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 -3.50x is in line with its 5-year average of -3.69x, near the high end of its 5-year range (-400.75x–80.87x).
95.75% above its 12-month average of -82.28x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -400.75x.
INTEREST COVERAGE RATIO
-3.50x
INTEREST COVERAGE RATIO AVG TTM
-82.28x
INTEREST COVERAGE RATIO AVG 3Y
-3.89x
INTEREST COVERAGE RATIO AVG 5Y
-3.69x
INTEREST COVERAGE RATIO AVG 10Y
0.33x
INTEREST COVERAGE RATIO AVG 15Y
-0.07x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+95.75%
CURRENT VS 3Y AVG
+10.00%
CURRENT VS 5Y AVG
+5.17%
CURRENT VS 10Y AVG
-1161.58%
CURRENT VS 15Y AVG
-4631.48%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
3.30x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
-206.06%
vs the sector median at left
Largo Inc.
Market Cap
$35.49M
Interest Coverage Ratio
-3.50x
TTM Avg
-82.28x
3Y Avg
-3.89x
5Y Avg
-3.69x
Market Cap
$38.79M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.44M
Interest Coverage Ratio
-2.72x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.92M
Interest Coverage Ratio
-1268.30x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.73M
Interest Coverage Ratio
0.00x
TTM Avg
0.00x
3Y Avg
1.32x
5Y Avg
1.60x
Market Cap
$50.36M
Interest Coverage Ratio
1.40x
TTM Avg
1.40x
3Y Avg
1.40x
5Y Avg
1.40x
Market Cap
$19.96M
Interest Coverage Ratio
-5.95x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.71M
Interest Coverage Ratio
-3.09x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$54.11M
Interest Coverage Ratio
-1.59x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Largo Inc. (LGO) | $35.49M | -3.50x | -82.28x | -3.89x | -3.69x |
| Tactical Resources Corp. (TREO)vs › | $38.79M | N/A | N/A | N/A | N/A |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.44M | -2.72x | N/A | N/A | N/A |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $30.92M | -1268.30x | N/A | N/A | N/A |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.73M | 0.00x | 0.00x | 1.32x | 1.60x |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $50.36M | 1.40x | 1.40x | 1.40x | 1.40x |
| Loop Industries, Inc. (LOOP)vs › | $19.96M | -5.95x | N/A | N/A | N/A |
| Greenland Mines Ltd. (GRML)vs › | $18.71M | -3.09x | N/A | N/A | N/A |
| Electra Battery Materials Corporation (ELBM)vs › | $54.11M | -1.59x | N/A | N/A | N/A |
| Mercer International Inc. (MERC)vs › | $16.21M | -1.59x | 0.14x | 3.53x | 2.50x |
Interest Coverage
-3.5x
Debt/Equity
0.86
Current Ratio
0.54
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 | -400.75x |
| 2026-03-31 | -3.34x |
| 2025-12-31 | -3.30x |
| 2025-09-30 | -1.49x |
| 2025-06-30 | -2.53x |
| 2025-03-31 | -9.08x |
| 2024-12-31 | -3.28x |
| 2024-09-30 | -3.47x |
| 2024-06-30 | -5.22x |
| 2024-03-31 | -8.43x |
| 2023-12-31 | -2.18x |
| 2023-06-30 | -0.45x |
| 2023-03-31 | 2.65x |
| 2022-12-31 | -9.53x |
| 2022-09-30 | -14.15x |
| 2022-06-30 | 69.30x |
| 2022-03-31 | 29.99x |
| 2021-12-31 | 8.44x |
| 2021-09-30 | 40.98x |
| 2021-06-30 | 80.87x |
| 2021-03-31 | 22.06x |
| 2020-12-31 | 13.95x |
| 2020-09-30 | 8.25x |
| 2020-06-30 | -3.47x |
| 2020-03-31 | 136.27x |
| 2019-12-31 | -13.65x |
| 2019-09-30 | -152.00x |
| 2019-06-30 | -1.19x |
| 2019-03-31 | 1.21x |
| 2018-12-31 | 18.42x |
| 2018-09-30 | 7.15x |
| 2018-06-30 | 6.74x |
| 2018-03-31 | 5.70x |
| 2017-12-31 | 1.70x |
| 2017-09-30 | 2.17x |
| 2017-06-30 | 0.22x |
| 2017-03-31 | -0.26x |
| 2016-12-31 | -0.08x |
| 2016-09-30 | -1.19x |
| 2016-06-30 | -1.47x |
| 2016-03-31 | -1.70x |
| 2014-12-31 | -10.46x |
| 2014-09-30 | -0.25x |
| 2013-09-30 | -36.10x |
| 2012-12-31 | -104.58x |
| 2012-09-30 | -489.37x |
| 2012-06-30 | -67.73x |
| 2012-03-31 | -693.49x |
| 2011-12-31 | -1.21x |
| 2011-09-30 | -343.73x |
| 2011-06-30 | -74.75x |
| 2010-12-31 | -28.83x |
| 2010-09-30 | -15.57x |
| 2010-06-30 | -17.92x |
| 2010-03-31 | -1774.39x |
| 2009-12-31 | -19.69x |
| 2009-09-30 | -150.60x |
| 2009-06-30 | -118.62x |
| 2009-03-31 | -93.83x |
