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 -37.58x is 178% below its 2-year average of -13.53x, near the low end of its 2-year range (-37.58x–10.51x).
As of the fiscal period ended Sunday, December 31, 2023.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2023 (2023-12-31): -37.58x.
INTEREST COVERAGE RATIO
-37.58x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-13.53x
INTEREST COVERAGE RATIO AVG 5Y
-13.53x
INTEREST COVERAGE RATIO AVG 10Y
-13.53x
INTEREST COVERAGE RATIO AVG 15Y
-9.46x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-177.70%
CURRENT VS 5Y AVG
-177.70%
CURRENT VS 10Y AVG
-177.70%
CURRENT VS 15Y AVG
-297.31%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.34x
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
-11152.55%
vs the sector median at left
Radware Ltd.
Market Cap
$1.32B
Interest Coverage Ratio
-37.58x
TTM Avg
N/A
3Y Avg
-13.53x
5Y Avg
-13.53x
Market Cap
$1.33B
Interest Coverage Ratio
-0.76x
TTM Avg
0.57x
3Y Avg
0.57x
5Y Avg
0.66x
Market Cap
$1.34B
Interest Coverage Ratio
169.37x
TTM Avg
201.42x
3Y Avg
224.04x
5Y Avg
285.90x
Market Cap
$1.27B
Interest Coverage Ratio
0.58x
TTM Avg
0.58x
3Y Avg
1.28x
5Y Avg
26.35x
Market Cap
$1.38B
Interest Coverage Ratio
N/A
TTM Avg
0.41x
3Y Avg
0.59x
5Y Avg
0.51x
Market Cap
$1.40B
Interest Coverage Ratio
0.66x
TTM Avg
0.66x
3Y Avg
0.66x
5Y Avg
0.66x
Market Cap
$1.24B
Interest Coverage Ratio
14.96x
TTM Avg
12.80x
3Y Avg
9.85x
5Y Avg
11.17x
Market Cap
$1.23B
Interest Coverage Ratio
-5.49x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.22B
Interest Coverage Ratio
4.48x
TTM Avg
6.55x
3Y Avg
7.59x
5Y Avg
6.42x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Radware Ltd. (RDWR) | $1.32B | -37.58x | N/A | -13.53x | -13.53x |
| Quantum Corporation (QMCO)vs › | $1.33B | -0.76x | 0.57x | 0.57x | 0.66x |
| Cricut, Inc. (CRCT)vs › | $1.34B | 169.37x | 201.42x | 224.04x | 285.90x |
| Digital Turbine, Inc. (APPS)vs › | $1.27B | 0.58x | 0.58x | 1.28x | 26.35x |
| Vistance Networks, Inc. (VISN)vs › | $1.38B | N/A | 0.41x | 0.59x | 0.51x |
| PagerDuty, Inc. (PD)vs › | $1.40B | 0.66x | 0.66x | 0.66x | 0.66x |
| ScanSource, Inc. (SCSC)vs › | $1.24B | 14.96x | 12.80x | 9.85x | 11.17x |
| Boost Run Inc. Class A Common Stock (BRUN)vs › | $1.23B | -5.49x | N/A | N/A | N/A |
| Harmonic Inc. (HLIT)vs › | $1.22B | 4.48x | 6.55x | 7.59x | 6.42x |
| Mega Fortune Company Limited (MGRT)vs › | $1.44B | 111.53x | 69.64x | 44.68x | 44.68x |
Interest Coverage
-37.6x
Debt/Equity
0.05
Current Ratio
1.63
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 |
|---|---|
| 2023-12-31 | -37.58x |
| 2021-12-31 | 10.51x |
| 2011-12-31 | 8.01x |
| 2011-09-30 | 6.33x |
| 2011-06-30 | 3.03x |
| 2009-12-31 | -1.02x |
| 2009-06-30 | -3.12x |
| 2009-03-31 | -61.84x |