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 2018.83x is 169% above its 5-year average of 750.55x, near the high end of its 5-year range (-52.50x–2461.00x).
As of the fiscal period ended Friday, April 1, 2022. 25.90% above its 12-month average of 1603.50x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2022 (2022-04-01): 2018.83x.
INTEREST COVERAGE RATIO
2018.83x
INTEREST COVERAGE RATIO AVG TTM
1603.50x
INTEREST COVERAGE RATIO AVG 3Y
1603.50x
INTEREST COVERAGE RATIO AVG 5Y
750.55x
INTEREST COVERAGE RATIO AVG 10Y
-12.56x
INTEREST COVERAGE RATIO AVG 15Y
-12.06x
INTEREST COVERAGE RATIO AVG 20Y
-12.35x
CURRENT VS TTM AVG
+25.90%
CURRENT VS 3Y AVG
+25.90%
CURRENT VS 5Y AVG
+168.98%
CURRENT VS 10Y AVG
+16179.61%
CURRENT VS 15Y AVG
+16833.17%
CURRENT VS 20Y AVG
+16443.42%
SECTOR MEDIAN · HEALTHCARE
-6.38x
median of 528 covered companies
CURRENT VS SECTOR MEDIAN
+31767.97%
vs the sector median at left
STAAR Surgical Company
Market Cap
$1.10B
Interest Coverage Ratio
2018.83x
TTM Avg
1603.50x
3Y Avg
1603.50x
5Y Avg
750.55x
Market Cap
$1.11B
Interest Coverage Ratio
-9.88x
TTM Avg
3.75x
3Y Avg
3.75x
5Y Avg
3.75x
Market Cap
$1.10B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.11B
Interest Coverage Ratio
-36.11x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.09B
Interest Coverage Ratio
-2.02x
TTM Avg
1.81x
3Y Avg
1.81x
5Y Avg
1.81x
Market Cap
$1.09B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.08B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.13B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.13B
Interest Coverage Ratio
1.60x
TTM Avg
1.00x
3Y Avg
0.57x
5Y Avg
0.46x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| STAAR Surgical Company (STAA) | $1.10B | 2018.83x | 1603.50x | 1603.50x | 750.55x |
| Tandem Diabetes Care, Inc. (TNDM)vs › | $1.11B | -9.88x | 3.75x | 3.75x | 3.75x |
| First Tracks Biotherapeutics Inc (TRAX)vs › | $1.10B | N/A | N/A | N/A | N/A |
| Replimune Group, Inc. (REPL)vs › | $1.11B | -36.11x | N/A | N/A | N/A |
| OPKO Health, Inc. (OPK)vs › | $1.09B | -2.02x | 1.81x | 1.81x | 1.81x |
| Bicara Therapeutics Inc. Common Stock (BCAX)vs › | $1.09B | N/A | N/A | N/A | N/A |
| IRadimed Corporation (IRMD)vs › | $1.08B | N/A | N/A | N/A | N/A |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.13B | N/A | N/A | N/A | N/A |
| Harrow Health, Inc. (HROW)vs › | $1.13B | 1.60x | 1.00x | 0.57x | 0.46x |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.13B | 2.05x | 1.65x | 1.11x | 0.98x |
Interest Coverage
2018.8x
Debt/Equity
0.10
Current Ratio
4.66
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 |
|---|---|
| 2022-04-01 | 2018.83x |
| 2021-12-31 | 2461.00x |
| 2021-10-01 | 340.74x |
| 2021-07-02 | 2129.80x |
| 2021-04-02 | 1067.14x |
| 2018-12-28 | 5.16x |
| 2018-09-28 | 54.59x |
| 2018-06-29 | 126.08x |
| 2018-03-30 | 66.58x |
| 2017-12-29 | -52.50x |
| 2017-09-29 | 38.63x |
| 2017-03-31 | -74.82x |
| 2016-12-30 | 43.31x |
| 2016-09-30 | -59.14x |
| 2016-07-01 | -73.86x |
| 2016-04-01 | -359.04x |
| 2016-01-01 | -2.06x |
| 2015-10-02 | -69.72x |
| 2015-07-03 | -52.82x |
| 2015-04-03 | -41.94x |
| 2015-01-02 | -71.96x |
| 2014-10-03 | -44.37x |
| 2014-07-04 | -40.88x |
| 2014-04-04 | -40.67x |
| 2014-01-03 | -34.75x |
| 2013-09-27 | 4.55x |
| 2013-06-28 | 16.93x |
| 2013-03-29 | 13.06x |
| 2012-12-28 | -19.42x |
| 2012-09-28 | -1.40x |
| 2012-06-29 | -2.45x |
| 2012-03-30 | 2.93x |
| 2011-12-30 | 8.05x |
| 2011-09-30 | 5.50x |
| 2011-07-01 | 7.65x |
| 2011-04-01 | 1.36x |
| 2010-12-31 | -6.09x |
| 2010-10-01 | -7.84x |
| 2010-07-02 | -3.57x |
| 2010-04-02 | 0.19x |
| 2010-01-01 | -5.23x |
| 2009-10-02 | -2.12x |
| 2009-07-03 | -1.66x |
| 2009-04-03 | -4.87x |
| 2009-01-02 | -12.79x |
| 2004-12-31 | -35.36x |
| 2004-01-02 | -10.28x |
| 2003-01-03 | -2.35x |
