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 -9581.29x is 43% below its 5-year average of -6701.00x, around the middle of its 5-year range (-15313.73x–-5.33x).
As of the fiscal period ended Wednesday, December 31, 2014.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-9581.29x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-4871.60x
INTEREST COVERAGE RATIO AVG 5Y
-6701.00x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-96.68%
CURRENT VS 5Y AVG
-42.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
9.50x
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-100955.73%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$1.25B
Interest Coverage Ratio
-9581.29x
TTM Avg
N/A
3Y Avg
-4871.60x
5Y Avg
-6701.00x
Market Cap
$4.92B
Interest Coverage Ratio
2.15x
TTM Avg
2.99x
3Y Avg
2.64x
5Y Avg
2.54x
Market Cap
$7.33B
Interest Coverage Ratio
4.82x
TTM Avg
3.76x
3Y Avg
10.74x
5Y Avg
9.60x
Market Cap
$8.04B
Interest Coverage Ratio
2.87x
TTM Avg
5.28x
3Y Avg
10.98x
5Y Avg
11.08x
Market Cap
$9.07B
Interest Coverage Ratio
23.64x
TTM Avg
23.64x
3Y Avg
23.64x
5Y Avg
9.96x
Market Cap
$9.10B
Interest Coverage Ratio
-3.90x
TTM Avg
37.58x
3Y Avg
37.58x
5Y Avg
37.58x
Market Cap
$9.68B
Interest Coverage Ratio
26.14x
TTM Avg
15.62x
3Y Avg
32.20x
5Y Avg
32.20x
Market Cap
$12.42B
Interest Coverage Ratio
10.00x
TTM Avg
18.21x
3Y Avg
17.86x
5Y Avg
14.55x
Market Cap
$13.24B
Interest Coverage Ratio
4.80x
TTM Avg
6.13x
3Y Avg
9.43x
5Y Avg
8.81x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $1.25B | -9581.29x | N/A | -4871.60x | -6701.00x |
| Griffon Corporation (GFF)vs › | $4.92B | 2.15x | 2.99x | 2.64x | 2.54x |
| The Mosaic Company (MOS)vs › | $7.33B | 4.82x | 3.76x | 10.74x | 9.60x |
| Builders FirstSource, Inc. (BLDR)vs › | $8.04B | 2.87x | 5.28x | 10.98x | 11.08x |
| First Majestic Silver Corp. (AG)vs › | $9.07B | 23.64x | 23.64x | 23.64x | 9.96x |
| MP Materials Corp. (MP)vs › | $9.10B | -3.90x | 37.58x | 37.58x | 37.58x |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.68B | 26.14x | 15.62x | 32.20x | 32.20x |
| United States Steel Corporation (X)vs › | $12.42B | 10.00x | 18.21x | 17.86x | 14.55x |
| Alcoa Corporation (AA)vs › | $13.24B | 4.80x | 6.13x | 9.43x | 8.81x |
| RPM International Inc. (RPM)vs › | $14.99B | 8.28x | 8.84x | 7.93x | 8.01x |
Interest Coverage
-9581.3x
Debt/Equity
0.03
Current Ratio
33.99
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 |
|---|---|
| 2014-12-31 | -9581.29x |
| 2012-12-31 | -161.90x |
| 2011-09-30 | -6369.46x |
| 2011-06-30 | -5.33x |
| 2011-03-31 | -14470.47x |
| 2010-12-31 | -6736.28x |
| 2010-09-30 | -5319.89x |
| 2010-06-30 | -4682.28x |
| 2010-03-31 | -15313.73x |
| 2009-12-31 | -4369.39x |
| 2009-09-30 | -1912.58x |
| 2009-06-30 | -1152.42x |
| 2009-03-31 | -1828.46x |
| 2008-12-31 | -995.74x |
| 2008-09-30 | -1442.67x |
| 2008-06-30 | -2162.49x |
| 2008-03-31 | -1203.80x |
| 2007-12-31 | -1282.66x |
| 2007-09-30 | -540.21x |
| 2007-06-30 | -877.58x |
