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 -25.36x is 141% below its 5-year average of -10.50x, near the high end of its 5-year range (-2140.27x–47.80x).
As of the fiscal period ended Tuesday, June 30, 2026. 68.37% below its 12-month average of -15.06x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-25.36x
INTEREST COVERAGE RATIO AVG TTM
-15.06x
INTEREST COVERAGE RATIO AVG 3Y
-36.50x
INTEREST COVERAGE RATIO AVG 5Y
-10.50x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-68.37%
CURRENT VS 3Y AVG
+30.53%
CURRENT VS 5Y AVG
-141.49%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-425.92%
vs the sector median at left
IREN Limited
Market Cap
$13.14B
Interest Coverage Ratio
-25.36x
TTM Avg
-15.06x
3Y Avg
-36.50x
5Y Avg
-10.50x
Market Cap
$13.31B
Interest Coverage Ratio
7.54x
TTM Avg
6.59x
3Y Avg
4.91x
5Y Avg
4.28x
Market Cap
$12.86B
Interest Coverage Ratio
13.01x
TTM Avg
13.01x
3Y Avg
13.01x
5Y Avg
13.01x
Market Cap
$12.75B
Interest Coverage Ratio
N/A
TTM Avg
42.11x
3Y Avg
27.04x
5Y Avg
21.89x
Market Cap
$12.72B
Interest Coverage Ratio
9.15x
TTM Avg
8.98x
3Y Avg
9.00x
5Y Avg
8.00x
Market Cap
$12.61B
Interest Coverage Ratio
N/A
TTM Avg
1843.19x
3Y Avg
1631.59x
5Y Avg
1631.59x
Market Cap
$13.73B
Interest Coverage Ratio
N/A
TTM Avg
438.79x
3Y Avg
391.54x
5Y Avg
388.31x
Market Cap
$13.74B
Interest Coverage Ratio
8.17x
TTM Avg
6.63x
3Y Avg
5.35x
5Y Avg
6.36x
Market Cap
$13.75B
Interest Coverage Ratio
3.13x
TTM Avg
3.13x
3Y Avg
3.13x
5Y Avg
3.13x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IREN Limited (IREN) | $13.14B | -25.36x | -15.06x | -36.50x | -10.50x |
| GoDaddy Inc. (GDDY)vs › | $13.31B | 7.54x | 6.59x | 4.91x | 4.28x |
| HubSpot, Inc. (HUBS)vs › | $12.86B | 13.01x | 13.01x | 13.01x | 13.01x |
| Onto Innovation Inc. (ONTO)vs › | $12.75B | N/A | 42.11x | 27.04x | 21.89x |
| Gartner, Inc. (IT)vs › | $12.72B | 9.15x | 8.98x | 9.00x | 8.00x |
| Manhattan Associates, Inc. (MANH)vs › | $12.61B | N/A | 1843.19x | 1631.59x | 1631.59x |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.73B | N/A | 438.79x | 391.54x | 388.31x |
| Trimble Inc. (TRMB)vs › | $13.74B | 8.17x | 6.63x | 5.35x | 6.36x |
| Grab Holdings Limited (GRAB)vs › | $13.75B | 3.13x | 3.13x | 3.13x | 3.13x |
| DocuSign, Inc. (DOCU)vs › | $12.34B | 117.27x | 123.13x | 83.63x | 83.63x |
Interest Coverage
-25.4x
Debt/Equity
1.87
Current Ratio
3.55
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 | -25.36x |
| 2026-03-31 | -15.74x |
| 2025-12-31 | -10.91x |
| 2025-09-30 | -8.23x |
| 2025-03-31 | 6.72x |
| 2024-12-31 | 10.45x |
| 2024-09-30 | -2140.27x |
| 2024-06-30 | -360.62x |
| 2024-03-31 | 47.80x |
| 2023-12-31 | -74.03x |
| 2023-09-30 | -224.79x |
| 2023-06-30 | -70.89x |
| 2023-03-31 | -2.26x |
| 2022-12-31 | -12.37x |
| 2022-09-30 | -19.49x |
| 2022-06-30 | -5.79x |
| 2022-03-31 | 1.04x |
| 2021-12-31 | 0.40x |
| 2021-09-30 | 0.24x |
| 2021-06-30 | -0.09x |
| 2021-03-31 | 0.59x |
| 2020-12-31 | -1.69x |
| 2020-09-30 | -5.05x |
