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 60% below its 5-year average of 31.81x, 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. Q4 FY2018 (2018-12-31): 12.73x.
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
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+63.58%
vs the sector median at left
Onto Innovation Inc.
Market Cap
$13.10B
Interest Coverage Ratio
12.73x
TTM Avg
28.28x
3Y Avg
51.60x
5Y Avg
31.81x
Market Cap
$13.19B
Interest Coverage Ratio
117.27x
TTM Avg
123.13x
3Y Avg
83.63x
5Y Avg
83.63x
Market Cap
$12.90B
Interest Coverage Ratio
7.54x
TTM Avg
6.59x
3Y Avg
4.91x
5Y Avg
4.28x
Market Cap
$13.36B
Interest Coverage Ratio
18.45x
TTM Avg
18.45x
3Y Avg
18.89x
5Y Avg
41.78x
Market Cap
$13.42B
Interest Coverage Ratio
8.17x
TTM Avg
6.63x
3Y Avg
5.35x
5Y Avg
6.36x
Market Cap
$13.55B
Interest Coverage Ratio
N/A
TTM Avg
438.79x
3Y Avg
391.54x
5Y Avg
388.31x
Market Cap
$12.50B
Interest Coverage Ratio
6.20x
TTM Avg
6.47x
3Y Avg
9.06x
5Y Avg
9.70x
Market Cap
$12.44B
Interest Coverage Ratio
9.15x
TTM Avg
8.98x
3Y Avg
9.00x
5Y Avg
8.00x
Market Cap
$13.82B
Interest Coverage Ratio
71.61x
TTM Avg
61.05x
3Y Avg
34.75x
5Y Avg
29.56x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Onto Innovation Inc. (ONTO) | $13.10B | 12.73x | 28.28x | 51.60x | 31.81x |
| DocuSign, Inc. (DOCU)vs › | $13.19B | 117.27x | 123.13x | 83.63x | 83.63x |
| GoDaddy Inc. (GDDY)vs › | $12.90B | 7.54x | 6.59x | 4.91x | 4.28x |
| Skyworks Solutions, Inc. (SWKS)vs › | $13.36B | 18.45x | 18.45x | 18.89x | 41.78x |
| Trimble Inc. (TRMB)vs › | $13.42B | 8.17x | 6.63x | 5.35x | 6.36x |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.55B | N/A | 438.79x | 391.54x | 388.31x |
| Amkor Technology, Inc. (AMKR)vs › | $12.50B | 6.20x | 6.47x | 9.06x | 9.70x |
| Gartner, Inc. (IT)vs › | $12.44B | 9.15x | 8.98x | 9.00x | 8.00x |
| Tyler Technologies, Inc. (TYL)vs › | $13.82B | 71.61x | 61.05x | 34.75x | 29.56x |
| Manhattan Associates, Inc. (MANH)vs › | $12.33B | N/A | 1843.19x | 1631.59x | 1631.59x |
Interest Coverage
12.7x
Debt/Equity
0.77
Current Ratio
9.73
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 |
