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RCATRed Cat Holdings, Inc.

Interest Coverage Ratio: -483.93x

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 Thursday, June 25, 2026. 41.25% below its 12-month average of -342.60x.

Interest Coverage

RCAT Interest Coverage Ratio

-483.93x

Reported quarterly interest coverage; no daily interpolation.

-15950.43% 5Y
RCAT Interest Coverage Ratio

RCAT Average Interest Coverage Ratio Chart

RCAT Interest Coverage Ratio

RCAT Current vs Average Interest Coverage Ratio Chart

RCAT Interest Coverage Ratio Metrics

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%

RCAT Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Red Cat Holdings, Inc. (RCAT)$960.91M-483.93x-342.60x-173.39x-183.20x
PagerDuty, Inc. (PD)vs ›$780.78M0.66x0.66x0.66x0.66x
ZoomInfo Technologies Inc. (GTM)vs ›$769.21M5.30x3.89x4.30x3.39x
BTQ Technologies Corp. Common Stock (BTQ)vs ›$766.18MN/AN/AN/AN/A
Oddity Tech Ltd. (ODD)vs ›$748.94MN/A1521.05x771.65x518.88x
C3.ai, Inc. (AI)vs ›$1.24BN/AN/AN/AN/A
Lightwave Logic, Inc. (LWLG)vs ›$1.26BN/AN/AN/AN/A
LightPath Technologies, Inc. (LPTH)vs ›$603.56M-10.57x6.32x6.11x17.93x
POET Technologies Inc. (POET)vs ›$1.34B-235.09xN/AN/AN/A
One Stop Systems, Inc. (OSS)vs ›$401.26M-1339.32x6.49x6.49x6.49x

Financial Health Indicators

Interest Coverage

-483.9x

Debt/Equity

0.07

Current Ratio

15.29

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.

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

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The interest coverage ratio for RCAT stock is -483.93x.
Is Red Cat Holdings, Inc.'s 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).
What is the TTM average interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The TTM average interest coverage ratio for RCAT stock is -342.60x.
What is the 3Y average interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The 3Y average interest coverage ratio for RCAT stock is -173.39x.
What is the 5Y average interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The 5Y average interest coverage ratio for RCAT stock is -183.20x.
What is the 10Y average interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The 10Y average interest coverage ratio for RCAT stock is -61.64x.
What is the 15Y average interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The 15Y average interest coverage ratio for RCAT stock is -35.55x.
What is the 20Y average interest coverage ratio for Red Cat Holdings, Inc. (RCAT)?
The 20Y average interest coverage ratio for RCAT stock is -20.69x.

RCAT Interest Coverage Ratio History

DATEINTEREST 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
2016-12-3120.83x
2016-09-30-138.25x
2016-06-30235.51x
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
2014-12-311.74x
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
2011-12-311.01x
2011-09-301.15x
2011-06-30-98.29x
2011-03-31-3.31x
2010-12-313.70x
2010-09-30-5.52x
2010-06-300.38x
2010-03-312.08x
2009-12-31-3.94x
2009-09-300.06x
2009-06-300.06x
2009-03-31-5.38x
2008-12-31-69.78x
2008-09-300.13x
2008-06-300.13x
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
2004-12-3110.03x
2004-09-30-1.06x
2004-06-30-1.16x
2002-06-308.34x

About Red Cat Holdings, Inc.

Red Cat Holdings, Inc. (RCAT) operates as a multifaceted provider within the drone industry, offering a comprehensive suite of products, services, and innovative solutions. The company develops and supplies unmanned aerial vehicle (UAV) technology tailored for both commercial and government sectors, addressing critical applications such as reconnaissance, public safety, and detailed inspection. Its product portfolio also includes immersive First Person View (FPV) video goggles, alongside specialized software and hardware designed to enable drones to perform inspection tasks even in environments where global positioning systems are inaccessible. Furthermore, Red Cat Holdings actively markets and sells FPV drones and related equipment, predominantly serving the consumer marketplace. The company's operations are headquartered in San Juan, Puerto Rico.

San Juan, PR
115 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
Jeffrey Thompson