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 21.63x is 78% above its 5-year average of 12.18x, near the high end of its 5-year range (0.43x–23.39x).
23.72% above its 12-month average of 17.48x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 11.02x.
INTEREST COVERAGE RATIO
21.63x
INTEREST COVERAGE RATIO AVG TTM
17.48x
INTEREST COVERAGE RATIO AVG 3Y
15.79x
INTEREST COVERAGE RATIO AVG 5Y
12.18x
INTEREST COVERAGE RATIO AVG 10Y
6.82x
INTEREST COVERAGE RATIO AVG 15Y
8.23x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+23.72%
CURRENT VS 3Y AVG
+36.98%
CURRENT VS 5Y AVG
+77.56%
CURRENT VS 10Y AVG
+217.08%
CURRENT VS 15Y AVG
+162.80%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
6.67x
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
+224.29%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$92.69B
Interest Coverage Ratio
21.63x
TTM Avg
17.48x
3Y Avg
15.79x
5Y Avg
12.18x
Market Cap
$91.48B
Interest Coverage Ratio
8.57x
TTM Avg
16.34x
3Y Avg
17.47x
5Y Avg
12.43x
Market Cap
$87.87B
Interest Coverage Ratio
5.12x
TTM Avg
5.27x
3Y Avg
6.49x
5Y Avg
5.06x
Market Cap
$100.81B
Interest Coverage Ratio
N/A
TTM Avg
46.69x
3Y Avg
31.45x
5Y Avg
23.77x
Market Cap
$76.40B
Interest Coverage Ratio
4.00x
TTM Avg
9.55x
3Y Avg
9.94x
5Y Avg
9.27x
Market Cap
$110.39B
Interest Coverage Ratio
6.65x
TTM Avg
6.88x
3Y Avg
7.64x
5Y Avg
9.28x
Market Cap
$111.69B
Interest Coverage Ratio
6.60x
TTM Avg
8.11x
3Y Avg
9.11x
5Y Avg
8.40x
Market Cap
$111.72B
Interest Coverage Ratio
N/A
TTM Avg
961.51x
3Y Avg
642.87x
5Y Avg
642.87x
Market Cap
$73.47B
Interest Coverage Ratio
3.72x
TTM Avg
2.63x
3Y Avg
2.63x
5Y Avg
2.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $92.69B | 21.63x | 17.48x | 15.79x | 12.18x |
| BYD Company Limited (BYDDY)vs › | $91.48B | 8.57x | 16.34x | 17.47x | 12.43x |
| Marriott International, Inc. (MAR)vs › | $87.87B | 5.12x | 5.27x | 6.49x | 5.06x |
| Airbnb, Inc. (ABNB)vs › | $100.81B | N/A | 46.69x | 31.45x | 23.77x |
| General Motors Company (GM)vs › | $76.40B | 4.00x | 9.55x | 9.94x | 9.27x |
| Lowe's Companies, Inc. (LOW)vs › | $110.39B | 6.65x | 6.88x | 7.64x | 9.28x |
| Starbucks Corporation (SBUX)vs › | $111.69B | 6.60x | 8.11x | 9.11x | 8.40x |
| PDD Holdings Inc. (PDD)vs › | $111.72B | N/A | 961.51x | 642.87x | 642.87x |
| Carvana Co. (CVNA)vs › | $73.47B | 3.72x | 2.63x | 2.63x | 2.63x |
| Ferrari N.V. (RACE)vs › | $72.78B | 50.94x | 45.68x | 39.86x | 33.66x |
Interest Coverage
21.6x
Debt/Equity
1.68
Current Ratio
1.12
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 | 11.02x |
| 2026-03-31 | 9.40x |
| 2025-12-31 | 23.39x |
| 2025-09-30 | 20.69x |
| 2025-06-30 | 22.92x |
| 2025-03-31 | 19.56x |
| 2024-12-31 | 17.08x |
| 2024-09-30 | 13.93x |
| 2024-06-30 | 18.62x |
| 2024-03-31 | 13.89x |
| 2023-12-31 | 6.32x |
| 2023-09-30 | 14.81x |
| 2023-06-30 | 13.65x |
| 2023-03-31 | 12.29x |
| 2022-12-31 | 3.49x |
| 2022-09-30 | 3.22x |
| 2022-06-30 | 3.42x |
| 2022-03-31 | 19.86x |
| 2021-12-31 | 0.43x |
| 2021-09-30 | 3.60x |
| 2021-06-30 | 4.22x |
| 2021-03-31 | 1.00x |
| 2020-12-31 | -0.79x |
| 2020-09-30 | 3.39x |
| 2020-06-30 | 3.69x |
| 2020-03-31 | -1.26x |
| 2019-12-31 | -3.25x |
| 2019-09-30 | -5.67x |
| 2019-06-30 | -0.85x |
| 2019-03-31 | 0.65x |
| 2018-12-31 | -0.05x |
| 2018-09-30 | -0.69x |
| 2018-06-30 | -2.14x |
| 2018-03-31 | -2.74x |
| 2017-12-31 | -9.53x |
| 2017-09-30 | 4.11x |
| 2017-06-30 | 4.61x |
| 2017-03-31 | 10.76x |
| 2016-12-31 | 9.51x |
| 2016-09-30 | 8.27x |
| 2016-06-30 | 4.85x |
| 2016-03-31 | 5.36x |
| 2015-12-31 | 7.97x |
| 2015-09-30 | 7.53x |
| 2015-06-30 | 6.66x |
| 2015-03-31 | 5.17x |
| 2014-12-31 | 9.16x |
| 2014-09-30 | 9.60x |
| 2014-06-30 | -7.60x |
| 2014-03-31 | 33.10x |
| 2013-12-31 | 53.38x |
| 2013-09-30 | 76.72x |
| 2013-06-30 | 66.68x |
| 2013-03-31 | 79.29x |
| 2012-12-31 | 142.86x |
| 2012-09-30 | 107.76x |
| 2012-06-30 | 67.23x |
| 2012-03-31 | 322.45x |
| 2011-12-31 | 26.67x |
| 2011-09-30 | 28.46x |
| 2011-06-30 | 24.47x |
| 2011-03-31 | 30.67x |
| 2010-12-31 | 30.73x |
| 2010-09-30 | 34.00x |
| 2010-06-30 | 5.61x |
| 2010-03-31 | 5.18x |
| 2009-12-31 | 4.91x |
| 2009-09-30 | 4.90x |
| 2009-06-30 | 3.72x |
| 2009-03-31 | 2.70x |