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 12.81x is 18% below its 5-year average of 15.62x, near the low end of its 5-year range (8.41x–25.65x).
As of the fiscal period ended Saturday, September 30, 2023. 20.76% above its 12-month average of 10.61x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2023 (2023-09-30): 12.81x.
INTEREST COVERAGE RATIO
12.81x
INTEREST COVERAGE RATIO AVG TTM
10.61x
INTEREST COVERAGE RATIO AVG 3Y
10.61x
INTEREST COVERAGE RATIO AVG 5Y
15.62x
INTEREST COVERAGE RATIO AVG 10Y
45.51x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+20.76%
CURRENT VS 3Y AVG
+20.76%
CURRENT VS 5Y AVG
-17.98%
CURRENT VS 10Y AVG
-71.84%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
3.08x
median of 142 covered companies
CURRENT VS SECTOR MEDIAN
+315.38%
vs the sector median at left
Strategic Education, Inc.
Market Cap
$1.81B
Interest Coverage Ratio
12.81x
TTM Avg
10.61x
3Y Avg
10.61x
5Y Avg
15.62x
Market Cap
$1.62B
Interest Coverage Ratio
5.97x
TTM Avg
6.35x
3Y Avg
8.65x
5Y Avg
11.57x
Market Cap
$2.01B
Interest Coverage Ratio
30.32x
TTM Avg
157.29x
3Y Avg
252.77x
5Y Avg
338.15x
Market Cap
$1.49B
Interest Coverage Ratio
56.48x
TTM Avg
60.42x
3Y Avg
47.97x
5Y Avg
2075.64x
Market Cap
$2.27B
Interest Coverage Ratio
2.72x
TTM Avg
4.29x
3Y Avg
4.85x
5Y Avg
3.44x
Market Cap
$2.36B
Interest Coverage Ratio
1.39x
TTM Avg
0.81x
3Y Avg
0.98x
5Y Avg
1.73x
Market Cap
$1.26B
Interest Coverage Ratio
2.41x
TTM Avg
2.58x
3Y Avg
2.37x
5Y Avg
5.72x
Market Cap
$1.23B
Interest Coverage Ratio
2.74x
TTM Avg
2.56x
3Y Avg
2.29x
5Y Avg
2.29x
Market Cap
$1.22B
Interest Coverage Ratio
4.25x
TTM Avg
4.25x
3Y Avg
6.12x
5Y Avg
7.64x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Strategic Education, Inc. (STRA) | $1.81B | 12.81x | 10.61x | 10.61x | 15.62x |
| Ingles Markets, Incorporated (IMKTA)vs › | $1.62B | 5.97x | 6.35x | 8.65x | 11.57x |
| Perdoceo Education Corporation (PRDO)vs › | $2.01B | 30.32x | 157.29x | 252.77x | 338.15x |
| J&J Snack Foods Corp. (JJSF)vs › | $1.49B | 56.48x | 60.42x | 47.97x | 2075.64x |
| The Andersons, Inc. (ANDE)vs › | $2.27B | 2.72x | 4.29x | 4.85x | 3.44x |
| Newell Brands Inc. (NWL)vs › | $2.36B | 1.39x | 0.81x | 0.98x | 1.73x |
| Afya Limited (AFYA)vs › | $1.26B | 2.41x | 2.58x | 2.37x | 5.72x |
| Air Global PLC Ordinary Shares (AIIR)vs › | $1.23B | 2.74x | 2.56x | 2.29x | 2.29x |
| Flowers Foods, Inc. (FLO)vs › | $1.22B | 4.25x | 4.25x | 6.12x | 7.64x |
| Seneca Foods Corporation (SENEB)vs › | $1.20B | 7.46x | 4.87x | 3.56x | 9.14x |
Interest Coverage
12.8x
Debt/Equity
0.07
Current Ratio
1.10
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 |
|---|---|
| 2023-09-30 | 12.81x |
| 2023-06-30 | 8.41x |
| 2018-12-31 | 25.65x |
| 2018-06-30 | 25.99x |
| 2018-03-31 | 71.25x |
| 2017-12-31 | 72.60x |
| 2017-09-30 | 50.77x |
| 2017-06-30 | 86.59x |
| 2017-03-31 | 115.99x |
| 2016-12-31 | 122.07x |
| 2016-09-30 | 30.00x |
| 2016-06-30 | 80.60x |
| 2016-03-31 | 125.58x |
| 2015-12-31 | 134.51x |
| 2015-09-30 | 6.34x |
| 2015-06-30 | 16.45x |
| 2015-03-31 | 15.60x |
| 2014-12-31 | 17.35x |
| 2014-09-30 | 7.03x |
| 2014-06-30 | 18.73x |
| 2014-03-31 | 19.15x |
| 2013-12-31 | -21.56x |
| 2013-09-30 | 4.76x |
| 2013-06-30 | 19.64x |
| 2013-03-31 | 23.09x |
| 2012-09-30 | 7.43x |
| 2012-06-30 | 32.61x |
| 2012-03-31 | 33.82x |
| 2011-12-31 | 37.40x |
| 2011-09-30 | 20.19x |
| 2011-06-30 | 42.97x |
| 2011-03-31 | 323.63x |
