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 -133.50x is 12% below its 5-year average of -119.14x, near the high end of its 5-year range (-1305.00x–270.78x).
As of the fiscal period ended Sunday, December 31, 2023. 17.64% below its 12-month average of -113.48x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2023 (2023-12-31): -133.50x.
INTEREST COVERAGE RATIO
-133.50x
INTEREST COVERAGE RATIO AVG TTM
-113.48x
INTEREST COVERAGE RATIO AVG 3Y
-119.67x
INTEREST COVERAGE RATIO AVG 5Y
-119.14x
INTEREST COVERAGE RATIO AVG 10Y
-124.59x
INTEREST COVERAGE RATIO AVG 15Y
-17.38x
INTEREST COVERAGE RATIO AVG 20Y
-11.46x
CURRENT VS TTM AVG
-17.64%
CURRENT VS 3Y AVG
-11.55%
CURRENT VS 5Y AVG
-12.05%
CURRENT VS 10Y AVG
-7.15%
CURRENT VS 15Y AVG
-668.26%
CURRENT VS 20Y AVG
-1065.05%
SECTOR MEDIAN · INDUSTRIALS
3.64x
median of 297 covered companies
CURRENT VS SECTOR MEDIAN
-3767.58%
vs the sector median at left
Fuel Tech, Inc.
Market Cap
$51.42M
Interest Coverage Ratio
-133.50x
TTM Avg
-113.48x
3Y Avg
-119.67x
5Y Avg
-119.14x
Market Cap
$53.85M
Interest Coverage Ratio
-5.48x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.87M
Interest Coverage Ratio
-12.53x
TTM Avg
147.01x
3Y Avg
218.18x
5Y Avg
236.67x
Market Cap
$47.58M
Interest Coverage Ratio
-5.03x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$59.13M
Interest Coverage Ratio
1.11x
TTM Avg
1.28x
3Y Avg
4.66x
5Y Avg
4.49x
Market Cap
$42.27M
Interest Coverage Ratio
-0.42x
TTM Avg
4.38x
3Y Avg
4.38x
5Y Avg
4.38x
Market Cap
$40.52M
Interest Coverage Ratio
9.76x
TTM Avg
9.76x
3Y Avg
9.61x
5Y Avg
10.91x
Market Cap
$38.22M
Interest Coverage Ratio
32.04x
TTM Avg
45.04x
3Y Avg
40.65x
5Y Avg
40.65x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fuel Tech, Inc. (FTEK) | $51.42M | -133.50x | -113.48x | -119.67x | -119.14x |
| Circle8 Group, Inc. (CIRC)vs › | $53.85M | -5.48x | N/A | N/A | N/A |
| Culp, Inc. (CULP)vs › | $47.87M | -12.53x | 147.01x | 218.18x | 236.67x |
| Avax One Technology Ltd (AVX)vs › | $47.58M | -5.03x | N/A | N/A | N/A |
| First Breach Inc. (FBDT)vs › | $46.44M | N/A | N/A | N/A | N/A |
| DLH Holdings Corp. (DLHC)vs › | $59.13M | 1.11x | 1.28x | 4.66x | 4.49x |
| Energys Group Limited (ENGS)vs › | $42.27M | -0.42x | 4.38x | 4.38x | 4.38x |
| Aeries Technology, Inc (AERT)vs › | $40.52M | 9.76x | 9.76x | 9.61x | 10.91x |
| Euroholdings Ltd. (EHLD)vs › | $38.22M | 32.04x | 45.04x | 40.65x | 40.65x |
| Laser Photonics Corporation (LASE)vs › | $37.95M | -2.09x | 12.38x | 12.38x | 12.38x |
Interest Coverage
-133.5x
Debt/Equity
0.01
Current Ratio
5.10
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 |
|---|---|
| 2023-12-31 | -133.50x |
| 2023-09-30 | 26.60x |
| 2023-06-30 | -266.40x |
| 2023-03-31 | -131.60x |
| 2022-12-31 | -62.50x |
| 2022-09-30 | 48.00x |
| 2022-06-30 | -121.25x |
| 2022-03-31 | -196.80x |
| 2021-12-31 | -73.67x |
| 2021-09-30 | 115.60x |
| 2021-06-30 | -137.80x |
| 2021-03-31 | -289.25x |
| 2020-12-31 | -333.20x |
| 2020-09-30 | 270.78x |
| 2020-06-30 | -808.00x |
| 2020-03-31 | -894.33x |
| 2019-09-30 | -340.25x |
| 2019-06-30 | -281.00x |
| 2019-03-31 | -1305.00x |
| 2015-06-30 | -748.67x |
| 2015-03-31 | -89.22x |
| 2014-12-31 | -855.03x |
| 2014-09-30 | 43.67x |
| 2014-06-30 | -19.74x |
| 2014-03-31 | -39.21x |
| 2013-12-31 | 18.37x |
| 2013-09-30 | 280.79x |
| 2013-06-30 | 212.80x |
| 2012-12-31 | 305.67x |
| 2012-09-30 | 100.19x |
| 2012-06-30 | 3.84x |
| 2012-03-31 | 99.68x |
| 2011-12-31 | 129.87x |
| 2011-09-30 | 62.00x |
| 2011-06-30 | 24.87x |
| 2011-03-31 | 70.08x |
| 2010-12-31 | 70.15x |
| 2010-09-30 | 44.82x |
| 2010-06-30 | -10.55x |
| 2010-03-31 | 11.16x |
| 2009-12-31 | 19.76x |
| 2009-09-30 | -34.74x |
| 2009-06-30 | -15.73x |
| 2009-03-31 | -82.17x |
| 2008-12-31 | 4.81x |
| 2008-09-30 | 113.39x |
| 2008-06-30 | 39.75x |
| 2008-03-31 | 49.22x |
| 2002-12-31 | 62.45x |
| 2002-09-30 | 12.43x |