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 49.20x is 1959% above its 5-year average of -2.65x, near the high end of its 5-year range (-27.36x–49.20x).
As of the fiscal period ended Wednesday, January 31, 2024. 342.25% above its 12-month average of 11.12x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
49.20x
INTEREST COVERAGE RATIO AVG TTM
11.12x
INTEREST COVERAGE RATIO AVG 3Y
-8.42x
INTEREST COVERAGE RATIO AVG 5Y
-5.62x
INTEREST COVERAGE RATIO AVG 10Y
-5.18x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+342.25%
CURRENT VS 3Y AVG
+684.20%
CURRENT VS 5Y AVG
+975.71%
CURRENT VS 10Y AVG
+1049.05%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.94x
median of 139 covered companies
CURRENT VS SECTOR MEDIAN
+519.62%
vs the sector median at left
Splunk Inc.
Market Cap
$26.44B
Interest Coverage Ratio
49.20x
TTM Avg
11.12x
3Y Avg
-8.42x
5Y Avg
-5.62x
Market Cap
$26.38B
Interest Coverage Ratio
8.02x
TTM Avg
9.04x
3Y Avg
9.50x
5Y Avg
8.68x
Market Cap
$26.08B
Interest Coverage Ratio
N/A
TTM Avg
77.90x
3Y Avg
56.21x
5Y Avg
39.63x
Market Cap
$25.80B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.21B
Interest Coverage Ratio
3.72x
TTM Avg
4.24x
3Y Avg
4.62x
5Y Avg
4.06x
Market Cap
$27.23B
Interest Coverage Ratio
-83.80x
TTM Avg
1145.05x
3Y Avg
1145.05x
5Y Avg
1145.05x
Market Cap
$25.31B
Interest Coverage Ratio
14.56x
TTM Avg
14.30x
3Y Avg
13.61x
5Y Avg
12.33x
Market Cap
$28.27B
Interest Coverage Ratio
15.60x
TTM Avg
9.31x
3Y Avg
9.31x
5Y Avg
9.31x
Market Cap
$28.49B
Interest Coverage Ratio
15.64x
TTM Avg
13.28x
3Y Avg
12.82x
5Y Avg
12.82x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Splunk Inc. (SPLK) | $26.44B | 49.20x | 11.12x | -8.42x | -5.62x |
| Verisk Analytics, Inc. (VRSK)vs › | $26.38B | 8.02x | 9.04x | 9.50x | 8.68x |
| Tower Semiconductor Ltd. (TSEM)vs › | $26.08B | N/A | 77.90x | 56.21x | 39.63x |
| Zoom Communications, Inc. (ZM)vs › | $25.80B | N/A | N/A | N/A | N/A |
| Fiserv, Inc. (FISV)vs › | $27.21B | 3.72x | 4.24x | 4.62x | 4.06x |
| Strategy Inc (MSTR)vs › | $27.23B | -83.80x | 1145.05x | 1145.05x | 1145.05x |
| VeriSign, Inc. (VRSN)vs › | $25.31B | 14.56x | 14.30x | 13.61x | 12.33x |
| Qnity Electronics, Inc. (Q)vs › | $28.27B | 15.60x | 9.31x | 9.31x | 9.31x |
| Everpure, Inc (PSTG)vs › | $28.49B | 15.64x | 13.28x | 12.82x | 12.82x |
| Corpay, Inc. (CPAY)vs › | $24.22B | 4.83x | 4.75x | 5.76x | 6.91x |
Interest Coverage
49.2x
Debt/Equity
4.40
Current Ratio
1.57
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 |
|---|---|
| 2024-01-31 | 49.20x |
| 2023-10-31 | 7.85x |
| 2023-07-31 | -6.09x |
| 2023-04-30 | -19.02x |
| 2023-01-31 | 23.69x |
| 2022-10-31 | -1.76x |
| 2022-07-31 | -14.73x |
| 2022-04-30 | -27.36x |
| 2022-01-31 | -1.53x |
| 2021-10-31 | -5.69x |
| 2021-07-31 | -8.83x |
| 2021-04-30 | -12.96x |
| 2021-01-31 | -2.51x |
| 2020-10-31 | -4.87x |
| 2020-07-31 | -7.94x |
| 2020-04-30 | -11.81x |
| 2020-01-31 | -0.31x |
| 2019-10-31 | -1.95x |
| 2019-07-31 | -3.61x |
| 2019-04-30 | -6.30x |
| 2019-01-31 | 0.95x |
| 2018-10-31 | -4.08x |
| 2018-07-31 | -68.96x |
| 2018-04-30 | -109.04x |
| 2015-10-31 | -682.50x |
| 2015-07-31 | -504.37x |
| 2015-04-30 | -158.08x |
| 2014-10-31 | -328.24x |
| 2014-07-31 | -553.73x |
| 2012-10-31 | -173.55x |
| 2012-07-31 | -44.95x |
| 2012-04-30 | -364.06x |
| 2011-04-30 | -176.30x |
