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 -4.99x is 22% above its 5-year average of -6.41x, near the high end of its 5-year range (-21.03x–1.41x).
1.51% below its 12-month average of -4.92x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -5.88x.
INTEREST COVERAGE RATIO
-4.99x
INTEREST COVERAGE RATIO AVG TTM
-4.92x
INTEREST COVERAGE RATIO AVG 3Y
-6.18x
INTEREST COVERAGE RATIO AVG 5Y
-6.41x
INTEREST COVERAGE RATIO AVG 10Y
-7.26x
INTEREST COVERAGE RATIO AVG 15Y
-6.23x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.51%
CURRENT VS 3Y AVG
+19.20%
CURRENT VS 5Y AVG
+22.13%
CURRENT VS 10Y AVG
+31.24%
CURRENT VS 15Y AVG
+19.92%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-5.64x
median of 469 covered companies
CURRENT VS SECTOR MEDIAN
+11.52%
vs the sector median at left
Nektar Therapeutics
Market Cap
$1.15B
Interest Coverage Ratio
-4.99x
TTM Avg
-4.92x
3Y Avg
-6.18x
5Y Avg
-6.41x
Market Cap
$1.15B
Interest Coverage Ratio
2.05x
TTM Avg
1.65x
3Y Avg
1.11x
5Y Avg
0.98x
Market Cap
$1.14B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.13B
Interest Coverage Ratio
-2.02x
TTM Avg
1.81x
3Y Avg
1.81x
5Y Avg
1.81x
Market Cap
$1.13B
Interest Coverage Ratio
5.51x
TTM Avg
6.14x
3Y Avg
19.44x
5Y Avg
31.00x
Market Cap
$1.13B
Interest Coverage Ratio
1.60x
TTM Avg
1.00x
3Y Avg
0.57x
5Y Avg
0.46x
Market Cap
$1.17B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.09B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.09B
Interest Coverage Ratio
-36.11x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nektar Therapeutics (NKTR) | $1.15B | -4.99x | -4.92x | -6.18x | -6.41x |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.15B | 2.05x | 1.65x | 1.11x | 0.98x |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.14B | N/A | N/A | N/A | N/A |
| OPKO Health, Inc. (OPK)vs › | $1.13B | -2.02x | 1.81x | 1.81x | 1.81x |
| Amphastar Pharmaceuticals, Inc. (AMPH)vs › | $1.13B | 5.51x | 6.14x | 19.44x | 31.00x |
| Harrow Health, Inc. (HROW)vs › | $1.13B | 1.60x | 1.00x | 0.57x | 0.46x |
| Damora Therapeutics, Inc. (DMRA)vs › | $1.17B | N/A | N/A | N/A | N/A |
| Bicara Therapeutics Inc. Common Stock (BCAX)vs › | $1.09B | N/A | N/A | N/A | N/A |
| Replimune Group, Inc. (REPL)vs › | $1.09B | -36.11x | N/A | N/A | N/A |
| MannKind Corporation (MNKD)vs › | $1.21B | 2.81x | 2.36x | 1.69x | 1.69x |
Interest Coverage
-5.0x
Debt/Equity
0.15
Current Ratio
10.42
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 | -5.88x |
| 2026-03-31 | -4.82x |
| 2025-12-31 | -1.95x |
| 2025-09-30 | -5.21x |
| 2025-06-30 | -6.72x |
| 2025-03-31 | -8.95x |
| 2024-12-31 | 1.41x |
| 2024-09-30 | -5.71x |
| 2024-06-30 | -7.77x |
| 2024-03-31 | -6.41x |
| 2023-12-31 | -4.88x |
| 2023-09-30 | -7.59x |
| 2023-06-30 | -8.22x |
| 2023-03-31 | -21.03x |
| 2022-12-31 | -5.68x |
| 2022-09-30 | -5.39x |
| 2022-06-30 | -6.47x |
| 2022-03-31 | -15.29x |
| 2021-12-31 | -13.89x |
| 2021-09-30 | -8.87x |
| 2021-06-30 | -8.42x |
| 2021-03-31 | -8.23x |
| 2020-12-31 | -13.53x |
| 2020-09-30 | -12.23x |
| 2020-06-30 | -10.59x |
| 2020-03-31 | -6.71x |
| 2019-12-31 | -8.69x |
| 2019-09-30 | -8.79x |
| 2019-06-30 | -9.90x |
| 2019-03-31 | -10.69x |
| 2018-12-31 | -8.50x |
| 2018-09-30 | -9.62x |
| 2018-06-30 | 93.98x |
| 2018-03-31 | -8.37x |
| 2017-12-31 | -2.19x |
| 2017-09-30 | 6.94x |
| 2017-06-30 | -5.05x |
| 2017-03-31 | -5.47x |
| 2016-12-31 | -3.11x |
| 2016-09-30 | -3.13x |
| 2016-06-30 | -3.61x |
| 2016-03-31 | -0.88x |
| 2015-12-31 | -2.67x |
| 2015-09-30 | 0.04x |
| 2015-06-30 | -4.69x |
| 2015-03-31 | 4.67x |
| 2014-12-31 | -3.90x |
| 2014-09-30 | 8.37x |
| 2014-06-30 | -2.38x |
| 2014-03-31 | -3.67x |
| 2013-12-31 | -3.51x |
| 2013-09-30 | -0.64x |
| 2013-06-30 | -3.22x |
| 2013-03-31 | -4.46x |
| 2012-12-31 | -4.30x |
| 2012-09-30 | -2.94x |
| 2012-06-30 | -3.40x |
| 2012-03-31 | -8.75x |
| 2011-12-31 | -13.65x |
| 2011-09-30 | -8.39x |
| 2011-06-30 | -13.33x |
| 2011-03-31 | -13.10x |
| 2010-12-31 | -8.26x |
| 2010-09-30 | -2.20x |
| 2010-06-30 | 0.64x |
| 2010-03-31 | -1.14x |
| 2009-12-31 | -1.85x |
| 2009-09-30 | -9.86x |
| 2009-06-30 | -10.34x |
| 2009-03-31 | -9.08x |