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 144.00x is 812% above its 2-year average of 15.80x, near the high end of its 2-year range (-30.07x–144.00x).
As of the fiscal period ended Saturday, December 31, 2022. 253.86% above its 12-month average of 40.69x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2022 (2022-12-31): 144.00x.
INTEREST COVERAGE RATIO
144.00x
INTEREST COVERAGE RATIO AVG TTM
40.69x
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
+253.86%
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
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+1750.90%
vs the sector median at left
GLOBALFOUNDRIES Inc.
Market Cap
$23.89B
Interest Coverage Ratio
144.00x
TTM Avg
40.69x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.77B
Interest Coverage Ratio
14.24x
TTM Avg
17.64x
3Y Avg
42.60x
5Y Avg
59.59x
Market Cap
$24.34B
Interest Coverage Ratio
8.02x
TTM Avg
9.04x
3Y Avg
9.50x
5Y Avg
8.68x
Market Cap
$24.54B
Interest Coverage Ratio
15.60x
TTM Avg
9.31x
3Y Avg
9.31x
5Y Avg
9.31x
Market Cap
$21.63B
Interest Coverage Ratio
6.92x
TTM Avg
6.93x
3Y Avg
7.11x
5Y Avg
8.01x
Market Cap
$21.56B
Interest Coverage Ratio
N/A
TTM Avg
77.90x
3Y Avg
56.21x
5Y Avg
39.63x
Market Cap
$26.97B
Interest Coverage Ratio
4.83x
TTM Avg
4.75x
3Y Avg
5.76x
5Y Avg
6.91x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GLOBALFOUNDRIES Inc. (GFS) | $23.89B | 144.00x | 40.69x | N/A | N/A |
| Super Micro Computer, Inc. (SMCI)vs › | $23.77B | 14.24x | 17.64x | 42.60x | 59.59x |
| Verisk Analytics, Inc. (VRSK)vs › | $24.34B | 8.02x | 9.04x | 9.50x | 8.68x |
| Qnity Electronics, Inc. (Q)vs › | $24.54B | 15.60x | 9.31x | 9.31x | 9.31x |
| F5, Inc. (FFIV)vs › | $23.22B | N/A | N/A | N/A | N/A |
| Samsara Inc. (IOT)vs › | $24.76B | N/A | N/A | N/A | N/A |
| Fair Isaac Corporation (FICO)vs › | $21.63B | 6.92x | 6.93x | 7.11x | 8.01x |
| Tower Semiconductor Ltd. (TSEM)vs › | $21.56B | N/A | 77.90x | 56.21x | 39.63x |
| Corpay, Inc. (CPAY)vs › | $26.97B | 4.83x | 4.75x | 5.76x | 6.91x |
| VeriSign, Inc. (VRSN)vs › | $26.99B | 14.56x | 14.30x | 13.61x | 12.33x |
Interest Coverage
144.0x
Debt/Equity
0.14
Current Ratio
2.48
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 |
|---|---|
| 2022-12-31 | 144.00x |
| 2022-09-30 | 32.45x |
| 2022-06-30 | 15.63x |
| 2022-03-31 | 8.04x |
| 2021-12-31 | 3.35x |
| 2021-09-30 | 1.93x |
| 2021-06-30 | -3.68x |
| 2021-03-31 | -3.39x |
| 2020-12-31 | -30.07x |
| 2020-09-30 | -10.29x |
