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 102.14x is 366% above its 5-year average of 21.90x, near the high end of its 5-year range (-24.70x–102.14x).
As of the fiscal period ended Tuesday, March 31, 2026. 25.41% above its 12-month average of 81.45x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
102.14x
INTEREST COVERAGE RATIO AVG TTM
81.45x
INTEREST COVERAGE RATIO AVG 3Y
38.49x
INTEREST COVERAGE RATIO AVG 5Y
21.90x
INTEREST COVERAGE RATIO AVG 10Y
-2.18x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+25.41%
CURRENT VS 3Y AVG
+165.41%
CURRENT VS 5Y AVG
+366.48%
CURRENT VS 10Y AVG
+4787.94%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
5.04x
median of 24 covered companies
CURRENT VS SECTOR MEDIAN
+1928.66%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$102.80B
Interest Coverage Ratio
102.14x
TTM Avg
81.45x
3Y Avg
38.49x
5Y Avg
21.90x
Market Cap
$85.03B
Interest Coverage Ratio
4.69x
TTM Avg
5.17x
3Y Avg
5.46x
5Y Avg
5.08x
Market Cap
$65.94B
Interest Coverage Ratio
0.63x
TTM Avg
0.63x
3Y Avg
0.63x
5Y Avg
2.48x
Market Cap
$40.52B
Interest Coverage Ratio
4.70x
TTM Avg
3.62x
3Y Avg
3.23x
5Y Avg
3.23x
Market Cap
$167.08B
Interest Coverage Ratio
7.63x
TTM Avg
7.93x
3Y Avg
6.60x
5Y Avg
5.18x
Market Cap
$25.53B
Interest Coverage Ratio
8.01x
TTM Avg
7.06x
3Y Avg
7.22x
5Y Avg
7.11x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $102.80B | 102.14x | 81.45x | 38.49x | 21.90x |
| DoorDash, Inc. (DASH)vs › | $85.47B | N/A | N/A | N/A | N/A |
| Comcast Corporation (CMCSA)vs › | $85.03B | 4.69x | 5.17x | 5.46x | 5.08x |
| Warner Bros. Discovery, Inc. (WBD)vs › | $65.94B | 0.63x | 0.63x | 0.63x | 2.48x |
| AT&T Inc. (T)vs › | $159.44B | 3.67x | 3.63x | 3.66x | 3.62x |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.52B | 4.70x | 3.62x | 3.23x | 3.23x |
| The Walt Disney Company (DIS)vs › | $167.08B | 7.63x | 7.93x | 6.60x | 5.18x |
| Reddit, Inc. (RDDT)vs › | $27.08B | N/A | N/A | N/A | N/A |
| Fox Corporation (FOXA)vs › | $25.53B | 8.01x | 7.06x | 7.22x | 7.11x |
| EchoStar Corporation (SATS)vs › | $24.24B | -0.06x | 29.49x | 15.01x | 10.32x |
Interest Coverage
102.1x
Debt/Equity
0.28
Current Ratio
1.72
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 |
|---|---|
| 2026-03-31 | 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 |
