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 21.48x is 43% below its 5-year average of 37.79x, near the low end of its 5-year range (18.42x–133.92x).
As of the fiscal period ended Tuesday, June 30, 2026. 51.04% below its 12-month average of 43.89x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
21.48x
INTEREST COVERAGE RATIO AVG TTM
43.89x
INTEREST COVERAGE RATIO AVG 3Y
41.52x
INTEREST COVERAGE RATIO AVG 5Y
37.79x
INTEREST COVERAGE RATIO AVG 10Y
32.43x
INTEREST COVERAGE RATIO AVG 15Y
32.43x
INTEREST COVERAGE RATIO AVG 20Y
28.13x
CURRENT VS TTM AVG
-51.04%
CURRENT VS 3Y AVG
-48.25%
CURRENT VS 5Y AVG
-43.15%
CURRENT VS 10Y AVG
-33.74%
CURRENT VS 15Y AVG
-33.74%
CURRENT VS 20Y AVG
-23.61%
SECTOR MEDIAN · HEALTHCARE
6.77x
median of 71 covered companies
CURRENT VS SECTOR MEDIAN
+217.35%
vs the sector median at left
ResMed Inc.
Market Cap
$31.76B
Interest Coverage Ratio
21.48x
TTM Avg
43.89x
3Y Avg
41.52x
5Y Avg
37.79x
Market Cap
$30.96B
Interest Coverage Ratio
14.80x
TTM Avg
14.41x
3Y Avg
13.27x
5Y Avg
12.34x
Market Cap
$32.81B
Interest Coverage Ratio
-11.24x
TTM Avg
4.28x
3Y Avg
3.30x
5Y Avg
3.63x
Market Cap
$30.68B
Interest Coverage Ratio
12.84x
TTM Avg
11.03x
3Y Avg
12.05x
5Y Avg
13.28x
Market Cap
$30.68B
Interest Coverage Ratio
7.63x
TTM Avg
8.79x
3Y Avg
9.45x
5Y Avg
11.57x
Market Cap
$33.03B
Interest Coverage Ratio
6.14x
TTM Avg
5.67x
3Y Avg
11.29x
5Y Avg
26.04x
Market Cap
$33.20B
Interest Coverage Ratio
49.83x
TTM Avg
40.70x
3Y Avg
32.97x
5Y Avg
24.93x
Market Cap
$29.19B
Interest Coverage Ratio
1.99x
TTM Avg
1.99x
3Y Avg
1.99x
5Y Avg
1.99x
Market Cap
$29.12B
Interest Coverage Ratio
16.32x
TTM Avg
15.71x
3Y Avg
16.43x
5Y Avg
18.17x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ResMed Inc. (RMD) | $31.76B | 21.48x | 43.89x | 41.52x | 37.79x |
| Zoetis Inc. (ZTS)vs › | $30.96B | 14.80x | 14.41x | 13.27x | 12.34x |
| Centene Corp. (CNC)vs › | $32.81B | -11.24x | 4.28x | 3.30x | 3.63x |
| Waters Corporation (WAT)vs › | $30.68B | 12.84x | 11.03x | 12.05x | 13.28x |
| Biogen Inc. (BIIB)vs › | $30.68B | 7.63x | 8.79x | 9.45x | 11.57x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $33.03B | 6.14x | 5.67x | 11.29x | 26.04x |
| DexCom, Inc. (DXCM)vs › | $33.20B | 49.83x | 40.70x | 32.97x | 24.93x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $29.19B | 1.99x | 1.99x | 1.99x | 1.99x |
| Mettler-Toledo International Inc. (MTD)vs › | $29.12B | 16.32x | 15.71x | 16.43x | 18.17x |
| Medline Inc. (MDLN)vs › | $28.60B | 2.72x | 2.21x | 1.60x | 1.60x |
Interest Coverage
21.5x
Debt/Equity
0.13
Current Ratio
3.10
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 | 21.48x |
| 2026-03-31 | 40.68x |
| 2025-12-31 | 62.60x |
| 2025-09-30 | 50.78x |
| 2025-03-31 | 133.92x |
| 2024-12-31 | 87.14x |
| 2024-09-30 | 70.39x |
| 2024-06-30 | 39.92x |
| 2024-03-31 | 26.05x |
| 2023-12-31 | 19.93x |
| 2023-09-30 | 19.32x |
| 2023-06-30 | 18.42x |
| 2023-03-31 | 20.09x |
| 2022-12-31 | 27.10x |
| 2022-09-30 | 38.65x |
| 2022-06-30 | 46.08x |
| 2022-03-31 | 42.89x |
| 2021-12-31 | 41.81x |
| 2021-09-30 | 48.86x |
| 2021-06-30 | 45.21x |
| 2021-03-31 | 38.01x |
| 2020-12-31 | 37.43x |
| 2020-09-30 | 31.70x |
| 2020-06-30 | 24.27x |
| 2020-03-31 | 21.82x |
| 2019-12-31 | 19.36x |
| 2019-09-30 | 15.57x |
| 2019-06-30 | 9.65x |
| 2019-03-31 | 12.65x |
| 2018-12-31 | 20.98x |
| 2018-09-30 | 38.87x |
| 2018-06-30 | 26.79x |
| 2018-03-31 | 17.67x |
| 2017-12-31 | 19.81x |
| 2017-09-30 | 14.46x |
| 2017-06-30 | 38.48x |
| 2017-03-31 | 36.89x |
| 2016-12-31 | 39.76x |
| 2016-09-30 | 37.76x |
| 2016-06-30 | 49.97x |
| 2010-06-30 | 6.82x |
| 2009-06-30 | 11.19x |
| 2009-03-31 | 23.68x |
| 2008-12-31 | 16.25x |
| 2008-06-30 | 11.85x |
| 2008-03-31 | 16.49x |
| 2007-12-31 | 15.65x |
| 2007-09-30 | 13.73x |
| 2007-03-31 | -13.61x |
| 2006-12-31 | 27.38x |
| 2006-09-30 | 23.59x |
| 2006-06-30 | 21.09x |
| 2006-03-31 | 30.12x |
| 2005-03-31 | 3003.00x |