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 -4.22x is 65% above its 5-year average of -12.02x, around the middle of its 5-year range (-120.17x–98.57x).
3.41% below its 12-month average of -4.08x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -4.62x.
INTEREST COVERAGE RATIO
-4.22x
INTEREST COVERAGE RATIO AVG TTM
-4.08x
INTEREST COVERAGE RATIO AVG 3Y
-5.91x
INTEREST COVERAGE RATIO AVG 5Y
-12.02x
INTEREST COVERAGE RATIO AVG 10Y
-3.35x
INTEREST COVERAGE RATIO AVG 15Y
-3.08x
INTEREST COVERAGE RATIO AVG 20Y
-2.96x
CURRENT VS TTM AVG
-3.41%
CURRENT VS 3Y AVG
+28.64%
CURRENT VS 5Y AVG
+64.89%
CURRENT VS 10Y AVG
-25.80%
CURRENT VS 15Y AVG
-36.89%
CURRENT VS 20Y AVG
-42.57%
SECTOR MEDIAN · HEALTHCARE
-6.38x
median of 528 covered companies
CURRENT VS SECTOR MEDIAN
+33.80%
vs the sector median at left
Ionis Pharmaceuticals, Inc.
Market Cap
$7.32B
Interest Coverage Ratio
-4.22x
TTM Avg
-4.08x
3Y Avg
-5.91x
5Y Avg
-12.02x
Market Cap
$7.61B
Interest Coverage Ratio
5.64x
TTM Avg
4.71x
3Y Avg
3.13x
5Y Avg
2.65x
Market Cap
$7.62B
Interest Coverage Ratio
-5.89x
TTM Avg
8.36x
3Y Avg
8.36x
5Y Avg
8.36x
Market Cap
$7.00B
Interest Coverage Ratio
20.69x
TTM Avg
19.66x
3Y Avg
19.10x
5Y Avg
16.50x
Market Cap
$7.72B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.78B
Interest Coverage Ratio
0.79x
TTM Avg
0.79x
3Y Avg
0.79x
5Y Avg
1.52x
Market Cap
$6.65B
Interest Coverage Ratio
193.28x
TTM Avg
199.58x
3Y Avg
145.92x
5Y Avg
155.47x
Market Cap
$8.04B
Interest Coverage Ratio
4.61x
TTM Avg
3.18x
3Y Avg
2.67x
5Y Avg
2.67x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ionis Pharmaceuticals, Inc. (IONS) | $7.32B | -4.22x | -4.08x | -5.91x | -12.02x |
| Hinge Health, Inc. (HNGE)vs › | $7.58B | N/A | N/A | N/A | N/A |
| HealthEquity, Inc. (HQY)vs › | $7.61B | 5.64x | 4.71x | 3.13x | 2.65x |
| Cytokinetics, Incorporated (CYTK)vs › | $7.62B | -5.89x | 8.36x | 8.36x | 8.36x |
| Alkermes plc (ALKS)vs › | $7.00B | 20.69x | 19.66x | 19.10x | 16.50x |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.72B | N/A | N/A | N/A | N/A |
| Caris Life Sciences, Inc. (CAI)vs › | $7.78B | 0.79x | 0.79x | 0.79x | 1.52x |
| Chemed Corporation (CHE)vs › | $6.65B | 193.28x | 199.58x | 145.92x | 155.47x |
| TG Therapeutics, Inc. (TGTX)vs › | $8.04B | 4.61x | 3.18x | 2.67x | 2.67x |
| Immunovant, Inc. (IMVT)vs › | $6.57B | N/A | N/A | N/A | N/A |
Interest Coverage
-4.2x
Debt/Equity
5.50
Current Ratio
7.88
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 | -4.62x |
| 2026-03-31 | -5.22x |
| 2025-12-31 | -9.48x |
| 2025-09-30 | -7.23x |
| 2025-06-30 | 6.14x |
| 2025-03-31 | -6.40x |
| 2024-12-31 | -4.85x |
| 2024-09-30 | -6.55x |
| 2024-06-30 | -2.90x |
| 2024-03-31 | -6.76x |
| 2023-12-31 | -0.27x |
| 2023-09-30 | -6.52x |
| 2023-06-30 | -4.52x |
| 2023-03-31 | -6.67x |
| 2022-12-31 | -120.17x |
| 2022-09-30 | -27.65x |
| 2022-06-30 | -40.15x |
| 2022-03-31 | -27.10x |
| 2021-12-31 | 98.57x |
| 2021-09-30 | -36.69x |
| 2021-06-30 | -30.96x |
| 2021-03-31 | -38.10x |
| 2020-12-31 | -9.31x |
| 2020-09-30 | -15.05x |
| 2020-06-30 | -21.20x |
| 2020-03-31 | -27.70x |
| 2019-12-31 | 19.50x |
| 2019-09-30 | 0.21x |
| 2019-06-30 | -1.60x |
| 2019-03-31 | 10.48x |
| 2018-12-31 | 0.94x |
| 2018-09-30 | -1.65x |
| 2018-06-30 | -4.52x |
| 2018-03-31 | -0.30x |
| 2017-12-31 | -0.16x |
| 2017-09-30 | 1.04x |
| 2017-06-30 | 0.55x |
| 2017-03-31 | 1.71x |
| 2016-12-31 | 4.14x |
| 2016-09-30 | 1.65x |
| 2016-06-30 | -5.08x |
| 2016-03-31 | -5.76x |
| 2015-12-31 | -6.73x |
| 2015-09-30 | -5.21x |
| 2015-06-30 | 4.89x |
| 2015-03-31 | -1.03x |
| 2014-12-31 | 1.38x |
| 2014-09-30 | -4.30x |
| 2014-06-30 | -1.34x |
| 2014-03-31 | -6.00x |
| 2013-12-31 | -4.07x |
| 2013-09-30 | -5.24x |
| 2013-06-30 | -1.65x |
| 2013-03-31 | 0.34x |
| 2012-09-30 | -4.72x |
| 2012-06-30 | 0.71x |
| 2012-03-31 | -3.56x |
| 2011-12-31 | -3.64x |
| 2011-09-30 | -4.68x |
| 2011-06-30 | -4.09x |
| 2011-03-31 | -4.72x |
| 2010-12-31 | -4.67x |
| 2010-09-30 | -2.68x |
| 2010-06-30 | -5.72x |
| 2010-03-31 | -1.51x |
| 2009-12-31 | -3.59x |
| 2009-09-30 | -3.26x |
| 2009-06-30 | -1.53x |
| 2009-03-31 | -0.21x |
| 2008-09-30 | 0.06x |
| 2008-06-30 | 0.37x |
| 2008-03-31 | -2.15x |