Basis: Latest reported fiscal quarter. 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 18.96x is in line with its 5-year average of 17.75x, around the middle of its 5-year range (10.66x–30.17x).
As of the fiscal period ended Friday, April 24, 2026. 21.39% above its 12-month average of 15.62x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
18.96x
INTEREST COVERAGE RATIO AVG TTM
15.62x
INTEREST COVERAGE RATIO AVG 3Y
17.82x
INTEREST COVERAGE RATIO AVG 5Y
17.13x
INTEREST COVERAGE RATIO AVG 10Y
16.41x
INTEREST COVERAGE RATIO AVG 15Y
15.41x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+21.39%
CURRENT VS 3Y AVG
+6.42%
CURRENT VS 5Y AVG
+10.70%
CURRENT VS 10Y AVG
+15.56%
CURRENT VS 15Y AVG
+23.08%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+147.58%
vs the sector median at left
NetApp, Inc.
Market Cap
$35.03B
Interest Coverage Ratio
18.96x
TTM Avg
15.62x
3Y Avg
17.82x
5Y Avg
17.13x
Market Cap
$33.68B
Interest Coverage Ratio
27.30x
TTM Avg
16.97x
3Y Avg
17.31x
5Y Avg
22.67x
Market Cap
$33.10B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$32.91B
Interest Coverage Ratio
15.00x
TTM Avg
14.14x
3Y Avg
23.94x
5Y Avg
48.29x
Market Cap
$38.11B
Interest Coverage Ratio
20.35x
TTM Avg
15.93x
3Y Avg
10.44x
5Y Avg
8.41x
Market Cap
$31.76B
Interest Coverage Ratio
10.54x
TTM Avg
19.45x
3Y Avg
24.43x
5Y Avg
18.28x
Market Cap
$38.60B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.16B
Interest Coverage Ratio
-0.04x
TTM Avg
0.90x
3Y Avg
0.90x
5Y Avg
0.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | $35.03B | 18.96x | 15.62x | 17.82x | 17.13x |
| Ubiquiti Inc. (UI)vs › | $33.68B | 27.30x | 16.97x | 17.31x | 22.67x |
| Veeva Systems Inc. (VEEV)vs › | $33.10B | N/A | N/A | N/A | N/A |
| Jabil Inc. (JBL)vs › | $33.01B | 4.84x | 8.24x | 8.29x | 7.36x |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 15.00x | 14.14x | 23.94x | 48.29x |
| Celestica Inc. (CLS)vs › | $38.11B | 20.35x | 15.93x | 10.44x | 8.41x |
| ON Semiconductor Corporation (ON)vs › | $31.76B | 10.54x | 19.45x | 24.43x | 18.28x |
| Credo Technology Group Holding Ltd (CRDO)vs › | $38.60B | N/A | N/A | N/A | N/A |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.16B | -0.04x | 0.90x | 0.90x | 0.90x |
| Strategy Inc (MSTR)vs › | $30.86B | -83.80x | 1145.05x | 1145.05x | 1145.05x |
Interest Coverage
19.0x
Debt/Equity
2.02
Current Ratio
1.44
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 |
|---|---|
| 2026-04-24 | 18.96x |
| 2026-01-23 | 16.58x |
| 2025-10-24 | 15.35x |
| 2025-07-25 | 10.66x |
| 2025-04-30 | 16.57x |
| 2025-01-24 | 30.17x |
| 2024-10-25 | 23.00x |
| 2024-07-26 | 17.63x |
| 2024-04-30 | 22.88x |
| 2024-01-26 | 21.53x |
| 2023-10-27 | 20.27x |
| 2023-07-28 | 11.13x |
| 2023-04-30 | 19.31x |
| 2023-01-27 | 10.75x |
| 2022-10-28 | 16.59x |
| 2022-07-29 | 14.17x |
| 2022-04-30 | 16.28x |
| 2022-01-28 | 16.89x |
| 2021-10-29 | 16.33x |
| 2021-07-30 | 13.83x |
| 2021-04-30 | 23.95x |
| 2021-01-29 | 13.58x |
| 2020-10-30 | 10.11x |
| 2020-07-31 | 7.56x |
| 2020-04-30 | 19.79x |
| 2020-01-24 | 19.14x |
| 2019-10-25 | 24.67x |
| 2019-07-26 | 6.93x |
| 2019-04-30 | 26.43x |
| 2019-01-25 | 19.44x |
| 2018-10-26 | 20.43x |
| 2018-07-27 | 18.14x |
| 2018-04-30 | 19.13x |
| 2018-01-26 | 27.65x |
| 2017-10-27 | 12.88x |
| 2017-07-28 | 11.38x |
| 2017-04-30 | 19.00x |
| 2017-01-27 | 15.25x |
| 2016-10-28 | 11.83x |
| 2016-07-29 | 6.20x |
| 2016-04-30 | 4.27x |
| 2016-01-29 | 15.00x |
| 2015-10-30 | 12.08x |
| 2015-07-31 | -2.36x |
| 2015-04-30 | 14.69x |
| 2015-01-23 | 18.24x |
| 2014-10-24 | 17.66x |
| 2014-07-25 | 17.77x |
| 2014-04-30 | 34.97x |
| 2014-01-24 | 33.84x |
| 2013-10-25 | 28.75x |
| 2013-07-26 | 5.87x |
| 2013-04-30 | 7.30x |
| 2013-01-25 | 7.83x |
| 2012-10-26 | 6.83x |
| 2012-07-27 | 4.03x |
| 2012-04-30 | 11.07x |
| 2012-01-27 | 8.28x |
| 2011-10-28 | 11.73x |
| 2011-07-29 | 9.08x |
| 2011-04-30 | 10.81x |
| 2011-01-28 | 10.45x |
| 2010-10-29 | 10.61x |
| 2010-07-30 | 8.83x |
| 2010-04-30 | 9.22x |
| 2010-01-29 | 7.09x |
| 2009-10-30 | 6.44x |
| 2009-07-31 | 3.69x |
| 2009-01-23 | -5.15x |
