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. Q4 FY2024 (2024-04-30): -483.93x.
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 · INDUSTRIALS
7.85x
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-6264.69%
vs the sector median at left
Red Cat Holdings, Inc.
Market Cap
$1.03B
Interest Coverage Ratio
-483.93x
TTM Avg
-342.60x
3Y Avg
-173.39x
5Y Avg
-183.20x
Market Cap
$996.17M
Interest Coverage Ratio
184.72x
TTM Avg
104.44x
3Y Avg
104.44x
5Y Avg
104.44x
Market Cap
$1.07B
Interest Coverage Ratio
-4.85x
TTM Avg
2.99x
3Y Avg
2.94x
5Y Avg
2.92x
Market Cap
$1.07B
Interest Coverage Ratio
16.37x
TTM Avg
11.75x
3Y Avg
7.00x
5Y Avg
7.00x
Market Cap
$917.12M
Interest Coverage Ratio
N/A
TTM Avg
8.10x
3Y Avg
20.27x
5Y Avg
20.27x
Market Cap
$1.16B
Interest Coverage Ratio
1.46x
TTM Avg
1.49x
3Y Avg
2.28x
5Y Avg
3.10x
Market Cap
$1.31B
Interest Coverage Ratio
-11.68x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$416.30M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$299.39M
Interest Coverage Ratio
-216.19x
TTM Avg
0.39x
3Y Avg
0.39x
5Y Avg
0.39x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Red Cat Holdings, Inc. (RCAT) | $1.03B | -483.93x | -342.60x | -173.39x | -183.20x |
| Upwork Inc. (UPWK)vs › | $996.17M | 184.72x | 104.44x | 104.44x | 104.44x |
| T1 Energy Inc (TE)vs › | $1.07B | -4.85x | 2.99x | 2.94x | 2.92x |
| Power Solutions International, Inc. (PSIX)vs › | $1.07B | 16.37x | 11.75x | 7.00x | 7.00x |
| Kforce Inc. (KFRC)vs › | $917.12M | N/A | 8.10x | 20.27x | 20.27x |
| Ameresco, Inc. (AMRC)vs › | $1.16B | 1.46x | 1.49x | 2.28x | 3.10x |
| FuelCell Energy, Inc. (FCEL)vs › | $1.31B | -11.68x | N/A | N/A | N/A |
| Deep Fission, Inc. (FISN)vs › | $416.30M | N/A | N/A | N/A | N/A |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $299.39M | -216.19x | 0.39x | 0.39x | 0.39x |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $237.42M | -0.14x | 1.98x | 1.98x | 1.98x |
Interest Coverage
-483.9x
Debt/Equity
0.05
Current Ratio
14.86
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 |
