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 231.00x is 177% above its 5-year average of 83.37x, near the high end of its 5-year range (-34.44x–231.00x).
As of the fiscal period ended Thursday, June 30, 2016. 30.00% above its 12-month average of 177.69x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2017 (2016-06-30): 231.00x.
INTEREST COVERAGE RATIO
231.00x
INTEREST COVERAGE RATIO AVG TTM
177.69x
INTEREST COVERAGE RATIO AVG 3Y
116.87x
INTEREST COVERAGE RATIO AVG 5Y
83.37x
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
+30.00%
CURRENT VS 3Y AVG
+97.66%
CURRENT VS 5Y AVG
+177.07%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.59x
median of 311 covered companies
CURRENT VS SECTOR MEDIAN
+6334.54%
vs the sector median at left
Highway Holdings Limited
Market Cap
$4.16M
Interest Coverage Ratio
231.00x
TTM Avg
177.69x
3Y Avg
116.87x
5Y Avg
83.37x
Market Cap
$4.10M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.42M
Interest Coverage Ratio
-3.51x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.60M
Interest Coverage Ratio
28.86x
TTM Avg
29.09x
3Y Avg
33.64x
5Y Avg
28.12x
Market Cap
$3.70M
Interest Coverage Ratio
N/A
TTM Avg
2.04x
3Y Avg
2.04x
5Y Avg
2.04x
Market Cap
$4.67M
Interest Coverage Ratio
-2.94x
TTM Avg
0.42x
3Y Avg
0.42x
5Y Avg
0.42x
Market Cap
$3.64M
Interest Coverage Ratio
-36.99x
TTM Avg
8.01x
3Y Avg
7.13x
5Y Avg
7.13x
Market Cap
$4.78M
Interest Coverage Ratio
-133.51x
TTM Avg
10.58x
3Y Avg
10.58x
5Y Avg
10.58x
Market Cap
$4.80M
Interest Coverage Ratio
2.00x
TTM Avg
2.00x
3Y Avg
10.22x
5Y Avg
23.24x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Highway Holdings Limited (HIHO) | $4.16M | 231.00x | 177.69x | 116.87x | 83.37x |
| Liberty Defense Holdings, Ltd. Common Shares (DETX)vs › | $4.10M | N/A | N/A | N/A | N/A |
| E-Power Inc. Class A (EPOW)vs › | $4.42M | -3.51x | N/A | N/A | N/A |
| Haoxin Holdings Limited Class A Ordinary Shares (HXHX)vs › | $4.60M | 28.86x | 29.09x | 33.64x | 28.12x |
| Baiya International Group Inc. (BIYA)vs › | $3.70M | N/A | 2.04x | 2.04x | 2.04x |
| Hydrofarm Holdings Group, Inc. (HYFM)vs › | $4.67M | -2.94x | 0.42x | 0.42x | 0.42x |
| INLIF Limited (INLF)vs › | $3.64M | -36.99x | 8.01x | 7.13x | 7.13x |
| FBS Global Limited Ordinary Shares (FBGL)vs › | $4.78M | -133.51x | 10.58x | 10.58x | 10.58x |
| JBDI Holdings Limited (JBDI)vs › | $4.80M | 2.00x | 2.00x | 10.22x | 23.24x |
| Iveda Solutions, Inc. (IVDA)vs › | $3.44M | -88.39x | N/A | N/A | N/A |
Interest Coverage
231.0x
Debt/Equity
0.59
Current Ratio
2.42
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 |
|---|---|
| 2016-06-30 | 231.00x |
| 2016-03-31 | 164.00x |
| 2015-12-31 | 213.00x |
| 2015-09-30 | 102.75x |
| 2015-03-31 | 27.71x |
| 2014-12-31 | 152.67x |
| 2014-09-30 | 81.50x |
| 2014-06-30 | 73.25x |
| 2014-03-31 | 57.50x |
| 2013-12-31 | 33.00x |
| 2013-09-30 | 41.00x |
| 2013-06-30 | 225.00x |
| 2013-03-31 | 50.00x |
| 2012-12-31 | 4.00x |
| 2012-09-30 | 8.33x |
| 2012-06-30 | 111.00x |
| 2012-03-31 | 89.00x |
| 2011-12-31 | 1.50x |
| 2011-09-30 | -34.44x |
| 2011-06-30 | 35.70x |
| 2011-03-31 | 45.59x |
| 2010-12-31 | 21.86x |
| 2010-09-30 | 16.70x |
| 2010-06-30 | 37.88x |
| 2010-03-31 | 40.67x |
| 2009-12-31 | 38.25x |
| 2009-09-30 | 7.58x |
| 2009-06-30 | -23.89x |
| 2009-03-31 | -1.20x |
| 2008-12-31 | 5.13x |
