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 -20.64x is 67% below its 1-year average of -12.34x, near the low end of its 1-year range (-22.33x–12.13x).
As of the fiscal period ended Sunday, March 31, 2024. 67.26% below its 12-month average of -12.34x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2024 (2024-03-31): -20.64x.
INTEREST COVERAGE RATIO
-20.64x
INTEREST COVERAGE RATIO AVG TTM
-12.34x
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
-67.26%
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 · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-362.97%
vs the sector median at left
GE Vernova Inc.
Market Cap
$252.01B
Interest Coverage Ratio
-20.64x
TTM Avg
-12.34x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$261.92B
Interest Coverage Ratio
5.07x
TTM Avg
4.20x
3Y Avg
3.69x
5Y Avg
3.73x
Market Cap
$242.02B
Interest Coverage Ratio
5.54x
TTM Avg
5.42x
3Y Avg
7.07x
5Y Avg
7.27x
Market Cap
$190.99B
Interest Coverage Ratio
12.65x
TTM Avg
13.00x
3Y Avg
18.46x
5Y Avg
20.74x
Market Cap
$184.83B
Interest Coverage Ratio
2.65x
TTM Avg
2.65x
3Y Avg
4.00x
5Y Avg
5.65x
Market Cap
$182.22B
Interest Coverage Ratio
70.31x
TTM Avg
60.77x
3Y Avg
41.23x
5Y Avg
35.03x
Market Cap
$330.99B
Interest Coverage Ratio
10.40x
TTM Avg
8.63x
3Y Avg
6.13x
5Y Avg
4.21x
Market Cap
$169.08B
Interest Coverage Ratio
19.81x
TTM Avg
26.80x
3Y Avg
27.41x
5Y Avg
23.34x
Market Cap
$167.33B
Interest Coverage Ratio
8.56x
TTM Avg
8.29x
3Y Avg
6.07x
5Y Avg
5.27x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Vernova Inc. (GEV) | $252.01B | -20.64x | -12.34x | N/A | N/A |
| RTX Corporation (RTX)vs › | $261.92B | 5.07x | 4.20x | 3.69x | 3.73x |
| Siemens AG (SIEGY)vs › | $242.02B | 5.54x | 5.42x | 7.07x | 7.27x |
| Schneider Electric S.E. (SBGSY)vs › | $190.99B | 12.65x | 13.00x | 18.46x | 20.74x |
| Deere & Company (DE)vs › | $184.83B | 2.65x | 2.65x | 4.00x | 5.65x |
| ABB Ltd (ABBNY)vs › | $182.22B | 70.31x | 60.77x | 41.23x | 35.03x |
| GE Aerospace (GE)vs › | $330.99B | 10.40x | 8.63x | 6.13x | 4.21x |
| Eaton Corporation plc (ETN)vs › | $169.08B | 19.81x | 26.80x | 27.41x | 23.34x |
| Rolls-Royce Holdings plc (RYCEY)vs › | $167.33B | 8.56x | 8.29x | 6.07x | 5.27x |
| Union Pacific Corporation (UNP)vs › | $160.18B | 7.52x | 7.58x | 7.44x | 7.45x |
Interest Coverage
-20.6x
Debt/Equity
0.33
Current Ratio
0.85
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 |
|---|---|
| 2024-03-31 | -20.64x |
| 2023-12-31 | 12.13x |
| 2023-09-30 | -14.62x |
| 2023-06-30 | -16.24x |
| 2023-03-31 | -22.33x |
