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 -2.04x is 179% below its 5-year average of 2.60x, near the low end of its 5-year range (-12.26x–25.99x).
As of the fiscal period ended Sunday, December 31, 2023.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2023 (2023-12-31): -2.04x.
INTEREST COVERAGE RATIO
-2.04x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-5.20x
INTEREST COVERAGE RATIO AVG 5Y
2.60x
INTEREST COVERAGE RATIO AVG 10Y
2.60x
INTEREST COVERAGE RATIO AVG 15Y
99.83x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+60.66%
CURRENT VS 5Y AVG
-178.58%
CURRENT VS 10Y AVG
-178.58%
CURRENT VS 15Y AVG
-102.05%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.30x
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
-781.37%
vs the sector median at left
NETGEAR, Inc.
Market Cap
$618.39M
Interest Coverage Ratio
-2.04x
TTM Avg
N/A
3Y Avg
-5.20x
5Y Avg
2.60x
Market Cap
$617.21M
Interest Coverage Ratio
-0.81x
TTM Avg
63.98x
3Y Avg
55.05x
5Y Avg
44.16x
Market Cap
$612.07M
Interest Coverage Ratio
N/A
TTM Avg
885.00x
3Y Avg
885.00x
5Y Avg
885.00x
Market Cap
$611.98M
Interest Coverage Ratio
167.66x
TTM Avg
126.27x
3Y Avg
89.19x
5Y Avg
89.19x
Market Cap
$608.87M
Interest Coverage Ratio
-17.37x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$634.41M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$602.17M
Interest Coverage Ratio
-8.17x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$640.72M
Interest Coverage Ratio
1.61x
TTM Avg
1.56x
3Y Avg
1.31x
5Y Avg
1.10x
Market Cap
$650.82M
Interest Coverage Ratio
68.36x
TTM Avg
68.36x
3Y Avg
68.36x
5Y Avg
74.36x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NETGEAR, Inc. (NTGR) | $618.39M | -2.04x | N/A | -5.20x | 2.60x |
| ADTRAN Holdings Inc. (ADTN)vs › | $617.21M | -0.81x | 63.98x | 55.05x | 44.16x |
| Climb Global Solutions, Inc. (CLMB)vs › | $612.07M | N/A | 885.00x | 885.00x | 885.00x |
| Docebo Inc. (DCBO)vs › | $611.98M | 167.66x | 126.27x | 89.19x | 89.19x |
| Sprout Social, Inc. (SPT)vs › | $608.87M | -17.37x | N/A | N/A | N/A |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $634.41M | N/A | N/A | N/A | N/A |
| indie Semiconductor, Inc. (INDI)vs › | $602.17M | -8.17x | N/A | N/A | N/A |
| Priority Technology Holdings, Inc. (PRTH)vs › | $640.72M | 1.61x | 1.56x | 1.31x | 1.10x |
| Cognyte Software Ltd. (CGNT)vs › | $650.82M | 68.36x | 68.36x | 68.36x | 74.36x |
| IBEX Limited (IBEX)vs › | $578.28M | -58.72x | 52.62x | 43.09x | 29.38x |
Interest Coverage
-2.0x
Debt/Equity
0.10
Current Ratio
2.48
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 |
|---|---|
| 2023-12-31 | -2.04x |
| 2022-07-03 | -12.26x |
| 2022-04-03 | -1.29x |
| 2018-12-31 | 25.99x |
| 2011-12-31 | 265.24x |
| 2010-12-31 | 202.67x |
| 2009-12-31 | 220.49x |
