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.
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 · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-965.53%
vs the sector median at left
GE Vernova Inc.
Market Cap
$263.76B
Interest Coverage Ratio
-20.64x
TTM Avg
-12.34x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$176.58B
Interest Coverage Ratio
1.81x
TTM Avg
2.58x
3Y Avg
3.81x
5Y Avg
3.35x
Market Cap
$106.63B
Interest Coverage Ratio
2.20x
TTM Avg
2.39x
3Y Avg
2.46x
5Y Avg
2.42x
Market Cap
$97.33B
Interest Coverage Ratio
2.36x
TTM Avg
2.35x
3Y Avg
2.38x
5Y Avg
2.35x
Market Cap
$96.92B
Interest Coverage Ratio
6.04x
TTM Avg
7.32x
3Y Avg
5.09x
5Y Avg
4.21x
Market Cap
$68.45B
Interest Coverage Ratio
2.61x
TTM Avg
2.58x
3Y Avg
2.47x
5Y Avg
2.53x
Market Cap
$59.27B
Interest Coverage Ratio
2.18x
TTM Avg
1.95x
3Y Avg
1.85x
5Y Avg
1.74x
Market Cap
$50.01B
Interest Coverage Ratio
2.28x
TTM Avg
2.29x
3Y Avg
2.31x
5Y Avg
2.29x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Vernova Inc. (GEV) | $263.76B | -20.64x | -12.34x | N/A | N/A |
| NextEra Energy, Inc. (NEE)vs › | $176.58B | 1.81x | 2.58x | 3.81x | 3.35x |
| The Southern Company (SO)vs › | $106.63B | 2.20x | 2.39x | 2.46x | 2.42x |
| Duke Energy Corporation (DUK)vs › | $97.33B | 2.36x | 2.35x | 2.38x | 2.35x |
| Constellation Energy Corporation (CEG)vs › | $96.92B | 6.04x | 7.32x | 5.09x | 4.21x |
| American Electric Power Company, Inc. (AEP)vs › | $68.45B | 2.61x | 2.58x | 2.47x | 2.53x |
| Dominion Energy, Inc. (D)vs › | $59.27B | 2.18x | 1.95x | 1.85x | 1.74x |
| Sempra (SRE)vs › | $54.83B | 2.12x | 2.15x | 2.51x | 2.53x |
| Entergy Corporation (ETR)vs › | $50.01B | 2.28x | 2.29x | 2.31x | 2.29x |
| Xcel Energy Inc. (XEL)vs › | $48.77B | 2.14x | 2.08x | 2.31x | 2.43x |
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 |
