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 -31.25x is 18% below its 5-year average of -26.55x, around the middle of its 5-year range (-187.66x–62.20x).
140.82% below its 12-month average of -12.98x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -26.01x.
INTEREST COVERAGE RATIO
-31.25x
INTEREST COVERAGE RATIO AVG TTM
-12.98x
INTEREST COVERAGE RATIO AVG 3Y
-26.61x
INTEREST COVERAGE RATIO AVG 5Y
-26.55x
INTEREST COVERAGE RATIO AVG 10Y
-18.89x
INTEREST COVERAGE RATIO AVG 15Y
-19.04x
INTEREST COVERAGE RATIO AVG 20Y
-15.11x
CURRENT VS TTM AVG
-140.82%
CURRENT VS 3Y AVG
-17.43%
CURRENT VS 5Y AVG
-17.69%
CURRENT VS 10Y AVG
-65.45%
CURRENT VS 15Y AVG
-64.16%
CURRENT VS 20Y AVG
-106.78%
SECTOR MEDIAN · CONSUMER CYCLICAL
1.68x
median of 271 covered companies
CURRENT VS SECTOR MEDIAN
-1960.12%
vs the sector median at left
Worksport Ltd.
Market Cap
$5.89M
Interest Coverage Ratio
-31.25x
TTM Avg
-12.98x
3Y Avg
-26.61x
5Y Avg
-26.55x
Market Cap
$5.73M
Interest Coverage Ratio
0.00x
TTM Avg
1.54x
3Y Avg
1.92x
5Y Avg
1.79x
Market Cap
$6.12M
Interest Coverage Ratio
-100.60x
TTM Avg
4.04x
3Y Avg
4.04x
5Y Avg
4.04x
Market Cap
$5.56M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.41M
Interest Coverage Ratio
-25.92x
TTM Avg
27.11x
3Y Avg
27.11x
5Y Avg
27.11x
Market Cap
$5.24M
Interest Coverage Ratio
-4.86x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.62M
Interest Coverage Ratio
-2.32x
TTM Avg
100.05x
3Y Avg
125.68x
5Y Avg
125.68x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Worksport Ltd. (WKSP) | $5.89M | -31.25x | -12.98x | -26.61x | -26.55x |
| INNEOVA Holdings Ltd (INEO)vs › | $5.73M | 0.00x | 1.54x | 1.92x | 1.79x |
| Twin Vee Powercats Co. (VEEE)vs › | $6.12M | -100.60x | 4.04x | 4.04x | 4.04x |
| Newton Golf Company (NWTG)vs › | $5.56M | N/A | N/A | N/A | N/A |
| XWELL, Inc. (XWEL)vs › | $6.35M | -69.82x | N/A | N/A | N/A |
| Springview Holdings Ltd Class A Ordinary Shares (SPHL)vs › | $5.41M | -25.92x | 27.11x | 27.11x | 27.11x |
| MKDWELL Tech Inc. (MKDW)vs › | $5.24M | -4.86x | N/A | N/A | N/A |
| Jowell Global Ltd. (JWEL)vs › | $5.21M | N/A | N/A | N/A | N/A |
| Lobo Technologies Ltd. (LOBO)vs › | $6.62M | -2.32x | 100.05x | 125.68x | 125.68x |
| Autozi Internet Technology (Global) Ltd. (AZI)vs › | $5.03M | -8.33x | N/A | N/A | N/A |
Interest Coverage
-31.3x
Debt/Equity
0.29
Current Ratio
3.79
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 | -26.01x |
| 2026-03-31 | 62.20x |
| 2025-12-31 | -38.34x |
| 2025-09-30 | -34.51x |
| 2025-06-30 | -28.23x |
| 2025-03-31 | -21.78x |
| 2024-12-31 | -16.81x |
| 2024-09-30 | -17.00x |
| 2024-06-30 | -29.15x |
| 2024-03-31 | -29.45x |
| 2023-12-31 | -23.75x |
| 2023-09-30 | -34.43x |
| 2023-06-30 | -19.90x |
| 2023-03-31 | -21.38x |
| 2022-12-31 | -21.75x |
| 2022-09-30 | -26.20x |
| 2022-06-30 | -18.38x |
| 2022-03-31 | -111.49x |
| 2021-12-31 | -187.66x |
| 2021-09-30 | -78.12x |
| 2021-06-30 | -44.34x |
| 2021-03-31 | -4.34x |
| 2020-12-31 | -3.27x |
| 2020-09-30 | -1.95x |
| 2020-06-30 | -2.26x |
| 2020-03-31 | -4.48x |
| 2019-12-31 | -40.47x |
| 2019-09-30 | 3.37x |
| 2019-06-30 | 0.86x |
| 2019-03-31 | -2.23x |
| 2018-12-31 | -22.34x |
| 2018-09-30 | -37.74x |
| 2018-06-30 | -25.08x |
| 2018-03-31 | -10.86x |
| 2017-12-31 | -1.58x |
| 2017-09-30 | -13.48x |
| 2017-06-30 | -10.26x |
| 2017-03-31 | -38.65x |
| 2016-09-30 | -0.65x |
| 2016-06-30 | -13.16x |
| 2016-03-31 | -8.26x |
| 2015-09-30 | -248.55x |
| 2015-06-30 | -199.74x |
| 2015-03-31 | -35.18x |
| 2008-09-30 | -1.54x |
| 2008-06-30 | -0.03x |
| 2008-03-31 | -0.07x |
| 2007-12-31 | -0.10x |
| 2007-09-30 | -0.03x |
| 2007-06-30 | -0.03x |
| 2007-03-31 | -0.03x |
| 2006-12-31 | -0.12x |
| 2006-09-30 | -0.03x |
| 2006-06-30 | -0.03x |
| 2006-03-31 | -0.03x |
| 2005-12-31 | -0.12x |
| 2005-09-30 | -0.03x |
| 2005-06-30 | -0.03x |
| 2005-03-31 | -0.03x |
| 2004-12-31 | -0.12x |
| 2004-09-30 | -0.03x |
| 2004-06-30 | -0.03x |
| 2004-03-31 | -0.03x |
| 2003-12-31 | -0.10x |
| 2003-09-30 | -1.00x |
| 2003-06-30 | -0.59x |
| 2003-03-31 | -0.93x |
| 2002-12-31 | 0.00x |
| 2002-09-30 | -0.45x |
