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 2.23x is 31% below its 5-year average of 3.25x, near the low end of its 5-year range (1.03x–20.16x).
44.33% below its 12-month average of 4.01x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.03x.
INTEREST COVERAGE RATIO
2.23x
INTEREST COVERAGE RATIO AVG TTM
4.01x
INTEREST COVERAGE RATIO AVG 3Y
2.20x
INTEREST COVERAGE RATIO AVG 5Y
3.25x
INTEREST COVERAGE RATIO AVG 10Y
2.32x
INTEREST COVERAGE RATIO AVG 15Y
2.51x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-44.33%
CURRENT VS 3Y AVG
+1.39%
CURRENT VS 5Y AVG
-31.30%
CURRENT VS 10Y AVG
-3.97%
CURRENT VS 15Y AVG
-11.14%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
4.49x
median of 108 covered companies
CURRENT VS SECTOR MEDIAN
-50.39%
vs the sector median at left
Voya Financial, Inc.
Market Cap
$8.79B
Interest Coverage Ratio
2.23x
TTM Avg
4.01x
3Y Avg
2.20x
5Y Avg
3.25x
Market Cap
$9.45B
Interest Coverage Ratio
-12.80x
TTM Avg
11.97x
3Y Avg
11.69x
5Y Avg
24.88x
Market Cap
$9.50B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.67B
Interest Coverage Ratio
-2.12x
TTM Avg
2.49x
3Y Avg
2.49x
5Y Avg
2.49x
Market Cap
$7.67B
Interest Coverage Ratio
9.71x
TTM Avg
16.57x
3Y Avg
16.57x
5Y Avg
16.57x
Market Cap
$7.56B
Interest Coverage Ratio
59.58x
TTM Avg
55.19x
3Y Avg
48.33x
5Y Avg
163.49x
Market Cap
$10.12B
Interest Coverage Ratio
-10.55x
TTM Avg
7.92x
3Y Avg
7.92x
5Y Avg
5.69x
Market Cap
$10.19B
Interest Coverage Ratio
N/A
TTM Avg
132.12x
3Y Avg
286.07x
5Y Avg
253.12x
Market Cap
$7.12B
Interest Coverage Ratio
0.51x
TTM Avg
0.38x
3Y Avg
0.91x
5Y Avg
1.80x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Voya Financial, Inc. (VOYA) | $8.79B | 2.23x | 4.01x | 2.20x | 3.25x |
| FactSet Research Systems Inc. (FDS)vs › | $9.45B | -12.80x | 11.97x | 11.69x | 24.88x |
| Fidelity High Dividend ETF (FDVV)vs › | $9.50B | N/A | N/A | N/A | N/A |
| TeraWulf Inc. (WULF)vs › | $7.67B | -2.12x | 2.49x | 2.49x | 2.49x |
| Galaxy Digital (GLXY)vs › | $7.67B | 9.71x | 16.57x | 16.57x | 16.57x |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.56B | 59.58x | 55.19x | 48.33x | 163.49x |
| Hut 8 Corp. (HUT)vs › | $10.12B | -10.55x | 7.92x | 7.92x | 5.69x |
| Erie Indemnity Company (ERIE)vs › | $10.19B | N/A | 132.12x | 286.07x | 253.12x |
| Valley National Bancorp (VLY)vs › | $7.12B | 0.51x | 0.38x | 0.91x | 1.80x |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.67B | 4.60x | 4.69x | 3.31x | 8.25x |
Interest Coverage
2.2x
Debt/Equity
0.84
Current Ratio
6.93
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 |
|---|---|
| 2026-06-30 | 1.03x |
| 2026-03-31 | 7.93x |
| 2025-12-31 | 2.96x |
| 2025-09-30 | 5.12x |
| 2025-06-30 | 2.98x |
| 2025-03-31 | 2.58x |
| 2024-12-31 | 1.60x |
| 2024-09-30 | 1.68x |
| 2024-06-30 | 2.82x |
| 2024-03-31 | 5.04x |
| 2023-12-31 | 1.27x |
| 2023-09-30 | 2.26x |
| 2023-06-30 | 2.80x |
| 2023-03-31 | 2.94x |
| 2022-12-31 | 1.73x |
| 2022-09-30 | 1.65x |
| 2022-06-30 | 3.30x |
| 2022-03-31 | 2.65x |
| 2021-12-31 | 4.35x |
| 2021-09-30 | 8.22x |
| 2021-06-30 | 20.16x |
| 2021-03-31 | 19.22x |
| 2020-12-31 | 10.44x |
| 2020-09-30 | -3.22x |
| 2020-06-30 | -0.84x |
| 2020-03-31 | 1.02x |
| 2019-12-31 | -1.16x |
| 2019-09-30 | 2.53x |
| 2019-06-30 | 5.79x |
| 2019-03-31 | 2.17x |
| 2018-12-31 | 1.80x |
| 2018-09-30 | 3.38x |
| 2018-06-30 | 3.89x |
| 2018-03-31 | 0.38x |
| 2017-12-31 | 3.50x |
| 2017-09-30 | 0.60x |
| 2017-06-30 | 2.15x |
| 2017-03-31 | 1.79x |
| 2016-12-31 | -9.09x |
| 2016-09-30 | -4.94x |
| 2016-06-30 | 0.86x |
| 2016-03-31 | 3.51x |
| 2015-12-31 | -2.13x |
| 2015-09-30 | 0.71x |
| 2015-06-30 | 3.70x |
| 2015-03-31 | 2.38x |
| 2014-12-31 | -4.69x |
| 2014-09-30 | 5.39x |
| 2014-06-30 | 4.34x |
| 2014-03-31 | 3.22x |
| 2013-12-31 | 6.39x |
| 2013-09-30 | 4.25x |
| 2013-06-30 | -0.86x |
| 2013-03-31 | -2.64x |
| 2012-09-30 | 5.14x |
| 2012-06-30 | 13.39x |
| 2012-03-31 | -11.03x |
| 2011-12-31 | -27.66x |
| 2011-09-30 | 18.12x |