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 46.60x is 122% above its 5-year average of 21.01x, near the high end of its 5-year range (-25.42x–58.68x).
720.84% above its 12-month average of 5.68x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2026 (2026-06-30): -25.42x.
INTEREST COVERAGE RATIO
46.60x
INTEREST COVERAGE RATIO AVG TTM
5.68x
INTEREST COVERAGE RATIO AVG 3Y
18.66x
INTEREST COVERAGE RATIO AVG 5Y
21.01x
INTEREST COVERAGE RATIO AVG 10Y
16.31x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+720.84%
CURRENT VS 3Y AVG
+149.78%
CURRENT VS 5Y AVG
+121.78%
CURRENT VS 10Y AVG
+185.67%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+576.83%
vs the sector median at left
Bio-Techne Corporation
Market Cap
$11.37B
Interest Coverage Ratio
46.60x
TTM Avg
5.68x
3Y Avg
18.66x
5Y Avg
21.01x
Market Cap
$11.46B
Interest Coverage Ratio
3.66x
TTM Avg
4.05x
3Y Avg
3.97x
5Y Avg
4.62x
Market Cap
$10.83B
Interest Coverage Ratio
12.68x
TTM Avg
10.82x
3Y Avg
8.80x
5Y Avg
10.61x
Market Cap
$10.80B
Interest Coverage Ratio
6.83x
TTM Avg
6.50x
3Y Avg
6.73x
5Y Avg
9.55x
Market Cap
$12.08B
Interest Coverage Ratio
-1.06x
TTM Avg
0.71x
3Y Avg
2.65x
5Y Avg
6.89x
Market Cap
$10.51B
Interest Coverage Ratio
N/A
TTM Avg
67.41x
3Y Avg
66.08x
5Y Avg
407.22x
Market Cap
$12.25B
Interest Coverage Ratio
8.55x
TTM Avg
7.42x
3Y Avg
7.61x
5Y Avg
6.89x
Market Cap
$10.26B
Interest Coverage Ratio
5.52x
TTM Avg
5.51x
3Y Avg
7.63x
5Y Avg
62.06x
Market Cap
$10.21B
Interest Coverage Ratio
53.24x
TTM Avg
48.24x
3Y Avg
40.33x
5Y Avg
37.20x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Techne Corporation (TECH) | $11.37B | 46.60x | 5.68x | 18.66x | 21.01x |
| DaVita Inc. (DVA)vs › | $11.46B | 3.66x | 4.05x | 3.97x | 4.62x |
| Universal Health Services, Inc. (UHS)vs › | $10.83B | 12.68x | 10.82x | 8.80x | 10.61x |
| The Cooper Companies, Inc. (COO)vs › | $10.80B | 6.83x | 6.50x | 6.73x | 9.55x |
| Baxter International Inc. (BAX)vs › | $12.08B | -1.06x | 0.71x | 2.65x | 6.89x |
| Align Technology, Inc. (ALGN)vs › | $10.51B | N/A | 67.41x | 66.08x | 407.22x |
| Encompass Health Corporation (EHC)vs › | $12.25B | 8.55x | 7.42x | 7.61x | 6.89x |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.26B | 5.52x | 5.51x | 7.63x | 62.06x |
| The Ensign Group, Inc. (ENSG)vs › | $10.21B | 53.24x | 48.24x | 40.33x | 37.20x |
| Penumbra, Inc. (PEN)vs › | $12.56B | 144.35x | 102.58x | 62.73x | 62.73x |
Interest Coverage
46.6x
Debt/Equity
0.14
Current Ratio
4.55
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 | -25.42x |
| 2026-03-31 | 23.43x |
| 2025-12-31 | 25.09x |
| 2025-09-30 | 16.24x |
| 2025-06-30 | -10.96x |
| 2025-03-31 | 19.29x |
| 2024-12-31 | 22.08x |
| 2024-09-30 | 18.38x |
| 2024-06-30 | 18.26x |
| 2024-03-31 | 16.73x |
| 2023-12-31 | 8.78x |
| 2023-09-30 | 11.42x |
| 2023-06-30 | 25.53x |
| 2023-03-31 | 58.68x |
| 2022-12-31 | 28.82x |
| 2022-09-30 | 14.86x |
| 2022-06-30 | 32.16x |
| 2022-03-31 | 36.28x |
| 2021-12-31 | 21.48x |
| 2021-09-30 | 18.55x |
| 2021-06-30 | 20.84x |
| 2021-03-31 | 25.80x |
| 2020-12-31 | 14.22x |
| 2020-09-30 | 11.12x |
| 2020-06-30 | 8.51x |
| 2020-03-31 | 10.65x |
| 2019-12-31 | 7.59x |
| 2019-09-30 | 6.38x |
| 2019-06-30 | 7.73x |
| 2019-03-31 | 8.62x |
| 2018-12-31 | 5.83x |
| 2018-09-30 | 4.92x |
| 2018-06-30 | 14.06x |
| 2018-03-31 | 16.83x |
| 2017-12-31 | 10.36x |
| 2017-09-30 | 11.61x |
| 2017-06-30 | 19.20x |
| 2017-03-31 | 15.32x |
| 2016-12-31 | 8.40x |
| 2016-09-30 | 18.17x |
| 2016-06-30 | 92.41x |
| 2016-03-31 | 97.16x |
| 2015-12-31 | 90.06x |
| 2015-09-30 | 68.80x |
| 2015-06-30 | 97.43x |
| 2015-03-31 | 95.23x |
| 2014-12-31 | 79.13x |
| 2014-09-30 | 113.23x |