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 1.95x is 91% above its 3-year average of 1.02x, around the middle of its 3-year range (-13.50x–9.43x).
As of the fiscal period ended Thursday, April 30, 2026. 16.74% below its 12-month average of 2.34x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1.95x
INTEREST COVERAGE RATIO AVG TTM
2.34x
INTEREST COVERAGE RATIO AVG 3Y
3.93x
INTEREST COVERAGE RATIO AVG 5Y
1.02x
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
-16.74%
CURRENT VS 3Y AVG
-50.34%
CURRENT VS 5Y AVG
+90.60%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
5.23x
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-62.69%
vs the sector median at left
Nuveen Quality Municipal Income Fund
Market Cap
$2.75B
Interest Coverage Ratio
1.95x
TTM Avg
2.34x
3Y Avg
3.93x
5Y Avg
1.02x
Market Cap
$1.32B
Interest Coverage Ratio
-0.46x
TTM Avg
2.08x
3Y Avg
2.33x
5Y Avg
3.20x
Market Cap
$752.19M
Interest Coverage Ratio
0.41x
TTM Avg
0.41x
3Y Avg
1.04x
5Y Avg
2.23x
Market Cap
$702.16M
Interest Coverage Ratio
5.20x
TTM Avg
4.53x
3Y Avg
3.88x
5Y Avg
12.12x
Market Cap
$678.00M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$630.67M
Interest Coverage Ratio
6.31x
TTM Avg
4.81x
3Y Avg
5.14x
5Y Avg
7.63x
Market Cap
$330.31M
Interest Coverage Ratio
5.24x
TTM Avg
5.03x
3Y Avg
5.72x
5Y Avg
6.69x
Market Cap
$299.17M
Interest Coverage Ratio
0.66x
TTM Avg
0.57x
3Y Avg
1.80x
5Y Avg
1.87x
Market Cap
$197.66M
Interest Coverage Ratio
6.31x
TTM Avg
7.93x
3Y Avg
7.93x
5Y Avg
9.66x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.75B | 1.95x | 2.34x | 3.93x | 1.02x |
| Lufax Holding Ltd (LU)vs › | $1.32B | -0.46x | 2.08x | 2.33x | 3.20x |
| Washington Trust Bancorp, Inc. (WASH)vs › | $752.19M | 0.41x | 0.41x | 1.04x | 2.23x |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $702.16M | 5.20x | 4.53x | 3.88x | 12.12x |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $678.00M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 6.31x | 4.81x | 5.14x | 7.63x |
| BlackRock Floating Rate Income Trust (BGT)vs › | $330.31M | 5.24x | 5.03x | 5.72x | 6.69x |
| Isabella Bank Corporation (ISBA)vs › | $299.17M | 0.66x | 0.57x | 1.80x | 1.87x |
| Franklin Universal Trust (FT)vs › | $197.66M | 6.31x | 7.93x | 7.93x | 9.66x |
| DeFi Technologies Inc. (DEFT)vs › | $195.42M | 6.06x | 6.06x | 6.06x | 6.06x |
Interest Coverage
2.0x
Debt/Equity
0.72
Current Ratio
3.24
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 |
|---|---|
| 2026-04-30 | 1.95x |
| 2025-10-31 | 2.58x |
| 2025-04-30 | 2.50x |
| 2024-10-31 | 3.19x |
| 2024-04-30 | 9.43x |
| 2022-10-31 | -13.50x |
| 2019-10-31 | 1.58x |
| 2019-04-30 | 0.24x |
