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 1330.61x is 187% above its 4-year average of 464.39x, near the high end of its 4-year range (10.61x–1330.61x).
As of the fiscal period ended Thursday, March 31, 2022. 199.48% above its 12-month average of 444.31x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2022 (2022-03-31): 1330.61x.
INTEREST COVERAGE RATIO
1330.61x
INTEREST COVERAGE RATIO AVG TTM
444.31x
INTEREST COVERAGE RATIO AVG 3Y
444.31x
INTEREST COVERAGE RATIO AVG 5Y
464.39x
INTEREST COVERAGE RATIO AVG 10Y
549.34x
INTEREST COVERAGE RATIO AVG 15Y
243.29x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+199.48%
CURRENT VS 3Y AVG
+199.48%
CURRENT VS 5Y AVG
+186.53%
CURRENT VS 10Y AVG
+142.22%
CURRENT VS 15Y AVG
+446.94%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.34x
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
+391257.14%
vs the sector median at left
IPG Photonics Corporation
Market Cap
$3.55B
Interest Coverage Ratio
1330.61x
TTM Avg
444.31x
3Y Avg
444.31x
5Y Avg
464.39x
Market Cap
$3.51B
Interest Coverage Ratio
1.85x
TTM Avg
2.92x
3Y Avg
3.08x
5Y Avg
3.08x
Market Cap
$3.45B
Interest Coverage Ratio
-29.42x
TTM Avg
21.42x
3Y Avg
24.76x
5Y Avg
18.63x
Market Cap
$3.66B
Interest Coverage Ratio
N/A
TTM Avg
549.31x
3Y Avg
404.44x
5Y Avg
404.44x
Market Cap
$3.40B
Interest Coverage Ratio
3.91x
TTM Avg
4.98x
3Y Avg
5.29x
5Y Avg
4.01x
Market Cap
$3.80B
Interest Coverage Ratio
N/A
TTM Avg
2.16x
3Y Avg
2.16x
5Y Avg
2.02x
Market Cap
$3.29B
Interest Coverage Ratio
10.16x
TTM Avg
5.40x
3Y Avg
3.68x
5Y Avg
3.45x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IPG Photonics Corporation (IPGP) | $3.55B | 1330.61x | 444.31x | 444.31x | 464.39x |
| monday.com Ltd. (MNDY)vs › | $3.56B | N/A | N/A | N/A | N/A |
| Shift4 Payments, Inc. (FOUR)vs › | $3.51B | 1.85x | 2.92x | 3.08x | 3.08x |
| Cohu, Inc. (COHU)vs › | $3.45B | -29.42x | 21.42x | 24.76x | 18.63x |
| Universal Display Corporation (OLED)vs › | $3.66B | N/A | 549.31x | 404.44x | 404.44x |
| Veeco Instruments Inc. (VECO)vs › | $3.40B | 3.91x | 4.98x | 5.29x | 4.01x |
| Life360, Inc. (LIF)vs › | $3.35B | N/A | N/A | N/A | N/A |
| Freshworks Inc. (FRSH)vs › | $3.80B | N/A | 2.16x | 2.16x | 2.02x |
| Penguin Solutions, Inc. (PENG)vs › | $3.29B | 10.16x | 5.40x | 3.68x | 3.45x |
| Workiva Inc. (WK)vs › | $3.82B | -3.32x | N/A | N/A | N/A |
Interest Coverage
1330.6x
Debt/Equity
0.01
Current Ratio
6.18
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 |
|---|---|
| 2022-03-31 | 1330.61x |
| 2021-12-31 | 130.67x |
| 2021-09-30 | 354.12x |
| 2021-06-30 | 226.66x |
| 2021-03-31 | 179.48x |
| 2018-12-31 | 10.61x |
| 2017-12-31 | 201.18x |
| 2017-09-30 | 1281.78x |
| 2016-12-31 | 80.67x |
| 2016-09-30 | 252.24x |
| 2016-06-30 | 351.88x |
| 2016-03-31 | 364.68x |
| 2015-09-30 | 2239.05x |
| 2015-06-30 | 780.74x |
| 2015-03-31 | 445.77x |
| 2014-09-30 | 19397.25x |
| 2014-03-31 | 415.75x |
| 2013-09-30 | 948.78x |
| 2013-06-30 | 1710.71x |
| 2013-03-31 | 936.72x |
| 2012-09-30 | 1091.04x |
| 2012-06-30 | 91.78x |
| 2012-03-31 | 350.21x |
| 2011-12-31 | 479.90x |
| 2011-09-30 | 235.56x |
| 2011-06-30 | 271.31x |
| 2011-03-31 | 165.52x |
| 2010-12-31 | 88.41x |
| 2010-09-30 | 58.70x |
| 2010-06-30 | 82.26x |
| 2010-03-31 | 25.63x |
| 2009-12-31 | 20.39x |
| 2009-09-30 | 13.71x |
| 2009-06-30 | -3.50x |
| 2009-03-31 | 5.19x |
| 2008-06-30 | 69.80x |
| 2008-03-31 | 132.00x |
| 2007-12-31 | 18.33x |
