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 19.25x is 75% below its 2-year average of 77.96x, near the low end of its 2-year range (19.25x–160.88x).
As of the fiscal period ended Thursday, June 30, 2022. 47.26% below its 12-month average of 36.50x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2022 (2022-06-30): 19.25x.
INTEREST COVERAGE RATIO
19.25x
INTEREST COVERAGE RATIO AVG TTM
36.50x
INTEREST COVERAGE RATIO AVG 3Y
77.96x
INTEREST COVERAGE RATIO AVG 5Y
77.96x
INTEREST COVERAGE RATIO AVG 10Y
47.49x
INTEREST COVERAGE RATIO AVG 15Y
7.93x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-47.26%
CURRENT VS 3Y AVG
-75.31%
CURRENT VS 5Y AVG
-75.31%
CURRENT VS 10Y AVG
-59.46%
CURRENT VS 15Y AVG
+142.87%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.34x
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
+5561.76%
vs the sector median at left
MIND C.T.I. Ltd
Market Cap
$19.97M
Interest Coverage Ratio
19.25x
TTM Avg
36.50x
3Y Avg
77.96x
5Y Avg
77.96x
Market Cap
$19.61M
Interest Coverage Ratio
-11.31x
TTM Avg
385.14x
3Y Avg
385.14x
5Y Avg
385.14x
Market Cap
$19.57M
Interest Coverage Ratio
-7.26x
TTM Avg
0.36x
3Y Avg
0.36x
5Y Avg
0.36x
Market Cap
$19.50M
Interest Coverage Ratio
N/A
TTM Avg
60.16x
3Y Avg
60.16x
5Y Avg
60.16x
Market Cap
$20.44M
Interest Coverage Ratio
0.01x
TTM Avg
0.01x
3Y Avg
0.01x
5Y Avg
1.52x
Market Cap
$20.62M
Interest Coverage Ratio
-3.88x
TTM Avg
8.83x
3Y Avg
8.83x
5Y Avg
8.83x
Market Cap
$20.73M
Interest Coverage Ratio
-92.81x
TTM Avg
121.28x
3Y Avg
121.28x
5Y Avg
121.28x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MIND C.T.I. Ltd (MNDO) | $19.97M | 19.25x | 36.50x | 77.96x | 77.96x |
| Growhub Ltd (TGHL)vs › | $19.73M | -160.74x | N/A | N/A | N/A |
| SemiLEDs Corporation (LEDS)vs › | $19.61M | -11.31x | 385.14x | 385.14x | 385.14x |
| Simpple Ltd. (SPPL)vs › | $19.57M | -7.26x | 0.36x | 0.36x | 0.36x |
| MicroCloud Hologram Inc. (HOLO)vs › | $19.50M | N/A | 60.16x | 60.16x | 60.16x |
| Katapult Holdings, Inc. (KPLT)vs › | $20.44M | 0.01x | 0.01x | 0.01x | 1.52x |
| Vulcan Infrastructure and Power Inc. Class A (VIP)vs › | $20.62M | -3.88x | 8.83x | 8.83x | 8.83x |
| MindForge Inc (MF)vs › | $20.73M | -92.81x | 121.28x | 121.28x | 121.28x |
| Giftify, Inc. (GIFT)vs › | $21.15M | -14.80x | N/A | N/A | N/A |
| Firefly Neuroscience, Inc. (AIFF)vs › | $18.49M | -54.12x | N/A | N/A | N/A |
Interest Coverage
19.3x
Debt/Equity
0.03
Current Ratio
4.66
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 |
|---|---|
| 2022-06-30 | 19.25x |
| 2021-09-30 | 53.75x |
| 2020-03-31 | 160.88x |
| 2015-12-31 | 176.50x |
| 2015-03-31 | 5.41x |
| 2014-12-31 | 19.34x |
| 2014-09-30 | 6.32x |
| 2013-12-31 | 5.43x |
| 2013-06-30 | 64.86x |
| 2012-12-31 | 6.18x |
| 2012-06-30 | 4.44x |
| 2011-12-31 | 2.52x |
| 2011-09-30 | 13.05x |
| 2010-09-30 | 0.16x |
| 2010-06-30 | 18.95x |
| 2010-03-31 | 15.66x |
| 2009-12-31 | 0.07x |
| 2009-06-30 | 0.04x |
| 2009-03-31 | 10.32x |
| 2008-09-30 | -0.33x |
| 2006-06-30 | 0.30x |