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 4.78x is 97% below its 1-year average of 186.36x, near the low end of its 1-year range (4.78x–367.93x).
As of the fiscal period ended Wednesday, May 31, 2023. 97.44% below its 12-month average of 186.36x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2023 (2023-05-31): 4.78x.
INTEREST COVERAGE RATIO
4.78x
INTEREST COVERAGE RATIO AVG TTM
186.36x
INTEREST COVERAGE RATIO AVG 3Y
186.36x
INTEREST COVERAGE RATIO AVG 5Y
186.36x
INTEREST COVERAGE RATIO AVG 10Y
186.36x
INTEREST COVERAGE RATIO AVG 15Y
124.82x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-97.44%
CURRENT VS 3Y AVG
-97.44%
CURRENT VS 5Y AVG
-97.44%
CURRENT VS 10Y AVG
-97.44%
CURRENT VS 15Y AVG
-96.17%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
+143.21%
vs the sector median at left
Taylor Devices, Inc.
Market Cap
$193.60M
Interest Coverage Ratio
4.78x
TTM Avg
186.36x
3Y Avg
186.36x
5Y Avg
186.36x
Market Cap
$193.81M
Interest Coverage Ratio
0.53x
TTM Avg
0.79x
3Y Avg
0.70x
5Y Avg
0.92x
Market Cap
$204.76M
Interest Coverage Ratio
8.26x
TTM Avg
8.26x
3Y Avg
8.26x
5Y Avg
8.26x
Market Cap
$205.65M
Interest Coverage Ratio
-2.94x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$177.81M
Interest Coverage Ratio
-68.26x
TTM Avg
7.31x
3Y Avg
7.31x
5Y Avg
7.31x
Market Cap
$209.64M
Interest Coverage Ratio
1.31x
TTM Avg
5.19x
3Y Avg
5.59x
5Y Avg
5.98x
Market Cap
$176.29M
Interest Coverage Ratio
-310.70x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$216.65M
Interest Coverage Ratio
1.93x
TTM Avg
3.69x
3Y Avg
2.69x
5Y Avg
2.69x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Taylor Devices, Inc. (TAYD) | $193.60M | 4.78x | 186.36x | 186.36x | 186.36x |
| Ampco-Pittsburgh Corp. (AP)vs › | $193.81M | 0.53x | 0.79x | 0.70x | 0.92x |
| Draganfly Inc. (DPRO)vs › | $183.49M | N/A | N/A | N/A | N/A |
| Microvast Holdings, Inc. (MVST)vs › | $204.76M | 8.26x | 8.26x | 8.26x | 8.26x |
| AIRO Group Holdings, Inc. Common Stock (AIRO)vs › | $205.65M | -2.94x | N/A | N/A | N/A |
| Toro Corp. (TORO)vs › | $177.81M | -68.26x | 7.31x | 7.31x | 7.31x |
| Energy Services of America Corporation (ESOA)vs › | $209.64M | 1.31x | 5.19x | 5.59x | 5.98x |
| Sidus Space, Inc. (SIDU)vs › | $176.29M | -310.70x | N/A | N/A | N/A |
| FreightCar America, Inc. (RAIL)vs › | $216.65M | 1.93x | 3.69x | 2.69x | 2.69x |
| Forrester Research, Inc. (FORR)vs › | $217.61M | 0.73x | 0.49x | 4.12x | 4.77x |
Interest Coverage
4.8x
Debt/Equity
0.00
Current Ratio
8.66
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 |
|---|---|
| 2023-05-31 | 4.78x |
| 2022-05-31 | 367.93x |
| 2009-02-28 | 1.76x |
