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. Q4 FY2023 (2023-12-31): -3.17x.
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
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-140.77%
vs the sector median at left
monday.com Ltd.
Market Cap
$3.60B
Interest Coverage Ratio
-3.17x
TTM Avg
N/A
3Y Avg
-127.08x
5Y Avg
N/A
Market Cap
$3.55B
Interest Coverage Ratio
-17.48x
TTM Avg
36.13x
3Y Avg
31.43x
5Y Avg
31.43x
Market Cap
$3.36B
Interest Coverage Ratio
22.24x
TTM Avg
30.41x
3Y Avg
37.16x
5Y Avg
31.02x
Market Cap
$3.96B
Interest Coverage Ratio
13.99x
TTM Avg
15.58x
3Y Avg
15.53x
5Y Avg
15.53x
Market Cap
$4.12B
Interest Coverage Ratio
0.46x
TTM Avg
13.19x
3Y Avg
13.19x
5Y Avg
13.19x
Market Cap
$3.03B
Interest Coverage Ratio
-1.86x
TTM Avg
51.25x
3Y Avg
51.25x
5Y Avg
51.25x
Market Cap
$4.17B
Interest Coverage Ratio
10.61x
TTM Avg
6.72x
3Y Avg
184.53x
5Y Avg
225.68x
Market Cap
$2.93B
Interest Coverage Ratio
7.30x
TTM Avg
11.54x
3Y Avg
18.30x
5Y Avg
14.33x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| monday.com Ltd. (MNDY) | $3.60B | -3.17x | N/A | -127.08x | N/A |
| AXT, Inc. (AXTI)vs › | $3.55B | -17.48x | 36.13x | 31.43x | 31.43x |
| Clear Secure, Inc. (YOU)vs › | $3.83B | N/A | N/A | N/A | N/A |
| Axcelis Technologies, Inc. (ACLS)vs › | $3.36B | 22.24x | 30.41x | 37.16x | 31.02x |
| Itron, Inc. (ITRI)vs › | $3.96B | 13.99x | 15.58x | 15.53x | 15.53x |
| Wix.com Ltd. (WIX)vs › | $4.12B | 0.46x | 13.19x | 13.19x | 13.19x |
| Bitdeer Technologies Group (BTDR)vs › | $3.03B | -1.86x | 51.25x | 51.25x | 51.25x |
| Dlocal Limited (DLO)vs › | $4.17B | 10.61x | 6.72x | 184.53x | 225.68x |
| Bel Fuse Inc. (BELFB)vs › | $2.93B | 7.30x | 11.54x | 18.30x | 14.33x |
| Ambarella, Inc. (AMBA)vs › | $2.90B | N/A | N/A | N/A | N/A |
Interest Coverage
-3.2x
Debt/Equity
0.38
Current Ratio
1.46
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 |
