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 21359.50x is 1724% above its 5-year average of 1171.06x, around the middle of its 5-year range (17.54x–42239.00x).
As of the fiscal period ended Sunday, June 30, 2024. 15.57% below its 12-month average of 25299.90x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2024 (2024-06-30): 21359.50x.
INTEREST COVERAGE RATIO
21359.50x
INTEREST COVERAGE RATIO AVG TTM
25299.90x
INTEREST COVERAGE RATIO AVG 3Y
13739.42x
INTEREST COVERAGE RATIO AVG 5Y
1171.06x
INTEREST COVERAGE RATIO AVG 10Y
110.09x
INTEREST COVERAGE RATIO AVG 15Y
107.34x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-15.57%
CURRENT VS 3Y AVG
+55.46%
CURRENT VS 5Y AVG
+1723.95%
CURRENT VS 10Y AVG
+19301.01%
CURRENT VS 15Y AVG
+19799.74%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
3.21x
median of 143 covered companies
CURRENT VS SECTOR MEDIAN
+665304.98%
vs the sector median at left
Grand Canyon Education, Inc.
Market Cap
$4.05B
Interest Coverage Ratio
21359.50x
TTM Avg
25299.90x
3Y Avg
13739.42x
5Y Avg
1171.06x
Market Cap
$3.61B
Interest Coverage Ratio
37.30x
TTM Avg
36.21x
3Y Avg
37.19x
5Y Avg
39.46x
Market Cap
$4.54B
Interest Coverage Ratio
3.68x
TTM Avg
3.16x
3Y Avg
2.62x
5Y Avg
2.22x
Market Cap
$4.70B
Interest Coverage Ratio
5.72x
TTM Avg
5.66x
3Y Avg
5.27x
5Y Avg
6.57x
Market Cap
$3.39B
Interest Coverage Ratio
38.27x
TTM Avg
36.28x
3Y Avg
30.14x
5Y Avg
24.27x
Market Cap
$3.32B
Interest Coverage Ratio
2.36x
TTM Avg
2.50x
3Y Avg
2.17x
5Y Avg
1.99x
Market Cap
$3.13B
Interest Coverage Ratio
N/A
TTM Avg
917.09x
3Y Avg
490.43x
5Y Avg
394.65x
Market Cap
$3.08B
Interest Coverage Ratio
6.73x
TTM Avg
4.92x
3Y Avg
4.92x
5Y Avg
4.92x
Market Cap
$2.97B
Interest Coverage Ratio
N/A
TTM Avg
1539.90x
3Y Avg
1273.97x
5Y Avg
1019.69x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grand Canyon Education, Inc. (LOPE) | $4.05B | 21359.50x | 25299.90x | 13739.42x | 1171.06x |
| Inter Parfums, Inc. (IPAR)vs › | $3.61B | 37.30x | 36.21x | 37.19x | 39.46x |
| The Chefs' Warehouse, Inc. (CHEF)vs › | $4.54B | 3.68x | 3.16x | 2.62x | 2.22x |
| Reynolds Consumer Products Inc. (REYN)vs › | $4.70B | 5.72x | 5.66x | 5.27x | 6.57x |
| Stride, Inc. (LRN)vs › | $3.39B | 38.27x | 36.28x | 30.14x | 24.27x |
| Post Holdings, Inc. (POST)vs › | $3.32B | 2.36x | 2.50x | 2.17x | 1.99x |
| The Vita Coco Company, Inc. (COCO)vs › | $3.13B | N/A | 917.09x | 490.43x | 394.65x |
| Freshpet, Inc. (FRPT)vs › | $3.08B | 6.73x | 4.92x | 4.92x | 4.92x |
| Cal-Maine Foods, Inc. (CALM)vs › | $2.97B | N/A | 1539.90x | 1273.97x | 1019.69x |
| Laureate Education, Inc. (LAUR)vs › | $5.27B | 40.44x | 30.55x | 23.42x | 23.42x |
Interest Coverage
21359.5x
Debt/Equity
0.16
Current Ratio
2.82
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 |
|---|---|
| 2024-06-30 | 21359.50x |
| 2024-03-31 | 42239.00x |
| 2023-12-31 | 16299.83x |
| 2023-09-30 | 41538.00x |
| 2023-06-30 | 5063.14x |
| 2023-03-31 | 3919.84x |
| 2022-06-30 | 6769.00x |
| 2021-12-31 | 78.89x |
| 2021-09-30 | 61.16x |
| 2021-06-30 | 65.86x |
| 2021-03-31 | 105.41x |
| 2020-12-31 | 112.48x |
| 2020-09-30 | 55.60x |
| 2020-06-30 | 45.02x |
| 2020-03-31 | 52.26x |
| 2019-12-31 | 27.85x |
| 2019-09-30 | 20.78x |
| 2019-06-30 | 17.54x |
| 2019-03-31 | 28.01x |
| 2018-12-31 | 139.39x |
| 2018-09-30 | 52.72x |
| 2018-06-30 | 1026.11x |
| 2018-03-31 | 260.38x |
| 2017-12-31 | 173.33x |
| 2017-09-30 | 105.28x |
| 2017-06-30 | 111.29x |
| 2017-03-31 | 132.12x |
| 2016-12-31 | 154.32x |
| 2016-09-30 | 17.86x |
| 2016-06-30 | 283.22x |
| 2016-03-31 | 208.79x |
| 2015-12-31 | 57.14x |
| 2015-09-30 | 156.50x |
| 2015-06-30 | 289.42x |
| 2015-03-31 | 149.30x |
| 2014-12-31 | 154.73x |
| 2014-09-30 | 79.78x |
| 2014-06-30 | 106.42x |
| 2014-03-31 | 83.05x |
| 2013-12-31 | 67.12x |
| 2013-09-30 | 70.62x |
| 2013-06-30 | 71.73x |
| 2013-03-31 | 50.34x |
| 2012-12-31 | 127.87x |
| 2012-09-30 | 202.62x |
| 2012-06-30 | 325.62x |
| 2012-03-31 | 116.93x |
| 2011-12-31 | 56.31x |
| 2011-09-30 | 121.54x |
| 2011-06-30 | 781.45x |
| 2011-03-31 | 179.58x |
| 2010-12-31 | 54.50x |
| 2010-09-30 | 125.78x |
| 2010-06-30 | 126.62x |
| 2010-03-31 | 56.97x |
| 2009-12-31 | 71.46x |
| 2009-09-30 | 24.25x |
| 2009-06-30 | 23.71x |
| 2009-03-31 | 18.07x |
