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 -686.60x is 844% below its 5-year average of -72.77x, near the low end of its 5-year range (-686.60x–-10.94x).
As of the fiscal period ended Friday, March 31, 2023. 89.66% below its 12-month average of -362.01x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2023 (2023-03-31): -686.60x.
INTEREST COVERAGE RATIO
-686.60x
INTEREST COVERAGE RATIO AVG TTM
-362.01x
INTEREST COVERAGE RATIO AVG 3Y
-160.85x
INTEREST COVERAGE RATIO AVG 5Y
-72.77x
INTEREST COVERAGE RATIO AVG 10Y
-973.88x
INTEREST COVERAGE RATIO AVG 15Y
-1314.59x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-89.66%
CURRENT VS 3Y AVG
-326.86%
CURRENT VS 5Y AVG
-843.55%
CURRENT VS 10Y AVG
+29.50%
CURRENT VS 15Y AVG
+47.77%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-5.79x
median of 476 covered companies
CURRENT VS SECTOR MEDIAN
-11758.36%
vs the sector median at left
Grace Therapeutics, Inc.
Market Cap
$34.34M
Interest Coverage Ratio
-686.60x
TTM Avg
-362.01x
3Y Avg
-160.85x
5Y Avg
-72.77x
Market Cap
$34.04M
Interest Coverage Ratio
-0.75x
TTM Avg
0.33x
3Y Avg
0.47x
5Y Avg
0.65x
Market Cap
$33.79M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.10M
Interest Coverage Ratio
-735.69x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.15M
Interest Coverage Ratio
47.58x
TTM Avg
47.58x
3Y Avg
47.58x
5Y Avg
47.58x
Market Cap
$35.76M
Interest Coverage Ratio
-87.92x
TTM Avg
13.24x
3Y Avg
16.68x
5Y Avg
16.68x
Market Cap
$32.91M
Interest Coverage Ratio
-10.67x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$32.34M
Interest Coverage Ratio
N/A
TTM Avg
8.27x
3Y Avg
8.27x
5Y Avg
8.27x
Market Cap
$32.27M
Interest Coverage Ratio
-23.76x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grace Therapeutics, Inc. (GRCE) | $34.34M | -686.60x | -362.01x | -160.85x | -72.77x |
| Accuray Incorporated (ARAY)vs › | $34.04M | -0.75x | 0.33x | 0.47x | 0.65x |
| Aligos Therapeutics, Inc. (ALGS)vs › | $33.79M | N/A | N/A | N/A | N/A |
| BriaCell Therapeutics Corp. (BCTX)vs › | $35.10M | -735.69x | N/A | N/A | N/A |
| Elutia Inc (ELUT)vs › | $35.15M | 47.58x | 47.58x | 47.58x | 47.58x |
| DocGo Inc. (DCGO)vs › | $35.76M | -87.92x | 13.24x | 16.68x | 16.68x |
| EUDA Health Holdings Limited (EUDA)vs › | $32.91M | -10.67x | N/A | N/A | N/A |
| HeartBeam, Inc. (BEAT)vs › | $32.34M | N/A | 8.27x | 8.27x | 8.27x |
| Scilex Holding Company (SCLX)vs › | $32.27M | -23.76x | N/A | N/A | N/A |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $32.14M | -34.63x | 34.14x | 47.81x | 52.62x |
Interest Coverage
-686.6x
Debt/Equity
0.00
Current Ratio
11.47
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 |
|---|---|
| 2023-03-31 | -686.60x |
| 2022-03-31 | -37.42x |
| 2021-03-31 | -10.94x |
| 2020-06-30 | -46.19x |
| 2020-03-31 | -23.09x |
| 2019-12-31 | -115.96x |
| 2019-09-30 | -89.36x |
| 2019-06-30 | -119.49x |
| 2019-03-31 | -121.66x |
| 2018-12-31 | -82.91x |
| 2018-09-30 | -86.70x |
| 2018-06-30 | -80.83x |
| 2018-03-31 | -58.66x |
| 2017-12-31 | -43.10x |
| 2017-09-30 | -47.66x |
| 2017-06-30 | -30.76x |
| 2016-11-30 | -2512.00x |
| 2016-08-31 | -1224.84x |
| 2016-05-31 | -233.86x |
| 2016-02-29 | 2398.34x |
| 2015-11-30 | -2376.69x |
| 2015-08-31 | -2101.22x |
| 2015-05-31 | -2709.32x |
| 2015-02-28 | -2256.90x |
| 2014-11-30 | -3140.39x |
| 2014-08-31 | -2880.95x |
| 2014-05-31 | -4207.90x |
| 2014-02-28 | 3.18x |
| 2013-11-30 | -6.01x |
| 2013-08-31 | -4997.84x |
| 2013-05-31 | -2262.68x |
| 2013-02-28 | -2846.21x |
| 2012-11-30 | -2356.72x |
| 2012-08-31 | -4156.89x |
| 2012-05-31 | -1863.35x |
| 2012-02-29 | -483.36x |
| 2011-11-30 | -2156.81x |
| 2011-08-31 | -396.06x |
| 2011-05-31 | -2646.39x |
| 2011-02-28 | -1565.64x |
| 2010-11-30 | -1626.70x |
| 2010-08-31 | -28.39x |
| 2010-05-31 | -97.55x |
| 2010-02-28 | -3970.99x |
| 2009-11-30 | -4945.20x |
| 2009-08-31 | -6420.03x |
| 2009-05-31 | -1542.53x |
| 2008-11-30 | -912.42x |
