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 in line with its 5-year average of 876.95x, 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. Q3 FY2023 (2023-09-30): 808.65x.
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
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+11645.06%
vs the sector median at left
Medpace Holdings, Inc.
Market Cap
$17.21B
Interest Coverage Ratio
808.65x
TTM Avg
221.54x
3Y Avg
1223.52x
5Y Avg
876.95x
Market Cap
$16.26B
Interest Coverage Ratio
3.87x
TTM Avg
4.06x
3Y Avg
4.92x
5Y Avg
8.88x
Market Cap
$18.72B
Interest Coverage Ratio
4.65x
TTM Avg
5.28x
3Y Avg
5.28x
5Y Avg
4.27x
Market Cap
$15.38B
Interest Coverage Ratio
6.29x
TTM Avg
4.55x
3Y Avg
4.55x
5Y Avg
4.55x
Market Cap
$19.82B
Interest Coverage Ratio
-5.65x
TTM Avg
0.68x
3Y Avg
1.36x
5Y Avg
1.37x
Market Cap
$14.27B
Interest Coverage Ratio
N/A
TTM Avg
19.12x
3Y Avg
19.12x
5Y Avg
19.12x
Market Cap
$20.46B
Interest Coverage Ratio
18.15x
TTM Avg
14.10x
3Y Avg
10.28x
5Y Avg
10.20x
Market Cap
$21.16B
Interest Coverage Ratio
77.81x
TTM Avg
54.95x
3Y Avg
40.03x
5Y Avg
35.88x
Market Cap
$13.17B
Interest Coverage Ratio
4.74x
TTM Avg
3.27x
3Y Avg
5.51x
5Y Avg
5.84x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medpace Holdings, Inc. (MEDP) | $17.21B | 808.65x | 221.54x | 1223.52x | 876.95x |
| Revvity, Inc. (RVTY)vs › | $16.26B | 3.87x | 4.06x | 4.92x | 8.88x |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.72B | 4.65x | 5.28x | 5.28x | 4.27x |
| Solventum Corporation (SOLV)vs › | $15.38B | 6.29x | 4.55x | 4.55x | 4.55x |
| Viatris Inc. (VTRS)vs › | $19.82B | -5.65x | 0.68x | 1.36x | 1.37x |
| Exelixis, Inc. (EXEL)vs › | $14.27B | N/A | 19.12x | 19.12x | 19.12x |
| STERIS plc (STE)vs › | $20.46B | 18.15x | 14.10x | 10.28x | 10.20x |
| United Therapeutics Corporation (UTHR)vs › | $21.16B | 77.81x | 54.95x | 40.03x | 35.88x |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.17B | 4.74x | 3.27x | 5.51x | 5.84x |
| Penumbra, Inc. (PEN)vs › | $12.54B | 144.35x | 102.58x | 62.73x | 62.73x |
Interest Coverage
808.6x
Debt/Equity
0.28
Current Ratio
0.73
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 |
