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 -11.07x is 45% above its 5-year average of -20.22x, near the high end of its 5-year range (-198.00x–30.50x).
39.93% below its 12-month average of -7.91x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -3.74x.
INTEREST COVERAGE RATIO
-11.07x
INTEREST COVERAGE RATIO AVG TTM
-7.91x
INTEREST COVERAGE RATIO AVG 3Y
-7.92x
INTEREST COVERAGE RATIO AVG 5Y
-20.22x
INTEREST COVERAGE RATIO AVG 10Y
-36.55x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-39.93%
CURRENT VS 3Y AVG
-39.85%
CURRENT VS 5Y AVG
+45.26%
CURRENT VS 10Y AVG
+69.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
2.13x
median of 372 covered companies
CURRENT VS SECTOR MEDIAN
-620.94%
vs the sector median at left
Polar Power, Inc.
Market Cap
$3.17M
Interest Coverage Ratio
-11.07x
TTM Avg
-7.91x
3Y Avg
-7.92x
5Y Avg
-20.22x
Market Cap
$3.27M
Interest Coverage Ratio
-88.39x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.35M
Interest Coverage Ratio
-2.49x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.93M
Interest Coverage Ratio
-281.94x
TTM Avg
21.59x
3Y Avg
85.31x
5Y Avg
85.31x
Market Cap
$2.92M
Interest Coverage Ratio
-161.62x
TTM Avg
97.00x
3Y Avg
97.00x
5Y Avg
97.00x
Market Cap
$2.80M
Interest Coverage Ratio
-35.65x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.59M
Interest Coverage Ratio
N/A
TTM Avg
2.04x
3Y Avg
2.04x
5Y Avg
2.04x
Market Cap
$2.73M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Polar Power, Inc. (POLA) | $3.17M | -11.07x | -7.91x | -7.92x | -20.22x |
| Iveda Solutions, Inc. (IVDA)vs › | $3.27M | -88.39x | N/A | N/A | N/A |
| PTL Limited (PTLE)vs › | $3.03M | N/A | N/A | N/A | N/A |
| Addentax Group Corp. (ATXG)vs › | $3.35M | -2.49x | N/A | N/A | N/A |
| Intelligent Group Limited (INTJ)vs › | $2.93M | -281.94x | 21.59x | 85.31x | 85.31x |
| BioNexus Gene Lab Corp. (BGLC)vs › | $2.92M | -161.62x | 97.00x | 97.00x | 97.00x |
| DEFSEC Technologies Inc. (DFSC)vs › | $2.80M | -35.65x | N/A | N/A | N/A |
| Baiya International Group Inc. (BIYA)vs › | $3.59M | N/A | 2.04x | 2.04x | 2.04x |
| Top KingWin Ltd. Class A (DPU)vs › | $2.73M | N/A | N/A | N/A | N/A |
| Globavend Holdings Limited (GVH)vs › | $2.70M | 962.82x | 761.40x | 723.81x | 2024.65x |
Interest Coverage
-11.1x
Debt/Equity
4.60
Current Ratio
1.34
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 | -3.74x |
| 2026-03-31 | 0.12x |
| 2025-12-31 | -18.84x |
| 2025-09-30 | -16.45x |
| 2025-06-30 | -0.64x |
| 2025-03-31 | -6.71x |
| 2024-12-31 | -18.93x |
| 2024-09-30 | 0.26x |
| 2024-06-30 | 2.57x |
| 2024-03-31 | -12.14x |
| 2023-12-31 | -16.15x |
| 2023-09-30 | -9.78x |
| 2023-06-30 | -2.46x |
| 2023-03-31 | -13.27x |
| 2022-12-31 | -69.74x |
| 2022-09-30 | -198.00x |
| 2022-06-30 | -51.79x |
| 2022-03-31 | -85.15x |
| 2021-12-31 | 30.50x |
| 2021-09-30 | -54.43x |
| 2021-06-30 | -57.67x |
| 2021-03-31 | -118.63x |
| 2020-12-31 | -1817.50x |
| 2020-09-30 | -428.45x |
| 2020-06-30 | -163.93x |
| 2020-03-31 | -110.48x |
| 2019-12-31 | -67.81x |
| 2019-09-30 | 3.09x |
| 2019-06-30 | 57.19x |
| 2019-03-31 | 7.11x |
| 2018-12-31 | -17.43x |
| 2018-09-30 | -275.10x |
| 2018-06-30 | 99.52x |
| 2018-03-31 | -108.74x |
| 2017-12-31 | -131.00x |
| 2017-09-30 | -154.30x |
| 2017-06-30 | -108.00x |
| 2017-03-31 | 202.36x |
| 2016-12-31 | 188.75x |
| 2016-09-30 | 80.70x |
| 2016-06-30 | 19.47x |
| 2016-03-31 | 39.67x |
| 2015-09-30 | 18.83x |
