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 -5.18x is 1336% below its 5-year average of 0.42x, near the low end of its 5-year range (-55.28x–3103.50x).
19.46% below its 12-month average of -4.34x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-28): -0.40x.
INTEREST COVERAGE RATIO
-5.18x
INTEREST COVERAGE RATIO AVG TTM
-4.34x
INTEREST COVERAGE RATIO AVG 3Y
-0.83x
INTEREST COVERAGE RATIO AVG 5Y
0.42x
INTEREST COVERAGE RATIO AVG 10Y
2.28x
INTEREST COVERAGE RATIO AVG 15Y
0.71x
INTEREST COVERAGE RATIO AVG 20Y
0.23x
CURRENT VS TTM AVG
-19.46%
CURRENT VS 3Y AVG
-520.76%
CURRENT VS 5Y AVG
-1335.97%
CURRENT VS 10Y AVG
-326.95%
CURRENT VS 15Y AVG
-831.43%
CURRENT VS 20Y AVG
-2330.08%
SECTOR MEDIAN · HEALTHCARE
-5.87x
median of 489 covered companies
CURRENT VS SECTOR MEDIAN
+11.75%
vs the sector median at left
QuidelOrtho Corporation
Market Cap
$857.24M
Interest Coverage Ratio
-5.18x
TTM Avg
-4.34x
3Y Avg
-0.83x
5Y Avg
0.42x
Market Cap
$858.07M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$863.49M
Interest Coverage Ratio
17.14x
TTM Avg
10.10x
3Y Avg
10.10x
5Y Avg
10.10x
Market Cap
$868.65M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$840.18M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$839.73M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$833.62M
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 |
|---|---|---|---|---|---|
| QuidelOrtho Corporation (QDEL) | $857.24M | -5.18x | -4.34x | -0.83x | 0.42x |
| SI-BONE, Inc. (SIBN)vs › | $860.99M | -4.23x | N/A | N/A | N/A |
| SL Science Holding Ltd (SLBT)vs › | $858.07M | N/A | N/A | N/A | N/A |
| Rigel Pharmaceuticals, Inc. (RIGL)vs › | $863.49M | 17.14x | 10.10x | 10.10x | 10.10x |
| Corvus Pharmaceuticals, Inc. (CRVS)vs › | $868.65M | N/A | N/A | N/A | N/A |
| SpyGlass Pharma, Inc. Common Stock (SGP)vs › | $840.18M | N/A | N/A | N/A | N/A |
| Monte Rosa Therapeutics, Inc. (GLUE)vs › | $839.73M | N/A | N/A | N/A | N/A |
| Alumis Inc. (ALMS)vs › | $835.64M | N/A | N/A | N/A | N/A |
| Beta Bionics, Inc. (BBNX)vs › | $833.62M | N/A | N/A | N/A | N/A |
| Pacific Biosciences of California, Inc. (PACB)vs › | $830.86M | -80.18x | N/A | N/A | N/A |
Interest Coverage
-5.2x
Debt/Equity
1.73
Current Ratio
1.39
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 |
|---|---|
| 2026-06-28 | -0.40x |
| 2026-03-29 | -0.54x |
| 2025-12-28 | -1.54x |
| 2025-09-28 | -15.29x |
| 2025-06-29 | -3.92x |
| 2025-03-30 | 0.77x |
| 2024-12-29 | -2.25x |
| 2024-09-29 | 0.30x |
| 2024-06-30 | -2.46x |
| 2024-03-31 | -55.28x |
| 2023-12-31 | 0.87x |
| 2023-10-01 | 0.90x |
| 2023-07-02 | -0.92x |
| 2023-04-02 | 3.16x |
| 2023-01-01 | 2.65x |
| 2022-10-02 | 1.91x |
| 2022-07-03 | 7.74x |
| 2022-03-31 | 3103.50x |
| 2021-12-31 | 278.23x |
| 2021-09-30 | 216.77x |
| 2021-03-31 | 94.12x |
| 2020-12-31 | 397.60x |
| 2020-09-30 | 171.37x |
| 2020-06-30 | 24.13x |
| 2020-03-31 | 18.39x |
| 2019-12-31 | 13.74x |
| 2019-09-30 | 6.56x |
| 2019-06-30 | 1.29x |
| 2019-03-31 | 6.80x |
| 2018-12-31 | 5.73x |
| 2018-09-30 | 3.53x |
| 2018-06-30 | 0.06x |
| 2018-03-31 | 6.51x |
| 2017-12-31 | 0.42x |
| 2017-09-30 | -0.91x |
| 2017-06-30 | -3.97x |
| 2017-03-31 | 6.81x |
| 2016-12-31 | 1.88x |
| 2016-09-30 | 0.71x |
| 2016-06-30 | -3.08x |
| 2016-03-31 | -1.29x |
| 2015-12-31 | 0.89x |
| 2015-09-30 | 0.39x |
| 2015-06-30 | -3.21x |
| 2015-03-31 | 3.00x |
| 2014-12-31 | 15.75x |
| 2014-09-30 | -45.18x |
| 2014-06-30 | -26.84x |
| 2014-03-31 | -12.22x |
| 2013-12-31 | 0.36x |
| 2013-09-30 | -31.25x |
| 2013-06-30 | -36.53x |
| 2013-03-31 | 84.26x |
| 2012-12-31 | 54.09x |
| 2012-09-30 | -4.27x |
| 2012-06-30 | -15.48x |
| 2012-03-31 | 1.15x |
| 2011-12-31 | 4.82x |
| 2011-09-30 | -2.56x |
| 2011-06-30 | -10.23x |
| 2011-03-31 | 27.40x |
| 2010-12-31 | -0.86x |
| 2010-09-30 | -5.19x |
| 2010-06-30 | -12.32x |
| 2010-03-31 | -9.56x |
| 2009-12-31 | 103.17x |
| 2009-09-30 | 163.89x |
| 2009-06-30 | 7.21x |
| 2009-03-31 | -29.03x |
| 2008-12-31 | 54.65x |
| 2008-09-30 | 44.29x |
| 2005-12-31 | 115.64x |
| 2005-09-30 | 8.30x |
| 2005-06-30 | -4.32x |
| 2005-03-31 | -0.85x |
| 2003-12-31 | 7.05x |
| 2003-09-30 | -0.29x |
| 2003-06-30 | -0.41x |
