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 -6.77x is 28% above its 5-year average of -9.47x, near the high end of its 5-year range (-932.82x–-4.34x).
97.44% above its 12-month average of -264.36x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -6.14x.
INTEREST COVERAGE RATIO
-6.77x
INTEREST COVERAGE RATIO AVG TTM
-264.36x
INTEREST COVERAGE RATIO AVG 3Y
-7.49x
INTEREST COVERAGE RATIO AVG 5Y
-9.47x
INTEREST COVERAGE RATIO AVG 10Y
-13.90x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+97.44%
CURRENT VS 3Y AVG
+9.62%
CURRENT VS 5Y AVG
+28.47%
CURRENT VS 10Y AVG
+51.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
-444.53%
vs the sector median at left
SKYX Platforms Corp.
Market Cap
$151.97M
Interest Coverage Ratio
-6.77x
TTM Avg
-264.36x
3Y Avg
-7.49x
5Y Avg
-9.47x
Market Cap
$152.23M
Interest Coverage Ratio
-113.63x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$151.01M
Interest Coverage Ratio
3.76x
TTM Avg
3.76x
3Y Avg
5.74x
5Y Avg
6.69x
Market Cap
$150.70M
Interest Coverage Ratio
-13.80x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$159.01M
Interest Coverage Ratio
-0.17x
TTM Avg
4.55x
3Y Avg
8.58x
5Y Avg
5.59x
Market Cap
$142.93M
Interest Coverage Ratio
-115.37x
TTM Avg
247.78x
3Y Avg
307.52x
5Y Avg
324.82x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SKYX Platforms Corp. (SKYX) | $151.97M | -6.77x | -264.36x | -7.49x | -9.47x |
| VisionWave Holdings, Inc. (VWAV)vs › | $152.23M | -113.63x | N/A | N/A | N/A |
| The Eastern Company (EML)vs › | $151.01M | 3.76x | 3.76x | 5.74x | 6.69x |
| Factorial Energy Inc. (FAC)vs › | $150.70M | -13.80x | N/A | N/A | N/A |
| Merlin, Inc. (MRLN)vs › | $150.58M | N/A | N/A | N/A | N/A |
| NeoVolta Inc (NEOV)vs › | $156.48M | -29.46x | N/A | N/A | N/A |
| EuroDry Ltd. (EDRY)vs › | $159.01M | -0.17x | 4.55x | 8.58x | 5.59x |
| Hurco Companies, Inc. (HURC)vs › | $142.93M | -115.37x | 247.78x | 307.52x | 324.82x |
| Roze AI Inc. (RZAI)vs › | $163.63M | N/A | N/A | N/A | N/A |
| Mammoth Energy Services, Inc. (TUSK)vs › | $140.18M | N/A | 71.28x | 71.28x | 48.62x |
Interest Coverage
-6.8x
Debt/Equity
1.83
Current Ratio
1.46
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 | -6.14x |
| 2026-03-31 | -932.82x |
| 2025-12-31 | -4.34x |
| 2025-09-30 | -372.73x |
| 2025-06-30 | -5.76x |
| 2025-03-31 | -5.76x |
| 2024-12-31 | -9.16x |
| 2024-09-30 | -7.49x |
| 2024-06-30 | -5.08x |
| 2024-03-31 | -11.28x |
| 2023-12-31 | -23.26x |
| 2023-09-30 | -9.85x |
| 2023-06-30 | -10.05x |
| 2023-03-31 | -9.91x |
| 2022-12-31 | -12.37x |
| 2022-09-30 | -107.43x |
| 2022-06-30 | -55.71x |
| 2022-03-31 | -131.81x |
| 2021-12-31 | -14.41x |
| 2021-09-30 | -9.91x |
| 2021-06-30 | -6.67x |
| 2021-03-31 | -6.21x |
| 2020-12-31 | -27.23x |
| 2020-09-30 | -14.98x |
| 2018-09-30 | -23.30x |
| 2018-06-30 | -25.15x |
| 2018-03-31 | -21.13x |
| 2017-12-31 | -34.05x |
| 2017-09-30 | -21.27x |
| 2017-06-30 | -18.74x |
| 2017-03-31 | -19.84x |
| 2016-12-31 | -27.17x |
| 2016-09-30 | -9.12x |
| 2016-06-30 | -3.39x |
| 2016-03-31 | -3.40x |
| 2015-12-31 | -2.36x |
| 2015-09-30 | -1.37x |
| 2015-06-30 | -1.84x |
| 2015-03-31 | -1.43x |
| 2014-12-31 | -5.42x |
| 2014-09-30 | -0.69x |
| 2014-06-30 | -1.22x |
| 2014-03-31 | -1.04x |
| 2013-12-31 | -9.37x |
| 2013-09-30 | -2.22x |
