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 2.21x is 72% below its 5-year average of 7.87x, near the low end of its 5-year range (-1.48x–19.13x).
30.72% below its 12-month average of 3.19x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.21x
INTEREST COVERAGE RATIO AVG TTM
3.19x
INTEREST COVERAGE RATIO AVG 3Y
3.32x
INTEREST COVERAGE RATIO AVG 5Y
7.87x
INTEREST COVERAGE RATIO AVG 10Y
3.26x
INTEREST COVERAGE RATIO AVG 15Y
5.87x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-30.72%
CURRENT VS 3Y AVG
-33.47%
CURRENT VS 5Y AVG
-71.91%
CURRENT VS 10Y AVG
-32.23%
CURRENT VS 15Y AVG
-62.36%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-71.59%
vs the sector median at left
Microchip Technology Incorporated
Market Cap
$39.85B
Interest Coverage Ratio
2.21x
TTM Avg
3.19x
3Y Avg
3.32x
5Y Avg
7.87x
Market Cap
$39.88B
Interest Coverage Ratio
-0.67x
TTM Avg
39.37x
3Y Avg
46.38x
5Y Avg
32.64x
Market Cap
$39.93B
Interest Coverage Ratio
6.88x
TTM Avg
7.29x
3Y Avg
8.28x
5Y Avg
7.44x
Market Cap
$37.94B
Interest Coverage Ratio
20.35x
TTM Avg
15.93x
3Y Avg
10.44x
5Y Avg
8.41x
Market Cap
$37.11B
Interest Coverage Ratio
20.93x
TTM Avg
20.91x
3Y Avg
18.99x
5Y Avg
17.63x
Market Cap
$43.02B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.13B
Interest Coverage Ratio
500.82x
TTM Avg
264.06x
3Y Avg
136.03x
5Y Avg
103.30x
Market Cap
$44.81B
Interest Coverage Ratio
N/A
TTM Avg
11.02x
3Y Avg
10.06x
5Y Avg
10.06x
Market Cap
$45.16B
Interest Coverage Ratio
-0.63x
TTM Avg
1145.05x
3Y Avg
1145.05x
5Y Avg
1145.05x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $39.85B | 2.21x | 3.19x | 3.32x | 7.87x |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $39.88B | -0.67x | 39.37x | 46.38x | 32.64x |
| Roper Technologies, Inc. (ROP)vs › | $39.93B | 6.88x | 7.29x | 8.28x | 7.44x |
| Celestica Inc. (CLS)vs › | $37.94B | 20.35x | 15.93x | 10.44x | 8.41x |
| NetApp, Inc. (NTAP)vs › | $37.11B | 20.93x | 20.91x | 18.99x | 17.63x |
| Veeva Systems Inc. (VEEV)vs › | $43.02B | N/A | N/A | N/A | N/A |
| Ubiquiti Inc. (UI)vs › | $35.13B | 500.82x | 264.06x | 136.03x | 103.30x |
| Autodesk, Inc. (ADSK)vs › | $44.81B | N/A | 11.02x | 10.06x | 10.06x |
| Strategy Inc (MSTR)vs › | $45.16B | -0.63x | 1145.05x | 1145.05x | 1145.05x |
| Twilio Inc. (TWLO)vs › | $34.28B | N/A | N/A | N/A | N/A |
Interest Coverage
2.2x
Debt/Equity
0.84
Current Ratio
1.92
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 | 6.90x |
| 2026-03-31 | 4.08x |
| 2025-12-31 | 2.71x |
| 2025-09-30 | 1.69x |
| 2025-06-30 | 0.56x |
| 2025-03-31 | -1.48x |
| 2024-12-31 | 0.46x |
| 2024-09-30 | 2.58x |
| 2024-06-30 | 3.66x |
| 2024-03-31 | 4.60x |
| 2023-12-31 | 10.76x |
| 2023-09-30 | 18.91x |
| 2023-06-30 | 19.13x |
| 2023-03-31 | 17.85x |
| 2022-12-31 | 15.37x |
| 2022-09-30 | 14.17x |
| 2022-06-30 | 13.94x |
| 2022-03-31 | 9.51x |
| 2021-12-31 | 8.29x |
| 2021-09-30 | 6.42x |
| 2021-06-30 | 5.10x |
| 2021-03-31 | 3.95x |
| 2020-12-31 | 2.84x |
| 2020-09-30 | 2.42x |
| 2020-06-30 | 2.20x |
| 2020-03-31 | 1.39x |
| 2019-12-31 | 1.10x |
| 2019-09-30 | 1.42x |
| 2019-06-30 | 1.29x |
| 2019-03-31 | 2.09x |
| 2018-12-31 | 1.41x |
| 2018-09-30 | 0.74x |
| 2018-06-30 | 1.46x |
| 2018-03-31 | 4.85x |
| 2017-12-31 | 4.93x |
| 2017-09-30 | 4.56x |
| 2017-06-30 | 4.48x |
| 2017-03-31 | 3.70x |
| 2016-12-31 | 3.36x |
| 2016-09-30 | 1.79x |
| 2016-06-30 | -1.72x |
| 2016-03-31 | 2.98x |
| 2015-12-31 | 2.77x |
| 2015-09-30 | 2.92x |
| 2015-06-30 | 5.04x |
| 2015-03-31 | 5.49x |
| 2014-12-31 | 6.89x |
| 2014-09-30 | 7.23x |
| 2014-06-30 | 8.48x |
| 2014-03-31 | 10.54x |
| 2013-12-31 | 9.32x |
| 2013-09-30 | 9.51x |
| 2013-06-30 | 8.30x |
| 2013-03-31 | 5.71x |
| 2012-12-31 | 1.57x |
| 2012-09-30 | 0.75x |
| 2012-06-30 | 10.53x |
| 2012-03-31 | 11.25x |
| 2011-12-31 | 9.80x |
| 2011-09-30 | 10.95x |
| 2011-06-30 | 14.58x |
| 2011-03-31 | 15.42x |
| 2010-12-31 | 15.31x |
| 2010-09-30 | 15.31x |
| 2010-06-30 | 14.11x |
| 2010-03-31 | 11.29x |
| 2009-12-31 | 9.35x |
| 2009-09-30 | 6.57x |
| 2009-06-30 | 4.15x |
| 2008-12-31 | 5.70x |
| 2008-09-30 | 12.69x |