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 2.06x is 66% below its 5-year average of 6.02x, near the low end of its 5-year range (-5.62x–23.68x).
11.17% above its 12-month average of 1.85x.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2025 (2026-02-28): 11.10x.
INTEREST COVERAGE RATIO
2.06x
INTEREST COVERAGE RATIO AVG TTM
1.85x
INTEREST COVERAGE RATIO AVG 3Y
5.04x
INTEREST COVERAGE RATIO AVG 5Y
6.02x
INTEREST COVERAGE RATIO AVG 10Y
4.73x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+11.17%
CURRENT VS 3Y AVG
-59.15%
CURRENT VS 5Y AVG
-65.76%
CURRENT VS 10Y AVG
-56.46%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
4.49x
median of 108 covered companies
CURRENT VS SECTOR MEDIAN
-54.17%
vs the sector median at left
Invesco California Value Municipal Income Trust
Market Cap
$431.13M
Interest Coverage Ratio
2.06x
TTM Avg
1.85x
3Y Avg
5.04x
5Y Avg
6.02x
Market Cap
$435.59M
Interest Coverage Ratio
4.30x
TTM Avg
2.31x
3Y Avg
4.08x
5Y Avg
9.28x
Market Cap
$311.37M
Interest Coverage Ratio
5.24x
TTM Avg
5.03x
3Y Avg
5.72x
5Y Avg
6.69x
Market Cap
$562.76M
Interest Coverage Ratio
-1.33x
TTM Avg
3.75x
3Y Avg
3.75x
5Y Avg
1.88x
Market Cap
$279.52M
Interest Coverage Ratio
0.66x
TTM Avg
0.57x
3Y Avg
1.80x
5Y Avg
1.87x
Market Cap
$266.59M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$630.67M
Interest Coverage Ratio
6.31x
TTM Avg
4.81x
3Y Avg
5.14x
5Y Avg
7.63x
Market Cap
$645.95M
Interest Coverage Ratio
5.20x
TTM Avg
4.53x
3Y Avg
3.88x
5Y Avg
12.12x
Market Cap
$205.51M
Interest Coverage Ratio
6.06x
TTM Avg
6.06x
3Y Avg
6.06x
5Y Avg
6.06x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invesco California Value Municipal Income Trust (VCV) | $431.13M | 2.06x | 1.85x | 5.04x | 6.02x |
| PIMCO California Municipal Income Fund (PCQ)vs › | $435.59M | 4.30x | 2.31x | 4.08x | 9.28x |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | 5.24x | 5.03x | 5.72x | 6.69x |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $562.76M | -1.33x | 3.75x | 3.75x | 1.88x |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 0.66x | 0.57x | 1.80x | 1.87x |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 6.31x | 4.81x | 5.14x | 7.63x |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 5.20x | 4.53x | 3.88x | 12.12x |
| DeFi Technologies Inc. (DEFT)vs › | $205.51M | 6.06x | 6.06x | 6.06x | 6.06x |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.32M | N/A | N/A | N/A | N/A |
Interest Coverage
2.1x
Debt/Equity
0.62
Current Ratio
2.09
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 |
|---|---|
| 2026-02-28 | 11.10x |
| 2025-08-31 | -5.62x |
| 2025-02-28 | 0.07x |
| 2024-08-31 | 2.33x |
| 2024-02-28 | 1.15x |
| 2023-08-31 | 23.68x |
| 2023-02-28 | 2.57x |
| 2022-08-31 | 4.34x |
| 2022-02-28 | 8.23x |
| 2021-08-31 | 8.94x |
| 2021-02-28 | 9.36x |
| 2020-08-31 | 5.39x |
| 2020-02-28 | 2.20x |
| 2019-08-31 | 1.32x |
| 2017-08-31 | 0.68x |
| 2017-02-28 | 5.81x |
| 2016-08-31 | 9.15x |
| 2016-02-28 | 13.40x |
| 2015-08-31 | 14.29x |
| 2015-02-28 | 12.22x |
| 2014-08-31 | 12.53x |
| 2014-02-28 | 13.49x |
| 2013-08-31 | 12.07x |
| 2013-02-28 | 10.50x |
| 2012-08-31 | 10.51x |
