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 -214.41x is 258% below its 2-year average of -59.92x, around the middle of its 2-year range (-418.01x–161.65x).
As of the fiscal period ended Saturday, December 31, 2022. 13.17% below its 12-month average of -189.45x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-214.41x
INTEREST COVERAGE RATIO AVG TTM
-189.45x
INTEREST COVERAGE RATIO AVG 3Y
N/A
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
-13.17%
CURRENT VS 3Y AVG
N/A
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
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-2855.88%
vs the sector median at left
Shopify Inc.
Market Cap
$174.02B
Interest Coverage Ratio
-214.41x
TTM Avg
-189.45x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$176.91B
Interest Coverage Ratio
9.23x
TTM Avg
7.77x
3Y Avg
10.00x
5Y Avg
11.10x
Market Cap
$182.79B
Interest Coverage Ratio
18.61x
TTM Avg
16.53x
3Y Avg
19.16x
5Y Avg
17.43x
Market Cap
$164.52B
Interest Coverage Ratio
32.04x
TTM Avg
32.04x
3Y Avg
19.29x
5Y Avg
15.48x
Market Cap
$197.41B
Interest Coverage Ratio
6.61x
TTM Avg
6.61x
3Y Avg
4.00x
5Y Avg
4.00x
Market Cap
$148.86B
Interest Coverage Ratio
12.65x
TTM Avg
9.00x
3Y Avg
6.58x
5Y Avg
6.58x
Market Cap
$201.62B
Interest Coverage Ratio
16.24x
TTM Avg
15.69x
3Y Avg
17.57x
5Y Avg
17.24x
Market Cap
$202.79B
Interest Coverage Ratio
14.42x
TTM Avg
14.42x
3Y Avg
7.22x
5Y Avg
7.38x
Market Cap
$204.03B
Interest Coverage Ratio
27.52x
TTM Avg
27.00x
3Y Avg
19.20x
5Y Avg
12.74x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shopify Inc. (SHOP) | $174.02B | -214.41x | -189.45x | N/A | N/A |
| Analog Devices, Inc. (ADI)vs › | $176.91B | 9.23x | 7.77x | 10.00x | 11.10x |
| QUALCOMM Incorporated (QCOM)vs › | $182.79B | 18.61x | 16.53x | 19.16x | 17.43x |
| Western Digital Corporation (WDC)vs › | $164.52B | 32.04x | 32.04x | 19.29x | 15.48x |
| Marvell Technology, Inc. (MRVL)vs › | $197.41B | 6.61x | 6.61x | 4.00x | 4.00x |
| Uber Technologies, Inc. (UBER)vs › | $148.86B | 12.65x | 9.00x | 6.58x | 6.58x |
| Amphenol Corporation (APH)vs › | $201.62B | 16.24x | 15.69x | 17.57x | 17.24x |
| Seagate Technology Holdings plc (STX)vs › | $202.79B | 14.42x | 14.42x | 7.22x | 7.38x |
| Salesforce, Inc. (CRM)vs › | $204.03B | 27.52x | 27.00x | 19.20x | 12.74x |
| Corning Inc (GLW)vs › | $142.98B | 6.94x | 5.20x | 4.50x | 4.48x |
Interest Coverage
-214.4x
Debt/Equity
0.01
Current Ratio
5.35
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 |
|---|---|
| 2022-12-31 | -214.41x |
| 2022-09-30 | -418.01x |
| 2022-06-30 | -220.52x |
| 2022-03-31 | -110.77x |
| 2021-12-31 | 16.46x |
| 2021-09-30 | -4.70x |
| 2021-06-30 | 161.65x |
| 2021-03-31 | 136.20x |
| 2020-12-31 | 14.02x |
| 2020-09-30 | 40.84x |
