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 23.54x is 146% above its 5-year average of 9.58x, near the high end of its 5-year range (-91.83x–32.86x).
33.97% above its 12-month average of 17.57x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
23.54x
INTEREST COVERAGE RATIO AVG TTM
17.57x
INTEREST COVERAGE RATIO AVG 3Y
19.52x
INTEREST COVERAGE RATIO AVG 5Y
9.58x
INTEREST COVERAGE RATIO AVG 10Y
3.08x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+33.97%
CURRENT VS 3Y AVG
+20.58%
CURRENT VS 5Y AVG
+145.82%
CURRENT VS 10Y AVG
+664.35%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+202.57%
vs the sector median at left
Block, Inc.
Market Cap
$47.69B
Interest Coverage Ratio
23.54x
TTM Avg
17.57x
3Y Avg
19.52x
5Y Avg
9.58x
Market Cap
$48.39B
Interest Coverage Ratio
8.98x
TTM Avg
6.31x
3Y Avg
4.74x
5Y Avg
4.74x
Market Cap
$46.51B
Interest Coverage Ratio
5.89x
TTM Avg
12.80x
3Y Avg
112.73x
5Y Avg
88.83x
Market Cap
$46.31B
Interest Coverage Ratio
0.21x
TTM Avg
0.21x
3Y Avg
0.21x
5Y Avg
0.88x
Market Cap
$49.40B
Interest Coverage Ratio
3.39x
TTM Avg
2.67x
3Y Avg
3.15x
5Y Avg
6.02x
Market Cap
$45.19B
Interest Coverage Ratio
-0.63x
TTM Avg
1145.05x
3Y Avg
1145.05x
5Y Avg
1145.05x
Market Cap
$50.57B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$44.72B
Interest Coverage Ratio
N/A
TTM Avg
11.02x
3Y Avg
10.06x
5Y Avg
10.06x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Block, Inc. (XYZ) | $47.69B | 23.54x | 17.57x | 19.52x | 9.58x |
| Workday, Inc. (WDAY)vs › | $48.39B | 8.98x | 6.31x | 4.74x | 4.74x |
| STMicroelectronics N.V. (STM)vs › | $46.51B | 5.89x | 12.80x | 112.73x | 88.83x |
| Atlassian Corporation (TEAM)vs › | $46.31B | 0.21x | 0.21x | 0.21x | 0.88x |
| Ciena Corporation (CIEN)vs › | $49.40B | 3.39x | 2.67x | 3.15x | 6.02x |
| Strategy Inc (MSTR)vs › | $45.19B | -0.63x | 1145.05x | 1145.05x | 1145.05x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $50.57B | N/A | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $44.72B | N/A | 11.02x | 10.06x | 10.06x |
| Veeva Systems Inc. (VEEV)vs › | $42.91B | N/A | N/A | N/A | N/A |
| Electronic Arts Inc. (EA)vs › | $52.92B | 21.92x | 24.07x | 24.32x | 23.33x |
Interest Coverage
23.5x
Debt/Equity
0.30
Current Ratio
2.21
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 | 8.01x |
| 2026-03-31 | 6.17x |
| 2025-12-31 | 18.51x |
| 2025-09-30 | 22.30x |
| 2025-06-30 | 32.86x |
| 2025-03-31 | 28.94x |
| 2024-12-31 | 15.99x |
| 2024-09-30 | 23.39x |
| 2022-12-31 | -91.83x |
| 2022-09-30 | -8.07x |
| 2022-06-30 | -16.49x |
| 2022-03-31 | -14.40x |
| 2021-12-31 | -4.20x |
| 2021-09-30 | 1.71x |
| 2021-06-30 | 19.34x |
| 2021-03-31 | 267.73x |
| 2020-12-31 | 2.51x |
| 2020-09-30 | 3.29x |
| 2020-06-30 | -1.56x |
| 2020-03-31 | -9.81x |
| 2019-12-31 | 2.86x |
| 2019-09-30 | 5.70x |
| 2019-06-30 | -0.16x |
| 2019-03-31 | -4.71x |
| 2018-12-31 | -0.60x |
| 2018-09-30 | -1.37x |
| 2018-03-31 | -7.45x |
| 2017-12-31 | -4.58x |
| 2017-06-30 | -3.74x |
| 2017-03-31 | -28.22x |
| 2016-09-30 | -288.13x |
| 2016-03-31 | -1407.72x |
| 2015-12-31 | -41.12x |
| 2015-09-30 | -381.15x |
| 2015-06-30 | -63.23x |
| 2015-03-31 | -111.96x |
| 2014-12-31 | -78.02x |
| 2014-09-30 | -83.12x |
