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 -1.59x is 238% below its 5-year average of 1.16x, near the low end of its 5-year range (-5.42x–7.64x).
8.69% below its 12-month average of -1.46x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -1.91x.
INTEREST COVERAGE RATIO
-1.59x
INTEREST COVERAGE RATIO AVG TTM
-1.46x
INTEREST COVERAGE RATIO AVG 3Y
-1.10x
INTEREST COVERAGE RATIO AVG 5Y
1.16x
INTEREST COVERAGE RATIO AVG 10Y
2.00x
INTEREST COVERAGE RATIO AVG 15Y
1.74x
INTEREST COVERAGE RATIO AVG 20Y
1.71x
CURRENT VS TTM AVG
-8.69%
CURRENT VS 3Y AVG
-45.04%
CURRENT VS 5Y AVG
-237.64%
CURRENT VS 10Y AVG
-179.62%
CURRENT VS 15Y AVG
-191.55%
CURRENT VS 20Y AVG
-193.04%
SECTOR MEDIAN · BASIC MATERIALS
3.30x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
-148.18%
vs the sector median at left
Mercer International Inc.
Market Cap
$16.59M
Interest Coverage Ratio
-1.59x
TTM Avg
-1.46x
3Y Avg
-1.10x
5Y Avg
1.16x
Market Cap
$18.52M
Interest Coverage Ratio
-3.09x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.55M
Interest Coverage Ratio
-5.95x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.57M
Interest Coverage Ratio
0.00x
TTM Avg
0.00x
3Y Avg
1.32x
5Y Avg
1.60x
Market Cap
$11.09M
Interest Coverage Ratio
-6.88x
TTM Avg
17.71x
3Y Avg
18.96x
5Y Avg
27.08x
Market Cap
$10.31M
Interest Coverage Ratio
N/A
TTM Avg
6.51x
3Y Avg
85.70x
5Y Avg
85.70x
Market Cap
$9.82M
Interest Coverage Ratio
-19.62x
TTM Avg
0.13x
3Y Avg
0.86x
5Y Avg
4.39x
Market Cap
$9.82M
Interest Coverage Ratio
-7.56x
TTM Avg
7.63x
3Y Avg
6.78x
5Y Avg
6.22x
Market Cap
$9.58M
Interest Coverage Ratio
N/A
TTM Avg
5.06x
3Y Avg
3.36x
5Y Avg
3.55x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercer International Inc. (MERC) | $16.59M | -1.59x | -1.46x | -1.10x | 1.16x |
| Greenland Mines Ltd. (GRML)vs › | $18.52M | -3.09x | N/A | N/A | N/A |
| Loop Industries, Inc. (LOOP)vs › | $20.55M | -5.95x | N/A | N/A | N/A |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.57M | 0.00x | 0.00x | 1.32x | 1.60x |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.09M | -6.88x | 17.71x | 18.96x | 27.08x |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.31M | N/A | 6.51x | 85.70x | 85.70x |
| Origin Agritech Limited (SEED)vs › | $9.82M | -19.62x | 0.13x | 0.86x | 4.39x |
| ZK International Group Co., Ltd. (ZKIN)vs › | $9.82M | -7.56x | 7.63x | 6.78x | 6.22x |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.58M | N/A | 5.06x | 3.36x | 3.55x |
| Blue Gold Limited (BGL)vs › | $8.30M | N/A | N/A | N/A | N/A |
Interest Coverage
-1.6x
Debt/Equity
N/A
Current Ratio
1.30
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 | -1.91x |
| 2026-03-31 | 1.13x |
| 2025-12-31 | -2.11x |
| 2025-09-30 | -2.37x |
| 2025-06-30 | -2.06x |
| 2025-03-31 | 0.24x |
| 2024-12-31 | 1.78x |
| 2024-09-30 | 0.33x |
| 2024-06-30 | -1.63x |
| 2024-03-31 | -0.02x |
| 2023-12-31 | -2.07x |
| 2023-09-30 | -0.16x |
| 2023-06-30 | -5.42x |
| 2023-03-31 | -1.06x |
| 2022-12-31 | 2.52x |
| 2022-09-30 | 6.06x |
| 2022-06-30 | 6.58x |
| 2022-03-31 | 7.01x |
| 2021-12-31 | 7.64x |
| 2021-09-30 | 6.74x |
| 2021-06-30 | 3.03x |
| 2021-03-31 | 2.68x |
| 2020-12-31 | 0.75x |
| 2020-09-30 | 0.69x |
| 2020-06-30 | 0.51x |
| 2020-03-31 | 1.20x |
| 2019-12-31 | -3.20x |
| 2019-09-30 | 1.03x |
| 2019-06-30 | 2.06x |
| 2019-03-31 | 5.04x |
| 2018-12-31 | 5.87x |
| 2018-09-30 | 5.40x |
| 2018-06-30 | 3.09x |
| 2018-03-31 | 6.28x |
| 2017-12-31 | 4.71x |
| 2017-09-30 | 3.06x |
| 2017-06-30 | 1.39x |
| 2017-03-31 | 2.95x |
| 2016-12-31 | 3.04x |
| 2016-09-30 | 2.33x |
| 2016-06-30 | 1.32x |
| 2016-03-31 | 2.13x |
| 2015-12-31 | 3.33x |
| 2015-09-30 | 3.32x |
| 2015-06-30 | 2.49x |
| 2015-03-31 | 3.16x |
| 2014-12-31 | 3.39x |
| 2014-09-30 | 2.76x |
| 2014-06-30 | 1.28x |
| 2014-03-31 | 2.25x |
| 2013-12-31 | 0.52x |
| 2013-09-30 | 0.77x |
| 2013-06-30 | -0.06x |
| 2013-03-31 | 0.73x |
| 2012-09-30 | 0.47x |
| 2012-06-30 | 1.32x |
| 2012-03-31 | 1.15x |
| 2011-12-31 | -0.19x |
| 2011-09-30 | 2.50x |
| 2011-06-30 | 2.43x |
| 2011-03-31 | 2.30x |
| 2010-12-31 | 3.12x |
| 2010-09-30 | 2.89x |
| 2010-06-30 | 2.83x |
| 2010-03-31 | 1.10x |
| 2009-12-31 | 0.70x |
| 2009-09-30 | -0.03x |
| 2009-06-30 | -0.60x |
| 2009-03-31 | -0.75x |
| 2008-06-30 | 0.39x |
| 2008-03-31 | 1.12x |
| 2006-12-31 | 0.54x |
| 2006-03-31 | 0.61x |
| 2005-12-31 | 0.00x |
