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 2.02x is 30% below its 5-year average of 2.89x, around the middle of its 5-year range (-6.91x–8.04x).
3097.54% above its 12-month average of -0.07x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-28): -6.91x.
INTEREST COVERAGE RATIO
2.02x
INTEREST COVERAGE RATIO AVG TTM
-0.07x
INTEREST COVERAGE RATIO AVG 3Y
2.43x
INTEREST COVERAGE RATIO AVG 5Y
2.89x
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
+3097.54%
CURRENT VS 3Y AVG
-16.89%
CURRENT VS 5Y AVG
-30.01%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
1.73x
median of 272 covered companies
CURRENT VS SECTOR MEDIAN
+17.10%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$654.37M
Interest Coverage Ratio
2.02x
TTM Avg
-0.07x
3Y Avg
2.43x
5Y Avg
2.89x
Market Cap
$639.94M
Interest Coverage Ratio
2.19x
TTM Avg
2.94x
3Y Avg
3.39x
5Y Avg
4.60x
Market Cap
$639.72M
Interest Coverage Ratio
0.92x
TTM Avg
0.49x
3Y Avg
0.49x
5Y Avg
1.66x
Market Cap
$690.62M
Interest Coverage Ratio
1728.82x
TTM Avg
910.57x
3Y Avg
524.66x
5Y Avg
368.38x
Market Cap
$611.92M
Interest Coverage Ratio
4.17x
TTM Avg
3.41x
3Y Avg
3.35x
5Y Avg
12.24x
Market Cap
$611.95M
Interest Coverage Ratio
-83.62x
TTM Avg
11.91x
3Y Avg
11.91x
5Y Avg
11.91x
Market Cap
$714.45M
Interest Coverage Ratio
3.59x
TTM Avg
2.91x
3Y Avg
3.75x
5Y Avg
4.47x
Market Cap
$527.59M
Interest Coverage Ratio
-4033.28x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $654.37M | 2.02x | -0.07x | 2.43x | 2.89x |
| Papa John's International, Inc. (PZZA)vs › | $639.94M | 2.19x | 2.94x | 3.39x | 4.60x |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $639.72M | 0.92x | 0.49x | 0.49x | 1.66x |
| Legacy Housing Corporation (LEGH)vs › | $690.62M | 1728.82x | 910.57x | 524.66x | 368.38x |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $611.92M | 4.17x | 3.41x | 3.35x | 12.24x |
| Tron Inc. (TRON)vs › | $611.95M | -83.62x | 11.91x | 11.91x | 11.91x |
| Bloomin' Brands, Inc. (BLMN)vs › | $714.45M | 3.59x | 2.91x | 3.75x | 4.47x |
| XMAX, Inc. (XMAX)vs › | $558.75M | -25.00x | N/A | N/A | N/A |
| Solid Power, Inc. (SLDP)vs › | $527.59M | -4033.28x | N/A | N/A | N/A |
| Fox Factory Holding Corp. (FOXF)vs › | $815.30M | -9.74x | 1.05x | 12.31x | 18.15x |
Interest Coverage
2.0x
Debt/Equity
1.69
Current Ratio
0.27
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 |
|---|---|
| 2026-06-28 | -6.91x |
| 2026-03-29 | 0.57x |
| 2025-12-28 | 1.98x |
| 2025-09-28 | 2.20x |
| 2025-06-29 | 1.83x |
| 2025-03-30 | 0.33x |
| 2024-12-31 | 1.20x |
| 2024-09-29 | 1.83x |
| 2024-06-30 | 4.86x |
| 2024-03-31 | 4.73x |
| 2023-12-31 | 3.02x |
| 2023-09-24 | 4.19x |
| 2023-06-25 | 5.57x |
| 2023-03-26 | 8.04x |
| 2022-12-31 | 0.85x |
| 2022-09-25 | 1.92x |
| 2022-06-26 | 4.49x |
| 2022-03-27 | 7.71x |
| 2021-12-31 | -0.74x |
| 2021-09-26 | 1.18x |
| 2021-06-30 | 1.96x |
| 2021-03-31 | 0.61x |
| 2020-12-31 | -0.75x |
| 2020-09-30 | -1.48x |
