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Planet Labs PBC (PL)
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Planet Labs PBC (PL) Interest Coverage Ratio: -27.67x

The interest coverage ratio for Planet Labs PBC (PL) is -27.67x as of Friday, June 12, 2026.

PL Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

-27.67x

PL Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Planet Labs PBC (PL)$11.38B-27.67xN/AN/AN/A
Pentair plc (PNR)$11.73B12.36x10.71x9.33x17.93x
Powell Industries, Inc. (POWL)$10.58BN/A47.61x48.35x62.70x
Gartner, Inc. (IT)$9.92B9.15x8.98x9.00x8.00x
CNH Industrial N.V. (CNH)$12.85B1.80x2.10x3.45x3.77x
AGCO Corporation (AGCO)$8.04B10.52x8.31x17.64x22.65x
Generac Holdings Inc. (GNRC)$14.81B4.09x5.04x6.09x10.13x
Matson, Inc. (MATX)$6.02B27.49x50.56x49.91x43.16x
Primoris Services Corporation (PRIM)$5.13B14.42x9.64x6.88x8.05x
Fortive Corporation (FTV)$18.24B7.54x7.62x8.66x7.85x

Financial Health Indicators

Interest Coverage

-27.7x

Debt/Equity

2.45

Current Ratio

1.65

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Planet Labs PBC Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Planet Labs PBC Interest Coverage Ratio FAQ

What is the interest coverage ratio for Planet Labs PBC (PL)?
The interest coverage ratio for PL stock is -27.67x.

About Planet Labs PBC

Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform. The company's offerings include a proprietary, cloud-native technological solution, branded as "Open Geospatial Consortium," that meticulously processes and unifies imagery for temporal analysis and advanced data integration. Additionally, they furnish space-based equipment and complementary software systems. Planet Labs caters to a diverse clientele across sectors such as agriculture, cartography, forestry, and the finance and insurance industries, alongside federal, state, and municipal government bodies. The organization was established in 2010 and maintains its primary operational base in San Francisco, California.

San Francisco, CA
810 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
William Spencer Marshall