03-31 | 2.87x |
| 2009-12-31 | 3.60x |
| 2009-10-02 | 0.23x |
| 2009-07-03 | -0.03x |
| 2009-03-31 | 0.08x |
| 2008-12-31 | -0.17x |
| 2008-09-26 | 1.81x |
| 2008-06-27 | 4.12x |
| 2008-03-31 | 3.01x |
| 2007-09-28 | 9.12x |
| 2007-06-29 | 7.55x |
| 2007-03-31 | 1.57x |
| 2006-12-31 | 9.13x |
| 2006-09-30 | 0.69x |
| 2006-06-30 | 3.75x |
| 2006-03-31 | -9.72x |
| 2005-12-31 | 8.95x |
| 2005-07-01 | 4.30x |
| 2005-03-31 | 1.09x |
| 2004-12-31 | 5.41x |
| 2004-09-30 | 5.49x |
| 2004-06-30 | 5.29x |
| 2003-12-31 | 8.05x |
| 2003-09-30 | 3.14x |
| 2003-06-30 | 1.54x |
| 2003-03-31 | 1.96x |
| 2002-12-31 | 3.82x |
| 2002-09-30 | 2.38x |