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 3.34x is 73% below its 5-year average of 12.16x, near the low end of its 5-year range (-0.44x–45.38x).
75.31% below its 12-month average of 13.53x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2027 (2026-07-26): 27.90x.
INTEREST COVERAGE RATIO
3.34x
INTEREST COVERAGE RATIO AVG TTM
13.53x
INTEREST COVERAGE RATIO AVG 3Y
1.50x
INTEREST COVERAGE RATIO AVG 5Y
12.16x
INTEREST COVERAGE RATIO AVG 10Y
9.59x
INTEREST COVERAGE RATIO AVG 15Y
7.14x
INTEREST COVERAGE RATIO AVG 20Y
8.13x
CURRENT VS TTM AVG
-75.31%
CURRENT VS 3Y AVG
+122.69%
CURRENT VS 5Y AVG
-72.53%
CURRENT VS 10Y AVG
-65.17%
CURRENT VS 15Y AVG
-53.19%
CURRENT VS 20Y AVG
-58.93%
SECTOR MEDIAN · TECHNOLOGY
7.05x
median of 168 covered companies
CURRENT VS SECTOR MEDIAN
-52.62%
vs the sector median at left
Semtech Corporation
Market Cap
$18.15B
Interest Coverage Ratio
3.34x
TTM Avg
13.53x
3Y Avg
1.50x
5Y Avg
12.16x
Market Cap
$18.15B
Interest Coverage Ratio
-13.02x
TTM Avg
7.76x
3Y Avg
7.67x
5Y Avg
8.75x
Market Cap
$18.34B
Interest Coverage Ratio
9.06x
TTM Avg
18.36x
3Y Avg
19.78x
5Y Avg
20.12x
Market Cap
$18.36B
Interest Coverage Ratio
57.86x
TTM Avg
57.86x
3Y Avg
86.31x
5Y Avg
68.19x
Market Cap
$17.90B
Interest Coverage Ratio
7.41x
TTM Avg
6.58x
3Y Avg
6.40x
5Y Avg
38.33x
Market Cap
$17.36B
Interest Coverage Ratio
7.54x
TTM Avg
7.62x
3Y Avg
8.66x
5Y Avg
7.85x
Market Cap
$17.29B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Semtech Corporation (SMTC) | $18.15B | 3.34x | 13.53x | 1.50x | 12.16x |
| Broadridge Financial Solutions, Inc. (BR)vs › | $18.15B | -13.02x | 7.76x | 7.67x | 8.75x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $18.34B | 9.06x | 18.36x | 19.78x | 20.12x |
| Lattice Semiconductor Corporation (LSCC)vs › | $18.36B | 57.86x | 57.86x | 86.31x | 68.19x |
| Zebra Technologies Corporation (ZBRA)vs › | $17.90B | 7.41x | 6.58x | 6.40x | 38.33x |
| MKS Inc. (MKSI)vs › | $18.85B | 2.67x | 2.05x | 2.53x | 10.24x |
| Fortive Corporation (FTV)vs › | $17.36B | 7.54x | 7.62x | 8.66x | 7.85x |
| Dynatrace, Inc. (DT)vs › | $17.29B | N/A | 17.61x | 13.89x | 13.89x |
| Toast, Inc. (TOST)vs › | $17.28B | N/A | N/A | N/A | N/A |
| Unity Software Inc. (U)vs › | $19.04B | -19.95x | N/A | N/A | N/A |
Interest Coverage
3.3x
Debt/Equity
0.70
Current Ratio
1.70
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 |
|---|---|
| 2026-07-26 | 27.90x |
| 2026-04-26 | 16.21x |
| 2026-01-25 | 17.11x |
| 2025-10-26 | 1.21x |
| 2025-07-27 | 5.21x |
| 2025-04-27 | 5.55x |
| 2025-01-31 | 2.25x |
| 2024-10-27 | 0.79x |
| 2024-07-28 | 0.30x |
| 2024-04-28 | 0.21x |
| 2024-01-31 | 0.10x |
| 2023-10-29 | -0.24x |
| 2023-07-30 | -0.39x |
| 2023-04-30 | -0.44x |
| 2023-01-31 | 3.23x |
| 2022-10-30 | 4.06x |
| 2022-07-31 | 36.50x |
| 2022-05-01 | 45.38x |
| 2022-01-31 | 28.44x |
| 2021-10-31 | 31.03x |
| 2021-08-01 | 30.90x |
| 2021-05-02 | 23.44x |
| 2021-01-31 | 11.80x |
| 2020-10-25 | 21.87x |
| 2020-07-26 | 15.06x |
| 2020-04-26 | 10.19x |
| 2020-01-31 | 5.50x |
| 2019-10-27 | 8.21x |
| 2019-07-28 | 5.61x |
| 2019-04-28 | 4.03x |
| 2019-01-31 | 10.50x |
| 2018-10-28 | 14.21x |
| 2018-07-29 | 14.58x |
| 2018-04-29 | -1.28x |
| 2018-01-31 | 9.23x |
| 2017-10-29 | 8.77x |
| 2017-07-30 | 9.63x |
| 2017-04-30 | 9.29x |
| 2017-01-31 | 4.65x |
| 2016-10-30 | 7.40x |
| 2016-07-31 | 7.82x |
| 2016-05-01 | 6.87x |
| 2016-01-31 | 1.48x |
| 2015-10-25 | 9.62x |
| 2015-07-26 | 1.61x |
| 2015-04-26 | 2.66x |
| 2015-01-31 | -9.23x |
| 2014-10-26 | 15.60x |
| 2014-07-27 | 13.89x |
| 2014-04-27 | 8.04x |
| 2014-01-31 | -97.38x |
| 2013-10-27 | 7.30x |
| 2013-07-28 | 2.31x |
| 2013-04-28 | 4.95x |
| 2013-01-31 | 2.99x |
| 2012-10-28 | 4.69x |
| 2012-07-29 | 0.80x |
| 2012-04-29 | -11.75x |
| 2012-01-31 | 11.45x |
| 2011-05-01 | 60.28x |
| 2011-01-31 | 50.29x |
| 2010-10-31 | 5838.00x |
| 2010-08-01 | 73.73x |
| 2010-01-31 | 6.69x |
| 2009-07-26 | 30.21x |
| 2009-04-26 | 3.79x |
| 2007-01-31 | 0.03x |
| 2006-01-31 | 0.94x |
| 2005-01-31 | 0.88x |
| 2004-10-31 | 7.92x |
| 2004-07-25 | 16.36x |
| 2003-10-26 | 10.04x |