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.
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
7.66x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+1779.90%
vs the sector median at left
GLOBALFOUNDRIES Inc.
Market Cap
$27.84B
Interest Coverage Ratio
144.00x
TTM Avg
40.69x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.84B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.79B
Interest Coverage Ratio
15.60x
TTM Avg
9.31x
3Y Avg
9.31x
5Y Avg
9.31x
Market Cap
$28.49B
Interest Coverage Ratio
15.64x
TTM Avg
13.28x
3Y Avg
12.82x
5Y Avg
12.82x
Market Cap
$28.55B
Interest Coverage Ratio
3.72x
TTM Avg
4.24x
3Y Avg
4.62x
5Y Avg
4.06x
Market Cap
$26.44B
Interest Coverage Ratio
8.39x
TTM Avg
8.39x
3Y Avg
8.39x
5Y Avg
8.39x
Market Cap
$26.33B
Interest Coverage Ratio
-4.27x
TTM Avg
1.21x
3Y Avg
0.90x
5Y Avg
0.90x
Market Cap
$26.20B
Interest Coverage Ratio
14.56x
TTM Avg
14.30x
3Y Avg
13.61x
5Y Avg
12.33x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GLOBALFOUNDRIES Inc. (GFS) | $27.84B | 144.00x | 40.69x | N/A | N/A |
| Zoom Communications, Inc. (ZM)vs › | $27.84B | N/A | N/A | N/A | N/A |
| Qnity Electronics, Inc. (Q)vs › | $27.79B | 15.60x | 9.31x | 9.31x | 9.31x |
| Everpure, Inc (PSTG)vs › | $28.49B | 15.64x | 13.28x | 12.82x | 12.82x |
| Fiserv, Inc. (FISV)vs › | $28.55B | 3.72x | 4.24x | 4.62x | 4.06x |
| MongoDB, Inc. (MDB)vs › | $26.82B | -43.79x | N/A | N/A | N/A |
| Splunk Inc. (SPLK)vs › | $26.44B | 8.39x | 8.39x | 8.39x | 8.39x |
| Atlassian Corporation (TEAM)vs › | $26.33B | -4.27x | 1.21x | 0.90x | 0.90x |
| VeriSign, Inc. (VRSN)vs › | $26.20B | 14.56x | 14.30x | 13.61x | 12.33x |
| Twilio Inc. (TWLO)vs › | $29.66B | N/A | N/A | N/A | N/A |
Interest Coverage
144.0x
Debt/Equity
0.14
Current Ratio
2.62
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 |
