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 -68.26x is 368% below its 3-year average of 25.43x, near the low end of its 3-year range (-75.27x–2902.15x).
111.88% below its 12-month average of 574.61x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2024 (2024-12-31): -75.27x.
INTEREST COVERAGE RATIO
-68.26x
INTEREST COVERAGE RATIO AVG TTM
574.61x
INTEREST COVERAGE RATIO AVG 3Y
25.43x
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-111.88%
CURRENT VS 3Y AVG
-368.43%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.96x
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
-3573.79%
vs the sector median at left
Toro Corp.
Market Cap
$177.81M
Interest Coverage Ratio
-68.26x
TTM Avg
574.61x
3Y Avg
25.43x
5Y Avg
N/A
Market Cap
$176.29M
Interest Coverage Ratio
-310.70x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$193.60M
Interest Coverage Ratio
N/A
TTM Avg
76.26x
3Y Avg
94.31x
5Y Avg
67.28x
Market Cap
$193.81M
Interest Coverage Ratio
0.53x
TTM Avg
0.79x
3Y Avg
0.70x
5Y Avg
0.92x
Market Cap
$158.69M
Interest Coverage Ratio
-0.17x
TTM Avg
4.55x
3Y Avg
8.58x
5Y Avg
5.59x
Market Cap
$155.33M
Interest Coverage Ratio
-6.77x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Toro Corp. (TORO) | $177.81M | -68.26x | 574.61x | 25.43x | N/A |
| Sidus Space, Inc. (SIDU)vs › | $176.29M | -310.70x | N/A | N/A | N/A |
| Draganfly Inc. (DPRO)vs › | $183.49M | N/A | N/A | N/A | N/A |
| Taylor Devices, Inc. (TAYD)vs › | $193.60M | N/A | 76.26x | 94.31x | 67.28x |
| Ampco-Pittsburgh Corp. (AP)vs › | $193.81M | 0.53x | 0.79x | 0.70x | 0.92x |
| NeoVolta Inc (NEOV)vs › | $158.95M | -29.46x | N/A | N/A | N/A |
| EuroDry Ltd. (EDRY)vs › | $158.69M | -0.17x | 4.55x | 8.58x | 5.59x |
| Roze AI Inc. (RZAI)vs › | $156.20M | N/A | N/A | N/A | N/A |
| SKYX Platforms Corp. (SKYX)vs › | $155.33M | -6.77x | N/A | N/A | N/A |
| Microvast Holdings, Inc. (MVST)vs › | $204.76M | 8.26x | 8.26x | 8.26x | 8.26x |
Interest Coverage
-68.3x
Debt/Equity
0.00
Current Ratio
22.23
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 |
|---|---|
| 2024-12-31 | -75.27x |
| 2024-09-30 | 58.75x |
| 2024-06-30 | -8.03x |
| 2024-03-31 | -4.55x |
| 2023-12-31 | 2902.15x |
| 2023-09-30 | -6.89x |
| 2023-03-31 | 69.39x |
| 2022-12-31 | 109.05x |
| 2022-09-30 | 86.85x |
| 2022-06-30 | 29.34x |
| 2022-03-31 | 8.54x |
| 2021-12-31 | 12.53x |
