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 -1.33x is 112% below its 5-year average of 10.89x, around the middle of its 5-year range (-191485.05x–144084.93x).
Reported quarterly interest coverage; no daily interpolation. Q2 FY2025 (2025-08-31): -4.15x.
INTEREST COVERAGE RATIO
-1.33x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-5.47x
INTEREST COVERAGE RATIO AVG 5Y
10.89x
INTEREST COVERAGE RATIO AVG 10Y
13.95x
INTEREST COVERAGE RATIO AVG 15Y
22.16x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+75.68%
CURRENT VS 5Y AVG
-112.21%
CURRENT VS 10Y AVG
-109.54%
CURRENT VS 15Y AVG
-106.00%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
4.49x
median of 108 covered companies
CURRENT VS SECTOR MEDIAN
-129.59%
vs the sector median at left
Nuveen California AMT-Free Quality Municipal Income Fund
Market Cap
$562.76M
Interest Coverage Ratio
-1.33x
TTM Avg
N/A
3Y Avg
-5.47x
5Y Avg
10.89x
Market Cap
$630.67M
Interest Coverage Ratio
6.31x
TTM Avg
4.81x
3Y Avg
5.14x
5Y Avg
7.63x
Market Cap
$645.95M
Interest Coverage Ratio
5.20x
TTM Avg
4.53x
3Y Avg
3.88x
5Y Avg
12.12x
Market Cap
$435.59M
Interest Coverage Ratio
4.30x
TTM Avg
2.31x
3Y Avg
4.08x
5Y Avg
9.28x
Market Cap
$431.13M
Interest Coverage Ratio
2.06x
TTM Avg
1.67x
3Y Avg
2.20x
5Y Avg
4.03x
Market Cap
$718.81M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$733.26M
Interest Coverage Ratio
0.41x
TTM Avg
0.41x
3Y Avg
1.04x
5Y Avg
2.23x
Market Cap
$311.37M
Interest Coverage Ratio
5.24x
TTM Avg
5.03x
3Y Avg
5.72x
5Y Avg
6.69x
Market Cap
$279.52M
Interest Coverage Ratio
0.66x
TTM Avg
0.57x
3Y Avg
1.80x
5Y Avg
1.87x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX) | $562.76M | -1.33x | N/A | -5.47x | 10.89x |
| Hypoport SE (HYPOF)vs › | $630.67M | 6.31x | 4.81x | 5.14x | 7.63x |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 5.20x | 4.53x | 3.88x | 12.12x |
| PIMCO California Municipal Income Fund (PCQ)vs › | $435.59M | 4.30x | 2.31x | 4.08x | 9.28x |
| Invesco California Value Municipal Income Trust (VCV)vs › | $431.13M | 2.06x | 1.67x | 2.20x | 4.03x |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $718.81M | N/A | N/A | N/A | N/A |
| Washington Trust Bancorp, Inc. (WASH)vs › | $733.26M | 0.41x | 0.41x | 1.04x | 2.23x |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | 5.24x | 5.03x | 5.72x | 6.69x |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 0.66x | 0.57x | 1.80x | 1.87x |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
Interest Coverage
-1.3x
Debt/Equity
0.76
Current Ratio
1.66
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 |
|---|---|
| 2025-08-31 | -4.15x |
| 2024-02-29 | 2.52x |
| 2023-08-31 | 1.25x |
| 2022-08-31 | -21.49x |
| 2022-05-31 | 7455.73x |
| 2022-02-28 | -191485.05x |
| 2021-11-30 | 37.78x |
| 2021-08-31 | 144084.93x |
| 2021-05-31 | 35.48x |
| 2021-02-28 | 21187.09x |
| 2020-11-30 | 24.84x |
| 2020-08-31 | -12472.41x |
| 2020-05-31 | 7.84x |
| 2020-02-29 | 26442.56x |
| 2019-11-30 | 5.76x |
| 2019-08-31 | 47383.39x |
| 2019-05-31 | 4.86x |
| 2019-02-28 | 4.91x |
| 2018-11-30 | 4.91x |
| 2018-08-31 | 5.54x |
| 2018-05-31 | 5.54x |
| 2018-02-28 | 5.92x |
| 2017-11-30 | 5.92x |
| 2017-08-31 | 9.35x |
| 2017-05-31 | 9.35x |
| 2017-02-28 | 10.93x |
| 2016-11-30 | 10.93x |
| 2016-08-31 | 18.11x |
| 2016-05-31 | 18.11x |
| 2016-02-29 | 50.47x |
| 2015-11-30 | 50.47x |
| 2015-08-31 | 43.55x |
| 2015-05-31 | 43.55x |
| 2015-02-28 | 29.70x |
| 2014-11-30 | 29.70x |
| 2014-08-31 | 39.10x |
| 2014-05-31 | 39.10x |
| 2014-02-28 | 59.16x |
| 2013-11-30 | 59.16x |
| 2013-08-31 | 38.45x |
| 2013-05-31 | 38.45x |
| 2013-02-28 | 36931.64x |
| 2012-11-30 | 36931.64x |
| 2012-08-31 | 32506.01x |
| 2012-05-31 | 32.51x |
| 2012-02-29 | 40.30x |
