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 28.32x is 1411% above its 5-year average of -2.16x, near the high end of its 5-year range (-24.70x–28.32x).
As of the fiscal period ended Saturday, March 28, 2026. 387.80% above its 12-month average of 5.81x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
28.32x
INTEREST COVERAGE RATIO AVG TTM
5.81x
INTEREST COVERAGE RATIO AVG 3Y
-8.99x
INTEREST COVERAGE RATIO AVG 5Y
-3.68x
INTEREST COVERAGE RATIO AVG 10Y
1.52x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+387.80%
CURRENT VS 3Y AVG
+414.88%
CURRENT VS 5Y AVG
+868.76%
CURRENT VS 10Y AVG
+1764.78%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+269.75%
vs the sector median at left
Lumentum Holdings Inc.
Market Cap
$69.26B
Interest Coverage Ratio
28.32x
TTM Avg
5.81x
3Y Avg
-8.99x
5Y Avg
-3.68x
Market Cap
$68.86B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$70.47B
Interest Coverage Ratio
9.39x
TTM Avg
15.10x
3Y Avg
10.65x
5Y Avg
10.79x
Market Cap
$74.17B
Interest Coverage Ratio
2.26x
TTM Avg
1.34x
3Y Avg
1.77x
5Y Avg
2.54x
Market Cap
$62.72B
Interest Coverage Ratio
41.70x
TTM Avg
40.82x
3Y Avg
39.75x
5Y Avg
41.13x
Market Cap
$77.61B
Interest Coverage Ratio
8.04x
TTM Avg
8.57x
3Y Avg
8.32x
5Y Avg
7.83x
Market Cap
$60.45B
Interest Coverage Ratio
7.10x
TTM Avg
7.84x
3Y Avg
8.23x
5Y Avg
6.85x
Market Cap
$59.96B
Interest Coverage Ratio
N/A
TTM Avg
510.98x
3Y Avg
2104.82x
5Y Avg
2104.82x
Market Cap
$59.30B
Interest Coverage Ratio
101.29x
TTM Avg
133.41x
3Y Avg
155.54x
5Y Avg
121.32x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lumentum Holdings Inc. (LITE) | $69.26B | 28.32x | 5.81x | -8.99x | -3.68x |
| Monolithic Power Systems, Inc. (MPWR)vs › | $68.86B | N/A | N/A | N/A | N/A |
| Hewlett Packard Enterprise Company (HPE)vs › | $70.47B | 9.39x | 15.10x | 10.65x | 10.79x |
| Coherent, Inc. (COHR)vs › | $74.17B | 2.26x | 1.34x | 1.77x | 2.54x |
| TE Connectivity plc (TEL)vs › | $62.72B | 41.70x | 40.82x | 39.75x | 41.13x |
| Motorola Solutions, Inc. (MSI)vs › | $77.61B | 8.04x | 8.57x | 8.32x | 7.83x |
| NXP Semiconductors N.V. (NXPI)vs › | $60.45B | 7.10x | 7.84x | 8.23x | 6.85x |
| Garmin Ltd. (GRMN)vs › | $59.96B | N/A | 510.98x | 2104.82x | 2104.82x |
| Teradyne, Inc. (TER)vs › | $59.30B | 101.29x | 133.41x | 155.54x | 121.32x |
| Synopsys, Inc. (SNPS)vs › | $79.65B | 2.05x | 19.43x | 296.60x | 254.24x |
Interest Coverage
28.3x
Debt/Equity
1.11
Current Ratio
1.14
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 |
|---|---|
| 2026-03-28 | 28.32x |
| 2025-12-27 | 10.14x |
| 2025-09-27 | 2.63x |
| 2025-06-28 | -0.59x |
| 2025-03-29 | -11.47x |
| 2024-12-28 | -9.09x |
| 2024-09-28 | -14.98x |
| 2024-06-29 | -24.70x |
| 2024-03-30 | -14.98x |
| 2023-12-30 | -24.70x |
| 2023-09-30 | -8.33x |
| 2023-06-30 | -5.95x |
| 2023-04-01 | -5.91x |
| 2022-12-31 | -2.46x |
| 2022-10-01 | 1.59x |
| 2022-06-30 | 2.09x |
| 2022-04-02 | 2.38x |
| 2022-01-01 | 4.98x |
| 2021-10-02 | 6.86x |
| 2021-06-30 | 2.54x |
| 2021-04-03 | 16.27x |
| 2020-12-26 | 7.07x |
| 2020-09-26 | 6.19x |
| 2020-06-30 | 1.70x |
| 2020-03-28 | 2.72x |
| 2019-12-28 | 4.09x |
| 2019-09-28 | 5.25x |
| 2019-06-30 | -1.21x |
| 2019-03-30 | -6.76x |
| 2018-12-29 | 1.35x |
| 2018-09-29 | 11.20x |
| 2018-06-30 | 4.54x |
| 2018-03-31 | 5.54x |
| 2017-12-30 | 19.74x |
| 2017-09-30 | 0.61x |
| 2017-04-01 | 12.36x |
| 2014-06-30 | -68.00x |
