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 0.59x is 87% below its 5-year average of 4.42x, near the low end of its 5-year range (-0.69x–8.45x).
As of the fiscal period ended Tuesday, March 31, 2026. 81.54% below its 12-month average of 3.18x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
0.59x
INTEREST COVERAGE RATIO AVG TTM
3.18x
INTEREST COVERAGE RATIO AVG 3Y
4.92x
INTEREST COVERAGE RATIO AVG 5Y
4.42x
INTEREST COVERAGE RATIO AVG 10Y
2.10x
INTEREST COVERAGE RATIO AVG 15Y
2.32x
INTEREST COVERAGE RATIO AVG 20Y
2.31x
CURRENT VS TTM AVG
-81.54%
CURRENT VS 3Y AVG
-88.09%
CURRENT VS 5Y AVG
-86.74%
CURRENT VS 10Y AVG
-72.11%
CURRENT VS 15Y AVG
-74.75%
CURRENT VS 20Y AVG
-74.62%
SECTOR MEDIAN · TECHNOLOGY
7.66x
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
-92.34%
vs the sector median at left
Veeco Instruments Inc.
Market Cap
$3.04B
Interest Coverage Ratio
0.59x
TTM Avg
3.18x
3Y Avg
4.92x
5Y Avg
4.42x
Market Cap
$2.81B
Interest Coverage Ratio
-5.93x
TTM Avg
10.16x
3Y Avg
6.62x
5Y Avg
7.93x
Market Cap
$3.44B
Interest Coverage Ratio
-17.48x
TTM Avg
36.13x
3Y Avg
31.43x
5Y Avg
31.43x
Market Cap
$2.50B
Interest Coverage Ratio
-17.35x
TTM Avg
18.61x
3Y Avg
9.52x
5Y Avg
9.52x
Market Cap
$4.40B
Interest Coverage Ratio
7.78x
TTM Avg
10.45x
3Y Avg
10.41x
5Y Avg
10.41x
Market Cap
$4.41B
Interest Coverage Ratio
13.99x
TTM Avg
15.58x
3Y Avg
15.53x
5Y Avg
15.53x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeco Instruments Inc. (VECO) | $3.04B | 0.59x | 3.18x | 4.92x | 4.42x |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.81B | -5.93x | 10.16x | 6.62x | 7.93x |
| AXT, Inc. (AXTI)vs › | $3.44B | -17.48x | 36.13x | 31.43x | 31.43x |
| Keel Infrastructure Corp. (KEEL)vs › | $2.50B | -17.35x | 18.61x | 9.52x | 9.52x |
| Ambarella, Inc. (AMBA)vs › | $3.68B | N/A | N/A | N/A | N/A |
| Asana, Inc. (ASAN)vs › | $2.05B | -62.68x | N/A | N/A | N/A |
| Box, Inc. (BOX)vs › | $4.40B | 7.78x | 10.45x | 10.41x | 10.41x |
| Itron, Inc. (ITRI)vs › | $4.41B | 13.99x | 15.58x | 15.53x | 15.53x |
| monday.com Ltd. (MNDY)vs › | $4.53B | N/A | N/A | N/A | N/A |
| C3.ai, Inc. (AI)vs › | $1.47B | N/A | N/A | N/A | N/A |
Interest Coverage
0.6x
Debt/Equity
0.30
Current Ratio
4.23
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 |
|---|---|
| 2026-03-31 | 0.59x |
| 2025-12-31 | -0.69x |
| 2025-09-30 | 4.94x |
| 2025-06-30 | 5.40x |
| 2025-03-31 | 5.65x |
| 2024-12-31 | 1.40x |
| 2024-09-30 | 8.45x |
| 2024-06-30 | 6.05x |
| 2024-03-31 | 8.42x |
| 2023-12-31 | 7.89x |
| 2023-09-30 | 8.02x |
| 2023-06-30 | 4.48x |
| 2023-03-31 | 3.41x |
| 2022-12-31 | 4.64x |
| 2022-09-30 | 6.09x |
| 2022-06-30 | 4.50x |
| 2022-03-31 | 5.71x |
| 2021-12-31 | 2.30x |
| 2021-09-30 | 2.31x |
| 2021-06-30 | 1.94x |
| 2021-03-31 | 1.39x |
| 2020-12-31 | 1.61x |
| 2020-09-30 | 1.09x |
| 2020-06-30 | 0.07x |
| 2020-03-31 | 0.81x |
| 2019-12-31 | -1.23x |
| 2019-09-30 | -1.33x |
| 2019-06-30 | -2.04x |
| 2019-03-31 | -2.60x |
| 2018-12-31 | -25.71x |
| 2018-09-30 | -0.69x |
| 2018-06-30 | -49.62x |
| 2018-03-31 | -2.18x |
| 2017-12-31 | -2.33x |
| 2017-09-30 | -3.71x |
| 2017-06-30 | -5.34x |
| 2017-03-31 | -1.41x |
| 2016-12-31 | -92.02x |
| 2016-09-30 | -2987.91x |
| 2016-06-30 | -297.65x |
| 2016-03-31 | -401.92x |
| 2015-12-31 | -83.69x |
| 2015-09-30 | 69.24x |
| 2015-06-30 | -32.47x |
| 2015-03-31 | -125.60x |
| 2014-09-30 | -57.34x |
| 2014-06-30 | -219.04x |
| 2014-03-31 | 113.58x |
| 2013-12-31 | -1968.83x |
| 2012-09-30 | 56.36x |
| 2012-06-30 | 45.96x |
| 2012-03-31 | 103.18x |
| 2011-12-31 | 10.01x |
| 2011-06-30 | 275.22x |
| 2011-03-31 | 61.33x |
| 2010-12-31 | 15.71x |
| 2010-09-30 | 55.99x |
| 2010-06-30 | 36.19x |
| 2010-03-31 | 16.35x |
| 2009-12-31 | 7.69x |
| 2009-09-30 | 2.11x |
| 2009-06-30 | -7.42x |
| 2009-03-31 | -11.03x |
| 2008-09-30 | 0.13x |
| 2008-06-30 | 6.43x |
| 2008-03-31 | 0.17x |
| 2007-09-30 | -6.30x |
| 2007-06-30 | -1.31x |
| 2007-03-31 | 2.12x |
| 2006-12-31 | 1.11x |
| 2006-09-30 | 4.71x |
| 2006-06-30 | 4.88x |
| 2006-03-31 | 1.19x |
| 2005-12-31 | 0.65x |
| 2005-09-30 | 2.32x |
| 2005-06-30 | 1.04x |
| 2005-03-31 | -0.86x |
| 2004-09-30 | -0.20x |
| 2004-06-30 | 2.10x |
| 2004-03-31 | 0.49x |
| 2003-09-30 | -0.86x |
| 2003-06-30 | -0.39x |
| 2003-03-31 | -0.46x |
| 2002-09-30 | -1.48x |
| 2002-06-30 | -1.35x |
