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 -6911.00x is 56% below its 1-year average of -4428.36x, near the low end of its 1-year range (-6911.00x–-590.08x).
As of the fiscal period ended Friday, December 31, 2021.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2021 (2021-12-31): -6911.00x.
INTEREST COVERAGE RATIO
-6911.00x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.30x
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
-2303766.67%
vs the sector median at left
Palladyne AI Corp.
Market Cap
$253.23M
Interest Coverage Ratio
-6911.00x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$251.26M
Interest Coverage Ratio
-1.21x
TTM Avg
2.76x
3Y Avg
2.33x
5Y Avg
3.94x
Market Cap
$243.65M
Interest Coverage Ratio
N/A
TTM Avg
9.59x
3Y Avg
9.59x
5Y Avg
9.59x
Market Cap
$242.10M
Interest Coverage Ratio
N/A
TTM Avg
79.80x
3Y Avg
52.97x
5Y Avg
52.97x
Market Cap
$264.86M
Interest Coverage Ratio
-1.62x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$265.86M
Interest Coverage Ratio
-197.06x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.51M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$268.14M
Interest Coverage Ratio
2.00x
TTM Avg
2.24x
3Y Avg
2.24x
5Y Avg
40.77x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palladyne AI Corp. (PDYN) | $253.23M | -6911.00x | N/A | N/A | N/A |
| Conduent Incorporated (CNDT)vs › | $251.26M | -1.21x | 2.76x | 2.33x | 3.94x |
| Vuzix Corp. (VUZI)vs › | $243.65M | N/A | 9.59x | 9.59x | 9.59x |
| Bgin Blockchain Limited (BGIN)vs › | $242.10M | N/A | 79.80x | 52.97x | 52.97x |
| Commerce.com, Inc. (CMRC)vs › | $264.86M | -1.62x | N/A | N/A | N/A |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $265.86M | -197.06x | N/A | N/A | N/A |
| Aeluma, Inc. (ALMU)vs › | $240.17M | N/A | N/A | N/A | N/A |
| Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU)vs › | $266.51M | N/A | N/A | N/A | N/A |
| Turtle Beach Corporation (TBCH)vs › | $268.14M | 2.00x | 2.24x | 2.24x | 40.77x |
| Immersion Corporation (IMMR)vs › | $237.99M | 2.17x | 7.21x | 7.21x | 7.21x |
Interest Coverage
-6911.0x
Debt/Equity
0.15
Current Ratio
6.30
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 |
|---|---|
| 2021-12-31 | -6911.00x |
| 2021-09-30 | -5784.00x |
| 2021-06-30 | -590.08x |
