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 7.20x is 160% above its 4-year average of 2.77x, near the high end of its 4-year range (-8.53x–9.64x).
As of the fiscal period ended Tuesday, December 31, 2024.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2024 (2024-12-31): 7.20x.
INTEREST COVERAGE RATIO
7.20x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-0.66x
INTEREST COVERAGE RATIO AVG 5Y
2.77x
INTEREST COVERAGE RATIO AVG 10Y
4.56x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+1186.83%
CURRENT VS 5Y AVG
+159.75%
CURRENT VS 10Y AVG
+58.02%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
+266.53%
vs the sector median at left
Kornit Digital Ltd.
Market Cap
$842.76M
Interest Coverage Ratio
7.20x
TTM Avg
N/A
3Y Avg
-0.66x
5Y Avg
2.77x
Market Cap
$840.67M
Interest Coverage Ratio
2.51x
TTM Avg
12.45x
3Y Avg
10.60x
5Y Avg
11.67x
Market Cap
$839.03M
Interest Coverage Ratio
-25.87x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$871.17M
Interest Coverage Ratio
1.75x
TTM Avg
1.88x
3Y Avg
1.77x
5Y Avg
1.77x
Market Cap
$813.90M
Interest Coverage Ratio
3.55x
TTM Avg
2.96x
3Y Avg
2.89x
5Y Avg
2.99x
Market Cap
$801.87M
Interest Coverage Ratio
-2.58x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$884.54M
Interest Coverage Ratio
-5.38x
TTM Avg
5.37x
3Y Avg
5.37x
5Y Avg
33.45x
Market Cap
$885.48M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$888.41M
Interest Coverage Ratio
-15.59x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kornit Digital Ltd. (KRNT) | $842.76M | 7.20x | N/A | -0.66x | 2.77x |
| Transcat, Inc. (TRNS)vs › | $840.67M | 2.51x | 12.45x | 10.60x | 11.67x |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $839.03M | -25.87x | N/A | N/A | N/A |
| Aebi Schmidt Holding AG (AEBI)vs › | $871.17M | 1.75x | 1.88x | 1.77x | 1.77x |
| Republic Airways Holdings Inc. (RJET)vs › | $813.90M | 3.55x | 2.96x | 2.89x | 2.99x |
| PureCycle Technologies, Inc. (PCT)vs › | $801.87M | -2.58x | N/A | N/A | N/A |
| Heartland Express, Inc. (HTLD)vs › | $884.54M | -5.38x | 5.37x | 5.37x | 33.45x |
| Nano Nuclear Energy Inc. (NNE)vs › | $885.48M | N/A | N/A | N/A | N/A |
| Cryoport, Inc. (CYRX)vs › | $888.41M | -15.59x | N/A | N/A | N/A |
| Paysign, Inc. (PAYS)vs › | $790.83M | N/A | 36.76x | 30.99x | 22.71x |
Interest Coverage
7.2x
Debt/Equity
0.03
Current Ratio
8.81
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 |
|---|---|
| 2024-12-31 | 7.20x |
| 2021-12-31 | -8.53x |
| 2020-12-31 | 9.64x |
| 2019-03-31 | -370.00x |
| 2017-06-30 | -0.08x |
| 2017-03-31 | -4.32x |
| 2016-12-31 | 17.11x |
| 2016-09-30 | 2.09x |
| 2016-06-30 | 6.94x |
| 2015-12-31 | 13.41x |
| 2015-06-30 | 5.59x |
| 2015-03-31 | 1.08x |
| 2014-12-31 | 32.10x |
| 2014-09-30 | 32.83x |
| 2014-06-30 | 6.30x |
