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 -5.38x is 217% below its 4-year average of -1.70x, near the low end of its 4-year range (-6.38x–603.76x).
4.94% below its 12-month average of -5.13x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -4.53x.
INTEREST COVERAGE RATIO
-5.38x
INTEREST COVERAGE RATIO AVG TTM
-5.13x
INTEREST COVERAGE RATIO AVG 3Y
-2.58x
INTEREST COVERAGE RATIO AVG 5Y
-1.70x
INTEREST COVERAGE RATIO AVG 10Y
-0.66x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-4.94%
CURRENT VS 3Y AVG
-108.48%
CURRENT VS 5Y AVG
-217.17%
CURRENT VS 10Y AVG
-709.89%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.59x
median of 308 covered companies
CURRENT VS SECTOR MEDIAN
-249.65%
vs the sector median at left
Heartland Express, Inc.
Market Cap
$888.92M
Interest Coverage Ratio
-5.38x
TTM Avg
-5.13x
3Y Avg
-2.58x
5Y Avg
-1.70x
Market Cap
$873.49M
Interest Coverage Ratio
1.75x
TTM Avg
1.88x
3Y Avg
1.77x
5Y Avg
1.77x
Market Cap
$907.75M
Interest Coverage Ratio
-15.59x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$865.64M
Interest Coverage Ratio
N/A
TTM Avg
44.73x
3Y Avg
27.41x
5Y Avg
21.85x
Market Cap
$922.67M
Interest Coverage Ratio
N/A
TTM Avg
8.10x
3Y Avg
20.27x
5Y Avg
20.27x
Market Cap
$826.51M
Interest Coverage Ratio
-25.87x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$952.87M
Interest Coverage Ratio
-11.07x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$969.14M
Interest Coverage Ratio
3.54x
TTM Avg
2.85x
3Y Avg
3.54x
5Y Avg
15.02x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Heartland Express, Inc. (HTLD) | $888.92M | -5.38x | -5.13x | -2.58x | -1.70x |
| Aebi Schmidt Holding AG (AEBI)vs › | $873.49M | 1.75x | 1.88x | 1.77x | 1.77x |
| Cryoport, Inc. (CYRX)vs › | $907.75M | -15.59x | N/A | N/A | N/A |
| Kornit Digital Ltd. (KRNT)vs › | $865.64M | N/A | 44.73x | 27.41x | 21.85x |
| Kforce Inc. (KFRC)vs › | $922.67M | N/A | 8.10x | 20.27x | 20.27x |
| ITG Inc. (ITG)vs › | $942.29M | 1.14x | 1.14x | 1.14x | 1.14x |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $826.51M | -25.87x | N/A | N/A | N/A |
| Eos Energy Enterprises, Inc. (EOSE)vs › | $952.87M | -11.07x | N/A | N/A | N/A |
| Astec Industries, Inc. (ASTE)vs › | $969.14M | 3.54x | 2.85x | 3.54x | 15.02x |
| Red Cat Holdings, Inc. (RCAT)vs › | $979.86M | N/A | 0.64x | 0.64x | 0.64x |
Interest Coverage
-5.4x
Debt/Equity
0.19
Current Ratio
1.58
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 | -4.53x |
| 2026-03-31 | -4.80x |
| 2025-12-31 | -6.38x |
| 2025-09-30 | -4.79x |
| 2025-06-30 | -5.13x |
| 2025-03-31 | -5.37x |
| 2024-12-31 | -1.44x |
| 2024-09-30 | -1.68x |
| 2024-06-30 | 0.06x |
| 2024-03-31 | -2.71x |
| 2023-12-31 | 1.80x |
| 2023-09-30 | -1.23x |
| 2023-06-30 | 2.66x |
| 2023-03-31 | 3.77x |
| 2022-12-31 | 4.33x |
| 2022-09-30 | 14.82x |
| 2022-06-30 | 603.76x |
| 2019-12-31 | 29.44x |
| 2019-09-30 | 59.16x |
| 2017-09-30 | 74.28x |
| 2015-03-31 | 1487.37x |
| 2014-12-31 | 552.37x |
| 2014-09-30 | 374.12x |
| 2014-06-30 | 307.89x |
| 2014-03-31 | 133.47x |
| 2013-12-31 | 128.46x |
