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 5.09x is 625% above its 4-year average of -0.97x, near the high end of its 4-year range (-28.55x–7.02x).
0.97% above its 12-month average of 5.04x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2025 (2026-05-31): 3.08x.
INTEREST COVERAGE RATIO
5.09x
INTEREST COVERAGE RATIO AVG TTM
5.04x
INTEREST COVERAGE RATIO AVG 3Y
3.18x
INTEREST COVERAGE RATIO AVG 5Y
N/A
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
+0.97%
CURRENT VS 3Y AVG
+59.91%
CURRENT VS 5Y AVG
N/A
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 98 covered companies
CURRENT VS SECTOR MEDIAN
-2.68%
vs the sector median at left
Nuveen Minnesota Quality Municipal Income Fund
Market Cap
$62.69M
Interest Coverage Ratio
5.09x
TTM Avg
5.04x
3Y Avg
3.18x
5Y Avg
N/A
Market Cap
$133.47M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$140.81M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$173.57M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$176.17M
Interest Coverage Ratio
6.31x
TTM Avg
7.93x
3Y Avg
7.93x
5Y Avg
9.66x
Market Cap
$189.29M
Interest Coverage Ratio
6.06x
TTM Avg
6.06x
3Y Avg
6.06x
5Y Avg
6.06x
Market Cap
$266.05M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$279.30M
Interest Coverage Ratio
0.66x
TTM Avg
0.57x
3Y Avg
1.80x
5Y Avg
1.87x
Market Cap
$309.58M
Interest Coverage Ratio
5.24x
TTM Avg
5.03x
3Y Avg
5.72x
5Y Avg
6.69x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $62.69M | 5.09x | 5.04x | 3.18x | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $133.47M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $140.81M | N/A | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $173.57M | N/A | N/A | N/A | N/A |
| Franklin Universal Trust (FT)vs › | $176.17M | 6.31x | 7.93x | 7.93x | 9.66x |
| DeFi Technologies Inc. (DEFT)vs › | $189.29M | 6.06x | 6.06x | 6.06x | 6.06x |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.05M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $279.30M | 0.66x | 0.57x | 1.80x | 1.87x |
| BlackRock Floating Rate Income Trust (BGT)vs › | $309.58M | 5.24x | 5.03x | 5.72x | 6.69x |
| Hypoport SE (HYPOF)vs › | $630.67M | 6.31x | 4.81x | 5.14x | 7.63x |
Interest Coverage
5.1x
Debt/Equity
0.65
Current Ratio
4.74
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 |
|---|---|
| 2026-05-31 | 3.08x |
| 2025-11-30 | 7.00x |
| 2024-11-30 | 5.31x |
| 2024-05-31 | 2.28x |
| 2023-11-30 | 0.27x |
| 2023-05-31 | 1.16x |
| 2022-11-30 | -6.30x |
| 2022-05-31 | -28.55x |
| 2021-11-30 | 7.02x |
