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 808.65x is 30% below its 5-year average of 1162.99x, near the low end of its 5-year range (13.87x–6025.60x).
As of the fiscal period ended Saturday, September 30, 2023. 265.01% above its 12-month average of 221.54x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
808.65x
INTEREST COVERAGE RATIO AVG TTM
221.54x
INTEREST COVERAGE RATIO AVG 3Y
1223.52x
INTEREST COVERAGE RATIO AVG 5Y
876.95x
INTEREST COVERAGE RATIO AVG 10Y
28.14x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+265.01%
CURRENT VS 3Y AVG
-33.91%
CURRENT VS 5Y AVG
-7.79%
CURRENT VS 10Y AVG
+2773.97%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 73 covered companies
CURRENT VS SECTOR MEDIAN
+11844.57%
vs the sector median at left
Medpace Holdings, Inc.
Market Cap
$16.11B
Interest Coverage Ratio
808.65x
TTM Avg
221.54x
3Y Avg
1223.52x
5Y Avg
876.95x
Market Cap
$15.41B
Interest Coverage Ratio
3.66x
TTM Avg
4.05x
3Y Avg
3.97x
5Y Avg
4.62x
Market Cap
$16.97B
Interest Coverage Ratio
16.73x
TTM Avg
11.98x
3Y Avg
11.81x
5Y Avg
13.87x
Market Cap
$14.80B
Interest Coverage Ratio
6.29x
TTM Avg
4.55x
3Y Avg
4.55x
5Y Avg
4.55x
Market Cap
$14.10B
Interest Coverage Ratio
6.83x
TTM Avg
6.50x
3Y Avg
6.73x
5Y Avg
9.55x
Market Cap
$18.17B
Interest Coverage Ratio
4.65x
TTM Avg
5.28x
3Y Avg
5.28x
5Y Avg
4.27x
Market Cap
$13.51B
Interest Coverage Ratio
-1.06x
TTM Avg
0.71x
3Y Avg
2.65x
5Y Avg
6.89x
Market Cap
$12.55B
Interest Coverage Ratio
3.87x
TTM Avg
4.06x
3Y Avg
4.92x
5Y Avg
8.88x
Market Cap
$12.11B
Interest Coverage Ratio
N/A
TTM Avg
67.41x
3Y Avg
66.08x
5Y Avg
407.22x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medpace Holdings, Inc. (MEDP) | $16.11B | 808.65x | 221.54x | 1223.52x | 876.95x |
| DaVita Inc. (DVA)vs › | $15.41B | 3.66x | 4.05x | 3.97x | 4.62x |
| Hologic, Inc. (HOLX)vs › | $16.97B | 16.73x | 11.98x | 11.81x | 13.87x |
| Solventum Corporation (SOLV)vs › | $14.80B | 6.29x | 4.55x | 4.55x | 4.55x |
| The Cooper Companies, Inc. (COO)vs › | $14.10B | 6.83x | 6.50x | 6.73x | 9.55x |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.17B | 4.65x | 5.28x | 5.28x | 4.27x |
| Baxter International Inc. (BAX)vs › | $13.51B | -1.06x | 0.71x | 2.65x | 6.89x |
| Revvity, Inc. (RVTY)vs › | $12.55B | 3.87x | 4.06x | 4.92x | 8.88x |
| Align Technology, Inc. (ALGN)vs › | $12.11B | N/A | 67.41x | 66.08x | 407.22x |
| Viatris Inc. (VTRS)vs › | $20.45B | -5.65x | 0.68x | 1.36x | 1.37x |
Interest Coverage
808.6x
Debt/Equity
0.55
Current Ratio
0.74
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 |
|---|---|
| 2023-09-30 | 808.65x |
| 2023-06-30 | 57.39x |
| 2023-03-31 | 100.12x |
| 2022-12-31 | 92.42x |
| 2022-09-30 | 49.13x |
| 2022-06-30 | 109.92x |
| 2021-12-31 | 2385.00x |
| 2021-09-30 | 1310.07x |
| 2021-06-30 | 1572.15x |
| 2021-03-31 | 3399.93x |
| 2020-12-31 | 1896.14x |
| 2020-09-30 | 2901.38x |
| 2020-06-30 | 6025.60x |
| 2019-09-30 | 118.54x |
| 2019-06-30 | 47.14x |
| 2019-03-31 | 27.12x |
| 2018-12-31 | 19.18x |
| 2018-09-30 | 13.87x |
| 2018-06-30 | 10.11x |
| 2018-03-31 | 8.71x |
| 2017-12-31 | 7.53x |
| 2017-09-30 | 9.02x |
| 2017-06-30 | 9.00x |
| 2017-03-31 | 8.89x |
| 2016-12-31 | 4.55x |
| 2016-09-30 | 2.71x |
| 2016-06-30 | 2.38x |
| 2016-03-31 | 2.15x |
| 2015-12-31 | -0.14x |
| 2015-09-30 | 1.07x |
| 2015-06-30 | 1.14x |
| 2015-03-31 | 0.90x |
| 2014-03-31 | 0.56x |
