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 -9.96x is 171% below its 5-year average of 13.99x, near the low end of its 5-year range (-14.54x–847.16x).
76.40% below its 12-month average of -5.65x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-05-31): 2.53x.
INTEREST COVERAGE RATIO
-9.96x
INTEREST COVERAGE RATIO AVG TTM
-5.65x
INTEREST COVERAGE RATIO AVG 3Y
5.36x
INTEREST COVERAGE RATIO AVG 5Y
13.99x
INTEREST COVERAGE RATIO AVG 10Y
209.89x
INTEREST COVERAGE RATIO AVG 15Y
151.68x
INTEREST COVERAGE RATIO AVG 20Y
118.09x
CURRENT VS TTM AVG
-76.40%
CURRENT VS 3Y AVG
-285.93%
CURRENT VS 5Y AVG
-171.17%
CURRENT VS 10Y AVG
-104.75%
CURRENT VS 15Y AVG
-106.57%
CURRENT VS 20Y AVG
-108.43%
SECTOR MEDIAN · BASIC MATERIALS
3.30x
median of 122 covered companies
CURRENT VS SECTOR MEDIAN
-401.82%
vs the sector median at left
Northern Technologies International Corporation
Market Cap
$73.66M
Interest Coverage Ratio
-9.96x
TTM Avg
-5.65x
3Y Avg
5.36x
5Y Avg
13.99x
Market Cap
$75.50M
Interest Coverage Ratio
-44.12x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$80.73M
Interest Coverage Ratio
303.44x
TTM Avg
303.44x
3Y Avg
566.36x
5Y Avg
566.36x
Market Cap
$66.31M
Interest Coverage Ratio
-118.69x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$63.20M
Interest Coverage Ratio
6.30x
TTM Avg
7.97x
3Y Avg
7.97x
5Y Avg
7.97x
Market Cap
$86.14M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$54.11M
Interest Coverage Ratio
-1.59x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.03M
Interest Coverage Ratio
1.40x
TTM Avg
1.40x
3Y Avg
1.40x
5Y Avg
1.40x
Market Cap
$98.54M
Interest Coverage Ratio
-19.45x
TTM Avg
4.65x
3Y Avg
5.87x
5Y Avg
9.52x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northern Technologies International Corporation (NTIC) | $73.66M | -9.96x | -5.65x | 5.36x | 13.99x |
| Atlas Lithium Corporation (ATLX)vs › | $75.50M | -44.12x | N/A | N/A | N/A |
| Julong Holding Limited (JLHL)vs › | $80.73M | 303.44x | 303.44x | 566.36x | 566.36x |
| Nexmetals Mining Corp. (NEXM)vs › | $66.31M | -118.69x | N/A | N/A | N/A |
| Namib Minerals (NAMM)vs › | $63.20M | 6.30x | 7.97x | 7.97x | 7.97x |
| U.S. GoldMining Inc. (USGO)vs › | $86.14M | N/A | N/A | N/A | N/A |
| Electra Battery Materials Corporation (ELBM)vs › | $54.11M | -1.59x | N/A | N/A | N/A |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.03M | 1.40x | 1.40x | 1.40x | 1.40x |
| Caesarstone Ltd. (CSTE)vs › | $98.54M | -19.45x | 4.65x | 5.87x | 9.52x |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.63M | -2.72x | N/A | N/A | N/A |
Interest Coverage
-10.0x
Debt/Equity
0.22
Current Ratio
1.72
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 | 2.53x |
| 2026-02-28 | -8.36x |
| 2025-11-30 | -6.79x |
| 2025-08-31 | -6.94x |
| 2025-05-31 | -8.67x |
| 2025-02-28 | -14.54x |
| 2024-11-30 | -10.87x |
| 2024-08-31 | 30.25x |
| 2024-05-31 | 25.42x |
| 2024-02-29 | 28.37x |
| 2023-11-30 | 12.38x |
| 2023-08-31 | 12.85x |
| 2023-05-31 | 14.00x |
| 2023-02-28 | 7.07x |
| 2022-11-30 | 9.08x |
| 2022-08-31 | 29.32x |
| 2022-05-31 | 76.65x |
| 2022-02-28 | 60.13x |
| 2021-11-30 | 438.12x |
| 2021-08-31 | 416.55x |
| 2021-05-31 | 847.16x |
| 2021-02-28 | 336.78x |
| 2020-11-30 | 724.91x |
| 2020-08-31 | 1.45x |
| 2020-05-31 | -9.72x |
| 2020-02-29 | 74.84x |
| 2019-11-30 | 290.23x |
| 2019-08-31 | 518.96x |
| 2019-05-31 | 343.13x |
| 2019-02-28 | 466.01x |
| 2018-11-30 | 800.37x |
| 2018-08-31 | 514.59x |
| 2018-05-31 | 781.53x |
| 2018-02-28 | 388.38x |
| 2017-11-30 | 252.43x |
| 2017-08-31 | 355.88x |
| 2017-05-31 | 233.49x |
| 2017-02-28 | 175.46x |
| 2016-11-30 | 113.66x |
| 2016-05-31 | 79.45x |
| 2016-02-29 | -3.25x |
| 2015-11-30 | -18.11x |
| 2015-08-31 | 28.98x |
| 2015-05-31 | 196.74x |
| 2015-02-28 | 42.75x |
| 2014-11-30 | 327.20x |
| 2014-08-31 | 120.55x |
| 2014-05-31 | 249.93x |
| 2014-02-28 | 138.05x |
| 2013-11-30 | 110.78x |
| 2013-08-31 | 133.06x |
| 2013-05-31 | 29.30x |
| 2013-02-28 | 138.79x |
| 2012-11-30 | 134.95x |
| 2012-08-31 | 41.23x |
| 2012-05-31 | 389.26x |
| 2012-02-29 | 94.98x |
| 2011-11-30 | 173.06x |
| 2011-08-31 | 193.57x |
| 2011-05-31 | 157.70x |
| 2011-02-28 | 51.98x |
| 2010-11-30 | -91.14x |
| 2010-08-31 | 35.64x |
| 2010-05-31 | 35.96x |
| 2010-02-28 | 11.20x |
| 2009-11-30 | 16.87x |
| 2009-08-31 | -12.05x |
| 2009-05-31 | -20.69x |
| 2009-02-28 | -28.91x |
| 2007-08-31 | -7.57x |
| 2007-05-31 | -0.25x |