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 10.54x is 56% below its 5-year average of 24.07x, around the middle of its 5-year range (-31.87x–42.41x).
4.25% below its 12-month average of 11.01x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
10.54x
INTEREST COVERAGE RATIO AVG TTM
11.01x
INTEREST COVERAGE RATIO AVG 3Y
22.70x
INTEREST COVERAGE RATIO AVG 5Y
24.07x
INTEREST COVERAGE RATIO AVG 10Y
14.08x
INTEREST COVERAGE RATIO AVG 15Y
8.70x
INTEREST COVERAGE RATIO AVG 20Y
5.88x
CURRENT VS TTM AVG
-4.25%
CURRENT VS 3Y AVG
-53.56%
CURRENT VS 5Y AVG
-56.22%
CURRENT VS 10Y AVG
-25.14%
CURRENT VS 15Y AVG
+21.13%
CURRENT VS 20Y AVG
+79.36%
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+35.48%
vs the sector median at left
ON Semiconductor Corporation
Market Cap
$27.89B
Interest Coverage Ratio
10.54x
TTM Avg
11.01x
3Y Avg
22.70x
5Y Avg
24.07x
Market Cap
$27.71B
Interest Coverage Ratio
19.29x
TTM Avg
18.18x
3Y Avg
15.16x
5Y Avg
16.48x
Market Cap
$28.31B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.37B
Interest Coverage Ratio
38.25x
TTM Avg
38.25x
3Y Avg
38.25x
5Y Avg
38.25x
Market Cap
$26.59B
Interest Coverage Ratio
4.83x
TTM Avg
4.75x
3Y Avg
5.76x
5Y Avg
6.91x
Market Cap
$26.45B
Interest Coverage Ratio
95.38x
TTM Avg
74.47x
3Y Avg
92.69x
5Y Avg
128.80x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ON Semiconductor Corporation (ON) | $27.89B | 10.54x | 11.01x | 22.70x | 24.07x |
| Teledyne Technologies Incorporated (TDY)vs › | $27.71B | 19.29x | 18.18x | 15.16x | 16.48x |
| Zoom Communications, Inc. (ZM)vs › | $28.31B | N/A | N/A | N/A | N/A |
| Okta, Inc. (OKTA)vs › | $28.37B | 38.25x | 38.25x | 38.25x | 38.25x |
| HP Inc. (HPQ)vs › | $28.92B | 7.16x | 6.72x | 7.80x | 11.12x |
| Zscaler, Inc. (ZS)vs › | $26.82B | -11.30x | N/A | N/A | N/A |
| Corpay, Inc. (CPAY)vs › | $26.59B | 4.83x | 4.75x | 5.76x | 6.91x |
| MongoDB, Inc. (MDB)vs › | $29.24B | -43.79x | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.45B | 95.38x | 74.47x | 92.69x | 128.80x |
| Qnity Electronics, Inc. (Q)vs › | $26.27B | 15.60x | 9.31x | 9.31x | 9.31x |
Interest Coverage
10.5x
Debt/Equity
0.62
Current Ratio
3.46
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 |
|---|---|
| 2026-07-03 | 18.88x |
| 2026-04-03 | -4.20x |
| 2025-12-31 | 14.62x |
| 2025-10-03 | 14.94x |
| 2025-07-04 | 10.80x |
| 2025-04-04 | -31.87x |
| 2024-12-31 | 26.71x |
| 2024-09-27 | 28.37x |
| 2024-06-28 | 24.75x |
| 2024-03-29 | 33.67x |
| 2023-12-31 | 38.74x |
| 2023-09-29 | 42.41x |
| 2023-06-30 | 41.14x |
| 2023-03-31 | 21.40x |
| 2022-12-31 | 25.33x |
| 2022-09-30 | 31.08x |
| 2022-07-01 | 31.55x |
| 2022-04-01 | 29.36x |
| 2021-12-31 | 15.42x |
| 2021-10-01 | 12.46x |
| 2021-07-02 | 9.05x |
| 2021-04-02 | 5.13x |
| 2020-12-31 | 4.19x |
| 2020-10-02 | 3.03x |
| 2020-07-03 | 1.45x |
| 2020-04-03 | 1.21x |
| 2019-12-31 | 3.31x |
| 2019-09-27 | 3.19x |
| 2019-06-28 | 5.25x |
| 2019-03-29 | 5.87x |
| 2018-12-31 | 6.76x |
| 2018-09-28 | 7.88x |
| 2018-06-29 | 6.25x |
| 2018-03-30 | 5.91x |
| 2017-12-31 | 5.30x |
| 2017-09-29 | 5.39x |
| 2017-06-30 | 4.66x |
| 2017-03-31 | 4.90x |
| 2016-12-31 | 1.47x |
| 2016-09-30 | 1.47x |
| 2016-07-01 | 1.96x |
| 2016-04-01 | 3.85x |
| 2015-12-31 | 4.05x |
| 2015-10-02 | 4.89x |
| 2015-07-03 | 7.01x |
| 2015-04-03 | 7.18x |
| 2014-12-31 | 3.83x |
| 2014-09-26 | 7.78x |
| 2014-06-27 | 11.51x |
| 2014-03-28 | 9.44x |
| 2013-12-31 | 8.44x |
| 2013-09-27 | 8.51x |
| 2013-06-28 | 6.13x |
| 2013-03-29 | 3.14x |
| 2012-12-31 | 2.06x |
| 2012-09-28 | 4.10x |
| 2012-06-29 | 4.36x |
| 2012-03-30 | 3.51x |
| 2011-12-31 | 3.07x |
| 2011-09-30 | 3.47x |
| 2011-07-01 | 3.48x |
| 2011-04-01 | 2.53x |
| 2010-12-31 | 6.12x |
| 2010-10-01 | 7.70x |
| 2010-07-02 | 7.16x |
| 2010-04-02 | 5.37x |
| 2009-12-31 | 5.40x |
| 2009-10-02 | 3.65x |
| 2009-07-03 | 1.39x |
| 2009-04-03 | 0.28x |
| 2008-06-27 | 2.38x |
| 2008-03-28 | 2.84x |
