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 -511.55x is in line with its 3-year average of -480.04x, near the high end of its 3-year range (-154024.00x–-96.46x).
As of the fiscal period ended Thursday, March 31, 2022. 98.36% above its 12-month average of -31142.43x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2022 (2022-03-31): -511.55x.
INTEREST COVERAGE RATIO
-511.55x
INTEREST COVERAGE RATIO AVG TTM
-31142.43x
INTEREST COVERAGE RATIO AVG 3Y
-480.04x
INTEREST COVERAGE RATIO AVG 5Y
-480.04x
INTEREST COVERAGE RATIO AVG 10Y
-267.74x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+98.36%
CURRENT VS 3Y AVG
-6.56%
CURRENT VS 5Y AVG
-6.56%
CURRENT VS 10Y AVG
-91.06%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.34x
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
-150556.29%
vs the sector median at left
Ideal Power Inc.
Market Cap
$65.01M
Interest Coverage Ratio
-511.55x
TTM Avg
-31142.43x
3Y Avg
-480.04x
5Y Avg
-480.04x
Market Cap
$64.47M
Interest Coverage Ratio
1.34x
TTM Avg
1.34x
3Y Avg
2.51x
5Y Avg
7.35x
Market Cap
$66.04M
Interest Coverage Ratio
-10.67x
TTM Avg
1566.89x
3Y Avg
1566.89x
5Y Avg
1566.89x
Market Cap
$66.33M
Interest Coverage Ratio
-20.52x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$62.48M
Interest Coverage Ratio
-76.39x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$62.67M
Interest Coverage Ratio
N/A
TTM Avg
31.49x
3Y Avg
18.77x
5Y Avg
13.86x
Market Cap
$62.64M
Interest Coverage Ratio
0.67x
TTM Avg
0.67x
3Y Avg
0.67x
5Y Avg
0.67x
Market Cap
$67.73M
Interest Coverage Ratio
3.50x
TTM Avg
3.50x
3Y Avg
3.50x
5Y Avg
3.50x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ideal Power Inc. (IPWR) | $65.01M | -511.55x | -31142.43x | -480.04x | -480.04x |
| TTEC Holdings, Inc. (TTEC)vs › | $64.47M | 1.34x | 1.34x | 2.51x | 7.35x |
| Eva Live, Inc. (GOAI)vs › | $65.22M | N/A | N/A | N/A | N/A |
| Genasys Inc. (GNSS)vs › | $66.04M | -10.67x | 1566.89x | 1566.89x | 1566.89x |
| AMC Robotics Corporation (AMCI)vs › | $66.33M | -20.52x | N/A | N/A | N/A |
| Forum Markets, Incorporated (FRMM)vs › | $62.48M | -76.39x | N/A | N/A | N/A |
| Planet Image International Limited Class A (YIBO)vs › | $62.67M | N/A | 31.49x | 18.77x | 13.86x |
| comScore Inc. (SCOR)vs › | $62.64M | 0.67x | 0.67x | 0.67x | 0.67x |
| Research Solutions, Inc. (RSSS)vs › | $67.73M | 3.50x | 3.50x | 3.50x | 3.50x |
| AI Financial Corporation (AIFC)vs › | $62.34M | N/A | N/A | N/A | N/A |
Interest Coverage
-511.6x
Debt/Equity
0.01
Current Ratio
27.86
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 | -511.55x |
| 2021-12-31 | -242.82x |
| 2021-09-30 | -246.14x |
| 2021-06-30 | -687.63x |
| 2021-03-31 | -154024.00x |
| 2020-12-31 | -440.96x |
| 2020-09-30 | -863.41x |
| 2020-06-30 | -788.82x |
| 2020-03-31 | -13887.07x |
| 2019-12-31 | -661.25x |
| 2019-09-30 | -261.33x |
| 2019-03-31 | -96.46x |
| 2018-09-30 | -20087.60x |
| 2013-12-31 | -0.79x |
| 2013-09-30 | -0.64x |
| 2013-06-30 | -0.83x |
| 2013-03-31 | -0.68x |
| 2012-12-31 | -1.43x |
| 2012-09-30 | -1.26x |
| 2012-06-30 | -7.50x |
| 2012-03-31 | -5.87x |