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 352.52x is 5441% above its 5-year average of -6.60x, near the high end of its 5-year range (-615.40x–352.52x).
As of the fiscal period ended Tuesday, December 31, 2024. 368.19% above its 12-month average of -131.44x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2024 (2024-12-31): 352.52x.
INTEREST COVERAGE RATIO
352.52x
INTEREST COVERAGE RATIO AVG TTM
-131.44x
INTEREST COVERAGE RATIO AVG 3Y
-44.62x
INTEREST COVERAGE RATIO AVG 5Y
-6.60x
INTEREST COVERAGE RATIO AVG 10Y
-6.49x
INTEREST COVERAGE RATIO AVG 15Y
-8.63x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+368.19%
CURRENT VS 3Y AVG
+889.99%
CURRENT VS 5Y AVG
+5441.27%
CURRENT VS 10Y AVG
+5535.15%
CURRENT VS 15Y AVG
+4186.29%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
9.00x
median of 55 covered companies
CURRENT VS SECTOR MEDIAN
+3816.85%
vs the sector median at left
Lithium Americas Corp.
Market Cap
$569.36M
Interest Coverage Ratio
352.52x
TTM Avg
-131.44x
3Y Avg
-44.62x
5Y Avg
-6.60x
Market Cap
$574.21M
Interest Coverage Ratio
3.05x
TTM Avg
3.05x
3Y Avg
3.37x
5Y Avg
3.48x
Market Cap
$878.26M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$944.62M
Interest Coverage Ratio
51.25x
TTM Avg
44.67x
3Y Avg
59.46x
5Y Avg
59.46x
Market Cap
$2.06B
Interest Coverage Ratio
4.80x
TTM Avg
4.70x
3Y Avg
4.79x
5Y Avg
5.05x
Market Cap
$2.55B
Interest Coverage Ratio
2.09x
TTM Avg
5.73x
3Y Avg
12.93x
5Y Avg
16.50x
Market Cap
$2.72B
Interest Coverage Ratio
30.16x
TTM Avg
26.32x
3Y Avg
25.12x
5Y Avg
28.20x
Market Cap
$3.18B
Interest Coverage Ratio
N/A
TTM Avg
200.68x
3Y Avg
164.44x
5Y Avg
140.10x
Market Cap
$3.61B
Interest Coverage Ratio
9.25x
TTM Avg
6.79x
3Y Avg
5.65x
5Y Avg
9.10x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lithium Americas Corp. (LAC) | $569.36M | 352.52x | -131.44x | -44.62x | -6.60x |
| Janus International Group, Inc. (JBI)vs › | $574.21M | 3.05x | 3.05x | 3.37x | 3.48x |
| Lightwave Logic, Inc. (LWLG)vs › | $878.26M | N/A | N/A | N/A | N/A |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $944.62M | 51.25x | 44.67x | 59.46x | 59.46x |
| Minerals Technologies Inc. (MTX)vs › | $2.06B | 4.80x | 4.70x | 4.79x | 5.05x |
| Endeavour Silver Corp. (EXK)vs › | $2.55B | 2.09x | 5.73x | 12.93x | 16.50x |
| WD-40 Company (WDFC)vs › | $2.72B | 30.16x | 26.32x | 25.12x | 28.20x |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.18B | N/A | 200.68x | 164.44x | 140.10x |
| Aris Mining Corporation (ARIS)vs › | $3.61B | 9.25x | 6.79x | 5.65x | 9.10x |
| Griffon Corporation (GFF)vs › | $4.31B | 2.15x | 2.99x | 2.64x | 2.54x |
Interest Coverage
352.5x
Debt/Equity
0.82
Current Ratio
5.47
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 | 352.52x |
| 2024-09-30 | -615.40x |
| 2023-09-30 | -45.53x |
| 2023-03-31 | -15.06x |
| 2022-12-31 | -39.70x |
| 2022-09-30 | -11.24x |
| 2022-06-30 | -13.99x |
| 2022-03-31 | -11.34x |
| 2021-12-31 | -1.85x |
| 2021-09-30 | -3.99x |
| 2021-03-31 | -3.05x |
| 2020-12-31 | -2.93x |
| 2019-12-31 | 4.06x |
| 2019-09-30 | 33.66x |
| 2019-06-30 | -3.90x |
| 2019-03-31 | -6.28x |
| 2015-06-30 | -8.25x |
| 2010-09-30 | -316.76x |
| 2010-06-30 | -550.13x |
| 2010-03-31 | -462.19x |
| 2009-09-30 | -564.21x |
| 2009-06-30 | -253.28x |
| 2009-03-31 | -2845.87x |
| 2008-12-31 | -30444.32x |
| 2008-03-31 | -10.77x |
