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Red Cat Holdings, Inc. RCAT Interest coverage

Interest coverage at other companies

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Unusual MachinesUMAC
-32,856×-33,055×
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6.5×+3.3×
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7.4×+2.7×
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2.1×
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-13.9×-3.3×
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6.6×-0.4×

Other financials

Income statement

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Revenue$15.5M+849%
Gross profit$2.0M+331%
Operating income-$27.3M-119%
Net income-$26.6M-14.8%
EPS (diluted)-$0.22+18.5%

Balance sheet

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Cash & equivalents$131.9M+1,608%
Total debt$14.1M-49.1%
Total equity$238.7M+726%
Total assets$281.9M+373%

Cash flow

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Operating cash flow-$31.9M-101%
CapEx$6.8M+2,385%
Free cash flow-$38.7M-139%

Valuation

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Market cap$1.36B+101%
Enterprise value$1.24B+77.8%
P/S24.9×-29.9×

Profitability

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Gross margin7.5%+4.1pp
Operating margin-149.2%-58.6pp
Net margin-138.4%-61.7pp
FCF margin-216.8%

Returns & leverage

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Return on equity-56.4%-24.3pp
Debt / equity0.1×-0.9×
Current ratio11×+10.0×

Where this comes from

Calculated from Red Cat Holdings, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Red Cat Holdings, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Red Cat Holdings, Inc.'s interest coverage?
Red Cat Holdings, Inc. (RCAT) reported interest coverage of -20.6× in Q1 2026.
How has Red Cat Holdings, Inc.'s interest coverage changed year-over-year?
Red Cat Holdings, Inc.'s interest coverage increased by 99.8% year-over-year, from -8,444.6× to -20.6×.
What is the long-term trend for Red Cat Holdings, Inc.'s interest coverage?
Over 2 years (2020 to 2025), Red Cat Holdings, Inc.'s interest coverage has grown at a -34.3% compound annual growth rate (CAGR), from -56.8× to -24.6×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.