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 1.29x is 63% below its 5-year average of 3.49x, near the low end of its 5-year range (-7.55x–43.89x).
53.23% below its 12-month average of 2.76x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.16x.
INTEREST COVERAGE RATIO
1.29x
INTEREST COVERAGE RATIO AVG TTM
2.76x
INTEREST COVERAGE RATIO AVG 3Y
2.02x
INTEREST COVERAGE RATIO AVG 5Y
3.49x
INTEREST COVERAGE RATIO AVG 10Y
2.54x
INTEREST COVERAGE RATIO AVG 15Y
2.42x
INTEREST COVERAGE RATIO AVG 20Y
2.65x
CURRENT VS TTM AVG
-53.23%
CURRENT VS 3Y AVG
-36.22%
CURRENT VS 5Y AVG
-63.05%
CURRENT VS 10Y AVG
-49.25%
CURRENT VS 15Y AVG
-46.79%
CURRENT VS 20Y AVG
-51.26%
SECTOR MEDIAN · HEALTHCARE
-6.38x
median of 528 covered companies
CURRENT VS SECTOR MEDIAN
+120.24%
vs the sector median at left
Nortech Systems Incorporated
Market Cap
$31.77M
Interest Coverage Ratio
1.29x
TTM Avg
2.76x
3Y Avg
2.02x
5Y Avg
3.49x
Market Cap
$30.85M
Interest Coverage Ratio
-34.63x
TTM Avg
34.14x
3Y Avg
47.81x
5Y Avg
52.62x
Market Cap
$30.66M
Interest Coverage Ratio
-92.91x
TTM Avg
11.87x
3Y Avg
11.87x
5Y Avg
11.87x
Market Cap
$32.69M
Interest Coverage Ratio
-23.76x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.74M
Interest Coverage Ratio
N/A
TTM Avg
1.23x
3Y Avg
1.23x
5Y Avg
1.23x
Market Cap
$30.36M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.81M
Interest Coverage Ratio
-4.17x
TTM Avg
0.48x
3Y Avg
0.48x
5Y Avg
0.48x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nortech Systems Incorporated (NSYS) | $31.77M | 1.29x | 2.76x | 2.02x | 3.49x |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $30.85M | -34.63x | 34.14x | 47.81x | 52.62x |
| MDxHealth S.A. (MDXH)vs › | $30.67M | -1.27x | N/A | N/A | N/A |
| SCYNEXIS, Inc. (SCYX)vs › | $30.66M | -92.91x | 11.87x | 11.87x | 11.87x |
| Scilex Holding Company (SCLX)vs › | $32.69M | -23.76x | N/A | N/A | N/A |
| BeyondSpring Inc. (BYSI)vs › | $30.52M | N/A | N/A | N/A | N/A |
| CervoMed Inc. (CRVO)vs › | $30.74M | N/A | 1.23x | 1.23x | 1.23x |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.36M | N/A | N/A | N/A | N/A |
| Rockwell Medical, Inc. (RMTI)vs › | $31.81M | -4.17x | 0.48x | 0.48x | 0.48x |
| GridAI Technologies Corp. (GRDX)vs › | $29.66M | -14.43x | N/A | N/A | N/A |
Interest Coverage
1.3x
Debt/Equity
0.50
Current Ratio
1.78
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 | 3.16x |
| 2026-03-31 | 0.18x |
| 2025-12-31 | 4.10x |
| 2025-09-30 | 3.46x |
| 2025-06-30 | 2.89x |
| 2025-03-31 | -7.54x |
| 2024-12-31 | -6.26x |
| 2024-09-30 | -2.16x |
| 2024-06-30 | 2.08x |
| 2024-03-31 | 6.92x |
| 2023-12-31 | 21.94x |
| 2023-09-30 | 8.65x |
| 2023-06-30 | 8.79x |
| 2023-03-31 | 9.57x |
| 2022-12-31 | 10.12x |
| 2022-09-30 | 15.94x |
| 2022-06-30 | 8.76x |
| 2022-03-31 | 1.72x |
| 2021-12-31 | -7.55x |
| 2021-09-30 | 43.89x |
| 2021-06-30 | 3.50x |
| 2021-03-31 | -25.29x |
| 2020-12-31 | -40.05x |
| 2020-09-30 | 21.50x |
| 2020-06-30 | 0.28x |
| 2020-03-31 | 1.75x |
| 2019-12-31 | 3.13x |
| 2019-09-30 | 2.79x |
| 2019-06-30 | -4.33x |
| 2019-03-31 | -0.42x |
| 2018-12-31 | -0.07x |
| 2018-09-30 | 3.82x |
| 2018-06-30 | 3.51x |
| 2018-03-31 | -0.70x |
| 2017-12-31 | -10.11x |
| 2017-09-30 | 1.66x |
| 2017-06-30 | 0.67x |
| 2017-03-31 | 0.86x |
| 2016-12-31 | 2.35x |
| 2016-09-30 | 1.36x |
| 2016-06-30 | -0.79x |
| 2016-03-31 | 1.67x |
| 2015-12-31 | 1.93x |
| 2015-09-30 | 0.17x |
| 2015-06-30 | -4.32x |
| 2015-03-31 | -2.12x |
| 2014-12-31 | 3.32x |
| 2014-09-30 | 5.28x |
| 2014-06-30 | 3.77x |
| 2014-03-31 | 2.63x |
| 2013-12-31 | 5.62x |
| 2013-09-30 | 3.62x |
| 2013-06-30 | 3.55x |
| 2013-03-31 | 2.39x |
| 2012-12-31 | 5.32x |
| 2012-09-30 | 2.93x |
| 2012-06-30 | 3.18x |
| 2012-03-31 | 2.40x |
| 2011-12-31 | 3.92x |
| 2011-09-30 | 3.23x |
| 2011-06-30 | 2.39x |
| 2011-03-31 | 2.39x |
| 2010-12-31 | 2.44x |
| 2010-09-30 | 1.67x |
| 2010-06-30 | 4.82x |
| 2010-03-31 | 2.60x |
| 2009-12-31 | 0.07x |
| 2009-09-30 | -7.66x |
| 2009-06-30 | -15.84x |
| 2009-03-31 | -22.32x |
| 2008-12-31 | 1.07x |
| 2008-09-30 | 5.59x |
| 2008-06-30 | 7.06x |
| 2008-03-31 | 5.80x |
| 2007-12-31 | 3.73x |
| 2007-09-30 | 3.11x |
| 2007-06-30 | 3.23x |
| 2006-12-31 | 3.77x |
| 2006-09-30 | 2.60x |
| 2006-06-30 | 3.29x |
| 2006-03-31 | 3.43x |
| 2005-12-31 | 4.15x |
| 2005-06-30 | 2.33x |
| 2005-03-31 | 2.23x |
| 2004-12-31 | 2.81x |
| 2004-06-30 | 2.01x |
| 2004-03-31 | 1.74x |
| 2003-12-31 | -1.95x |
| 2003-09-30 | 4.81x |
| 2002-09-30 | 10.72x |
