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 -57.13x is 51% below its 5-year average of -37.84x, around the middle of its 5-year range (-89.38x–-9.63x).
As of the fiscal period ended Tuesday, December 31, 2024.
Reported quarterly interest coverage; no daily interpolation. Q4 FY2024 (2024-12-31): -57.13x.
INTEREST COVERAGE RATIO
-57.13x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-73.25x
INTEREST COVERAGE RATIO AVG 5Y
-37.84x
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
N/A
CURRENT VS 3Y AVG
+22.01%
CURRENT VS 5Y AVG
-50.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.30x
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
-19142.33%
vs the sector median at left
Wearable Devices Ltd.
Market Cap
$3.44M
Interest Coverage Ratio
-57.13x
TTM Avg
N/A
3Y Avg
-73.25x
5Y Avg
-37.84x
Market Cap
$3.40M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.37M
Interest Coverage Ratio
0.24x
TTM Avg
0.24x
3Y Avg
0.24x
5Y Avg
0.24x
Market Cap
$3.21M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.19M
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.75M
Interest Coverage Ratio
-75.83x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.77M
Interest Coverage Ratio
-17.03x
TTM Avg
15.98x
3Y Avg
15.98x
5Y Avg
15.98x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wearable Devices Ltd. (WLDS) | $3.44M | -57.13x | N/A | -73.25x | -37.84x |
| Real Messenger Corporation (RMSG)vs › | $3.40M | N/A | N/A | N/A | N/A |
| Cemtrex, Inc. (CETX)vs › | $3.37M | 0.24x | 0.24x | 0.24x | 0.24x |
| Youxin Technology Ltd (YAAS)vs › | $3.21M | N/A | N/A | N/A | N/A |
| Locafy Ltd (LCFY)vs › | $3.69M | -24.16x | N/A | N/A | N/A |
| Linkage Global Inc. Class A Ordinary Shares (UZX)vs › | $3.19M | N/A | N/A | N/A | N/A |
| Trident Digital Tech Holdings Ltd (TDTH)vs › | $3.75M | -75.83x | N/A | N/A | N/A |
| Triller Group Inc. (ILLR)vs › | $3.13M | N/A | N/A | N/A | N/A |
| SurgePays, Inc. (SURG)vs › | $3.77M | -17.03x | 15.98x | 15.98x | 15.98x |
| Cyabra, Inc. Common Stock (CYAB)vs › | $3.85M | -24.28x | N/A | N/A | N/A |
Interest Coverage
-57.1x
Debt/Equity
0.01
Current Ratio
13.68
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 | -57.13x |
| 2022-12-31 | -89.38x |
| 2021-06-30 | -17.82x |
| 2020-12-31 | -15.23x |
| 2020-06-30 | -9.63x |
