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 103.58x is 39% above its 5-year average of 74.50x, around the middle of its 5-year range (32.78x–215.41x).
24.17% below its 12-month average of 136.60x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
103.58x
INTEREST COVERAGE RATIO AVG TTM
136.60x
INTEREST COVERAGE RATIO AVG 3Y
91.93x
INTEREST COVERAGE RATIO AVG 5Y
74.50x
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
-24.17%
CURRENT VS 3Y AVG
+12.67%
CURRENT VS 5Y AVG
+39.03%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+1231.36%
vs the sector median at left
Fortinet, Inc.
Market Cap
$115.54B
Interest Coverage Ratio
103.58x
TTM Avg
136.60x
3Y Avg
91.93x
5Y Avg
74.50x
Market Cap
$116.28B
Interest Coverage Ratio
-172.95x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$109.56B
Interest Coverage Ratio
44.74x
TTM Avg
103.73x
3Y Avg
147.70x
5Y Avg
152.64x
Market Cap
$107.11B
Interest Coverage Ratio
8.88x
TTM Avg
10.38x
3Y Avg
12.94x
5Y Avg
25.25x
Market Cap
$104.82B
Interest Coverage Ratio
20.06x
TTM Avg
13.04x
3Y Avg
9.63x
5Y Avg
7.59x
Market Cap
$102.26B
Interest Coverage Ratio
33.10x
TTM Avg
37.10x
3Y Avg
46.88x
5Y Avg
47.77x
Market Cap
$100.95B
Interest Coverage Ratio
-23.64x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$138.75B
Interest Coverage Ratio
79.30x
TTM Avg
69.30x
3Y Avg
45.88x
5Y Avg
33.12x
Market Cap
$142.98B
Interest Coverage Ratio
6.94x
TTM Avg
5.20x
3Y Avg
4.50x
5Y Avg
4.48x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $115.54B | 103.58x | 136.60x | 91.93x | 74.50x |
| Snowflake Inc. (SNOW)vs › | $116.28B | -172.95x | N/A | N/A | N/A |
| Accenture plc (ACN)vs › | $109.56B | 44.74x | 103.73x | 147.70x | 152.64x |
| Automatic Data Processing, Inc. (ADP)vs › | $107.11B | 8.88x | 10.38x | 12.94x | 25.25x |
| AppLovin Corporation (APP)vs › | $104.82B | 20.06x | 13.04x | 9.63x | 7.59x |
| Adobe Inc. (ADBE)vs › | $102.26B | 33.10x | 37.10x | 46.88x | 47.77x |
| Cloudflare, Inc. (NET)vs › | $100.95B | -23.64x | N/A | N/A | N/A |
| ServiceNow, Inc. (NOW)vs › | $138.75B | 79.30x | 69.30x | 45.88x | 33.12x |
| Corning Inc (GLW)vs › | $142.98B | 6.94x | 5.20x | 4.50x | 4.48x |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.49B | 9.07x | 7.58x | 158.34x | 255.90x |
Interest Coverage
103.6x
Debt/Equity
0.32
Current Ratio
1.28
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 | 215.41x |
| 2026-03-31 | 138.10x |
| 2025-12-31 | 142.18x |
| 2025-09-30 | 88.05x |
| 2025-06-30 | 99.28x |
| 2025-03-31 | 92.61x |
| 2024-12-31 | 117.16x |
| 2024-09-30 | 94.18x |
| 2024-06-30 | 87.44x |
| 2024-03-31 | 62.98x |
| 2023-12-31 | 71.37x |
| 2023-09-30 | 56.15x |
| 2023-06-30 | 53.65x |
| 2023-03-31 | 54.70x |
| 2022-12-31 | 79.51x |
| 2022-09-30 | 59.00x |
| 2022-06-30 | 43.40x |
| 2022-03-31 | 33.56x |
| 2021-12-31 | 47.76x |
| 2021-09-30 | 36.17x |
| 2021-06-30 | 32.78x |
| 2021-03-31 | 93.54x |
