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 -83.16x is 62% below its 1-year average of -51.26x, near the low end of its 1-year range (-83.16x–-19.35x).
As of the fiscal period ended Thursday, February 29, 2024. 62.24% below its 12-month average of -51.26x.
Reported quarterly interest coverage; no daily interpolation.
Limited quarterly history available
Interest Coverage needs at least three reported quarters before a meaningful chart is shown.
INTEREST COVERAGE RATIO
-83.16x
INTEREST COVERAGE RATIO AVG TTM
-51.26x
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
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
-62.24%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
2.49x
median of 356 covered companies
CURRENT VS SECTOR MEDIAN
-3446.59%
vs the sector median at left
New Horizon Aircraft Ltd
Market Cap
$108.93M
Interest Coverage Ratio
-83.16x
TTM Avg
-51.26x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$110.36M
Interest Coverage Ratio
N/A
TTM Avg
5.37x
3Y Avg
5.82x
5Y Avg
5.82x
Market Cap
$102.74M
Interest Coverage Ratio
-144.41x
TTM Avg
23.75x
3Y Avg
44.36x
5Y Avg
44.36x
Market Cap
$102.06M
Interest Coverage Ratio
N/A
TTM Avg
8.22x
3Y Avg
12.99x
5Y Avg
12.99x
Market Cap
$101.57M
Interest Coverage Ratio
0.13x
TTM Avg
0.75x
3Y Avg
1.66x
5Y Avg
1.30x
Market Cap
$117.40M
Interest Coverage Ratio
0.03x
TTM Avg
0.07x
3Y Avg
0.07x
5Y Avg
0.39x
Market Cap
$117.66M
Interest Coverage Ratio
-2.10x
TTM Avg
71.02x
3Y Avg
57.70x
5Y Avg
57.70x
Market Cap
$97.61M
Interest Coverage Ratio
2.49x
TTM Avg
2.49x
3Y Avg
8.66x
5Y Avg
8.66x
Market Cap
$122.45M
Interest Coverage Ratio
N/A
TTM Avg
355.45x
3Y Avg
204.88x
5Y Avg
139.86x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Horizon Aircraft Ltd (HOVR) | $108.93M | -83.16x | -51.26x | N/A | N/A |
| CBAK Energy Technology, Inc. (CBAT)vs › | $110.36M | N/A | 5.37x | 5.82x | 5.82x |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $102.74M | -144.41x | 23.75x | 44.36x | 44.36x |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $102.06M | N/A | 8.22x | 12.99x | 12.99x |
| Broadwind, Inc. (BWEN)vs › | $101.57M | 0.13x | 0.75x | 1.66x | 1.30x |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | 0.03x | 0.07x | 0.07x | 0.39x |
| Orion Energy Systems, Inc. (OESX)vs › | $117.66M | -2.10x | 71.02x | 57.70x | 57.70x |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $97.61M | 2.49x | 2.49x | 8.66x | 8.66x |
| Coda Octopus Group, Inc. (CODA)vs › | $122.45M | N/A | 355.45x | 204.88x | 139.86x |
| RF Industries, Ltd. (RFIL)vs › | $94.63M | N/A | 5.80x | 5.80x | 30.89x |
Interest Coverage
-83.2x
Debt/Equity
0.00
Current Ratio
22.76
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 |
|---|---|
| 2024-02-29 | -83.16x |
| 2023-03-31 | -19.35x |
