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 10.73x is 135% above its 5-year average of -30.98x, near the high end of its 5-year range (-118.61x–26.79x).
30.97% below its 12-month average of 15.54x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 21.16x.
INTEREST COVERAGE RATIO
10.73x
INTEREST COVERAGE RATIO AVG TTM
15.54x
INTEREST COVERAGE RATIO AVG 3Y
-7.44x
INTEREST COVERAGE RATIO AVG 5Y
-30.98x
INTEREST COVERAGE RATIO AVG 10Y
-21.15x
INTEREST COVERAGE RATIO AVG 15Y
-2.71x
INTEREST COVERAGE RATIO AVG 20Y
0.26x
CURRENT VS TTM AVG
-30.97%
CURRENT VS 3Y AVG
+244.31%
CURRENT VS 5Y AVG
+134.63%
CURRENT VS 10Y AVG
+150.73%
CURRENT VS 15Y AVG
+496.47%
CURRENT VS 20Y AVG
+4074.48%
SECTOR MEDIAN · TECHNOLOGY
0.30x
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
+3476.67%
vs the sector median at left
Remitly Global, Inc.
Market Cap
$4.89B
Interest Coverage Ratio
10.73x
TTM Avg
15.54x
3Y Avg
-7.44x
5Y Avg
-30.98x
Market Cap
$4.89B
Interest Coverage Ratio
7.78x
TTM Avg
10.45x
3Y Avg
10.41x
5Y Avg
10.41x
Market Cap
$4.83B
Interest Coverage Ratio
15.73x
TTM Avg
26.05x
3Y Avg
30.88x
5Y Avg
32.67x
Market Cap
$4.95B
Interest Coverage Ratio
12.77x
TTM Avg
17.20x
3Y Avg
31.85x
5Y Avg
29.30x
Market Cap
$4.82B
Interest Coverage Ratio
4.43x
TTM Avg
5.56x
3Y Avg
7.95x
5Y Avg
7.76x
Market Cap
$5.04B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.66B
Interest Coverage Ratio
-5.46x
TTM Avg
7.19x
3Y Avg
5.61x
5Y Avg
5.61x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Remitly Global, Inc. (RELY) | $4.89B | 10.73x | 15.54x | -7.44x | -30.98x |
| Box, Inc. (BOX)vs › | $4.89B | 7.78x | 10.45x | 10.41x | 10.41x |
| ACM Research, Inc. (ACMR)vs › | $4.83B | 15.73x | 26.05x | 30.88x | 32.67x |
| Diodes Incorporated (DIOD)vs › | $4.95B | 12.77x | 17.20x | 31.85x | 29.30x |
| Insight Enterprises, Inc. (NSIT)vs › | $4.82B | 4.43x | 5.56x | 7.95x | 7.76x |
| Klaviyo, Inc. (KVYO)vs › | $4.97B | N/A | N/A | N/A | N/A |
| Rigetti Computing, Inc. (RGTI)vs › | $5.04B | N/A | N/A | N/A | N/A |
| Navan, Inc. (NAVN)vs › | $5.10B | -3.84x | N/A | N/A | N/A |
| Synaptics Incorporated (SYNA)vs › | $4.66B | -5.46x | 7.19x | 5.61x | 5.61x |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.12B | -24.06x | 1268.85x | 1115.94x | 772.06x |
Interest Coverage
10.7x
Debt/Equity
0.03
Current Ratio
3.18
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 |
|---|---|
| 2026-06-30 | 21.16x |
| 2026-03-31 | 26.79x |
| 2025-12-31 | 15.33x |
| 2025-09-30 | 5.57x |
| 2025-06-30 | 8.87x |
| 2025-03-31 | 9.42x |
| 2024-12-31 | -3.87x |
| 2024-09-30 | 0.48x |
| 2024-06-30 | -21.16x |
| 2024-03-31 | -25.95x |
| 2023-12-31 | -39.44x |
| 2023-09-30 | -63.08x |
| 2023-06-30 | -30.78x |
| 2023-03-31 | -72.15x |
| 2022-12-31 | -69.93x |
| 2022-09-30 | -107.93x |
| 2022-06-30 | -118.61x |
| 2022-03-31 | -74.04x |
| 2021-12-31 | -79.51x |
| 2021-09-30 | -24.74x |
| 2021-06-30 | -7.02x |
| 2021-03-31 | -33.10x |
| 2020-12-31 | -54.58x |
| 2020-09-30 | -7.10x |
| 2017-12-31 | 3.41x |
| 2017-09-30 | -3.66x |
| 2017-06-30 | 0.44x |
| 2017-03-31 | -0.16x |
| 2016-12-31 | -8.43x |
| 2016-09-30 | -0.22x |
| 2016-06-30 | 0.79x |
| 2016-03-31 | 0.03x |
| 2015-12-31 | 0.41x |
| 2015-09-30 | 1.18x |
| 2015-06-30 | 3.17x |
| 2015-03-31 | 0.91x |
| 2014-12-31 | 29.15x |
| 2014-09-30 | 5.95x |
| 2014-06-30 | 4.82x |
| 2014-03-31 | 2.24x |
| 2013-12-31 | 1.62x |
| 2013-09-30 | 2.76x |
| 2013-06-30 | 2.02x |
| 2013-03-31 | 1.86x |
| 2012-12-31 | 1.87x |
| 2012-09-30 | 1.14x |
| 2012-06-30 | -2.64x |
| 2012-03-31 | -0.08x |
| 2011-12-31 | -4.61x |
| 2011-09-30 | -0.44x |
| 2011-06-30 | -2.52x |
| 2011-03-31 | 5.81x |
| 2010-12-31 | 1.70x |
| 2010-09-30 | 1.76x |
| 2010-06-30 | 1.50x |
| 2010-03-31 | 1.55x |
| 2009-12-31 | 6.13x |
| 2007-09-30 | 0.93x |
| 2007-06-30 | 1.00x |
| 2007-03-31 | -22.66x |
| 2006-12-31 | 1.42x |
| 2005-12-31 | 1.31x |
| 2004-12-31 | 1.52x |
| 2003-12-31 | 3.76x |
| 2002-12-31 | 2.31x |
