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 1.58x is 48% below its 5-year average of 3.01x, near the low end of its 5-year range (0.48x–9.87x).
31.03% below its 12-month average of 2.29x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.73x.
INTEREST COVERAGE RATIO
1.58x
INTEREST COVERAGE RATIO AVG TTM
2.29x
INTEREST COVERAGE RATIO AVG 3Y
2.32x
INTEREST COVERAGE RATIO AVG 5Y
3.01x
INTEREST COVERAGE RATIO AVG 10Y
2.85x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-31.03%
CURRENT VS 3Y AVG
-31.86%
CURRENT VS 5Y AVG
-47.53%
CURRENT VS 10Y AVG
-44.47%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
2.57x
median of 348 covered companies
CURRENT VS SECTOR MEDIAN
-38.40%
vs the sector median at left
Pangaea Logistics Solutions, Ltd.
Market Cap
$551.25M
Interest Coverage Ratio
1.58x
TTM Avg
2.29x
3Y Avg
2.32x
5Y Avg
3.01x
Market Cap
$547.80M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$585.74M
Interest Coverage Ratio
-8.17x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$515.46M
Interest Coverage Ratio
N/A
TTM Avg
7.32x
3Y Avg
11.36x
5Y Avg
16.35x
Market Cap
$514.44M
Interest Coverage Ratio
8.67x
TTM Avg
9.98x
3Y Avg
14.89x
5Y Avg
13.04x
Market Cap
$592.25M
Interest Coverage Ratio
0.01x
TTM Avg
0.01x
3Y Avg
1.85x
5Y Avg
2.49x
Market Cap
$501.67M
Interest Coverage Ratio
1.32x
TTM Avg
1.61x
3Y Avg
1.84x
5Y Avg
1.77x
Market Cap
$496.21M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$612.50M
Interest Coverage Ratio
0.32x
TTM Avg
0.21x
3Y Avg
0.94x
5Y Avg
1.05x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pangaea Logistics Solutions, Ltd. (PANL) | $551.25M | 1.58x | 2.29x | 2.32x | 3.01x |
| Kelly Services, Inc. (KELYA)vs › | $547.80M | N/A | 7.32x | 11.36x | 16.35x |
| Enovix Corporation (ENVX)vs › | $585.74M | -8.17x | N/A | N/A | N/A |
| Kelly Services, Inc. (KELYB)vs › | $515.46M | N/A | 7.32x | 11.36x | 16.35x |
| Euroseas Ltd. (ESEA)vs › | $514.44M | 8.67x | 9.98x | 14.89x | 13.04x |
| Hertz Global Holdings, Inc. (HTZ)vs › | $592.25M | 0.01x | 0.01x | 1.85x | 2.49x |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $501.67M | 1.32x | 1.61x | 1.84x | 1.77x |
| Accelevation Holdings Corp. (ACCV)vs › | $496.21M | N/A | N/A | N/A | N/A |
| Matthews International Corporation (MATW)vs › | $612.50M | 0.32x | 0.21x | 0.94x | 1.05x |
| Columbus McKinnon Corporation (CMCO)vs › | $486.82M | -0.37x | 2.25x | 2.92x | 3.58x |
Interest Coverage
1.6x
Debt/Equity
0.78
Current Ratio
1.38
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 | 3.73x |
| 2026-03-31 | 1.82x |
| 2025-12-31 | 2.49x |
| 2025-09-30 | 2.81x |
| 2025-06-30 | 0.61x |
| 2025-03-31 | 0.48x |
| 2024-12-31 | 2.00x |
| 2024-09-30 | 3.19x |
| 2024-06-30 | 2.00x |
| 2024-03-31 | 2.36x |
| 2023-12-31 | 2.83x |
| 2023-09-30 | 4.27x |
| 2023-06-30 | 1.56x |
| 2023-03-31 | 1.53x |
| 2022-12-31 | 4.25x |
| 2022-09-30 | 4.47x |
| 2022-06-30 | 9.87x |
| 2022-03-31 | 3.84x |
| 2021-12-31 | 6.81x |
| 2021-09-30 | 9.31x |
| 2021-06-30 | 6.16x |
| 2021-03-31 | 2.86x |
| 2020-12-31 | 4.71x |
| 2020-09-30 | 5.09x |
| 2020-06-30 | 1.95x |
| 2020-03-31 | -1.10x |
| 2019-12-31 | -0.36x |
| 2019-09-30 | 5.20x |
| 2019-06-30 | 3.23x |
| 2019-03-31 | 1.91x |
| 2018-12-31 | 3.27x |
| 2018-09-30 | 5.34x |
| 2018-06-30 | 3.93x |
| 2018-03-31 | 3.67x |
| 2017-12-31 | 3.26x |
| 2017-09-30 | 4.59x |
| 2017-06-30 | -0.51x |
| 2017-03-31 | -0.21x |
| 2016-12-31 | 0.63x |
| 2016-09-30 | 5.81x |
| 2016-06-30 | 0.49x |
| 2016-03-31 | 2.41x |
| 2015-12-31 | -0.96x |
| 2015-09-30 | 3.03x |
| 2015-06-30 | 5.03x |
| 2015-03-31 | 6.52x |
| 2014-12-31 | -10.03x |
| 2014-09-30 | -1.30x |
| 2014-06-30 | 2.25x |
| 2014-03-31 | 5.35x |
