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 73.96x is 457% above its 5-year average of 13.27x, near the high end of its 5-year range (-7.12x–73.96x).
As of the fiscal period ended Tuesday, December 31, 2024. 123.55% above its 12-month average of 33.08x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
73.96x
INTEREST COVERAGE RATIO AVG TTM
33.08x
INTEREST COVERAGE RATIO AVG 3Y
12.66x
INTEREST COVERAGE RATIO AVG 5Y
13.27x
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
+123.55%
CURRENT VS 3Y AVG
+484.35%
CURRENT VS 5Y AVG
+457.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
7.12x
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
+939.44%
vs the sector median at left
Globus Medical, Inc.
Market Cap
$11.13B
Interest Coverage Ratio
73.96x
TTM Avg
33.08x
3Y Avg
12.66x
5Y Avg
13.27x
Market Cap
$11.35B
Interest Coverage Ratio
46.60x
TTM Avg
29.31x
3Y Avg
24.60x
5Y Avg
23.61x
Market Cap
$11.38B
Interest Coverage Ratio
N/A
TTM Avg
67.41x
3Y Avg
66.08x
5Y Avg
407.22x
Market Cap
$11.48B
Interest Coverage Ratio
3.66x
TTM Avg
4.05x
3Y Avg
3.97x
5Y Avg
4.62x
Market Cap
$10.50B
Interest Coverage Ratio
5.52x
TTM Avg
5.51x
3Y Avg
7.63x
5Y Avg
62.06x
Market Cap
$10.45B
Interest Coverage Ratio
12.68x
TTM Avg
10.82x
3Y Avg
8.80x
5Y Avg
10.61x
Market Cap
$11.86B
Interest Coverage Ratio
8.55x
TTM Avg
7.42x
3Y Avg
7.61x
5Y Avg
6.89x
Market Cap
$10.37B
Interest Coverage Ratio
4.07x
TTM Avg
9.27x
3Y Avg
11.38x
5Y Avg
10.77x
Market Cap
$10.28B
Interest Coverage Ratio
5.05x
TTM Avg
5.30x
3Y Avg
10.04x
5Y Avg
14.14x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Globus Medical, Inc. (GMED) | $11.13B | 73.96x | 33.08x | 12.66x | 13.27x |
| Bio-Techne Corporation (TECH)vs › | $11.35B | 46.60x | 29.31x | 24.60x | 23.61x |
| Align Technology, Inc. (ALGN)vs › | $11.38B | N/A | 67.41x | 66.08x | 407.22x |
| DaVita Inc. (DVA)vs › | $11.48B | 3.66x | 4.05x | 3.97x | 4.62x |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.50B | 5.52x | 5.51x | 7.63x | 62.06x |
| Universal Health Services, Inc. (UHS)vs › | $10.45B | 12.68x | 10.82x | 8.80x | 10.61x |
| Encompass Health Corporation (EHC)vs › | $11.86B | 8.55x | 7.42x | 7.61x | 6.89x |
| Molina Healthcare, Inc. (MOH)vs › | $10.37B | 4.07x | 9.27x | 11.38x | 10.77x |
| Henry Schein, Inc. (HSIC)vs › | $10.28B | 5.05x | 5.30x | 10.04x | 14.14x |
| The Ensign Group, Inc. (ENSG)vs › | $10.11B | 53.24x | 48.24x | 40.33x | 37.20x |
Interest Coverage
74.0x
Debt/Equity
0.02
Current Ratio
4.62
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 |
|---|---|
| 2024-12-31 | 73.96x |
| 2024-09-30 | 62.06x |
| 2024-06-30 | 21.25x |
| 2024-03-31 | 4.22x |
| 2023-12-31 | 3.92x |
| 2023-06-30 | 7.98x |
| 2023-03-31 | 8.68x |
| 2022-12-31 | 10.17x |
| 2022-09-30 | 15.31x |
| 2022-06-30 | 27.37x |
| 2022-03-31 | 18.26x |
| 2021-12-31 | 9.39x |
| 2021-09-30 | 25.33x |
| 2021-06-30 | 18.05x |
| 2021-03-31 | 20.11x |
| 2020-12-31 | 19.82x |
| 2020-09-30 | 16.21x |
| 2020-06-30 | -7.12x |
| 2020-03-31 | 6.58x |
