NextPlat (NXPL) Interest Coverage Ratio: History & Chart

NextPlat Corp(NXPL)

Software - Application · Hallandale Beach, FL

$9.18+0.18 (+2.00%)

Delayed quote: Oct 6, 2026, 12:04 PM EDT

About NextPlat Corp

NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.

Hallandale Beach, FL

126 employees

www.nextplat.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: David Phipps

View full financials

NXPL Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

-136.72x

INTEREST COVERAGE RATIO AVG TTM

-140.24x

INTEREST COVERAGE RATIO AVG 3Y

-199.86x

INTEREST COVERAGE RATIO AVG 5Y

-209.00x

INTEREST COVERAGE RATIO AVG 10Y

-262.20x

INTEREST COVERAGE RATIO AVG 15Y

-146.57x

INTEREST COVERAGE RATIO AVG 20Y

-243.09x

CURRENT VS TTM AVG

+2.51%

CURRENT VS 3Y AVG

+31.59%

CURRENT VS 5Y AVG

+34.59%

CURRENT VS 10Y AVG

+47.86%

CURRENT VS 15Y AVG

+6.72%

CURRENT VS 20Y AVG

+43.76%

SECTOR MEDIAN · TECHNOLOGY

1.25x

median of 395 covered companies

CURRENT VS SECTOR MEDIAN

-11037.60%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
NextPlat Corp (NXPL)	$24.86M	-136.72x	-140.24x	-199.86x	-209.00x
DarkHorse Technologies Inc. (DRK)vs ›	$24.98M	N/A	N/A	N/A	N/A
Orion Digital Corp. (ORIO)vs ›	$24.65M	-0.39x	0.26x	0.26x	0.26x
Research Frontiers Incorporated (REFR)vs ›	$25.27M	N/A	N/A	N/A	N/A
MindForge Inc (MF)vs ›	$24.25M	-92.81x	121.28x	121.28x	121.28x
Key Tronic Corporation (KTCC)vs ›	$24.11M	-2.05x	0.29x	0.88x	1.23x
Aware, Inc. (AWRE)vs ›	$23.38M	N/A	N/A	N/A	N/A
Future FinTech Group Inc. (FTFT)vs ›	$26.49M	-228.78x	1.99x	4.25x	11.29x
Franklin Wireless Corp. (FKWL)vs ›	$26.63M	N/A	N/A	N/A	N/A
Beamr Imaging Ltd. (BMR)vs ›	$22.36M	-143.42x	N/A	N/A	N/A

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

NextPlat Corp (NXPL)

$24.86M

-136.72x

-140.24x

-199.86x

-209.00x

DarkHorse Technologies Inc. (DRK)vs ›

$24.98M

N/A

Orion Digital Corp. (ORIO)vs ›

$24.65M

-0.39x

0.26x

Research Frontiers Incorporated (REFR)vs ›

$25.27M

N/A

MindForge Inc (MF)vs ›

$24.25M

-92.81x

121.28x

Key Tronic Corporation (KTCC)vs ›

$24.11M

-2.05x

0.29x

0.88x

1.23x

Aware, Inc. (AWRE)vs ›

$23.38M

N/A

Future FinTech Group Inc. (FTFT)vs ›

$26.49M

-228.78x

1.99x

4.25x

11.29x

Franklin Wireless Corp. (FKWL)vs ›

$26.63M

N/A

Beamr Imaging Ltd. (BMR)vs ›

$22.36M

-143.42x

N/A

Interest Coverage Ratio FAQ

What is the interest coverage ratio for NextPlat Corp (NXPL)?

The interest coverage ratio for NXPL stock is -136.72x.

Is NextPlat Corp's interest coverage ratio high or low?

The interest coverage ratio of -136.72x is 35% above its 5-year average of -209.00x, near the high end of its 5-year range (-1067.36x–-0.57x).

What is the TTM average interest coverage ratio for NextPlat Corp (NXPL)?

The TTM average interest coverage ratio for NXPL stock is -140.24x.

What is the 3Y average interest coverage ratio for NextPlat Corp (NXPL)?

The 3Y average interest coverage ratio for NXPL stock is -199.86x.

What is the 5Y average interest coverage ratio for NextPlat Corp (NXPL)?

The 5Y average interest coverage ratio for NXPL stock is -209.00x.

What is the 10Y average interest coverage ratio for NextPlat Corp (NXPL)?

The 10Y average interest coverage ratio for NXPL stock is -262.20x.

What is the 15Y average interest coverage ratio for NextPlat Corp (NXPL)?

The 15Y average interest coverage ratio for NXPL stock is -146.57x.

What is the 20Y average interest coverage ratio for NextPlat Corp (NXPL)?

The 20Y average interest coverage ratio for NXPL stock is -243.09x.

