Basis: Trailing twelve months (TTM). 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 34.40x is 157% above its 5-year average of 13.41x, around the middle of its 5-year range (-12.96x–111.76x).
49.14% below its 12-month average of 67.63x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 31.43x.
INTEREST COVERAGE RATIO
34.40x
INTEREST COVERAGE RATIO AVG TTM
67.63x
INTEREST COVERAGE RATIO AVG 3Y
19.01x
INTEREST COVERAGE RATIO AVG 5Y
13.41x
INTEREST COVERAGE RATIO AVG 10Y
7.55x
INTEREST COVERAGE RATIO AVG 15Y
7.38x
INTEREST COVERAGE RATIO AVG 20Y
9.15x
CURRENT VS TTM AVG
-49.14%
CURRENT VS 3Y AVG
+80.96%
CURRENT VS 5Y AVG
+156.58%
CURRENT VS 10Y AVG
+355.53%
CURRENT VS 15Y AVG
+365.90%
CURRENT VS 20Y AVG
+275.90%
SECTOR MEDIAN · BASIC MATERIALS
9.13x
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+276.99%
vs the sector median at left
Newmont Corporation
Market Cap
$135.62B
Interest Coverage Ratio
34.40x
TTM Avg
67.63x
3Y Avg
19.01x
5Y Avg
13.41x
Market Cap
$109.60B
Interest Coverage Ratio
17.05x
TTM Avg
19.29x
3Y Avg
15.97x
5Y Avg
13.34x
Market Cap
$162.25B
Interest Coverage Ratio
14.03x
TTM Avg
11.82x
3Y Avg
10.49x
5Y Avg
19.74x
Market Cap
$174.59B
Interest Coverage Ratio
18.95x
TTM Avg
17.79x
3Y Avg
15.36x
5Y Avg
14.49x
Market Cap
$87.78B
Interest Coverage Ratio
18.01x
TTM Avg
11.63x
3Y Avg
9.79x
5Y Avg
8.46x
Market Cap
$77.84B
Interest Coverage Ratio
8.11x
TTM Avg
8.41x
3Y Avg
8.15x
5Y Avg
8.08x
Market Cap
$76.61B
Interest Coverage Ratio
12.08x
TTM Avg
9.90x
3Y Avg
8.00x
5Y Avg
7.79x
Market Cap
$74.71B
Interest Coverage Ratio
22.63x
TTM Avg
16.58x
3Y Avg
12.59x
5Y Avg
12.71x
Market Cap
$68.39B
Interest Coverage Ratio
276.45x
TTM Avg
194.16x
3Y Avg
143.86x
5Y Avg
122.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $135.62B | 34.40x | 67.63x | 19.01x | 13.41x |
| Freeport-McMoRan Inc. (FCX)vs › | $109.60B | 17.05x | 19.29x | 15.97x | 13.34x |
| Rio Tinto Group (RIO)vs › | $162.25B | 14.03x | 11.82x | 10.49x | 19.74x |
| Southern Copper Corporation (SCCO)vs › | $174.59B | 18.95x | 17.79x | 15.36x | 14.49x |
| Johnson Controls International plc (JCI)vs › | $87.78B | 18.01x | 11.63x | 9.79x | 8.46x |
| The Sherwin-Williams Company (SHW)vs › | $77.84B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $76.61B | 12.08x | 9.90x | 8.00x | 7.79x |
| Barrick Mining Corporation (B)vs › | $74.71B | 22.63x | 16.58x | 12.59x | 12.71x |
| Wheaton Precious Metals Corp. (WPM)vs › | $68.39B | 276.45x | 194.16x | 143.86x | 122.90x |
| Air Products and Chemicals, Inc. (APD)vs › | $65.75B | -4.10x | 17.23x | 17.20x | 17.49x |
Interest Coverage
34.4x
Debt/Equity
0.15
Current Ratio
2.55
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 |
|---|---|
| 2026-06-30 | 31.43x |
| 2026-03-31 | 111.67x |
| 2025-12-31 | 111.76x |
| 2025-09-30 | 47.29x |
| 2025-06-30 | 36.02x |
| 2025-03-31 | 23.61x |
| 2024-12-31 | 25.15x |
| 2024-09-30 | 14.94x |
| 2024-06-30 | 11.97x |
| 2024-03-31 | 10.01x |
| 2023-12-31 | -5.47x |
| 2023-09-30 | 5.52x |
| 2023-06-30 | 8.63x |
| 2023-03-31 | 7.52x |
| 2022-12-31 | -3.04x |
| 2022-09-30 | 6.27x |
| 2022-06-30 | 11.61x |
| 2022-03-31 | 12.45x |
| 2021-12-31 | -12.96x |
| 2021-09-30 | 9.83x |
| 2021-06-30 | 13.94x |
| 2021-03-31 | 12.14x |
| 2020-12-31 | 13.61x |
| 2020-09-30 | 12.31x |
| 2020-06-30 | 5.45x |
| 2020-03-31 | 5.43x |
| 2019-12-31 | 6.39x |
| 2019-09-30 | 6.18x |
| 2019-06-30 | 1.56x |
| 2019-03-31 | 5.69x |
| 2018-12-31 | 6.72x |
| 2018-09-30 | 5.33x |
| 2018-06-30 | 5.00x |
| 2018-03-31 | 6.48x |
| 2017-12-31 | 5.52x |
| 2017-09-30 | 5.70x |
| 2017-06-30 | 5.97x |
| 2017-03-31 | 3.98x |
| 2016-12-31 | 7.20x |
| 2016-09-30 | 4.36x |
| 2016-06-30 | 6.96x |
| 2016-03-31 | 6.19x |
| 2015-12-31 | -0.60x |
| 2015-09-30 | 3.94x |
| 2015-06-30 | 5.23x |
| 2015-03-31 | 6.02x |
| 2014-12-31 | 3.81x |
| 2014-09-30 | 0.80x |
| 2014-06-30 | 2.29x |
| 2014-03-31 | 2.27x |
| 2013-12-31 | 1.32x |
| 2013-09-30 | 5.22x |
| 2013-06-30 | -4.34x |
| 2013-03-31 | 9.97x |
| 2012-12-31 | 15.44x |
| 2012-09-30 | 11.64x |
| 2012-06-30 | 10.11x |
| 2012-03-31 | 22.60x |
| 2011-12-31 | 20.75x |
| 2011-09-30 | 18.12x |
| 2011-06-30 | 14.37x |
| 2011-03-31 | 15.71x |
| 2010-12-31 | 21.86x |
| 2010-09-30 | 18.58x |
| 2010-06-30 | 12.13x |
| 2010-03-31 | 12.09x |
| 2009-12-31 | 21.45x |
| 2009-09-30 | 88.90x |
| 2009-06-30 | 20.57x |
| 2009-03-31 | 12.81x |
| 2008-09-30 | 6.86x |
| 2008-06-30 | 12.69x |
| 2008-03-31 | 31.14x |
