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 -465.29x is 40% above its 5-year average of -772.56x, around the middle of its 5-year range (-8030.00x–3868.00x).
As of the fiscal period ended Sunday, June 30, 2024. 78.97% above its 12-month average of -2212.88x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2024 (2024-06-30): -465.29x.
INTEREST COVERAGE RATIO
-465.29x
INTEREST COVERAGE RATIO AVG TTM
-2212.88x
INTEREST COVERAGE RATIO AVG 3Y
-1157.82x
INTEREST COVERAGE RATIO AVG 5Y
-772.56x
INTEREST COVERAGE RATIO AVG 10Y
-129.54x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+78.97%
CURRENT VS 3Y AVG
+59.81%
CURRENT VS 5Y AVG
+39.77%
CURRENT VS 10Y AVG
-259.19%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
3.11x
median of 199 covered companies
CURRENT VS SECTOR MEDIAN
-15060.96%
vs the sector median at left
GrowGeneration Corp.
Market Cap
$94.04M
Interest Coverage Ratio
-465.29x
TTM Avg
-2212.88x
3Y Avg
-1157.82x
5Y Avg
-772.56x
Market Cap
$90.23M
Interest Coverage Ratio
-13.68x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$96.20M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$98.93M
Interest Coverage Ratio
4.33x
TTM Avg
4.93x
3Y Avg
5.53x
5Y Avg
5.53x
Market Cap
$90.14M
Interest Coverage Ratio
-2.36x
TTM Avg
0.77x
3Y Avg
2.96x
5Y Avg
3.44x
Market Cap
$100.64M
Interest Coverage Ratio
-0.05x
TTM Avg
3.13x
3Y Avg
3.57x
5Y Avg
3.53x
Market Cap
$103.77M
Interest Coverage Ratio
0.91x
TTM Avg
0.93x
3Y Avg
1.20x
5Y Avg
1.20x
Market Cap
$82.35M
Interest Coverage Ratio
N/A
TTM Avg
11547.21x
3Y Avg
11547.21x
5Y Avg
8133.26x
Market Cap
$77.01M
Interest Coverage Ratio
3.89x
TTM Avg
2.37x
3Y Avg
3.49x
5Y Avg
15.07x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GrowGeneration Corp. (GRWG) | $94.04M | -465.29x | -2212.88x | -1157.82x | -772.56x |
| Empery Digital Inc. (EMPD)vs › | $90.23M | -13.68x | N/A | N/A | N/A |
| Innoviz Technologies Ltd. (INVZ)vs › | $96.20M | N/A | N/A | N/A | N/A |
| Kewaunee Scientific Corporation (KEQU)vs › | $98.93M | 4.33x | 4.93x | 5.53x | 5.53x |
| Brilliant Earth Group, Inc. (BRLT)vs › | $90.14M | -2.36x | 0.77x | 2.96x | 3.44x |
| Commercial Vehicle Group, Inc. (CVGI)vs › | $100.64M | -0.05x | 3.13x | 3.57x | 3.53x |
| Inspired Entertainment, Inc. (INSE)vs › | $103.77M | 0.91x | 0.93x | 1.20x | 1.20x |
| Canterbury Park Holding Corporation (CPHC)vs › | $82.35M | N/A | 11547.21x | 11547.21x | 8133.26x |
| Jerash Holdings (US), Inc. (JRSH)vs › | $77.01M | 3.89x | 2.37x | 3.49x | 15.07x |
| FST Corp. (KBSX)vs › | $76.55M | -2.76x | 195.50x | 75.52x | 64.86x |
Interest Coverage
-465.3x
Debt/Equity
0.29
Current Ratio
3.89
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 |
|---|---|
| 2024-06-30 | -465.29x |
| 2024-03-31 | -168.43x |
| 2023-12-31 | -299.03x |
| 2023-09-30 | -8030.00x |
| 2023-06-30 | -2101.67x |
| 2023-03-31 | -3710.00x |
| 2022-12-31 | -3151.80x |
| 2022-09-30 | -2698.00x |
| 2022-06-30 | -897.00x |
| 2022-03-31 | -2407.00x |
| 2021-12-31 | -584.83x |
| 2021-09-30 | 187.00x |
| 2021-06-30 | 2402.25x |
| 2021-03-31 | 3868.00x |
| 2020-12-31 | 114.87x |
| 2020-06-30 | 212.16x |
| 2020-03-31 | -302.43x |
| 2019-12-31 | -54.64x |
| 2019-09-30 | 8.01x |
| 2019-06-30 | 9.76x |
| 2019-03-31 | 2.66x |
| 2018-12-31 | -17.13x |
| 2018-09-30 | -2.48x |
| 2018-06-30 | -1.97x |
| 2018-03-31 | -2.03x |
| 2017-12-31 | -217.21x |
| 2017-09-30 | -133.98x |
| 2017-06-30 | -129.41x |
| 2017-03-31 | -245.14x |
| 2016-09-30 | 7.84x |
| 2016-06-30 | -129.09x |
| 2016-03-31 | -141.58x |
| 2015-06-30 | 10.93x |
