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 -0.22x is 113% below its 5-year average of 1.70x, near the low end of its 5-year range (-0.59x–4.71x).
38.82% above its 12-month average of -0.36x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -0.33x.
INTEREST COVERAGE RATIO
-0.22x
INTEREST COVERAGE RATIO AVG TTM
-0.36x
INTEREST COVERAGE RATIO AVG 3Y
1.09x
INTEREST COVERAGE RATIO AVG 5Y
1.70x
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
+38.82%
CURRENT VS 3Y AVG
-120.15%
CURRENT VS 5Y AVG
-112.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
3.06x
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
-107.19%
vs the sector median at left
New Fortress Energy Inc.
Market Cap
$31.48M
Interest Coverage Ratio
-0.22x
TTM Avg
-0.36x
3Y Avg
1.09x
5Y Avg
1.70x
Market Cap
$27.83M
Interest Coverage Ratio
-0.67x
TTM Avg
1.22x
3Y Avg
1.22x
5Y Avg
1.85x
Market Cap
$38.61M
Interest Coverage Ratio
2.42x
TTM Avg
2.42x
3Y Avg
2.42x
5Y Avg
2.42x
Market Cap
$23.18M
Interest Coverage Ratio
-151.45x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.22M
Interest Coverage Ratio
-5.38x
TTM Avg
0.31x
3Y Avg
0.74x
5Y Avg
0.74x
Market Cap
$50.89M
Interest Coverage Ratio
-1.07x
TTM Avg
2.80x
3Y Avg
2.80x
5Y Avg
2.48x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Fortress Energy Inc. (NFE) | $31.48M | -0.22x | -0.36x | 1.09x | 1.70x |
| FTC Solar, Inc. (FTCI)vs › | $31.53M | -4.42x | N/A | N/A | N/A |
| KLX Energy Services Holdings, Inc. (KLXE)vs › | $27.83M | -0.67x | 1.22x | 1.22x | 1.85x |
| Beam Global (BEEM)vs › | $24.64M | -644.31x | N/A | N/A | N/A |
| Prairie Operating Co. (PROP)vs › | $38.61M | 2.42x | 2.42x | 2.42x | 2.42x |
| Ascent Solar Technologies, Inc. Common Stock (ASTI)vs › | $23.18M | -151.45x | N/A | N/A | N/A |
| Solarmax Technology Inc. Common Stock (SMXT)vs › | $16.22M | -5.38x | 0.31x | 0.74x | 0.74x |
| SunPower Inc. (SPWR)vs › | $50.89M | -1.07x | 2.80x | 2.80x | 2.48x |
| Sky Quarry Inc. (SKYQ)vs › | $12.23M | -2.89x | N/A | N/A | N/A |
| STAK Inc. Ordinary Shares (STAK)vs › | $11.31M | -18.70x | 45.77x | 215.90x | 215.90x |
Interest Coverage
-0.2x
Debt/Equity
N/A
Current Ratio
0.16
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 | -0.33x |
| 2026-03-31 | -0.59x |
| 2025-12-31 | -0.13x |
| 2025-09-30 | -0.33x |
| 2025-06-30 | -0.41x |
| 2025-03-31 | 0.00x |
| 2024-12-31 | 2.31x |
| 2024-09-30 | 1.12x |
| 2024-06-30 | 0.55x |
| 2024-03-31 | 2.39x |
| 2023-12-31 | 4.35x |
| 2023-09-30 | 2.31x |
| 2023-06-30 | 2.97x |
| 2023-03-31 | 3.73x |
| 2022-12-31 | 3.11x |
| 2022-09-30 | 2.94x |
| 2022-06-30 | 2.79x |
| 2022-03-31 | 3.71x |
| 2021-12-31 | 4.71x |
| 2021-09-30 | 0.94x |
| 2021-06-30 | -0.39x |
| 2021-03-31 | -1.19x |
| 2020-12-31 | 1.22x |
| 2020-09-30 | 0.56x |
| 2020-06-30 | -8.62x |
| 2020-03-31 | -2.60x |
| 2019-12-31 | -7.32x |
| 2019-09-30 | -9.60x |
| 2019-06-30 | -7.09x |
| 2019-03-31 | -18.07x |
| 2018-12-31 | -4.52x |
| 2018-09-30 | -3.12x |
| 2018-06-30 | -10.69x |
| 2018-03-31 | -5.90x |
| 2017-12-31 | -6.96x |
