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 11.05x is 600% above its 5-year average of -2.21x, around the middle of its 5-year range (-29.32x–44.05x).
As of the fiscal period ended Friday, March 31, 2023. 44.16% below its 12-month average of 19.79x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2023 (2023-03-31): 11.05x.
INTEREST COVERAGE RATIO
11.05x
INTEREST COVERAGE RATIO AVG TTM
19.79x
INTEREST COVERAGE RATIO AVG 3Y
8.03x
INTEREST COVERAGE RATIO AVG 5Y
-2.21x
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
-44.16%
CURRENT VS 3Y AVG
+37.54%
CURRENT VS 5Y AVG
+599.75%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.34x
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
+3149.30%
vs the sector median at left
Everspin Technologies, Inc.
Market Cap
$416.43M
Interest Coverage Ratio
11.05x
TTM Avg
19.79x
3Y Avg
8.03x
5Y Avg
-2.21x
Market Cap
$408.02M
Interest Coverage Ratio
N/A
TTM Avg
260.74x
3Y Avg
260.74x
5Y Avg
260.74x
Market Cap
$407.74M
Interest Coverage Ratio
-732.73x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$428.38M
Interest Coverage Ratio
3.69x
TTM Avg
2.77x
3Y Avg
2.52x
5Y Avg
2.25x
Market Cap
$400.67M
Interest Coverage Ratio
1.01x
TTM Avg
1.01x
3Y Avg
0.60x
5Y Avg
0.60x
Market Cap
$395.55M
Interest Coverage Ratio
-0.65x
TTM Avg
2.35x
3Y Avg
4.84x
5Y Avg
4.84x
Market Cap
$383.69M
Interest Coverage Ratio
5.19x
TTM Avg
5.19x
3Y Avg
5.60x
5Y Avg
53.26x
Market Cap
$450.15M
Interest Coverage Ratio
-123.57x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$458.51M
Interest Coverage Ratio
N/A
TTM Avg
213.12x
3Y Avg
213.12x
5Y Avg
213.12x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Everspin Technologies, Inc. (MRAM) | $416.43M | 11.05x | 19.79x | 8.03x | -2.21x |
| Allot Ltd. (ALLT)vs › | $408.02M | N/A | 260.74x | 260.74x | 260.74x |
| Arqit Quantum Inc. (ARQQ)vs › | $407.74M | -732.73x | N/A | N/A | N/A |
| Verra Mobility Corporation (VRRM)vs › | $428.38M | 3.69x | 2.77x | 2.52x | 2.25x |
| Lesaka Technologies, Inc. (LSAK)vs › | $400.67M | 1.01x | 1.01x | 0.60x | 0.60x |
| Syntec Optics Holdings, Inc. (OPTX)vs › | $395.55M | -0.65x | 2.35x | 4.84x | 4.84x |
| Rimini Street, Inc. (RMNI)vs › | $383.69M | 5.19x | 5.19x | 5.60x | 53.26x |
| OBOOK Holdings Inc. (OWLS)vs › | $450.15M | -123.57x | N/A | N/A | N/A |
| Clearfield, Inc. (CLFD)vs › | $458.51M | N/A | 213.12x | 213.12x | 213.12x |
| Simulations Plus, Inc. (SLP)vs › | $374.16M | N/A | 511.50x | 511.50x | 363.95x |
Interest Coverage
11.0x
Debt/Equity
0.04
Current Ratio
4.74
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 |
|---|---|
| 2023-03-31 | 11.05x |
| 2022-12-31 | 9.86x |
| 2022-09-30 | 26.18x |
| 2022-06-30 | 24.86x |
| 2022-03-31 | 26.99x |
| 2021-12-31 | 44.05x |
| 2021-09-30 | 6.52x |
| 2021-06-30 | 3.17x |
| 2021-03-31 | -1.87x |
| 2020-12-31 | -7.21x |
| 2020-09-30 | -23.64x |
| 2020-06-30 | -6.32x |
| 2020-03-31 | -9.20x |
| 2019-12-31 | -17.02x |
| 2019-09-30 | -21.07x |
| 2019-06-30 | -19.33x |
| 2019-03-31 | -19.77x |
| 2018-12-31 | -14.89x |
| 2018-09-30 | -24.19x |
| 2018-06-30 | -29.32x |
| 2018-03-31 | -5.26x |
| 2017-12-31 | -23.53x |
| 2017-09-30 | -29.82x |
| 2017-06-30 | -27.21x |
| 2017-03-31 | -25.54x |
| 2016-12-31 | -14.49x |
| 2016-09-30 | -1.48x |
| 2016-06-30 | -7.01x |
| 2016-03-31 | -8.62x |
| 2015-12-31 | -25.15x |
| 2015-09-30 | -18.52x |
