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 -0.63x is 269% below its 2-year average of -0.17x, near the low end of its 2-year range (-0.63x–0.29x).
As of the fiscal period ended Sunday, December 31, 2023.
Reported quarterly interest coverage; no daily interpolation.
Limited quarterly history available
Interest Coverage needs at least three reported quarters before a meaningful chart is shown.
INTEREST COVERAGE RATIO
-0.63x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.90x
median of 330 covered companies
CURRENT VS SECTOR MEDIAN
-133.32%
vs the sector median at left
Grid Dynamics Holdings, Inc.
Market Cap
$635.22M
Interest Coverage Ratio
-0.63x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$628.68M
Interest Coverage Ratio
N/A
TTM Avg
885.00x
3Y Avg
885.00x
5Y Avg
885.00x
Market Cap
$620.13M
Interest Coverage Ratio
-8.17x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$613.24M
Interest Coverage Ratio
167.66x
TTM Avg
126.27x
3Y Avg
89.19x
5Y Avg
89.19x
Market Cap
$657.57M
Interest Coverage Ratio
68.36x
TTM Avg
68.36x
3Y Avg
68.36x
5Y Avg
74.36x
Market Cap
$661.59M
Interest Coverage Ratio
4.23x
TTM Avg
4.32x
3Y Avg
3.71x
5Y Avg
4.95x
Market Cap
$679.39M
Interest Coverage Ratio
4.47x
TTM Avg
8.89x
3Y Avg
9.01x
5Y Avg
8.80x
Market Cap
$586.43M
Interest Coverage Ratio
-0.81x
TTM Avg
63.98x
3Y Avg
55.05x
5Y Avg
44.16x
Market Cap
$578.14M
Interest Coverage Ratio
-58.72x
TTM Avg
52.62x
3Y Avg
43.09x
5Y Avg
29.38x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grid Dynamics Holdings, Inc. (GDYN) | $635.22M | -0.63x | N/A | N/A | N/A |
| Climb Global Solutions, Inc. (CLMB)vs › | $628.68M | N/A | 885.00x | 885.00x | 885.00x |
| indie Semiconductor, Inc. (INDI)vs › | $620.13M | -8.17x | N/A | N/A | N/A |
| Docebo Inc. (DCBO)vs › | $613.24M | 167.66x | 126.27x | 89.19x | 89.19x |
| Cognyte Software Ltd. (CGNT)vs › | $657.57M | 68.36x | 68.36x | 68.36x | 74.36x |
| Consensus Cloud Solutions, Inc. (CCSI)vs › | $661.59M | 4.23x | 4.32x | 3.71x | 4.95x |
| Gilat Satellite Networks Ltd. (GILT)vs › | $679.39M | 4.47x | 8.89x | 9.01x | 8.80x |
| ADTRAN Holdings Inc. (ADTN)vs › | $586.43M | -0.81x | 63.98x | 55.05x | 44.16x |
| IBEX Limited (IBEX)vs › | $578.14M | -58.72x | 52.62x | 43.09x | 29.38x |
| LightPath Technologies, Inc. (LPTH)vs › | $700.73M | -0.07x | 6.32x | 6.11x | 17.93x |
Interest Coverage
-0.6x
Debt/Equity
0.03
Current Ratio
7.22
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 | -0.63x |
| 2022-03-31 | 0.29x |
