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 36.18x is 15% below its 5-year average of 42.37x, around the middle of its 5-year range (-22.85x–119.09x).
26.81% below its 12-month average of 49.43x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 80.96x.
INTEREST COVERAGE RATIO
36.18x
INTEREST COVERAGE RATIO AVG TTM
49.43x
INTEREST COVERAGE RATIO AVG 3Y
45.17x
INTEREST COVERAGE RATIO AVG 5Y
42.37x
INTEREST COVERAGE RATIO AVG 10Y
21.46x
INTEREST COVERAGE RATIO AVG 15Y
28.46x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-26.81%
CURRENT VS 3Y AVG
-19.90%
CURRENT VS 5Y AVG
-14.62%
CURRENT VS 10Y AVG
+68.59%
CURRENT VS 15Y AVG
+27.12%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+451.10%
vs the sector median at left
First Solar, Inc.
Market Cap
$18.95B
Interest Coverage Ratio
36.18x
TTM Avg
49.43x
3Y Avg
45.17x
5Y Avg
42.37x
Market Cap
$20.07B
Interest Coverage Ratio
8.67x
TTM Avg
8.67x
3Y Avg
20.84x
5Y Avg
22.55x
Market Cap
$15.52B
Interest Coverage Ratio
9.89x
TTM Avg
9.16x
3Y Avg
11.06x
5Y Avg
8.52x
Market Cap
$23.09B
Interest Coverage Ratio
N/A
TTM Avg
34.22x
3Y Avg
21.04x
5Y Avg
21.04x
Market Cap
$11.97B
Interest Coverage Ratio
265.83x
TTM Avg
157.31x
3Y Avg
112.26x
5Y Avg
450.55x
Market Cap
$26.43B
Interest Coverage Ratio
4.79x
TTM Avg
4.31x
3Y Avg
5.57x
5Y Avg
4.52x
Market Cap
$27.54B
Interest Coverage Ratio
6.42x
TTM Avg
8.63x
3Y Avg
7.45x
5Y Avg
6.64x
Market Cap
$10.04B
Interest Coverage Ratio
3.39x
TTM Avg
3.29x
3Y Avg
3.06x
5Y Avg
3.08x
Market Cap
$30.25B
Interest Coverage Ratio
48.87x
TTM Avg
44.20x
3Y Avg
48.32x
5Y Avg
44.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $18.95B | 36.18x | 49.43x | 45.17x | 42.37x |
| Expand Energy Corporation (EXE)vs › | $20.07B | 8.67x | 8.67x | 20.84x | 22.55x |
| APA Corporation (APA)vs › | $15.52B | 9.89x | 9.16x | 11.06x | 8.52x |
| Texas Pacific Land Corporation (TPL)vs › | $23.09B | N/A | 34.22x | 21.04x | 21.04x |
| Nextpower Inc. (NXT)vs › | $11.97B | 265.83x | 157.31x | 112.26x | 450.55x |
| Pembina Pipeline Corporation (PBA)vs › | $26.43B | 4.79x | 4.31x | 5.57x | 4.52x |
| Halliburton Company (HAL)vs › | $27.54B | 6.42x | 8.63x | 7.45x | 6.64x |
| Antero Midstream Corporation (AM)vs › | $10.04B | 3.39x | 3.29x | 3.06x | 3.08x |
| Tenaris S.A. (TS)vs › | $30.25B | 48.87x | 44.20x | 48.32x | 44.63x |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.19B | 3.61x | 6.46x | 13.16x | 11.28x |
Interest Coverage
36.2x
Debt/Equity
0.02
Current Ratio
2.52
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 |
|---|---|
| 2026-06-30 | 80.96x |
| 2026-03-31 | 45.35x |
| 2025-12-31 | 48.48x |
| 2025-09-30 | 33.01x |
| 2025-06-30 | 39.37x |
| 2025-03-31 | 23.23x |
| 2024-12-31 | 41.96x |
| 2024-09-30 | 35.75x |
| 2024-06-30 | 38.15x |
| 2024-03-31 | 26.40x |
| 2023-12-31 | 56.28x |
| 2023-09-30 | 73.10x |
| 2023-06-30 | 119.09x |
| 2023-03-31 | 24.07x |
| 2022-12-31 | -14.65x |
| 2022-09-30 | -22.85x |
| 2022-06-30 | 44.75x |
| 2022-03-31 | -20.18x |
| 2021-12-31 | 68.44x |
| 2021-09-30 | 17.20x |
| 2021-06-30 | 23.88x |
| 2021-03-31 | 84.23x |
| 2020-12-31 | 19.14x |
| 2020-09-30 | 18.88x |
| 2020-06-30 | 15.64x |
| 2020-03-31 | 0.24x |
| 2019-12-31 | -38.67x |
| 2019-09-30 | 8.30x |
| 2019-06-30 | -0.96x |
| 2019-03-31 | -7.57x |
| 2018-12-31 | 0.96x |
| 2018-09-30 | 18.28x |
| 2018-06-30 | -17.09x |
| 2018-03-31 | 14.33x |
| 2017-12-31 | -5.77x |
| 2017-09-30 | 49.89x |
| 2017-06-30 | 2.19x |
| 2017-03-31 | -0.87x |
| 2016-12-31 | -258.06x |
| 2016-09-30 | 13.18x |
| 2016-06-30 | -0.03x |
| 2016-03-31 | 38.76x |
| 2015-12-31 | 82.61x |
| 2015-09-30 | 224.12x |
| 2015-06-30 | 69.17x |
| 2015-03-31 | -361.41x |
| 2014-12-31 | 356.13x |
| 2014-09-30 | 942.42x |
| 2014-06-30 | 2.05x |
| 2014-03-31 | 339.69x |
| 2013-12-31 | -3887.50x |
| 2013-09-30 | 756.01x |
| 2013-06-30 | 44.68x |
| 2013-03-31 | 81.61x |
| 2012-12-31 | 63.85x |
| 2012-09-30 | 36.89x |
| 2012-06-30 | 18.94x |
| 2012-03-31 | -495.96x |
| 2011-12-31 | -4853.20x |
| 2010-06-26 | 30078.83x |
| 2009-12-31 | 355.59x |
| 2009-09-30 | 1829.11x |
| 2009-07-31 | 53.32x |
| 2009-03-31 | 179.74x |
| 2008-09-27 | 1024.82x |
