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. Q4 FY2014 (2014-12-31): -9581.29x.
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
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-105100.49%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$812.00M
Interest Coverage Ratio
-9581.29x
TTM Avg
N/A
3Y Avg
-4871.60x
5Y Avg
-6701.00x
Market Cap
$1.03B
Interest Coverage Ratio
51.25x
TTM Avg
44.67x
3Y Avg
59.46x
5Y Avg
59.46x
Market Cap
$2.07B
Interest Coverage Ratio
4.80x
TTM Avg
4.70x
3Y Avg
4.79x
5Y Avg
5.05x
Market Cap
$2.68B
Interest Coverage Ratio
30.16x
TTM Avg
26.32x
3Y Avg
25.12x
5Y Avg
28.20x
Market Cap
$2.74B
Interest Coverage Ratio
2.09x
TTM Avg
5.73x
3Y Avg
12.93x
5Y Avg
16.50x
Market Cap
$3.14B
Interest Coverage Ratio
N/A
TTM Avg
200.68x
3Y Avg
164.44x
5Y Avg
140.10x
Market Cap
$3.90B
Interest Coverage Ratio
9.25x
TTM Avg
6.79x
3Y Avg
5.65x
5Y Avg
9.10x
Market Cap
$4.43B
Interest Coverage Ratio
2.15x
TTM Avg
2.99x
3Y Avg
2.64x
5Y Avg
2.54x
Market Cap
$6.37B
Interest Coverage Ratio
2.87x
TTM Avg
5.28x
3Y Avg
10.98x
5Y Avg
11.08x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $812.00M | -9581.29x | N/A | -4871.60x | -6701.00x |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.03B | 51.25x | 44.67x | 59.46x | 59.46x |
| Minerals Technologies Inc. (MTX)vs › | $2.07B | 4.80x | 4.70x | 4.79x | 5.05x |
| WD-40 Company (WDFC)vs › | $2.68B | 30.16x | 26.32x | 25.12x | 28.20x |
| Endeavour Silver Corp. (EXK)vs › | $2.74B | 2.09x | 5.73x | 12.93x | 16.50x |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.14B | N/A | 200.68x | 164.44x | 140.10x |
| Aris Mining Corporation (ARIS)vs › | $3.90B | 9.25x | 6.79x | 5.65x | 9.10x |
| Griffon Corporation (GFF)vs › | $4.43B | 2.15x | 2.99x | 2.64x | 2.54x |
| Builders FirstSource, Inc. (BLDR)vs › | $6.37B | 2.87x | 5.28x | 10.98x | 11.08x |
| Arcosa, Inc. (ACA)vs › | $7.19B | 3.13x | 2.96x | 5.92x | 7.10x |
Interest Coverage
-9581.3x
Debt/Equity
0.02
Current Ratio
62.84
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 |
