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 0.20x is 99% below its 5-year average of 17.28x, near the low end of its 5-year range (-23.18x–73.15x).
122.88% above its 12-month average of -0.87x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -4.60x.
INTEREST COVERAGE RATIO
0.20x
INTEREST COVERAGE RATIO AVG TTM
-0.87x
INTEREST COVERAGE RATIO AVG 3Y
-0.11x
INTEREST COVERAGE RATIO AVG 5Y
17.28x
INTEREST COVERAGE RATIO AVG 10Y
34.93x
INTEREST COVERAGE RATIO AVG 15Y
60.41x
INTEREST COVERAGE RATIO AVG 20Y
59.26x
CURRENT VS TTM AVG
+122.88%
CURRENT VS 3Y AVG
+286.42%
CURRENT VS 5Y AVG
-98.84%
CURRENT VS 10Y AVG
-99.43%
CURRENT VS 15Y AVG
-99.67%
CURRENT VS 20Y AVG
-99.66%
SECTOR MEDIAN · INDUSTRIALS
2.64x
median of 349 covered companies
CURRENT VS SECTOR MEDIAN
-92.42%
vs the sector median at left
Forward Air Corporation
Market Cap
$476.59M
Interest Coverage Ratio
0.20x
TTM Avg
-0.87x
3Y Avg
-0.11x
5Y Avg
17.28x
Market Cap
$486.55M
Interest Coverage Ratio
-0.37x
TTM Avg
2.25x
3Y Avg
2.92x
5Y Avg
3.58x
Market Cap
$492.91M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$500.60M
Interest Coverage Ratio
1.32x
TTM Avg
1.61x
3Y Avg
1.84x
5Y Avg
1.77x
Market Cap
$452.36M
Interest Coverage Ratio
41.78x
TTM Avg
28.05x
3Y Avg
28.05x
5Y Avg
28.05x
Market Cap
$447.40M
Interest Coverage Ratio
5.90x
TTM Avg
6.97x
3Y Avg
7.11x
5Y Avg
7.11x
Market Cap
$512.86M
Interest Coverage Ratio
8.67x
TTM Avg
9.98x
3Y Avg
14.89x
5Y Avg
13.04x
Market Cap
$515.46M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$419.36M
Interest Coverage Ratio
-4.46x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Forward Air Corporation (FWRD) | $476.59M | 0.20x | -0.87x | -0.11x | 17.28x |
| Columbus McKinnon Corporation (CMCO)vs › | $486.55M | -0.37x | 2.25x | 2.92x | 3.58x |
| Accelevation Holdings Corp. (ACCV)vs › | $492.91M | N/A | N/A | N/A | N/A |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $500.60M | 1.32x | 1.61x | 1.84x | 1.77x |
| BUUU Group Ltd (BUUU)vs › | $452.36M | 41.78x | 28.05x | 28.05x | 28.05x |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $447.40M | 5.90x | 6.97x | 7.11x | 7.11x |
| Euroseas Ltd. (ESEA)vs › | $512.86M | 8.67x | 9.98x | 14.89x | 13.04x |
| Kelly Services, Inc. (KELYB)vs › | $515.46M | N/A | 7.32x | 11.36x | 16.35x |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $419.36M | -4.46x | N/A | N/A | N/A |
| Acacia Research Corporation (ACTG)vs › | $418.71M | 0.71x | 0.71x | 5.78x | 4.47x |
Interest Coverage
0.2x
Debt/Equity
N/A
Current Ratio
1.32
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 | -4.60x |
| 2026-03-31 | -0.47x |
| 2025-12-31 | -0.06x |
| 2025-09-30 | 0.34x |
| 2025-06-30 | 0.43x |
| 2025-03-31 | 0.10x |
| 2024-12-31 | -0.07x |
| 2024-09-30 | 0.71x |
| 2024-06-30 | -23.18x |
| 2024-03-31 | -1.61x |
| 2023-12-31 | -0.33x |
| 2023-09-30 | 5.84x |
| 2023-06-30 | 10.18x |
| 2023-03-31 | 20.04x |
| 2022-12-31 | 37.98x |
| 2022-09-30 | 46.42x |
| 2022-06-30 | 63.32x |
| 2022-03-31 | 73.15x |
| 2021-12-31 | 59.27x |
| 2021-09-30 | 43.65x |
| 2021-06-30 | 31.84x |
| 2021-03-31 | 19.51x |
| 2020-12-31 | 17.19x |
| 2020-09-30 | 18.03x |
| 2020-06-30 | 11.61x |
| 2020-03-31 | 18.49x |
| 2019-12-31 | 41.32x |
| 2019-09-30 | 40.33x |
| 2019-06-30 | 52.58x |
| 2019-03-31 | 43.02x |
| 2018-12-31 | 76.69x |
| 2018-09-30 | 63.30x |
| 2018-06-30 | 68.05x |
| 2018-03-31 | 65.32x |
| 2017-12-31 | 71.40x |
| 2017-09-30 | 93.40x |
| 2017-06-30 | 126.31x |
| 2017-03-31 | 82.23x |
| 2016-12-31 | 77.11x |
| 2016-09-30 | 114.35x |
| 2016-06-30 | -31.12x |
| 2016-03-31 | 38.71x |
| 2015-12-31 | 52.00x |
| 2015-09-30 | 44.41x |
| 2015-06-30 | 34.93x |
| 2015-03-31 | 22.66x |
| 2014-12-31 | 100.53x |
| 2014-09-30 | 156.43x |
| 2014-06-30 | 273.22x |
| 2014-03-31 | 198.43x |
| 2013-12-31 | 177.12x |
| 2013-09-30 | 157.63x |
| 2013-06-30 | 175.82x |
| 2013-03-31 | 123.36x |
| 2012-12-31 | 160.23x |
| 2012-09-30 | 176.81x |
| 2012-06-30 | 292.19x |
| 2012-03-31 | 329.20x |
| 2011-12-31 | 156.48x |
| 2011-09-30 | 155.11x |
| 2011-06-30 | 140.96x |
| 2011-03-31 | 68.13x |
| 2010-12-31 | 107.97x |
| 2010-09-30 | 81.18x |
| 2010-06-30 | 74.60x |
| 2010-03-31 | 32.73x |
| 2009-12-31 | 59.86x |
| 2009-09-30 | 37.69x |
| 2009-06-30 | 32.49x |
| 2009-03-31 | -35.65x |
| 2009-02-24 | 35.38x |
| 2008-10-31 | 92.04x |
| 2008-06-30 | 61.77x |
| 2008-04-23 | 55.32x |
| 2007-09-30 | 307.35x |
| 2007-06-30 | 446.66x |
| 2007-03-31 | 395.98x |
