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 24.98x is 208% above its 5-year average of -23.08x, near the high end of its 5-year range (-160.56x–90.08x).
870.19% above its 12-month average of -3.24x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -9.65x.
INTEREST COVERAGE RATIO
24.98x
INTEREST COVERAGE RATIO AVG TTM
-3.24x
INTEREST COVERAGE RATIO AVG 3Y
-3.13x
INTEREST COVERAGE RATIO AVG 5Y
-23.08x
INTEREST COVERAGE RATIO AVG 10Y
-20.10x
INTEREST COVERAGE RATIO AVG 15Y
-121.81x
INTEREST COVERAGE RATIO AVG 20Y
-136.87x
CURRENT VS TTM AVG
+870.19%
CURRENT VS 3Y AVG
+897.43%
CURRENT VS 5Y AVG
+208.22%
CURRENT VS 10Y AVG
+224.31%
CURRENT VS 15Y AVG
+120.51%
CURRENT VS 20Y AVG
+118.25%
SECTOR MEDIAN · HEALTHCARE
-6.38x
median of 528 covered companies
CURRENT VS SECTOR MEDIAN
+491.84%
vs the sector median at left
Novavax, Inc.
Market Cap
$1.82B
Interest Coverage Ratio
24.98x
TTM Avg
-3.24x
3Y Avg
-3.13x
5Y Avg
-23.08x
Market Cap
$1.81B
Interest Coverage Ratio
13.10x
TTM Avg
134.00x
3Y Avg
134.00x
5Y Avg
76.60x
Market Cap
$1.82B
Interest Coverage Ratio
-67.60x
TTM Avg
11.86x
3Y Avg
11.86x
5Y Avg
11.86x
Market Cap
$1.80B
Interest Coverage Ratio
-206.92x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.79B
Interest Coverage Ratio
-5.56x
TTM Avg
3366.69x
3Y Avg
3366.69x
5Y Avg
2220.01x
Market Cap
$1.78B
Interest Coverage Ratio
-596.74x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.85B
Interest Coverage Ratio
1.57x
TTM Avg
2.14x
3Y Avg
5.67x
5Y Avg
7.21x
Market Cap
$1.85B
Interest Coverage Ratio
N/A
TTM Avg
1.77x
3Y Avg
2.62x
5Y Avg
35.29x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Novavax, Inc. (NVAX) | $1.82B | 24.98x | -3.24x | -3.13x | -23.08x |
| LeMaitre Vascular, Inc. (LMAT)vs › | $1.81B | 13.10x | 134.00x | 134.00x | 76.60x |
| Sarepta Therapeutics, Inc. (SRPT)vs › | $1.82B | -67.60x | 11.86x | 11.86x | 11.86x |
| Generate Biomedicines, Inc. (GENB)vs › | $1.80B | -206.92x | N/A | N/A | N/A |
| Xencor, Inc. (XNCR)vs › | $1.79B | -5.56x | 3366.69x | 3366.69x | 2220.01x |
| Absci Corporation (ABSI)vs › | $1.78B | -596.74x | N/A | N/A | N/A |
| Astrana Health, Inc. (ASTH)vs › | $1.85B | 1.57x | 2.14x | 5.67x | 7.21x |
| Azenta, Inc. (AZTA)vs › | $1.85B | N/A | 1.77x | 2.62x | 35.29x |
| Novocure Ltd (NVCR)vs › | $1.77B | N/A | 1.68x | 1.68x | 1.68x |
| Surgery Partners, Inc. (SGRY)vs › | $1.76B | 1.43x | 1.58x | 1.58x | 1.43x |
Interest Coverage
25.0x
Debt/Equity
N/A
Current Ratio
2.33
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 | -9.65x |
| 2026-03-31 | 3.15x |
| 2025-12-31 | 3.61x |
| 2025-09-30 | -32.47x |
| 2025-06-30 | 19.15x |
| 2025-03-31 | 90.08x |
| 2024-12-31 | -17.28x |
| 2024-09-30 | -31.64x |
| 2024-06-30 | 38.86x |
| 2024-03-31 | -33.75x |
| 2023-12-31 | -44.59x |
| 2023-09-30 | -43.94x |
| 2023-06-30 | 17.75x |
| 2023-03-31 | -72.47x |
| 2022-12-31 | -53.01x |
| 2022-09-30 | -30.51x |
| 2022-06-30 | -77.47x |
| 2022-03-31 | 42.92x |
| 2021-12-31 | -160.56x |
| 2021-09-30 | -59.27x |
| 2021-06-30 | -57.95x |
| 2021-03-31 | -43.11x |
| 2020-12-31 | -47.14x |
| 2020-09-30 | -43.48x |
| 2020-06-30 | -5.00x |
| 2020-03-31 | -6.73x |
| 2019-12-31 | -8.44x |
| 2019-09-30 | -4.92x |
| 2019-06-30 | -12.03x |
| 2019-03-31 | -13.20x |
| 2018-12-31 | -15.27x |
| 2018-09-30 | -13.75x |
| 2018-06-30 | -13.78x |
| 2018-03-31 | -14.28x |
| 2017-12-31 | -13.56x |
| 2017-09-30 | -11.83x |
| 2017-06-30 | -11.79x |
| 2017-03-31 | -11.62x |
| 2016-12-31 | -15.41x |
| 2016-09-30 | -18.03x |
| 2016-06-30 | -21.78x |
| 2016-03-31 | -30.97x |
| 2015-12-31 | -686.10x |
| 2015-09-30 | -518.73x |
| 2015-06-30 | -800.81x |
| 2015-03-31 | -675.36x |
| 2014-12-31 | -4523.43x |
| 2014-09-30 | -421.04x |
| 2014-06-30 | -350.02x |
| 2014-03-31 | -276.63x |
| 2013-12-31 | -509.04x |
| 2013-09-30 | -238.73x |
| 2013-06-30 | -286.62x |
| 2013-03-31 | -454.77x |
| 2012-12-31 | -474.75x |
| 2012-09-30 | -1141.50x |
| 2012-06-30 | -1951.67x |
| 2012-03-31 | -2489.00x |
| 2011-12-31 | -1419.67x |
| 2011-09-30 | -1984.00x |
| 2011-06-30 | -2960.50x |
| 2011-03-31 | -3715.00x |
| 2010-12-31 | -2344.00x |
| 2010-09-30 | -5269.50x |
| 2010-06-30 | -4734.00x |
| 2010-03-31 | -5727.00x |
| 2009-12-31 | -7077.00x |
| 2009-09-30 | -413.10x |
| 2009-06-30 | -24.02x |
| 2009-03-31 | -16.33x |
| 2008-09-30 | -22.41x |
| 2008-03-31 | -16.95x |
| 2002-09-30 | -16.90x |
