TE Connectivity Ltd. (TEL) Interest Coverage Ratio: 41.70x
The interest coverage ratio for TE Connectivity Ltd. (TEL) is 41.70x as of Saturday, June 20, 2026.
TEL Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
41.70x
TEL Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TE Connectivity Ltd. (TEL) | $63.53B | 41.70x | N/A | N/A | N/A |
| Hewlett Packard Enterprise Company (HPE)vs › | $62.78B | 9.39x | 15.10x | 10.65x | 10.79x |
| Keysight Technologies, Inc. (KEYS)vs › | $62.15B | 9.88x | 9.90x | 13.53x | 12.93x |
| Motorola Solutions, Inc. (MSI)vs › | $65.60B | 8.04x | 8.57x | 8.32x | 7.83x |
| Teradyne, Inc. (TER)vs › | $68.55B | 86.44x | 125.99x | 151.83x | 118.85x |
| STMicroelectronics N.V. (STM)vs › | $69.67B | 5.89x | 12.80x | 112.73x | 88.83x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $71.49B | N/A | N/A | N/A | N/A |
| Microchip Technology Incorporated (MCHP)vs › | $54.08B | 2.21x | 1.69x | 7.91x | 6.94x |
| Intuit Inc. (INTU)vs › | $73.03B | 19.93x | 17.46x | 19.84x | 53.50x |
| Block, Inc. (SQ)vs › | $51.73B | 1373.32x | 734.63x | 734.63x | 369.72x |
Financial Health Indicators
Interest Coverage
41.7x
Debt/Equity
0.52
Current Ratio
1.56
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
TE Connectivity Ltd. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
TE Connectivity Ltd. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for TE Connectivity Ltd. (TEL)?
- The interest coverage ratio for TEL stock is 41.70x.
About TE Connectivity Ltd.
Operating globally across Europe, the Middle East & Africa, Asia Pacific, and the Americas, TE Connectivity Ltd. (TEL) specializes in the engineering and distribution of advanced connectivity and sensor technologies. The company structures its diverse operations into three primary business units: 1. Transportation Solutions: This segment delivers critical components such as terminals, sophisticated connector systems, various sensors, relays, antennas, heat shrink tubing, and specialized application tooling. These products are vital for the automotive, commercial vehicle, and broader sensor manufacturing sectors. 2. Industrial Solutions: This division provides an array of components including terminals, connector systems, heat shrink tubing, interventional medical devices, relays, and an assortment of wires and cables. Its extensive client base spans industries like aerospace, defense, oil & gas, general industrial equipment, medical devices, and energy. 3. Communications Solutions: Focused on electronic components, this unit supplies terminals, connector systems, relays, heat shrink tubing, and antennas, primarily serving the data & devices and appliance markets. TE Connectivity Ltd. distributes its offerings to customers in approximately 140 nations, predominantly through direct sales to original equipment manufacturers, supplemented by a network of third-party distributors. Established in 2000, the company is headquartered in Schaffhausen, Switzerland, and changed its name from Tyco Electronics Ltd. to TE Connectivity Ltd. in March 2011.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Heath A. Mitts