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 18.00x is 31% below its 4-year average of 25.93x, near the low end of its 4-year range (-29.78x–211.43x).
31.14% below its 12-month average of 26.14x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-05-31): 13.46x.
INTEREST COVERAGE RATIO
18.00x
INTEREST COVERAGE RATIO AVG TTM
26.14x
INTEREST COVERAGE RATIO AVG 3Y
24.50x
INTEREST COVERAGE RATIO AVG 5Y
25.93x
INTEREST COVERAGE RATIO AVG 10Y
33.97x
INTEREST COVERAGE RATIO AVG 15Y
2.35x
INTEREST COVERAGE RATIO AVG 20Y
1.22x
CURRENT VS TTM AVG
-31.14%
CURRENT VS 3Y AVG
-26.54%
CURRENT VS 5Y AVG
-30.60%
CURRENT VS 10Y AVG
-47.02%
CURRENT VS 15Y AVG
+665.24%
CURRENT VS 20Y AVG
+1376.01%
SECTOR MEDIAN · UTILITIES
2.36x
median of 63 covered companies
CURRENT VS SECTOR MEDIAN
+662.71%
vs the sector median at left
Pure Cycle Corporation
Market Cap
$264.83M
Interest Coverage Ratio
18.00x
TTM Avg
26.14x
3Y Avg
24.50x
5Y Avg
25.93x
Market Cap
$249.57M
Interest Coverage Ratio
-2.81x
TTM Avg
0.51x
3Y Avg
0.51x
5Y Avg
0.51x
Market Cap
$294.30M
Interest Coverage Ratio
-2.81x
TTM Avg
0.51x
3Y Avg
0.51x
5Y Avg
0.51x
Market Cap
$232.70M
Interest Coverage Ratio
1.20x
TTM Avg
1.37x
3Y Avg
1.73x
5Y Avg
1.60x
Market Cap
$225.00M
Interest Coverage Ratio
2.82x
TTM Avg
2.72x
3Y Avg
2.98x
5Y Avg
3.10x
Market Cap
$325.08M
Interest Coverage Ratio
-5.81x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$347.83M
Interest Coverage Ratio
4.10x
TTM Avg
3.54x
3Y Avg
3.08x
5Y Avg
3.04x
Market Cap
$357.71M
Interest Coverage Ratio
N/A
TTM Avg
8.78x
3Y Avg
8.78x
5Y Avg
8.78x
Market Cap
$397.80M
Interest Coverage Ratio
-23.63x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pure Cycle Corporation (PCYO) | $264.83M | 18.00x | 26.14x | 24.50x | 25.93x |
| Cadiz Inc. (CDZIP)vs › | $249.57M | -2.81x | 0.51x | 0.51x | 0.51x |
| Cadiz Inc. (CDZI)vs › | $294.30M | -2.81x | 0.51x | 0.51x | 0.51x |
| Global Water Resources, Inc. (GWRS)vs › | $232.70M | 1.20x | 1.37x | 1.73x | 1.60x |
| RGC Resources, Inc. (RGCO)vs › | $225.00M | 2.82x | 2.72x | 2.98x | 3.10x |
| Terrestrial Energy Inc. (IMSR)vs › | $325.08M | -5.81x | N/A | N/A | N/A |
| Artesian Resources Corporation (ARTNA)vs › | $347.83M | 4.10x | 3.54x | 3.08x | 3.04x |
| Digi Power X Inc. (DGXX)vs › | $357.71M | N/A | 8.78x | 8.78x | 8.78x |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $397.80M | -23.63x | N/A | N/A | N/A |
| VivoPower PLC (VIVO)vs › | $55.24M | N/A | N/A | N/A | N/A |
Interest Coverage
18.0x
Debt/Equity
0.09
Current Ratio
1.53
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 |
|---|---|
| 2026-05-31 | 13.46x |
| 2026-02-28 | 1.85x |
| 2025-11-30 | 46.63x |
| 2025-08-31 | 55.55x |
| 2025-05-31 | 13.21x |
| 2025-02-28 | -12.17x |
| 2024-11-30 | 15.77x |
| 2024-08-31 | 70.14x |
| 2024-05-31 | 28.15x |
| 2024-02-29 | -3.32x |
| 2023-11-30 | 16.26x |
| 2023-08-31 | 0.77x |
| 2023-05-31 | 72.25x |
| 2023-02-28 | -5.11x |
| 2022-11-30 | -29.78x |
| 2022-08-31 | 170.66x |
| 2022-05-31 | 20.13x |
| 2022-02-28 | 137.09x |
| 2021-11-30 | 211.43x |
| 2019-11-30 | 5172.77x |
| 2015-08-31 | -5.00x |
| 2015-05-31 | -4.33x |
| 2014-11-30 | -0.82x |
| 2014-08-31 | -4.25x |
| 2014-05-31 | -1.17x |
| 2014-02-28 | -0.30x |
| 2013-11-30 | -0.33x |
| 2013-08-31 | -0.32x |
| 2013-05-31 | -0.23x |
| 2013-02-28 | -0.42x |
| 2012-11-30 | -0.57x |
| 2012-08-31 | -14.23x |
| 2012-05-31 | -0.76x |
| 2012-02-29 | -0.73x |
| 2011-11-30 | -0.74x |
| 2011-08-31 | -0.56x |
| 2011-05-31 | -0.53x |
| 2011-02-28 | -0.79x |
| 2010-11-30 | -0.43x |
| 2010-08-31 | -0.40x |
| 2010-05-31 | -0.48x |
| 2010-02-28 | -0.72x |
| 2009-11-30 | -0.47x |
| 2009-08-31 | -0.50x |
| 2009-05-31 | -0.59x |
| 2009-02-28 | -0.73x |
| 2008-05-31 | -0.57x |
| 2007-05-31 | -0.48x |
| 2004-02-29 | -2.09x |
| 2003-11-30 | -1.14x |
| 2003-08-31 | -1.64x |
