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 70.90x is 190% above its 5-year average of 24.47x, near the high end of its 5-year range (-24.70x–102.14x).
6.80% below its 12-month average of 76.07x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 54.58x.
INTEREST COVERAGE RATIO
70.90x
INTEREST COVERAGE RATIO AVG TTM
76.07x
INTEREST COVERAGE RATIO AVG 3Y
43.55x
INTEREST COVERAGE RATIO AVG 5Y
24.47x
INTEREST COVERAGE RATIO AVG 10Y
7.73x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.80%
CURRENT VS 3Y AVG
+62.79%
CURRENT VS 5Y AVG
+189.68%
CURRENT VS 10Y AVG
+817.62%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
4.72x
median of 24 covered companies
CURRENT VS SECTOR MEDIAN
+1402.12%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$110.24B
Interest Coverage Ratio
70.90x
TTM Avg
76.07x
3Y Avg
43.55x
5Y Avg
24.47x
Market Cap
$82.61B
Interest Coverage Ratio
4.69x
TTM Avg
5.17x
3Y Avg
5.46x
5Y Avg
5.08x
Market Cap
$70.74B
Interest Coverage Ratio
0.63x
TTM Avg
0.63x
3Y Avg
0.63x
5Y Avg
2.48x
Market Cap
$39.46B
Interest Coverage Ratio
4.70x
TTM Avg
3.62x
3Y Avg
3.23x
5Y Avg
3.23x
Market Cap
$183.40B
Interest Coverage Ratio
5.33x
TTM Avg
5.30x
3Y Avg
4.21x
5Y Avg
3.56x
Market Cap
$183.64B
Interest Coverage Ratio
7.63x
TTM Avg
7.93x
3Y Avg
6.60x
5Y Avg
5.18x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $110.24B | 70.90x | 76.07x | 43.55x | 24.47x |
| DoorDash, Inc. (DASH)vs › | $85.06B | N/A | N/A | N/A | N/A |
| Comcast Corporation (CMCSA)vs › | $82.61B | 4.69x | 5.17x | 5.46x | 5.08x |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.74B | 0.63x | 0.63x | 0.63x | 2.48x |
| AT&T Inc. (T)vs › | $175.28B | 3.67x | 3.63x | 3.66x | 3.62x |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.46B | 4.70x | 3.62x | 3.23x | 3.23x |
| T-Mobile US, Inc. (TMUS)vs › | $183.40B | 5.33x | 5.30x | 4.21x | 3.56x |
| The Walt Disney Company (DIS)vs › | $183.64B | 7.63x | 7.93x | 6.60x | 5.18x |
| Reddit, Inc. (RDDT)vs › | $29.25B | N/A | N/A | N/A | N/A |
| Fox Corporation (FOXA)vs › | $28.72B | 12.21x | 10.11x | 8.56x | 8.02x |
Interest Coverage
70.9x
Debt/Equity
0.06
Current Ratio
2.11
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 | 54.58x |
| 2026-03-31 | 102.14x |
| 2025-12-31 | 100.14x |
| 2025-09-30 | 72.75x |
| 2025-06-30 | 50.75x |
| 2025-03-30 | 63.63x |
| 2024-12-31 | 53.00x |
| 2024-09-30 | 50.44x |
| 2024-06-30 | 29.56x |
| 2024-03-31 | 18.67x |
| 2023-12-31 | -8.33x |
| 2023-09-30 | 3.56x |
| 2023-06-30 | -24.70x |
| 2023-03-31 | -11.29x |
| 2022-12-31 | -8.56x |
| 2022-09-30 | -20.73x |
| 2022-06-30 | -19.40x |
| 2022-03-31 | -0.60x |
| 2021-12-31 | -0.33x |
| 2021-09-30 | 7.50x |
| 2021-06-30 | 1.20x |
| 2021-03-31 | 0.44x |
| 2020-12-31 | -0.61x |
| 2020-09-30 | -4.00x |
| 2020-06-30 | -16.70x |
| 2020-03-31 | -1.55x |
| 2019-12-31 | -7.90x |
| 2019-09-30 | 5.40x |
| 2019-06-30 | -0.30x |
| 2019-03-31 | -5.22x |
| 2018-12-31 | 47.00x |
| 2018-09-30 | -0.07x |
| 2017-12-31 | -0.16x |
| 2017-09-30 | -73.00x |
| 2017-06-30 | -79.00x |
| 2017-03-31 | -139.00x |
| 2016-12-31 | -0.67x |
| 2016-09-30 | -0.61x |
| 2016-06-30 | 0.98x |
| 2016-03-31 | 3.42x |
