Basis: Trailing twelve months (TTM). 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 -13.92x is 88% above its 5-year average of -113.30x, near the high end of its 5-year range (-337.95x–-1.41x).
32.46% below its 12-month average of -10.51x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -17.49x.
INTEREST COVERAGE RATIO
-13.92x
INTEREST COVERAGE RATIO AVG TTM
-10.51x
INTEREST COVERAGE RATIO AVG 3Y
-10.51x
INTEREST COVERAGE RATIO AVG 5Y
-113.30x
INTEREST COVERAGE RATIO AVG 10Y
-18.96x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-32.46%
CURRENT VS 3Y AVG
-32.46%
CURRENT VS 5Y AVG
+87.71%
CURRENT VS 10Y AVG
+26.57%
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
-4194.12%
vs the sector median at left
nLIGHT, Inc.
Market Cap
$2.26B
Interest Coverage Ratio
-13.92x
TTM Avg
-10.51x
3Y Avg
-10.51x
5Y Avg
-113.30x
Market Cap
$2.28B
Interest Coverage Ratio
1.48x
TTM Avg
0.79x
3Y Avg
0.79x
5Y Avg
0.79x
Market Cap
$2.33B
Interest Coverage Ratio
N/A
TTM Avg
880.35x
3Y Avg
783.88x
5Y Avg
891.27x
Market Cap
$2.18B
Interest Coverage Ratio
-5.93x
TTM Avg
10.16x
3Y Avg
6.62x
5Y Avg
7.93x
Market Cap
$2.16B
Interest Coverage Ratio
N/A
TTM Avg
5.25x
3Y Avg
7.00x
5Y Avg
31.72x
Market Cap
$2.10B
Interest Coverage Ratio
-17.35x
TTM Avg
18.61x
3Y Avg
9.52x
5Y Avg
9.52x
Market Cap
$2.42B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.26B | -13.92x | -10.51x | -10.51x | -113.30x |
| PDF Solutions, Inc. (PDFS)vs › | $2.28B | 1.48x | 0.79x | 0.79x | 0.79x |
| Asana, Inc. (ASAN)vs › | $2.21B | -62.68x | N/A | N/A | N/A |
| PC Connection, Inc. (CNXN)vs › | $2.33B | N/A | 880.35x | 783.88x | 891.27x |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.18B | -5.93x | 10.16x | 6.62x | 7.93x |
| Schrödinger, Inc. (SDGR)vs › | $2.17B | N/A | N/A | N/A | N/A |
| Innodata Inc. (INOD)vs › | $2.16B | N/A | 5.25x | 7.00x | 31.72x |
| Keel Infrastructure Corp. (KEEL)vs › | $2.10B | -17.35x | 18.61x | 9.52x | 9.52x |
| Payoneer Global Inc. (PAYO)vs › | $2.42B | N/A | N/A | N/A | N/A |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.42B | 6.27x | 6.26x | 7.64x | 6.11x |
Interest Coverage
-13.9x
Debt/Equity
0.03
Current Ratio
8.17
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 | -17.49x |
| 2026-03-31 | -1.41x |
| 2025-12-31 | -16.33x |
| 2025-09-30 | -6.40x |
| 2025-06-30 | -10.92x |
| 2021-12-31 | -234.19x |
| 2021-09-30 | -337.95x |
| 2021-06-30 | -281.69x |
| 2021-03-31 | -78.09x |
| 2020-12-31 | -97.41x |
| 2020-09-30 | -41.42x |
| 2020-06-30 | -93.06x |
| 2018-06-30 | 924.83x |
| 2018-03-31 | 19.21x |
| 2017-12-31 | 12.12x |
| 2017-09-30 | 60.51x |
| 2017-06-30 | 4.04x |
| 2017-03-31 | 1.22x |
