Basis: Trailing twelve months (TTM). 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 -14.43x is 99% above its 5-year average of -1018.61x, near the high end of its 5-year range (-40969.65x–5086.36x).
2.94% below its 12-month average of -14.02x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -7.84x.
INTEREST COVERAGE RATIO
-14.43x
INTEREST COVERAGE RATIO AVG TTM
-14.02x
INTEREST COVERAGE RATIO AVG 3Y
-476.02x
INTEREST COVERAGE RATIO AVG 5Y
-1018.61x
INTEREST COVERAGE RATIO AVG 10Y
-684.31x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-2.94%
CURRENT VS 3Y AVG
+96.97%
CURRENT VS 5Y AVG
+98.58%
CURRENT VS 10Y AVG
+97.89%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-5.79x
median of 476 covered companies
CURRENT VS SECTOR MEDIAN
-149.22%
vs the sector median at left
GridAI Technologies Corp.
Market Cap
$30.31M
Interest Coverage Ratio
-14.43x
TTM Avg
-14.02x
3Y Avg
-476.02x
5Y Avg
-1018.61x
Market Cap
$29.16M
Interest Coverage Ratio
-144.28x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.60M
Interest Coverage Ratio
-34.72x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.23M
Interest Coverage Ratio
N/A
TTM Avg
1.23x
3Y Avg
1.23x
5Y Avg
1.23x
Market Cap
$29.48M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.69M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.94M
Interest Coverage Ratio
-92.91x
TTM Avg
11.87x
3Y Avg
11.87x
5Y Avg
11.87x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GridAI Technologies Corp. (GRDX) | $30.31M | -14.43x | -14.02x | -476.02x | -1018.61x |
| BeyondSpring Inc. (BYSI)vs › | $31.02M | N/A | N/A | N/A | N/A |
| MDxHealth S.A. (MDXH)vs › | $29.99M | -1.27x | N/A | N/A | N/A |
| OneMedNet Corporation (ONMD)vs › | $29.16M | -144.28x | N/A | N/A | N/A |
| Quantum Cyber N.V. (QUCY)vs › | $29.60M | -34.72x | N/A | N/A | N/A |
| CervoMed Inc. (CRVO)vs › | $30.23M | N/A | 1.23x | 1.23x | 1.23x |
| Context Therapeutics Inc. (CNTX)vs › | $29.48M | N/A | N/A | N/A | N/A |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.69M | N/A | N/A | N/A | N/A |
| SCYNEXIS, Inc. (SCYX)vs › | $30.94M | -92.91x | 11.87x | 11.87x | 11.87x |
| Nortech Systems Incorporated (NSYS)vs › | $31.44M | 1.29x | 1.29x | 7.66x | 7.06x |
Interest Coverage
-14.4x
Debt/Equity
0.10
Current Ratio
0.16
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 |
|---|---|
| 2026-06-30 | -7.84x |
| 2026-03-31 | -6.92x |
| 2025-12-31 | -11.70x |
| 2025-09-30 | -25.92x |
| 2025-06-30 | -17.71x |
| 2025-03-31 | -45.88x |
| 2023-12-31 | -580.82x |
| 2023-09-30 | -2746.51x |
| 2023-06-30 | -840.87x |
| 2023-03-31 | -452.03x |
| 2022-12-31 | -368.10x |
| 2022-09-30 | 5086.36x |
| 2022-06-30 | -1679.88x |
| 2022-03-31 | -1673.88x |
| 2021-12-31 | -3680.58x |
| 2021-09-30 | -40969.65x |
| 2021-06-30 | -3140.45x |
| 2021-03-31 | -1596.72x |
| 2020-12-31 | -7919.29x |
| 2020-09-30 | -3.08x |
| 2020-06-30 | -1.04x |
| 2020-03-31 | -1.26x |
| 2019-12-31 | -7.23x |
| 2019-09-30 | -36.98x |
| 2019-06-30 | -44.58x |
| 2019-03-31 | -80.61x |
| 2018-12-31 | -2366.69x |
| 2018-09-30 | -455.85x |
| 2018-06-30 | -70.70x |
| 2018-03-31 | -73.70x |
| 2017-12-31 | -12.87x |
| 2017-09-30 | -6.68x |
| 2017-06-30 | -8.30x |
| 2017-03-31 | -3213.38x |
| 2016-12-31 | -0.26x |
| 2016-09-30 | -3.02x |
| 2016-06-30 | -4.45x |
| 2016-03-31 | -1.89x |
| 2015-12-31 | -0.57x |
| 2015-09-30 | -2.71x |
| 2015-06-30 | -6.77x |
| 2015-03-31 | -7.41x |