DATE	INTEREST COVERAGE RATIO
2025-12-31	-202.76x
2025-09-30	-142.07x
2025-06-30	-121.93x
2025-03-31	-82.50x
2024-12-31	-151.95x
2024-09-30	-363.59x
2024-06-30	-573.47x
2024-03-31	-87.71x
2023-12-31	-54.03x
2023-09-30	-75.69x
2023-06-30	-671.00x
2023-03-31	-240.90x
2022-12-31	-301.65x
2022-09-30	-248.13x
2022-06-30	-386.11x
2022-03-31	-257.36x
2021-12-31	-1067.36x
2021-09-30	-937.88x
2021-06-30	-0.58x
2021-03-31	-0.57x
2020-12-31	-9.07x
2020-09-30	-0.74x
2020-06-30	-2.91x
2020-03-31	-2.10x
2019-12-31	-13.53x
2019-09-30	-2.50x
2019-06-30	-3.33x
2019-03-31	-12.32x
2018-06-30	-3324.76x
2018-03-31	-1856.33x
2017-12-31	-801.65x
2017-09-30	-22715.90x
2017-06-30	-3785.72x
2017-03-31	-1002.13x
2016-09-30	-697.74x
2016-06-30	-1.14x
2016-03-31	-4.00x
2015-12-31	-394.48x
2015-09-30	-275.83x
2015-06-30	-91.51x
2013-12-31	-1.14x
2013-09-30	-77.59x
2013-06-30	-10.95x
2013-03-31	-5.84x
2012-12-31	-7.30x
2012-09-30	-8.24x
2012-06-30	-8.65x
2012-03-31	-188.38x
2011-12-31	-2.96x
2011-09-30	-7.85x
2011-05-16	-0.48x
2010-12-31	-1.27x
2010-09-30	-1.47x
2010-06-30	-32.41x
2010-03-31	-37.81x
2009-12-31	1067.05x
2009-09-30	-478.54x
2009-06-30	-379.78x
2009-03-31	-463.78x
2008-09-30	-112.66x
2008-06-30	-1104.79x
2008-03-31	-399.70x
2007-06-30	-609.83x
2006-06-30	-735.34x
2006-03-31	-809.35x
2005-12-31	-60.35x
2005-06-30	-23.23x
2005-03-03	-76.02x
2004-06-30	-36389.33x
2004-03-31	-311.01x

DATE

INTEREST COVERAGE RATIO

2025-12-31

-202.76x

2025-09-30

-142.07x

2025-06-30

-121.93x

2025-03-31

-82.50x

2024-12-31

-151.95x

2024-09-30

-363.59x

2024-06-30

-573.47x

2024-03-31

-87.71x

2023-12-31

-54.03x

2023-09-30

-75.69x

2023-06-30

-671.00x

2023-03-31

-240.90x

2022-12-31

-301.65x

2022-09-30

-248.13x

2022-06-30

-386.11x

2022-03-31

-257.36x

2021-12-31

-1067.36x

2021-09-30

-937.88x

2021-06-30

-0.58x

2021-03-31

-0.57x

2020-12-31

-9.07x

2020-09-30

-0.74x

2020-06-30

-2.91x

2020-03-31

-2.10x

2019-12-31

-13.53x

2019-09-30

-2.50x

2019-06-30

-3.33x

2019-03-31

-12.32x

2018-06-30

-3324.76x

2018-03-31

-1856.33x

2017-12-31

-801.65x

2017-09-30

-22715.90x

2017-06-30

-3785.72x

2017-03-31

-1002.13x

2016-09-30

-697.74x

2016-06-30

-1.14x

2016-03-31

-4.00x

2015-12-31

-394.48x

2015-09-30

-275.83x

2015-06-30

-91.51x

2013-12-31

-1.14x

2013-09-30

-77.59x

2013-06-30

-10.95x

2013-03-31

-5.84x

2012-12-31

-7.30x

2012-09-30

-8.24x

2012-06-30

-8.65x

2012-03-31

-188.38x

2011-12-31

-2.96x

2011-09-30

-7.85x

2011-05-16

-0.48x

2010-12-31

-1.27x

2010-09-30

-1.47x

2010-06-30

-32.41x

2010-03-31

-37.81x

2009-12-31

1067.05x

2009-09-30

-478.54x

2009-06-30

-379.78x

2009-03-31

-463.78x

2008-09-30

-112.66x

2008-06-30

-1104.79x

2008-03-31

-399.70x

2007-06-30

-609.83x

2006-06-30

-735.34x

2006-03-31

-809.35x

2005-12-31

-60.35x

2005-06-30

-23.23x

2005-03-03

-76.02x

2004-06-30

-36389.33x

2004-03-31

-311.01x

Interest Coverage Ratio: -136.72x

NXPL Interest Coverage Ratio

NXPL Average Interest Coverage Ratio Chart

NXPL Current vs Average Interest Coverage Ratio Chart

NXPL Interest Coverage Ratio Metrics

NXPL Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

NXPL Interest Coverage Ratio History

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