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 -41.47x is 148% below its 4-year average of -16.71x, around the middle of its 4-year range (-99.74x–-3.18x).
As of the fiscal period ended Tuesday, December 31, 2024. 88.00% below its 12-month average of -22.06x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2024 (2024-12-31): -41.47x.
INTEREST COVERAGE RATIO
-41.47x
INTEREST COVERAGE RATIO AVG TTM
-22.06x
INTEREST COVERAGE RATIO AVG 3Y
-16.20x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-88.00%
CURRENT VS 3Y AVG
-155.89%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.05x
median of 168 covered companies
CURRENT VS SECTOR MEDIAN
-688.18%
vs the sector median at left
Rigetti Computing, Inc.
Market Cap
$5.09B
Interest Coverage Ratio
-41.47x
TTM Avg
-22.06x
3Y Avg
-16.20x
5Y Avg
N/A
Market Cap
$5.26B
Interest Coverage Ratio
N/A
TTM Avg
0.10x
3Y Avg
1.93x
5Y Avg
1.93x
Market Cap
$5.31B
Interest Coverage Ratio
-24.06x
TTM Avg
1268.85x
3Y Avg
1115.94x
5Y Avg
772.06x
Market Cap
$4.82B
Interest Coverage Ratio
12.77x
TTM Avg
17.20x
3Y Avg
31.85x
5Y Avg
29.30x
Market Cap
$4.77B
Interest Coverage Ratio
7.78x
TTM Avg
10.45x
3Y Avg
10.41x
5Y Avg
10.41x
Market Cap
$4.71B
Interest Coverage Ratio
26.50x
TTM Avg
15.41x
3Y Avg
15.41x
5Y Avg
15.41x
Market Cap
$5.49B
Interest Coverage Ratio
-11.36x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.54B
Interest Coverage Ratio
22.24x
TTM Avg
30.41x
3Y Avg
37.16x
5Y Avg
31.02x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rigetti Computing, Inc. (RGTI) | $5.09B | -41.47x | -22.06x | -16.20x | N/A |
| Core Scientific, Inc. (CORZ)vs › | $5.26B | N/A | 0.10x | 1.93x | 1.93x |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.31B | -24.06x | 1268.85x | 1115.94x | 772.06x |
| Diodes Incorporated (DIOD)vs › | $4.82B | 12.77x | 17.20x | 31.85x | 29.30x |
| Box, Inc. (BOX)vs › | $4.77B | 7.78x | 10.45x | 10.41x | 10.41x |
| Klaviyo, Inc. (KVYO)vs › | $4.73B | N/A | N/A | N/A | N/A |
| Dave Inc. (DAVE)vs › | $4.71B | 26.50x | 15.41x | 15.41x | 15.41x |
| Varonis Systems, Inc. (VRNS)vs › | $5.49B | -11.36x | N/A | N/A | N/A |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.54B | 22.24x | 30.41x | 37.16x | 31.02x |
| Genpact Limited (G)vs › | $5.66B | 10.34x | 9.59x | 9.33x | 8.97x |
Interest Coverage
-41.5x
Debt/Equity
0.01
Current Ratio
3.94
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 |
|---|---|
| 2024-12-31 | -41.47x |
| 2024-09-30 | -23.66x |
| 2024-06-30 | -16.60x |
| 2024-03-31 | -14.98x |
| 2023-12-31 | -13.57x |
| 2023-09-30 | -11.43x |
| 2023-06-30 | -10.32x |
| 2023-03-31 | -15.04x |
| 2022-12-31 | -18.12x |
| 2022-09-30 | -21.81x |
| 2022-06-30 | -24.77x |
| 2022-03-31 | -20.97x |
| 2021-12-31 | -3.18x |
| 2021-09-30 | -15.57x |
| 2021-06-30 | -23.89x |
| 2021-03-31 | -99.74x |