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 10.23x is 45% below its 5-year average of 18.72x, near the low end of its 5-year range (-47.22x–247.00x).
As of the fiscal period ended Thursday, April 30, 2026. 81.94% below its 12-month average of 56.66x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
10.23x
INTEREST COVERAGE RATIO AVG TTM
56.66x
INTEREST COVERAGE RATIO AVG 3Y
31.82x
INTEREST COVERAGE RATIO AVG 5Y
5.79x
INTEREST COVERAGE RATIO AVG 10Y
7.25x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-81.94%
CURRENT VS 3Y AVG
-67.84%
CURRENT VS 5Y AVG
+76.73%
CURRENT VS 10Y AVG
+41.06%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+33.59%
vs the sector median at left
Hewlett Packard Enterprise Company
Market Cap
$63.15B
Interest Coverage Ratio
10.23x
TTM Avg
56.66x
3Y Avg
31.82x
5Y Avg
5.79x
Market Cap
$60.15B
Interest Coverage Ratio
41.70x
TTM Avg
40.82x
3Y Avg
39.75x
5Y Avg
41.13x
Market Cap
$58.63B
Interest Coverage Ratio
86.44x
TTM Avg
125.99x
3Y Avg
151.83x
5Y Avg
118.85x
Market Cap
$58.05B
Interest Coverage Ratio
7.10x
TTM Avg
7.84x
3Y Avg
8.23x
5Y Avg
6.85x
Market Cap
$57.11B
Interest Coverage Ratio
N/A
TTM Avg
510.98x
3Y Avg
2104.82x
5Y Avg
2104.82x
Market Cap
$55.78B
Interest Coverage Ratio
-8.66x
TTM Avg
3.77x
3Y Avg
3.63x
5Y Avg
4.64x
Market Cap
$70.33B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.05B
Interest Coverage Ratio
9.88x
TTM Avg
9.90x
3Y Avg
13.53x
5Y Avg
12.93x
Market Cap
$53.82B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hewlett Packard Enterprise Company (HPE) | $63.15B | 10.23x | 56.66x | 31.82x | 5.79x |
| TE Connectivity plc (TEL)vs › | $60.15B | 41.70x | 40.82x | 39.75x | 41.13x |
| Teradyne, Inc. (TER)vs › | $58.63B | 86.44x | 125.99x | 151.83x | 118.85x |
| NXP Semiconductors N.V. (NXPI)vs › | $58.05B | 7.10x | 7.84x | 8.23x | 6.85x |
| Garmin Ltd. (GRMN)vs › | $57.11B | N/A | 510.98x | 2104.82x | 2104.82x |
| Lumentum Holdings Inc. (LITE)vs › | $55.78B | -8.66x | 3.77x | 3.63x | 4.64x |
| Monolithic Power Systems, Inc. (MPWR)vs › | $70.33B | N/A | N/A | N/A | N/A |
| Keysight Technologies, Inc. (KEYS)vs › | $55.05B | 9.88x | 9.90x | 13.53x | 12.93x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $53.82B | N/A | N/A | N/A | N/A |
| Motorola Solutions, Inc. (MSI)vs › | $72.77B | 8.04x | 8.57x | 8.32x | 7.83x |
Interest Coverage
10.2x
Debt/Equity
0.98
Current Ratio
1.01
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 |
|---|---|
| 2026-04-30 | 10.23x |
| 2026-01-31 | 16.63x |
| 2025-10-31 | -47.22x |
| 2025-07-31 | 247.00x |
| 2025-01-31 | 2.58x |
| 2024-10-31 | 37.41x |
| 2024-04-30 | 2.80x |
| 2023-10-31 | 1.73x |
| 2023-04-30 | 15.24x |
| 2023-01-31 | -1.79x |
| 2022-10-31 | 1.55x |
| 2022-07-31 | 1.95x |
| 2022-04-30 | 1.10x |
| 2022-01-31 | 5.45x |
| 2021-10-31 | 2.99x |
| 2021-07-31 | 7.83x |
| 2021-04-30 | 12.76x |
| 2020-10-31 | 6.45x |
| 2020-04-30 | 0.95x |
| 2020-01-31 | 6.98x |
| 2019-10-31 | 6.98x |
| 2019-07-31 | 7.14x |
| 2019-04-30 | 12.97x |
| 2019-01-31 | 4.97x |
| 2018-10-31 | 5.14x |
| 2018-07-31 | 7.79x |
| 2018-04-30 | 11.60x |
| 2018-01-31 | 14.32x |
| 2017-10-31 | 10.00x |
| 2017-07-31 | 4.03x |
| 2017-04-30 | 6.16x |
| 2017-01-31 | 9.50x |
| 2016-10-31 | 15.86x |
| 2016-07-31 | 11.54x |
| 2016-04-30 | 8.67x |
| 2016-01-31 | 4.80x |
| 2015-10-31 | -0.05x |
| 2015-04-30 | 14.27x |
| 2015-01-31 | 40.67x |
| 2014-10-31 | 29.50x |
| 2014-07-31 | 22.13x |