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 12.73x is 69% below its 5-year average of 41.42x, near the low end of its 5-year range (1.33x–166.33x).
As of the fiscal period ended Monday, December 31, 2018. 54.99% below its 12-month average of 28.28x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
12.73x
INTEREST COVERAGE RATIO AVG TTM
28.28x
INTEREST COVERAGE RATIO AVG 3Y
51.60x
INTEREST COVERAGE RATIO AVG 5Y
31.81x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-54.99%
CURRENT VS 3Y AVG
-75.34%
CURRENT VS 5Y AVG
-59.99%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.52x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+69.35%
vs the sector median at left
Onto Innovation Inc.
Market Cap
$14.31B
Interest Coverage Ratio
12.73x
TTM Avg
28.28x
3Y Avg
51.60x
5Y Avg
31.81x
Market Cap
$13.94B
Interest Coverage Ratio
8.17x
TTM Avg
6.63x
3Y Avg
5.35x
5Y Avg
6.36x
Market Cap
$13.88B
Interest Coverage Ratio
6.20x
TTM Avg
6.47x
3Y Avg
9.06x
5Y Avg
9.70x
Market Cap
$14.93B
Interest Coverage Ratio
265.83x
TTM Avg
157.31x
3Y Avg
112.26x
5Y Avg
450.55x
Market Cap
$13.36B
Interest Coverage Ratio
3.59x
TTM Avg
4.73x
3Y Avg
6.49x
5Y Avg
5.92x
Market Cap
$13.32B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
Market Cap
$15.37B
Interest Coverage Ratio
-17.60x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.14B
Interest Coverage Ratio
109.44x
TTM Avg
112.82x
3Y Avg
103.82x
5Y Avg
83.15x
Market Cap
$12.98B
Interest Coverage Ratio
11.69x
TTM Avg
6.57x
3Y Avg
12.96x
5Y Avg
18.85x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Onto Innovation Inc. (ONTO) | $14.31B | 12.73x | 28.28x | 51.60x | 31.81x |
| Trimble Inc. (TRMB)vs › | $13.94B | 8.17x | 6.63x | 5.35x | 6.36x |
| Amkor Technology, Inc. (AMKR)vs › | $13.88B | 6.20x | 6.47x | 9.06x | 9.70x |
| Nextpower Inc. (NXT)vs › | $14.93B | 265.83x | 157.31x | 112.26x | 450.55x |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 3.59x | 4.73x | 6.49x | 5.92x |
| Dynatrace, Inc. (DT)vs › | $13.32B | N/A | 17.61x | 13.89x | 13.89x |
| Unity Software Inc. (U)vs › | $15.37B | -17.60x | N/A | N/A | N/A |
| Nova Ltd. (NVMI)vs › | $13.14B | 109.44x | 112.82x | 103.82x | 83.15x |
| Advanced Energy Industries, Inc. (AEIS)vs › | $12.98B | 11.69x | 6.57x | 12.96x | 18.85x |
| Tyler Technologies, Inc. (TYL)vs › | $12.83B | 71.61x | 61.05x | 34.75x | 29.56x |
Interest Coverage
12.7x
Debt/Equity
N/A
Current Ratio
6.15
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 |
|---|---|
| 2018-12-31 | 12.73x |
| 2018-09-29 | 12.57x |
| 2018-06-30 | 35.03x |
| 2018-03-31 | 44.67x |
| 2017-12-31 | 36.39x |
| 2017-09-30 | 104.58x |
| 2017-07-01 | 56.93x |
| 2017-04-01 | 50.71x |
| 2016-12-31 | 43.72x |
| 2016-09-24 | 166.33x |
| 2015-12-31 | 3.95x |
| 2015-09-26 | 8.33x |
| 2014-12-31 | 2.61x |
| 2013-12-31 | 1.33x |
| 2013-06-29 | 1.78x |
| 2013-03-30 | 1.08x |
| 2012-12-31 | 6.71x |
| 2012-09-29 | 10.71x |
| 2011-10-01 | 5.81x |
