Interest Coverage Ratio: 15.05x
Is the interest coverage ratio high or low?
The interest coverage ratio of 15.05x is 45% below its 5-year average of 27.19x, near the low end of its 5-year range (11.80x–65.80x).
As of Sunday, June 28, 2026. 3.84% below its 12-month average of 15.65x.
RIO Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
RIO Average Interest Coverage Ratio Chart
RIO Current vs Average Interest Coverage Ratio Chart
RIO Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
15.05x
INTEREST COVERAGE RATIO AVG TTM
15.65x
INTEREST COVERAGE RATIO AVG 3Y
15.45x
INTEREST COVERAGE RATIO AVG 5Y
27.19x
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
-3.84%
CURRENT VS 3Y AVG
-2.58%
CURRENT VS 5Y AVG
-44.67%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
RIO Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rio Tinto Group (RIO) | $152.24B | 15.05x | 15.65x | 15.45x | 27.19x |
| Southern Copper Corporation (SCCO)vs › | $142.89B | 18.95x | 17.79x | 15.36x | 14.49x |
| Newmont Corporation (NEM)vs › | $102.62B | 34.40x | 24.66x | 14.77x | 12.75x |
| BHP Group Limited (BHP)vs › | $205.82B | 21.26x | 18.34x | 32.47x | 32.37x |
| Freeport-McMoRan Inc. (FCX)vs › | $89.60B | 17.05x | 19.29x | 15.97x | 13.34x |
| The Sherwin-Williams Company (SHW)vs › | $84.86B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $79.83B | 12.08x | 9.90x | 8.00x | 7.79x |
| CRH plc (CRH)vs › | $72.84B | 6.57x | 7.45x | 9.95x | 8.88x |
| Vale S.A. (VALE)vs › | $64.27B | 7.12x | 8.31x | 10.42x | 10.10x |
| Linde plc (LIN)vs › | $240.38B | 42.15x | 28.59x | 26.86x | 29.13x |
Financial Health Indicators
Interest Coverage
15.0x
Debt/Equity
0.38
Current Ratio
1.44
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 Rio Tinto Group (RIO)?
- The interest coverage ratio for RIO stock is 15.05x.
- Is Rio Tinto Group's interest coverage ratio high or low?
- The interest coverage ratio of 15.05x is 45% below its 5-year average of 27.19x, near the low end of its 5-year range (11.80x–65.80x).
- What is the TTM average interest coverage ratio for Rio Tinto Group (RIO)?
- The TTM average interest coverage ratio for RIO stock is 15.65x.
- What is the 3Y average interest coverage ratio for Rio Tinto Group (RIO)?
- The 3Y average interest coverage ratio for RIO stock is 15.45x.
- What is the 5Y average interest coverage ratio for Rio Tinto Group (RIO)?
- The 5Y average interest coverage ratio for RIO stock is 27.19x.
RIO Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2025-12-31 | 15.05x |
| 2025-06-30 | 12.34x |
| 2024-12-31 | 19.55x |
| 2024-06-30 | 21.68x |
| 2023-12-31 | 11.80x |
| 2023-06-30 | 11.96x |
| 2022-12-31 | 15.74x |
| 2022-06-30 | 46.41x |
| 2021-12-31 | 37.63x |
| 2021-06-30 | 65.80x |
| 2020-12-31 | 41.16x |
| 2020-06-30 | 19.96x |
| 2019-12-31 | 17.47x |
| 2019-06-30 | 17.35x |
About Rio Tinto Group
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum and lithium segment is involved in bauxite mining; alumina refining; and aluminium smelting, and recycling, as well as mining and processing of lithium. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- Simon Callas Trott