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 4.38x is 312% above its 5-year average of -2.06x, around the middle of its 5-year range (-45.40x–26.15x).
As of the fiscal period ended Tuesday, September 30, 2025. 136.94% above its 12-month average of -11.86x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
4.38x
INTEREST COVERAGE RATIO AVG TTM
-11.86x
INTEREST COVERAGE RATIO AVG 3Y
-3.16x
INTEREST COVERAGE RATIO AVG 5Y
-1.27x
INTEREST COVERAGE RATIO AVG 10Y
-0.23x
INTEREST COVERAGE RATIO AVG 15Y
-0.36x
INTEREST COVERAGE RATIO AVG 20Y
0.60x
CURRENT VS TTM AVG
+136.94%
CURRENT VS 3Y AVG
+238.51%
CURRENT VS 5Y AVG
+445.39%
CURRENT VS 10Y AVG
+2000.09%
CURRENT VS 15Y AVG
+1311.36%
CURRENT VS 20Y AVG
+633.15%
SECTOR MEDIAN · ENERGY
6.56x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-33.27%
vs the sector median at left
Emeren Group, Ltd.
Market Cap
$995.64M
Interest Coverage Ratio
4.38x
TTM Avg
-11.86x
3Y Avg
-3.16x
5Y Avg
-1.27x
Market Cap
$759.13M
Interest Coverage Ratio
2.70x
TTM Avg
2.70x
3Y Avg
3.77x
5Y Avg
4.61x
Market Cap
$1.30B
Interest Coverage Ratio
N/A
TTM Avg
595.74x
3Y Avg
595.74x
5Y Avg
595.74x
Market Cap
$412.39M
Interest Coverage Ratio
6.71x
TTM Avg
6.00x
3Y Avg
5.04x
5Y Avg
5.53x
Market Cap
$214.62M
Interest Coverage Ratio
-26.60x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.43B
Interest Coverage Ratio
-3.52x
TTM Avg
9.00x
3Y Avg
12.72x
5Y Avg
23.08x
Market Cap
$3.04B
Interest Coverage Ratio
3.59x
TTM Avg
10.69x
3Y Avg
45.27x
5Y Avg
229.01x
Market Cap
$3.37B
Interest Coverage Ratio
2.15x
TTM Avg
8.84x
3Y Avg
13.14x
5Y Avg
13.14x
Market Cap
$4.48B
Interest Coverage Ratio
8.04x
TTM Avg
7.76x
3Y Avg
14.26x
5Y Avg
12.29x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Emeren Group, Ltd. (SOL) | $995.64M | 4.38x | -11.86x | -3.16x | -1.27x |
| Array Technologies, Inc. (ARRY)vs › | $759.13M | 2.70x | 2.70x | 3.77x | 4.61x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.30B | N/A | 595.74x | 595.74x | 595.74x |
| Star Group, L.P. (SGU)vs › | $412.39M | 6.71x | 6.00x | 5.04x | 5.53x |
| enCore Energy Corp. (EU)vs › | $214.62M | -26.60x | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.43B | -3.52x | 9.00x | 12.72x | 23.08x |
| Centrus Energy Corp. (LEU)vs › | $3.04B | 3.59x | 10.69x | 45.27x | 229.01x |
| Helmerich & Payne, Inc. (HP)vs › | $3.37B | 2.15x | 8.84x | 13.14x | 13.14x |
| California Resources Corp (CRC)vs › | $4.48B | 8.04x | 7.76x | 14.26x | 12.29x |
| Enphase Energy, Inc. (ENPH)vs › | $4.86B | 36.42x | 22.55x | 35.76x | 26.11x |
Interest Coverage
4.4x
Debt/Equity
0.21
Current Ratio
3.87
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 |
|---|---|
| 2025-09-30 | 4.38x |
| 2025-06-30 | -45.40x |
| 2025-03-31 | -10.81x |
| 2024-12-31 | -10.65x |
| 2024-09-30 | 3.18x |
| 2024-06-30 | 5.71x |
| 2024-03-31 | -3.15x |
| 2023-12-31 | -8.83x |
| 2023-09-30 | -7.51x |
| 2023-06-30 | 26.15x |
| 2023-03-31 | -4.17x |
| 2022-12-31 | -3.83x |
| 2022-09-30 | 0.89x |
| 2022-06-30 | -0.27x |
| 2022-03-31 | -3.13x |
| 2021-12-31 | -0.86x |
| 2021-09-30 | 2.78x |
| 2021-06-30 | 7.23x |
| 2021-03-31 | 2.72x |
| 2020-12-31 | 0.34x |
| 2020-09-30 | 1.89x |
| 2020-06-30 | 2.76x |
| 2020-03-31 | -0.71x |
| 2019-12-31 | -5.84x |
| 2019-09-30 | 3.36x |
| 2019-06-30 | 2.99x |
| 2019-03-31 | -0.91x |
| 2018-12-31 | -1.03x |
| 2018-09-30 | 2.13x |
| 2018-06-30 | 2.25x |
| 2018-03-31 | 3.86x |
| 2017-12-31 | 4.38x |
| 2017-09-30 | 3.39x |
| 2017-06-30 | -0.08x |
| 2017-03-31 | -1.69x |
| 2016-12-31 | -2.96x |
| 2016-09-30 | -1.44x |
| 2016-06-30 | 0.75x |
| 2016-03-31 | 1.24x |
| 2015-12-31 | 1.64x |
| 2015-09-30 | 1.03x |
| 2015-06-30 | 0.94x |
| 2015-03-31 | -0.88x |
| 2014-12-31 | -0.18x |
| 2014-09-30 | 0.70x |
| 2014-06-30 | 0.95x |
| 2014-03-31 | -0.65x |
| 2013-12-31 | 0.67x |
| 2013-09-30 | -15.13x |
| 2013-06-30 | -1.19x |
| 2013-03-31 | -2.55x |
| 2012-12-31 | -1.84x |
| 2012-09-30 | -6.46x |
| 2012-06-30 | -2.76x |
| 2012-03-31 | -3.07x |
| 2011-12-31 | -4.77x |
| 2011-09-30 | -3.44x |
| 2011-06-30 | 2.53x |
| 2011-03-31 | 10.74x |
| 2010-12-31 | 12.67x |
| 2010-09-30 | 13.94x |
| 2010-06-30 | 9.90x |
| 2010-03-31 | 4.27x |
| 2009-12-31 | -4.14x |
| 2009-09-30 | -1.87x |
| 2009-06-30 | -1.00x |
| 2009-03-31 | -14.41x |
| 2008-12-31 | -38.77x |
| 2008-09-30 | 11.25x |
| 2008-06-30 | 12.54x |
| 2008-03-31 | 10.81x |
| 2007-12-31 | 8.88x |
| 2007-09-30 | 9.05x |
| 2007-06-30 | 81.55x |