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 -483.93x is 164% below its 3-year average of -183.20x, near the low end of its 3-year range (-483.93x–-0.15x).
As of the fiscal period ended Tuesday, April 30, 2024. 41.25% below its 12-month average of -342.60x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-483.93x
INTEREST COVERAGE RATIO AVG TTM
-342.60x
INTEREST COVERAGE RATIO AVG 3Y
-173.39x
INTEREST COVERAGE RATIO AVG 5Y
-183.20x
INTEREST COVERAGE RATIO AVG 10Y
-61.64x
INTEREST COVERAGE RATIO AVG 15Y
-35.55x
INTEREST COVERAGE RATIO AVG 20Y
-20.69x
CURRENT VS TTM AVG
-41.25%
CURRENT VS 3Y AVG
-179.09%
CURRENT VS 5Y AVG
-164.15%
CURRENT VS 10Y AVG
-685.05%
CURRENT VS 15Y AVG
-1261.22%
CURRENT VS 20Y AVG
-2239.44%
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
-6417.60%
vs the sector median at left
Red Cat Holdings, Inc.
Market Cap
$1.04B
Interest Coverage Ratio
-483.93x
TTM Avg
-342.60x
3Y Avg
-173.39x
5Y Avg
-183.20x
Market Cap
$1.07B
Interest Coverage Ratio
0.66x
TTM Avg
0.66x
3Y Avg
0.66x
5Y Avg
0.66x
Market Cap
$1.16B
Interest Coverage Ratio
-235.09x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.25B
Interest Coverage Ratio
5.30x
TTM Avg
3.89x
3Y Avg
4.30x
5Y Avg
3.39x
Market Cap
$821.29M
Interest Coverage Ratio
-10.57x
TTM Avg
6.32x
3Y Avg
6.11x
5Y Avg
17.93x
Market Cap
$749.77M
Interest Coverage Ratio
-90.32x
TTM Avg
4.94x
3Y Avg
13.76x
5Y Avg
16.49x
Market Cap
$597.17M
Interest Coverage Ratio
0.38x
TTM Avg
0.38x
3Y Avg
0.38x
5Y Avg
21.92x
Market Cap
$567.12M
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 |
|---|---|---|---|---|---|
| Red Cat Holdings, Inc. (RCAT) | $1.04B | -483.93x | -342.60x | -173.39x | -183.20x |
| PagerDuty, Inc. (PD)vs › | $1.07B | 0.66x | 0.66x | 0.66x | 0.66x |
| POET Technologies Inc. (POET)vs › | $1.16B | -235.09x | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.25B | 5.30x | 3.89x | 4.30x | 3.39x |
| LightPath Technologies, Inc. (LPTH)vs › | $821.29M | -10.57x | 6.32x | 6.11x | 17.93x |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $749.77M | -90.32x | 4.94x | 13.76x | 16.49x |
| Methode Electronics, Inc. (MEI)vs › | $597.17M | 0.38x | 0.38x | 0.38x | 21.92x |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $567.12M | N/A | N/A | N/A | N/A |
| C3.ai, Inc. (AI)vs › | $1.57B | N/A | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $350.49M | -821.51x | 0.16x | 0.16x | 0.16x |
Interest Coverage
-483.9x
Debt/Equity
0.06
Current Ratio
10.99
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 |
|---|---|
| 2024-04-30 | -483.93x |
| 2024-01-31 | -286.80x |
| 2023-10-31 | -248.39x |
| 2023-07-31 | -243.92x |
| 2023-04-30 | -449.99x |
| 2023-01-31 | -180.84x |
| 2022-10-31 | -195.50x |
| 2022-07-31 | -97.49x |
| 2022-04-30 | -142.03x |
| 2022-01-31 | -67.90x |
| 2021-10-31 | -59.98x |
| 2021-07-31 | -98.23x |
| 2021-04-30 | -9.67x |
| 2021-01-31 | -0.15x |
| 2019-03-31 | -1.35x |
| 2018-12-31 | -6.00x |
| 2018-09-30 | -3.48x |
| 2018-06-30 | -4.64x |
| 2018-03-31 | -3.93x |
| 2017-12-31 | -3.02x |
| 2017-09-30 | -3.40x |
| 2017-06-30 | -8.48x |
| 2017-03-31 | -33.19x |
| 2016-12-31 | 20.83x |
| 2016-09-30 | -138.25x |
| 2016-06-30 | 235.51x |
| 2016-03-31 | -23.36x |
| 2015-12-31 | -1031.45x |
| 2015-09-30 | -192.72x |
| 2015-06-30 | -1.94x |
| 2015-03-31 | -0.45x |
| 2014-12-31 | 1.74x |
| 2014-09-30 | -57.55x |
| 2014-06-30 | -56.36x |
| 2014-03-31 | -31.43x |
| 2013-09-30 | -50.16x |
| 2013-06-30 | -7.70x |
| 2013-03-31 | -5.75x |
| 2012-12-31 | -27.51x |
| 2012-09-30 | -12.92x |
| 2012-06-30 | -17.22x |
| 2012-03-31 | -12.72x |
| 2011-12-31 | 1.01x |
| 2011-09-30 | 1.15x |
| 2011-06-30 | -98.29x |
| 2011-03-31 | -3.31x |
| 2010-12-31 | 3.70x |
| 2010-09-30 | -5.52x |
| 2010-06-30 | 0.38x |
| 2010-03-31 | 2.08x |
| 2009-12-31 | -3.94x |
| 2009-09-30 | 0.06x |
| 2009-06-30 | 0.06x |
| 2009-03-31 | -5.38x |
| 2008-12-31 | -69.78x |
| 2008-09-30 | 0.13x |
| 2008-06-30 | 0.13x |
| 2008-03-31 | -15.90x |
| 2007-12-31 | -5.14x |
| 2007-09-30 | -0.83x |
| 2007-06-30 | -0.83x |
| 2007-03-31 | -6.20x |
| 2006-12-31 | -76.07x |
| 2006-09-30 | -0.32x |
| 2006-06-30 | -0.32x |
| 2006-03-31 | -51.21x |
| 2005-12-31 | -0.17x |
| 2005-09-30 | -4.28x |
| 2005-06-30 | -4.28x |
| 2005-03-31 | -4.28x |
| 2004-12-31 | 10.03x |
| 2004-09-30 | -1.06x |
| 2004-06-30 | -1.16x |
| 2002-06-30 | 8.34x |
