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 9.81x is in line with its 5-year average of 9.46x, around the middle of its 5-year range (-10.45x–25.82x).
86.85% above its 12-month average of 5.25x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 9.29x.
INTEREST COVERAGE RATIO
9.81x
INTEREST COVERAGE RATIO AVG TTM
5.25x
INTEREST COVERAGE RATIO AVG 3Y
7.66x
INTEREST COVERAGE RATIO AVG 5Y
9.46x
INTEREST COVERAGE RATIO AVG 10Y
9.70x
INTEREST COVERAGE RATIO AVG 15Y
6.47x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+86.85%
CURRENT VS 3Y AVG
+28.08%
CURRENT VS 5Y AVG
+3.73%
CURRENT VS 10Y AVG
+1.16%
CURRENT VS 15Y AVG
+51.62%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-4.23x
median of 360 covered companies
CURRENT VS SECTOR MEDIAN
+331.91%
vs the sector median at left
Innoviva, Inc.
Market Cap
$1.53B
Interest Coverage Ratio
9.81x
TTM Avg
5.25x
3Y Avg
7.66x
5Y Avg
9.46x
Market Cap
$1.54B
Interest Coverage Ratio
1.06x
TTM Avg
1.06x
3Y Avg
1.45x
5Y Avg
1.23x
Market Cap
$1.50B
Interest Coverage Ratio
0.02x
TTM Avg
0.02x
3Y Avg
0.02x
5Y Avg
0.02x
Market Cap
$1.49B
Interest Coverage Ratio
-131.05x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.47B
Interest Coverage Ratio
30.72x
TTM Avg
19.49x
3Y Avg
15.15x
5Y Avg
21.38x
Market Cap
$1.46B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.45B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.43B
Interest Coverage Ratio
0.60x
TTM Avg
0.60x
3Y Avg
0.60x
5Y Avg
0.60x
Market Cap
$1.65B
Interest Coverage Ratio
4.05x
TTM Avg
2.04x
3Y Avg
1.94x
5Y Avg
1.94x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innoviva, Inc. (INVA) | $1.53B | 9.81x | 5.25x | 7.66x | 9.46x |
| Certara, Inc. (CERT)vs › | $1.54B | 1.06x | 1.06x | 1.45x | 1.23x |
| Eton Pharmaceuticals, Inc. (ETON)vs › | $1.50B | 0.02x | 0.02x | 0.02x | 0.02x |
| GH Research PLC (GHRS)vs › | $1.49B | -131.05x | N/A | N/A | N/A |
| Healthcare Services Group, Inc. (HCSG)vs › | $1.47B | 30.72x | 19.49x | 15.15x | 21.38x |
| Braveheart Bio, Inc. (BRVE)vs › | $1.46B | N/A | N/A | N/A | N/A |
| Maze Therapeutics, Inc. (MAZE)vs › | $1.45B | N/A | N/A | N/A | N/A |
| AnaptysBio, Inc. (ANAB)vs › | $1.43B | 0.60x | 0.60x | 0.60x | 0.60x |
| ANI Pharmaceuticals, Inc. (ANIP)vs › | $1.65B | 4.05x | 2.04x | 1.94x | 1.94x |
| Alphatec Holdings, Inc. (ATEC)vs › | $1.65B | -3.88x | 0.61x | 0.61x | 0.61x |
Interest Coverage
9.8x
Debt/Equity
0.22
Current Ratio
16.01
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 |
|---|---|
| 2026-06-30 | 9.29x |
| 2026-03-31 | 7.02x |
| 2025-12-31 | 11.78x |
| 2025-09-30 | 8.61x |
| 2025-06-30 | -10.45x |
| 2025-03-31 | -8.79x |
| 2024-12-31 | 9.08x |
| 2024-09-30 | 8.57x |
| 2024-06-30 | 9.43x |
| 2024-03-31 | 4.41x |
| 2023-12-31 | 6.30x |
| 2023-09-30 | 5.53x |
| 2023-06-30 | 4.22x |
| 2023-03-31 | 4.77x |
| 2022-12-31 | 7.66x |
| 2022-09-30 | 2.42x |
| 2022-06-30 | 22.59x |
| 2022-03-31 | 25.82x |
| 2021-12-31 | 21.59x |
| 2021-09-30 | 19.74x |
| 2021-06-30 | 20.35x |
| 2021-03-31 | 16.93x |
| 2020-12-31 | 18.23x |
| 2020-09-30 | 18.34x |
| 2020-06-30 | 16.62x |
| 2020-03-31 | 16.85x |
| 2019-12-31 | 15.70x |
| 2019-09-30 | 12.95x |
| 2019-06-30 | 12.82x |
| 2019-03-31 | 11.30x |
| 2018-12-31 | 16.86x |
| 2018-09-30 | 11.01x |
| 2018-06-30 | 9.68x |
| 2018-03-31 | 5.31x |
| 2017-12-31 | 7.95x |
| 2017-09-30 | 3.90x |
| 2017-06-30 | 3.92x |
| 2017-03-31 | 2.30x |
| 2016-12-31 | 2.90x |
| 2016-09-30 | 2.13x |
| 2016-06-30 | 1.97x |
| 2016-03-31 | 1.33x |
| 2015-12-31 | 1.33x |
| 2015-09-30 | 0.65x |
| 2015-06-30 | 0.39x |
| 2015-03-31 | 0.06x |
| 2014-12-31 | 0.01x |
| 2014-09-30 | -0.77x |
| 2014-06-30 | -0.95x |
| 2014-03-31 | -8.96x |
| 2013-12-31 | -4.40x |
| 2013-09-30 | -4.05x |
| 2013-06-30 | -2.28x |
| 2013-03-31 | -8.40x |
| 2012-12-31 | -19.99x |
| 2012-09-30 | -22.23x |
| 2012-06-30 | -23.79x |
| 2012-03-31 | 57.28x |
| 2011-12-31 | -23.67x |
| 2011-09-30 | -19.40x |
| 2011-06-30 | -15.71x |
| 2011-03-31 | -14.11x |
| 2010-12-31 | -11.90x |
| 2010-09-30 | -13.12x |
| 2010-06-30 | -12.89x |
| 2010-03-31 | -13.92x |
| 2009-12-31 | -12.87x |
| 2009-09-30 | -13.91x |
| 2009-06-30 | -14.13x |
| 2009-03-31 | -12.10x |
