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 -3.17x is 97% above its 4-year average of -117.72x, near the high end of its 4-year range (-303.92x–-3.17x).
As of the fiscal period ended Sunday, December 31, 2023.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-3.17x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-127.08x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+97.50%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.52x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
-142.21%
vs the sector median at left
monday.com Ltd.
Market Cap
$4.60B
Interest Coverage Ratio
-3.17x
TTM Avg
N/A
3Y Avg
-127.08x
5Y Avg
N/A
Market Cap
$4.55B
Interest Coverage Ratio
13.99x
TTM Avg
15.58x
3Y Avg
15.53x
5Y Avg
15.53x
Market Cap
$4.43B
Interest Coverage Ratio
7.78x
TTM Avg
10.45x
3Y Avg
10.41x
5Y Avg
10.41x
Market Cap
$4.83B
Interest Coverage Ratio
-4.34x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.69B
Interest Coverage Ratio
-17.48x
TTM Avg
36.13x
3Y Avg
31.43x
5Y Avg
31.43x
Market Cap
$5.79B
Interest Coverage Ratio
N/A
TTM Avg
314.02x
3Y Avg
314.02x
5Y Avg
314.02x
Market Cap
$3.25B
Interest Coverage Ratio
3.91x
TTM Avg
4.98x
3Y Avg
5.29x
5Y Avg
4.01x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| monday.com Ltd. (MNDY) | $4.60B | -3.17x | N/A | -127.08x | N/A |
| Itron, Inc. (ITRI)vs › | $4.55B | 13.99x | 15.58x | 15.53x | 15.53x |
| Box, Inc. (BOX)vs › | $4.43B | 7.78x | 10.45x | 10.41x | 10.41x |
| Bill.com Holdings, Inc. (BILL)vs › | $4.83B | -4.34x | N/A | N/A | N/A |
| AXT, Inc. (AXTI)vs › | $3.69B | -17.48x | 36.13x | 31.43x | 31.43x |
| Ambarella, Inc. (AMBA)vs › | $3.55B | N/A | N/A | N/A | N/A |
| Klaviyo, Inc. (KVYO)vs › | $5.72B | N/A | N/A | N/A | N/A |
| EPAM Systems, Inc. (EPAM)vs › | $5.79B | N/A | 314.02x | 314.02x | 314.02x |
| Veeco Instruments Inc. (VECO)vs › | $3.25B | 3.91x | 4.98x | 5.29x | 4.01x |
| Genpact Limited (G)vs › | $5.95B | 10.34x | 9.59x | 9.33x | 8.97x |
Interest Coverage
-3.2x
Debt/Equity
0.23
Current Ratio
1.72
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 |
|---|---|
| 2023-12-31 | -3.17x |
| 2021-09-30 | -132.78x |
| 2021-06-30 | -76.52x |
| 2021-03-31 | -119.02x |
| 2020-12-31 | -303.92x |
| 2020-03-31 | -70.93x |
