Target Corporation (TGT)
Target Corporation (TGT) Interest Coverage Ratio: 11.50x
The interest coverage ratio for Target Corporation (TGT) is 11.50x as of Tuesday, June 9, 2026.
TGT Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
11.50x
TGT Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Target Corporation (TGT) | — | 11.50x | N/A | N/A | N/A |
| Colgate-Palmolive Company (CL) | $70.38B | 16.28x | 15.64x | 16.79x | 20.80x |
| Keurig Dr Pepper Inc. (KDP) | $42.83B | 4.84x | 4.84x | 5.25x | 5.11x |
| The Kroger Co. (KR) | $38.84B | 2.96x | 5.68x | 6.08x | 6.36x |
| Sysco Corporation (SYY) | $37.08B | 4.86x | 5.07x | 4.92x | 4.26x |
| Kimberly-Clark Corporation (KMB) | $33.37B | 9.72x | 10.80x | 9.78x | 10.33x |
| Kellanova (K) | $29.03B | 5.29x | 4.79x | 4.82x | 4.92x |
| Monster Beverage Corporation (MNST) | $88.17B | 366.57x | 217.88x | 217.88x | 217.88x |
| Dollar General Corporation (DG) | $24.13B | 9.56x | 7.91x | 9.76x | 11.90x |
| Constellation Brands, Inc. (STZ) | $24.12B | 8.12x | 8.46x | 7.91x | 7.89x |
Financial Health Indicators
Interest Coverage
11.5x
Debt/Equity
1.26
Current Ratio
0.94
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.
Target Corporation 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
Target Corporation Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Target Corporation (TGT)?
- The interest coverage ratio for TGT stock is 11.50x.