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 -31.65x is 181% below its 5-year average of 39.04x, near the low end of its 5-year range (-31.65x–115.00x).
As of the fiscal period ended Friday, June 26, 2026. 278.93% below its 12-month average of 17.69x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-31.65x
INTEREST COVERAGE RATIO AVG TTM
17.69x
INTEREST COVERAGE RATIO AVG 3Y
37.33x
INTEREST COVERAGE RATIO AVG 5Y
38.75x
INTEREST COVERAGE RATIO AVG 10Y
34.26x
INTEREST COVERAGE RATIO AVG 15Y
26.76x
INTEREST COVERAGE RATIO AVG 20Y
22.18x
CURRENT VS TTM AVG
-278.93%
CURRENT VS 3Y AVG
-184.77%
CURRENT VS 5Y AVG
-181.67%
CURRENT VS 10Y AVG
-192.37%
CURRENT VS 15Y AVG
-218.24%
CURRENT VS 20Y AVG
-242.65%
SECTOR MEDIAN · TECHNOLOGY
7.52x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
-521.09%
vs the sector median at left
TE Connectivity plc
Market Cap
$62.85B
Interest Coverage Ratio
-31.65x
TTM Avg
17.69x
3Y Avg
37.33x
5Y Avg
38.75x
Market Cap
$63.17B
Interest Coverage Ratio
86.44x
TTM Avg
125.99x
3Y Avg
151.83x
5Y Avg
118.85x
Market Cap
$63.33B
Interest Coverage Ratio
2.26x
TTM Avg
1.34x
3Y Avg
1.77x
5Y Avg
2.54x
Market Cap
$61.99B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$65.59B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$59.88B
Interest Coverage Ratio
7.10x
TTM Avg
7.84x
3Y Avg
8.23x
5Y Avg
6.85x
Market Cap
$66.09B
Interest Coverage Ratio
-8.66x
TTM Avg
3.77x
3Y Avg
3.63x
5Y Avg
4.64x
Market Cap
$59.28B
Interest Coverage Ratio
N/A
TTM Avg
510.98x
3Y Avg
2104.82x
5Y Avg
2104.82x
Market Cap
$58.32B
Interest Coverage Ratio
9.88x
TTM Avg
9.90x
3Y Avg
13.53x
5Y Avg
12.93x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TE Connectivity plc (TEL) | $62.85B | -31.65x | 17.69x | 37.33x | 38.75x |
| Teradyne, Inc. (TER)vs › | $63.17B | 86.44x | 125.99x | 151.83x | 118.85x |
| Coherent, Inc. (COHR)vs › | $63.33B | 2.26x | 1.34x | 1.77x | 2.54x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $61.99B | N/A | N/A | N/A | N/A |
| Monolithic Power Systems, Inc. (MPWR)vs › | $65.59B | N/A | N/A | N/A | N/A |
| NXP Semiconductors N.V. (NXPI)vs › | $59.88B | 7.10x | 7.84x | 8.23x | 6.85x |
| Lumentum Holdings Inc. (LITE)vs › | $66.09B | -8.66x | 3.77x | 3.63x | 4.64x |
| Garmin Ltd. (GRMN)vs › | $59.28B | N/A | 510.98x | 2104.82x | 2104.82x |
| Keysight Technologies, Inc. (KEYS)vs › | $58.32B | 9.88x | 9.90x | 13.53x | 12.93x |
| Ciena Corporation (CIEN)vs › | $58.20B | 3.39x | 2.67x | 3.15x | 6.02x |
Interest Coverage
-31.6x
Debt/Equity
0.43
Current Ratio
1.88
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 |
|---|---|
| 2026-06-26 | -31.65x |
| 2026-03-27 | 29.81x |
| 2025-12-26 | 32.53x |
| 2025-09-26 | 25.66x |
| 2025-06-27 | 32.07x |
| 2025-03-28 | 53.43x |
| 2024-12-27 | 115.00x |
| 2024-09-27 | 43.40x |
| 2024-06-28 | 43.00x |
| 2024-03-29 | 38.68x |
| 2023-12-29 | 40.61x |
| 2023-09-30 | 37.00x |
| 2023-06-30 | 34.45x |
| 2023-03-31 | 33.65x |
| 2022-12-30 | 28.24x |
| 2022-09-30 | 41.83x |
| 2022-06-24 | 40.67x |
| 2022-03-25 | 40.06x |
| 2021-12-24 | 55.00x |
| 2021-09-30 | 47.36x |
| 2021-06-25 | 51.29x |
| 2021-03-26 | 44.85x |
| 2020-12-25 | 43.20x |
| 2020-09-30 | 41.50x |
| 2020-06-26 | 19.54x |
| 2020-03-27 | 45.64x |
| 2019-12-27 | 43.67x |
| 2019-09-30 | 36.69x |
| 2019-06-28 | 47.08x |
| 2019-03-29 | 37.20x |
| 2018-12-28 | 20.26x |
| 2018-09-30 | 21.85x |
| 2018-06-29 | 21.46x |
| 2018-03-30 | 23.61x |
| 2017-12-29 | 24.65x |
| 2017-09-30 | 12.00x |
| 2017-06-30 | 19.84x |
| 2017-03-31 | 16.69x |
| 2016-12-30 | 17.26x |
| 2016-09-30 | 16.18x |
| 2016-06-24 | 14.58x |
| 2016-03-25 | 16.72x |
| 2015-12-25 | 13.27x |
| 2015-09-30 | 12.72x |
| 2015-06-26 | 14.21x |
| 2015-03-27 | 12.11x |
| 2014-12-26 | 13.63x |
| 2014-09-30 | 14.08x |
| 2014-06-27 | 17.83x |
| 2014-03-28 | 17.00x |
| 2013-12-27 | 14.09x |
| 2013-09-30 | 13.68x |
| 2013-06-28 | 12.19x |
| 2013-03-29 | 10.26x |
| 2012-12-28 | 7.92x |
| 2012-09-30 | 8.91x |
| 2012-06-29 | 7.73x |
| 2012-03-30 | 8.75x |
| 2011-12-30 | 9.95x |
| 2011-09-30 | 10.81x |
| 2011-06-24 | 11.78x |
| 2011-03-25 | 9.42x |
| 2010-12-24 | 11.43x |
| 2010-09-30 | 9.55x |
| 2010-06-25 | 12.29x |
| 2010-03-26 | 10.47x |
| 2009-12-25 | 6.90x |
| 2009-09-30 | 4.40x |
| 2009-06-26 | 1.52x |
| 2009-03-27 | -95.05x |
| 2008-12-26 | -0.10x |
| 2008-09-30 | 0.59x |
| 2008-06-27 | 8.52x |
| 2008-03-28 | 5.63x |
| 2007-09-30 | 3.03x |
| 2007-06-29 | -0.26x |
| 2007-03-31 | 8.55x |
| 2006-12-31 | 78.80x |
| 2006-06-30 | 7.78x |
